Accounting Fundamentals
Master essential accounting: financial statements, transaction recording, and preparing income statements, balance sheets, and cash flow analyses.
Master essential accounting: financial statements, transaction recording, and preparing income statements, balance sheets, and cash flow analyses.
This beginner-friendly course provides a comprehensive introduction to accounting fundamentals crucial for finance professionals. You'll develop a solid understanding of how financial statements provide insights into business profitability, operations, and growth. The curriculum covers the importance and structure of key financial statements, including income statements, balance sheets, and cash flow statements. You'll learn to define various financial statement terms, record transactions accurately, and understand how these transactions flow through the accounting system. Through practical exercises, you'll gain hands-on experience preparing multi-year financial statements and analyzing their components. Designed for those new to accounting or finance professionals seeking a refresher, this course builds the foundational knowledge necessary for financial modeling and valuation in more advanced studies.
4.9
(25 ratings)
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What you'll learn
Understand the role and importance of financial statements
Define various financial statement terms and concepts
Explore the format and structure of income statements, balance sheets, and cash flow statements
Record financial transactions accurately within the accounting system
Understand how transactions flow through different financial statements
Prepare multi-year financial statements from transaction data
Skills you'll gain
This course includes:
2.4 Hours PreRecorded video
1 assignment
Access on Mobile, Tablet, Desktop
FullTime access
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There are 6 modules in this course
This course delivers comprehensive training on accounting fundamentals essential for finance professionals. Students learn the structure and importance of the three main financial statements: the balance sheet, income statement, and cash flow statement. The curriculum begins with basic accounting principles and progresses through transaction recording, financial statement preparation, and analysis. Key topics include the accounting equation, matching principle, depreciation methods, and distinguishing between profit and cash flow. Through practical exercises and interactive components, participants develop hands-on experience creating and interpreting financial statements. The course emphasizes how accounting insights reveal business profitability, operations, growth, and underlying drivers. Designed for beginners or those seeking a refresher, it provides the foundational knowledge required for financial modeling and valuation.
Getting Started
Module 1 · 30 Minutes to complete
The Balance Sheet
Module 2 · 1 Hours to complete
The Income Statement
Module 3 · 2 Hours to complete
The Cash Flow Statement
Module 4 · 1 Hours to complete
Course Summary
Module 5 · 0 Minutes to complete
Qualified Assessment
Module 6 · 50 Minutes to complete
Fee Structure
Instructor
Global Finance Education Leader CFI Transforms Professional Development Through Comprehensive Training
Corporate Finance Institute (CFI), headquartered in Vancouver, Canada, has established itself as a premier global provider of online financial education and certification programs, serving over 300,000 professionals worldwide. The institute offers comprehensive training through its flagship certifications including the Financial Modeling & Valuation Analyst (FMVA), Commercial Banking & Credit Analyst (CBCA), Capital Markets and Securities Analyst (CMSA), and Business Intelligence and Data Analyst (BIDA) programs. With endorsements from global leaders like Microsoft, Amazon, IBM, and major financial institutions including Citigroup and HSBC, CFI's curriculum bridges the gap between traditional business education and practical industry requirements. The institute's commitment to excellence is reflected in its NASBA-registered CPE programs, practical skill-focused training, and its successful 2021 acquisition of Macabacus, demonstrating its ongoing evolution in serving the global finance community with cutting-edge educational resources
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4.9 course rating
25 ratings
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