Introduction to Financial Accounting (Chinese)

This course aims to teach students the essential technical skills needed to analyze financial statements and disclose financial information, and help them understand the impact of accounting standards and executive incentives on the financial reporting process. The course is divided into four main modules covering the fundamentals of financial accounting. The first module introduces an overview of financial statements, the balance sheet equation, and double-entry bookkeeping, demonstrating how to record transactions and prepare initial financial statements through a startup case. The second module explores the accrual accounting method and its impact on the income statement, including revenue and expense recognition, adjusting entries, and closing entries. The third module focuses on the statement of cash flows, explaining how to classify cash flows into operating, investing, and financing categories, and how to prepare and analyze the cash flow statement. The final module introduces ratio analysis, providing a deeper understanding of the balance sheet and income statement through various financial ratios. Upon completion, students will be able to read and analyze the three most common financial statements and apply their skills to solve real business problems.