Financial Accounting: Learn the fundamentals and structure blocks of the accounting process
preface to Accounting course overview
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This FREE preface to an Accounting course will guide you through the fundamentals of the accounting process.
We’ll explore the layout of the balance distance, income statement, and cash inflow statement; and demonstrate how to prepare financial statements from scrape.
This abecedarian account course is an essential structure block needed for performing fiscal modeling and other types of Wall Street fiscal analysis.
Constructing an income statement and balance distance (Financial Accounting )
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In the first section of this free account course, we will explore the layout of the balance distance and income statement, how deals are recorded, and how to prepare a simple balance distance and income statement.
By the end of this section, you’ll have a solid understanding of how to construct a balance distance and income statement.
- Explain the format of the income statement and balance distance
- Define Colorful fiscal statement terms(e.g. accounts receivable, overpayments, etc.)
- Record fiscal statement deals(e.g. invoicing, raising equity, buying force, etc.)
- Financial Accounting
- Prepare a simple income statement and balance the distance
- Constructing a cash inflow statement
In this alternate section of this Intro to Accounting course, we will explore the layout of the cash inflow statement, explain the differences between the cash inflow statement and the income statement, and prepare a cash inflow statement from scrape.
- By the end of this section, you’ll have a solid understanding of how to construct a cash inflow statement.
- Outline the format of the cash inflow statement
- Explain the difference between profit and cash
- Financial Accounting
- Prepare a simple cash inflow statement using the balance distance and income statement
- further Accounting Course Details
This online account course incorporates a wide range of applied exercises and case studies. Sophisticated hunt and navigation tools allow you to go at your own pace while quizzes test what you’ve just learned.
The course also includes two PDF reference attendants – an account factsheet and a fiscal statements glossary- that can be used while taking the course and downloaded to your computer for future reference. This is the ultimate account crash course to fix for Wall Street careers!
What you’ll learn
- Explain the format of the income statement and balance distance
- Define colorful fiscal statement terms(e.g. accounts receivable, overpayments, etc.)
- Record fiscal statement deals(e.g. invoicing, raising equity, buying force, etc.)
- Prepare a simple income statement and balance the distance
- Financial Accounting
- Outline the format of the cash inflow statement
- Explain the difference between profit and cash
- Prepare a simple cash inflow statement using the balance distance and income statement
Are there any course conditions or prerequisites?
- No prerequisite knowledge is needed!
- Access to a PC or Mac
- Financial Accounting
- An Internet connection, including the capability to play audio as courses, including voice lectures
- Familiarity with introductory Internet operations( dispatch and web cybersurfer)
- A recent interpretation of Microsoft Internet Explorer, Firefox, Chrome, Safari, or another web cybersurfer
- A streamlined interpretation of Microsoft Excel
Who is this course for
This free online account course is designed for anyone who wants to review the fundamentals and structure blocks of the accounting process.
This class will also be useful for professionals who work in finance and want to review the generalities needed for fiscal modeling and valuation in CFI’s after courses.
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