Learners will analyze financial statements, apply accounting principles, and evaluate managerial decisions using globally accepted financial reporting and management accounting frameworks aligned with CMA Part 1. By the end of this course, learners will be able to interpret balance sheets, income statements, cash flow statements, and equity reports; apply revenue recognition and inventory valuation methods; assess long-term assets, leases, taxes, and pensions; and use budgeting and planning tools to support strategic decision-making.
Analyze and Apply Financial Reporting Fundamentals
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Gain insight into a topic and learn the fundamentals.
Beginner level
Recommended experience
2 weeks to complete
at 10 hours a week
Flexible schedule
Learn at your own pace
What you'll learn
Analyze and interpret financial statements using CMA Part 1–aligned financial reporting frameworks.
Apply accounting principles for revenue, inventory, assets, leases, taxes, and pensions.
Use budgeting, planning, and performance analysis tools to support managerial decision-making.
Skills you'll gain
- Depreciation
- Financial Statement Analysis
- Asset Management
- Budgeting
- Generally Accepted Accounting Principles (GAAP)
- Revenue Recognition
- Accounting
- Financial Management
- Financial Analysis
- Financial Reporting
- Management Accounting
- Income Statement
- Cash Flows
- Inventory Accounting
- Balance Sheet
- Accrual Accounting
- Capital Budgeting
Details to know
Shareable certificate
Add to your LinkedIn profile
Recently updated!
January 2026
Assessments
34 assignments
Taught in English
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There are 9 modules in this course
This module introduces the CMA program structure and establishes foundational concepts of general-purpose financial reporting, including its objectives, users, and qualitative characteristics that underpin reliable financial statements.
What's included
4 videos3 assignments
This module examines the balance sheet as a statement of financial position, focusing on asset and liability classification, measurement principles, disclosures, and inherent limitations.
What's included
4 videos3 assignments
This module explores income measurement, reporting formats, comprehensive income, and equity transactions to evaluate organizational performance and changes in ownership interest.
What's included
7 videos4 assignments
This module covers equity-related transactions and cash flow reporting, emphasizing operating, investing, and financing activities and the indirect method of cash flow preparation.
What's included
6 videos4 assignments
This module addresses revenue recognition principles, installment and cost recovery methods, and accounting for long-term construction contracts using appropriate recognition techniques.
What's included
7 videos4 assignments
This module focuses on inventory classification, recording systems, estimation techniques, costing methods, and valuation rules affecting cost of goods sold and profitability.
What's included
9 videos4 assignments
This module examines receivables management, allowance estimation, factoring, and accounting for debt and equity investments with an emphasis on risk and valuation.
What's included
8 videos4 assignments
This module covers accounting for property, plant, equipment, depreciation methods, impairment, leases, intangible assets, and deferred income taxes.
What's included
19 videos4 assignments
This module integrates financing instruments, pension accounting, budgeting systems, strategic planning, and capital budgeting for managerial decision-making.
What's included
21 videos4 assignments
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Frequently asked questions
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