Free Online Financial Accounting Basics Course

0
Certificate

Paid

Language

Level

Intermediate

Access

Free

Last updated on December 19, 2024 5:52 pm

Free Financial Accounting course to learn about key principles such as the accounting equation, balance sheets, trial balances, income statements and cash flow.

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This free online financial accounting basics course will introduce you to financial statements and how to make financial reports that are understandable, relevant, and reliable. In this course you will learn about the importance of accuracy in financial statements, and how they provides crucial information for key business decisions. Start this free online course to learn how to complete accurate, relevant, and reliable financial statements.

What You Will Learn In This Free Course

  • Describe key accounting principles a…
  • Explain the Chart of Accounts and it…
  • Describe how the Income Statement pr…
  • Discuss the accounting equation, the…
  • Describe key accounting principles and concepts to apply them in a business context.
  • Explain the Chart of Accounts and its use in an accounting system.
  • Describe how the Income Statement provides information on the profits and losses of the company.
  • Discuss the accounting equation, the preparation of the Balance Sheet and its application to provide information on the financial position of the firm.
  • List the key concepts of the Cash Flow Statement and describe its value in providing insight into the generation of money by the trading activities of your firm.
  • Explain the overall concept in preparation of the Statement of Changes in Equity and its use.
  • Describe how entries are performed in the four key financial statements.
  • The Foundation – Financial Accounting

    Financial statements provide information about the economic performance of a company which is of benefit to a wide range of users when making economic decisions. Financial statements should be understandable, relevant, reliable and comparable. Reported assets, liabilities, income, expenses, and equity are directly related to an organization’s economic success or lack of it.

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      Free Online Financial Accounting Basics Course
      Free Online Financial Accounting Basics Course
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