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Financial Accounting for Beginners - Introduction to Financial Accounting

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Overview

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This beginner course introduces financial accounting terminology and the preparation and interpretation of balance sheets, income statements, cash flow statements, and financial ratios. It also contrasts accrual and cash accounting.

Syllabus

- What is Financial Accounting?
- Basic Terminologies in Financial Accounting
– Assets
– Liability
– Equity
– Revenue
- Expenses
- Accrual vs Cash Accounting
- Balance Sheet
- Income Statement
- Cashflow Statement
- Financial Ratios

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