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Aalto University Executive Education

Fundamentals of Accounting

Aalto University via Aalto University Executive Education

Overview

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The Fundamentals of Accounting online course provides an introduction to essential concepts in financial and management accounting. Throughout the course, you’ll gain the foundational knowledge needed by professionals and management for understanding financial principles. The course includes 19 video lectures, each lasting around ten minutes, along with exercises to help students assess their understanding of each key topic.

Syllabus

Content and Schedule

Accounting can be regarded as the language of business. Those who wish to operate successfully in a management position in any organization must understand and be able to speak this language. The Fundamentals of Accounting online course will cover the main areas of accounting and its key concepts. The course provides a basic understanding of accounting concepts, methods, and uses.

The course will cover, e.g.:

  • What you can read from the profit and loss statement, balance sheet, and cash flow statement
  • How can you analyze the financial performance of an organization by using key performance indicators
  • How you can assess the profitability of products, services, and customers
  • How you can evaluate the performance of different kinds of organizations
  • How to conduct financial planning
  • How accounting can support various decision-making situations

The estimated study time of the course is 12 hours. The course allows flexible study patterns; you can decide on your schedule and the speed of your progress. The recommended study schedule is 2-3 hours per week for 3-4 weeks.

For Whom?

New Learners
This course is aimed at managers accountable for financial results and experts willing to learn the fundamentals of accounting and the skills required to interpret financial indicators.

Learners in Need of Revision
The course is suitable for those who need to revisit or acquaint themselves with the basic concepts of accounting and the contexts in which they are typically used. It also provides excellent preparatory training for students before enrolling in any of the training programs offered by Aalto EE.

Taught by

Teemu Malmi

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