Financial Accounting is often called the language of business; it is the language that managers use to communicate the firm's financial and economic information to external parties such as shareholders and creditors. Nobody working in business can afford financial illiteracy. Whether you run your own business, work as a manager or are just starting your career, you want to understand financial information and be able to interact with accountants, controllers, and financial managers. You want to talk business!
Offered By
IESE Business SchoolAbout this Course
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Flexible deadlines
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Shareable Certificate
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100% online
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Beginner Level
Approx. 12 hours to complete
English
Subtitles: Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, English, Spanish
Skills you will gain
- Financial Accounting
- Accounting
- Financial Statement
- Balance Sheet
Flexible deadlines
Reset deadlines in accordance to your schedule.
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Beginner Level
Approx. 12 hours to complete
English
Subtitles: Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, English, Spanish
Offered by
IESE Business School
For over fifty years, IESE, the graduate business school of the University of Navarra, has been at the forefront of management education, developing and inspiring business leaders who strive to make a deep, positive and lasting impact on the people, companies and society they serve.
Syllabus - What you will learn from this course
3 hours to complete
Course Overview & Week 1: Introduction to Accounting - The Balance Sheet
Welcome! Before you start today's videos, please have a look at the syllabus. In this first session, 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. Objectives: To gain insight into the essence of accounting and become familiar with the balance sheet and its purpose.
3 hours to complete
10 videos (Total 48 min), 7 readings, 1 quiz
2 hours to complete
Week 2: The Income Statement
Now that you are familiar with the balance sheet, in week two 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. Course objectives: To be able to recognize a broader range of transactions on the balance sheet and to become familiar with the income statement.
2 hours to complete
11 videos (Total 49 min), 5 readings, 1 quiz
3 hours to complete
Week 3: 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 week two. I'll also introduce a third financial report - the cash flow statement - and discuss liquidity. Course objectives: To understand the difference between liquidity and profitability, become familiar with T-accounts and gain insight into the purpose of the cash flow report.
3 hours to complete
14 videos (Total 67 min), 4 readings, 1 quiz
4 hours to complete
Week 4: 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 session, we'll discuss the difference between accrual and cash accounting and also read and interpret a real enterprise's financial statements. Course objectives: By the end of the session, you will be able to handle numerous transactions for the purposes of financial reporting, and understand the advantages of accrual accounting.
4 hours to complete
11 videos (Total 67 min), 7 readings, 3 quizzes
Reviews
- 5 stars85.39%
- 4 stars12.57%
- 3 stars1.23%
- 2 stars0.11%
- 1 star0.67%
TOP REVIEWS FROM ACCOUNTING: PRINCIPLES OF FINANCIAL ACCOUNTING
by ZBJul 15, 2020
I love Prof Badia's way of teaching, it is so easy to understand and makes accounting look a lot less daunting or complicated. I enjoyed the course thoroughly and learned a lot!
by DBOct 2, 2016
Great course. Very well explained and really helped me understand the concepts of the three financial statements explained in the course. The reading material is very informative.
by TVApr 4, 2020
I enjoyed this course. I found the instruction very thorough. The practical applications made the concepts easy to understand and apply. The instructor was easy to listen to and follow along with.
by MPJun 9, 2021
Course material is contemporary and very learner friendly. The flexibility of contact time with the course content facilitates the busy schedule of the learner who is working fulltime.
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