Brief Introduction
Refresh your knowledge of basic accounting processes and discover recent changes in International Financial Reporting Standards.Course Summary
Learn how to interpret financial statements and make better decisions for your organization. This course introduces the basics of financial accounting through real-world examples and case studies.Key Learning Points
- Understand the fundamentals of financial accounting
- Interpret financial statements and ratios
- Make informed decisions based on financial data
Related Topics for further study
- Financial Accounting
- Interpreting Financial Statements
- Decision Making
- Ratio Analysis
- Real World Examples
Learning Outcomes
- Understand the basics of financial accounting
- Analyze financial statements and ratios
- Make informed decisions based on financial data
Prerequisites or good to have knowledge before taking this course
- No prior knowledge of accounting required
- Access to a computer and internet connection
Course Difficulty Level
BeginnerCourse Format
- Online
- Self-paced
- Interactive
- Real-world Examples
Similar Courses
- Financial Accounting Fundamentals
- Financial Statements and Analysis
Related Education Paths
- Chartered Financial Analyst (CFA)
- Certified Public Accountant (CPA)
- Certified Management Accountant (CMA)
Notable People in This Field
- Warren Buffett
- Suze Orman
- Dave Ramsey
Related Books
Requirements
- The course is designed for those who have already completed an introductory course in financial accounting and need to refresh their understanding. It will suit those looking to take an intermediate or advanced financial accounting course in the future, dealing with business groups, M&A, and consolidation. Junior professionals (e.g. Chartered Accountants and Certified Financial Accountants) can also familiarise with recent changes in International Financial Reporting Standards.
Knowledge
- The accounting cycle: translating companies’ operations and decisions into numbers;Understanding accounting as the language of business: users of accounting information and its different purposes;The role of accounting equation in ensuring recording integrity and keeping track of the transactions;The role of accruals in making sense of financial accounting information;The package of Financial Statements: balance sheet, income statement and cash flow statement;Debunking myths about accounting as a fact: the role of valuation, assumptions and forecasts;Reading and interpreting financial statements with a ‘sceptical’ eye.
Summary of User Reviews
Learn how to make informed financial decisions with Introduction to Financial Accounting: Organizations and Decisions Through Numbers course. The course has received positive reviews from users who found it informative and engaging. Many users appreciated the practical approach of the course, which helped them develop a better understanding of financial accounting concepts.Key Aspect Users Liked About This Course
Practical approach to learning financial accounting conceptsPros from User Reviews
- Informative and engaging course content
- Practical approach to learning financial accounting concepts
- Well-structured course materials
- Good pace of learning
- Interactive assignments and quizzes
Cons from User Reviews
- Lack of in-depth analysis on certain topics
- Not suitable for advanced learners
- Some users found the course too basic
- Limited interaction with instructors and peers
- No certification offered for completing the course
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