Financial Accounting Fundamentals

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Course overview

Provider
Coursera
Course type
Free online course
Level
Beginner
Deadline
Flexible
Duration
14 hours
Certificate
Paid Certificate Available
Course author
Luann J. Lynch
  • How to use journal entries to record transactions and prepare and use t-accounts to summarize transactions recorded during an accounting period

  • The three most commonly used financial statements and how they fit together

  • How to prepare these financial statements based on transactions recorded during an accounting period

  • How to draw basic conclusions about a company's financial health

Description

This course, developed at the Darden School of Business at the University of Virginia and taught by top-ranked faculty, 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
Financial Accounting Fundamentals
  • English language

  • Recommended provider

  • Certificate available