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Financial Accounting: Foundations

Financial Accounting: Foundations

Advance your career & demonstrate the marked advantage in your organization

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Course Highlights

  • 5 Modules & Sub-modules

  • 15 Hours of E-learning content, tests etc

  • 100% Online-Start instantly and learn at your own schedule.

  • Flexible Schedule- Set and maintain flexible deadlines.

  • Offered by University of Illinois

  • Course Videos & Readings, Practice Quizzes

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7 Day Exchange Policy

Mode of learning: Online self study

Course Overview

Who should do this course ?
  • Accountants

  • Finanical Analysts

  • Auditors

What are the course deliverables ?
  • Will be able to Understand main financial statements and the financial information they provide

  • Will be able to write a financial transaction in financial accounting language and understand how this impacts main financial statements

  • Will be able to understand how accrual accounting and fundamental accounting concepts work

  • Understand revenue recognition principles and how they impact main financial statements

  • Account for accounts receivables and inventories

More about this course
  • In this course, you will learn foundations of financial accounting information. You will start your journey with a general overview of what financial accounting information is and the main financial statements. You will then learn how to code financial transactions in financial accounting language. In the meantime, you will learn about the most important concept in contemporary financial accounting: accrual accounting. You will then critically analyze how firms recognize revenues. Finally, you will finish the course with an analysis of accounting for short-term assets where you will go into detail on how firms account for accounts receivables and inventories.

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