Quick Wins Accounting 101

Quick Wins: Accounting 101

Quick Wins — a growing library of short, focused accounting lessons designed to fit into your busy schedule. Each lesson takes between 5 and 12 minutes and tackles one topic you need to understand clearly — no fluff, just practical explanations, worked examples, and the exam traps to watch out for.

Work through the lessons at your own pace. Each one includes a slide PDF, a short student instruction file, and a quick 2-question quiz to confirm you’ve understood the key point.

Lessons in This Course

Reading a Trial Balance Fast — 12 min

Scan any trial balance in seconds, spot red flags, and read the business story without reading every line.

VAT Basics Recap — 7 min

Refresh VAT input, VAT output, and the VAT control account, plus the correct journal entries and exam traps.

FIFO vs Weighted Average — 11 min

Understand the difference between the two inventory cost methods and how each one affects profit and closing inventory.

Depreciation, Explained Simply — 9 min

What depreciation actually is, the three IFRS methods, correct journal entries, and common exam traps.

What’s Included

• Short, focused lessons (5–12 minutes each)
• Slide PDF for every lesson
• Short student instruction file
• Quick 2-question quiz to confirm understanding
• Practical explanations, worked examples & exam traps

New Quick Wins are added regularly, so check back often.