This course is designed to provide a basic understanding of financial statements with an emphasis on the balance sheet. However, to understand accounting driven financial statements, it is important to recognize that accounting is less about counting and more about measuring. “What is it that is being measured?” Well, as the course unfolds, you will learn about the three measurement questions and how the balance sheet helps to answer the first two of these questions. By touring a real company and interviewing real business people, the course describes the basic content of financial statements in a simple yet relevant context. The goal of the course is to leave a lasting impression about what balance sheet consists of and what it reveals. The next course in the Fundamentals of Accounting Specialization completes the conversation by addressing the remaining measurement question.
This course is part of the Fundamentals of Accounting Specialization
About this Course
Skills you will gain
- Financial Statement
- Balance Sheet
- Accounting Terminology
Syllabus - What you will learn from this course
Module 1: What Is Accounting and Why Are Financial Reports Important?
Module 2: Assets – What Do You Own?
Module 3: Liabilities – What Do You Owe?
Module 4: Equity and How the Balance Sheet Fits Together
- 5 stars80.54%
- 4 stars16.81%
- 3 stars1.97%
- 2 stars0.24%
- 1 star0.41%
TOP REVIEWS FROM UNDERSTANDING FINANCIAL STATEMENTS: COMPANY POSITION
Great course, it teaches you a lot in a simple way. The material is presented to you in a easy to follow format, with lots of supplemental material.
Great course...the instructor was excellent! Really was clear and understandable, and held my attention despite this subject not being my strong suit. ;-)
This Course was very enjoyable partaking. I had an accounting experience but this course took me into deep specifically the practical sessions. Its free and lets all get involved.
Having worked with accountants for 11 years but only taking a few accounting classes in college, this taught me many things that help me better understand what the accountants are talking about.
About the Fundamentals of Accounting Specialization
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