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IESE Business School

Accounting: Principles of Financial Accounting

IESE Business School via Coursera

Overview

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Financial Accounting, the language of business, is essential for anyone interacting with financial information. Whether you're a business owner, manager, or just starting your career, understanding financial statements is crucial. This course provides the fundamentals of financial accounting, empowering you to interpret financial statements like balance sheets and income statements for informed decision-making. You'll gain the conceptual base for further learning in accounting and finance. No prior experience is needed. Practice your skills using Microsoft Excel, a critical tool in finance and accounting. Understand the basics of accounting, improving your business and potentially unlocking free courses and certificate opportunities along the way.

Syllabus

  • Introduction to Accounting: The Balance Sheet
    • Welcome! Before you start today's videos, please have a look at the syllabus. In this first module, I'll give you an overview of what accounting is all about and why it's important to have a basic proficiency in this "language." In addition, I'll introduce one of the most important financial reports - the balance sheet - and a practical real-world case so you can put theory into practice.
  • The Income Statement
    • Now that you are familiar with the balance sheet, in this second module we'll learn how to account for a variety of transactions. In addition, I'll introduce you to another key financial report: the income statement.
  • The Cash Flow Statement
    • Now that you have a good grasp of the balance sheet and income statement, I'll help you master how to recognize the transactions we went over in the second module. I'll also introduce a third financial report - the cash flow statement - and discuss liquidity.
  • Accrual Accounting
    • By using accrual accounting we can measure performance when a financial transaction takes place, even if no cash has actually changed hands. In this final module, we'll discuss the difference between accrual and cash accounting and also read and interpret a real enterprise's financial statements.

Taught by

Marc Badia

Reviews

4.5 rating, based on 2 Class Central reviews

4.8 rating at Coursera based on 3319 ratings

Start your review of Accounting: Principles of Financial Accounting

  • The course was very informative. i learnt many things form it. Being a part of the financial world it would surely help me t regain my abilities not only regain but it will also polish my skills and my deep understanding regarding key concepts of the financial world
  • Profile image for Darius Jackson
    Darius Jackson
    information technology is very important in society today, this is a opportunity for everyone that come in contact with this information.

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