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Financial Accounting Fundamentals

$79.00

This course will teach you the tools you’ll need to understand the fundamentals of financial accounting.read more…

Level

Beginner

Rating

4 Stars

Duration

17 + Hours

Language

English

Subtitle

English

Feature

Captions, Certification, Exercises, On-Demand, Quizzes

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Categories: Business, Finance Tags: Accounting, Balance Sheet, Financial Accounting, Financial Statement
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Description

What you'll learn

Introduction to Financial Accounting, the Financial Statements, and the Balance Sheet

Introduction to Recording Transactions

The Income Statement, Revenue and Expense Transactions, and Adjusting Entries

The Statement of Cash Flows, Financial Statement Preparation

More Transactions, Analysis of Financial Statements, and an Annual Report

Description

This course will teach you the tools you’ll need to understand the fundamentals of financial accounting. Concise videos, the financial records of a small business, and “your turn” activities guide you through the three most commonly used financial statements: the Balance Sheet, the Income Statement, and the Statement of Cash Flows.

Beyond recording transactions, you’ll learn how to prepare these financial statements, and read and analyze them to draw basic conclusions about a company’s financial health. By the end of this course, you will be able to: – Use journal entries to record transactions – Prepare and use t-accounts to summarize transactions recorded during an accounting period – Describe the three most commonly used financial statements and how they fit together – Prepare these financial statements based on transactions recorded during an accounting period – Draw basic conclusions about a company’s financial health.

Requirements

Access to a computer or mobile device with an internet connection.

Motivation to learn!

There are no special materials or prerequisite knowledge required for this course.

Who this course is for

Students who are new to this field

Students willing to put in a couple hours to learn about Financial Accounting Fundamentals

Advanced students wanting to add another skill to their portfolio

Content Creator

Luann J. Lynch – Almand R. Coleman Professor of Business Administration – Darden School of Business

This course includes

Participation Confirmation/Certificate

Option for learning at your own pace

Videos and reading material about the course

Practice tests

Assessed tasks with feedback from other course participants

Evaluated tests with feedback

Evaluated programming tasks

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