Foundations of Financial Statement
This course offers an introduction to financial statements, covering accounting principles like double-entry bookkeeping, the accounting equation, and revenue recognition.
Overview
This course includes:
- On-demand videos
- Practice assessments
- Multiple hands-on learning activities
- Exposure to a real-world project
- 100% self-paced learning opportunities
- Certification of completion
This course provides a comprehensive introduction to the structure, purpose, and interpretation of financial statements. Learners begin with foundational accounting principles, including double-entry bookkeeping, the accounting equation, and revenue recognition. The course then explores the components of the income statement and balance sheet, including key line items and their interrelationships. Finally, learners examine the cash flow statement and learn how the three financial statements are integrated in real-world reporting and modeling. Designed for beginners, this course emphasizes clarity, hands-on practice, and real-world relevance.
Skills You Will Gain
Learning Outcomes (At The End Of This Program, You Will Be Able To...)
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Apply double-entry bookkeeping to accurately record transactions.
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Construct and interpret income statements and balance sheets.
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Analyze and link the three core financial statements (income statement, balance sheet, cash flow).
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Calculate key profitability ratios and evaluate financial health.
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Build a simple integrated financial model that connects all three financial statements.
Prerequisites
No prior accounting experience is required, but basic understanding of math and business concepts will be helpful. Familiarity with Excel or similar tools for data analysis is recommended.
Who Should Attend
This course is ideal for beginners seeking to understand the fundamentals of financial accounting. It is particularly useful for aspiring financial analysts, accounting professionals, or anyone looking to strengthen their financial literacy for business management or investment purposes.
