HELP: Online Course for Accounting?

Question

Dear Preplounge Team

I am an engineer and want to start my first company. Unfortunately I don't know anything about accounting. I want to acquire the most important skills to manage companies financially and to analyze and understand the most important concepts of the accounting language.
Can you recommend an online course?

I have found the following courses. Are these two courses sufficient to realise my plans?

Course1: https://sps.northwestern.edu/post-baccalaureate/fundamentals-accounting/index.php

Course2: https://sps.northwestern.edu/post-baccalaureate/advanced-accounting/index.php

Thanks very much!

Answer 1

Hi,

The NW school is a good source but it depends on how much you want to deep dive into the subject. If your aim is just to "speak the same language" and understand what is happening, it is fine. If your aim is to handle the accounting part on your own, you should definetly do a face-to-face course or an intership to put your hands on the financial statements ina safe enviroment.

Where are you going to start your company? Every country has his own detailed rules about accounting, you should consider it before buying a course.

Hope it helps,
Luca

Answer 2

Hi,
the source is great but I think you are going to overdo it. It's not needed such a competence for startup founder, when size will grow and you will need it you are going to be happy to hire an expert on it.

Best,
Antonello

Answer 3

Hello!

I don´t particularly know the courses, but I would look at the online feedbacks to make sure. In any case, I wouldn`t invest time and effort in these kind of courses if your goal is to open a startup.

It is a learning-by-doing process, but for sure you can benefit from a lot of help at the beggining. For that, I would rather join entrepreneurship clubs, incubators, contests, workshops, hackatons... you will learn the content and, more important, get to know the people and network.

Hope it helps!

Best regards,

Clara

Answer 4

Hi, Last I knew good MBA schools look for GMAT scores, not GRE. Not sure which schools you are applying to. I would... (read entire answer)

Hi, Last I knew good MBA schools look for GMAT scores, not GRE. Not sure which schools you are applying to. I would check their website to see if they have shared any means or... (read entire answer)