Basics of financial accounting

Learn about financial accounting and statements using practical transactions based illustrations
4.2 (29 ratings) Instead of using a simple lifetime average, Udemy calculates a
course's star rating by considering a number of different factors
such as the number of ratings, the age of ratings, and the
likelihood of fraudulent ratings.
1,945 students enrolled
Instructed by Skillfin Learning Business / Finance
$19
$20
5% off
Take This Course
  • Lectures 20
  • Length 33 mins
  • Skill Level Intermediate Level
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
Wishlisted Wishlist

How taking a course works

Discover

Find online courses made by experts from around the world.

Learn

Take your courses with you and learn anywhere, anytime.

Master

Learn and practice real-world skills and achieve your goals.

About This Course

Published 10/2015 English

Course Description

This course is about financial accounting and statements. At the end of the course, students will be able to have a clear understanding about the different financial statements and how to record transactions in a practical transaction. There are 5 key sections in this course which are as follows:

1) What is accounting?

2) Why do we need accounting?

3) What are the basic financial accounting statements?

4) How do we record transactions?

5) What after accounting?

The concepts in the course is taught through some illustrations of practical transactions. We take a look at each transaction and see its impact on the financial statements.

After this course, you should be able to have a deep learning about financial statements that will be useful to you in front of your clients to talk intelligently about financial transactions. Also this is useful for you to help crack interviews for finance roles.

So dont wait and sign up for this course from Skillfin Learning.

Happy learning


What are the requirements?

  • Nothing. We have designed this course in a very simple and intuitive manner. Just follow the screen.

What am I going to get from this course?

  • do basic financial accounting. Students will find this course useful to prepare financial statements of a company in a fairly simple manner to be able to analyze the business better.

What is the target audience?

  • This course is designed specifically for students (especially with non finance backgrounds) who are new and are clueless about financial accounting. The course is also useful for early tenured analysts who are in their first corporate finance job. Since the course is basic, it will not be useful if you are looking for very advanced level accounting standards understanding.

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Basics of financial accounting
Introduction - what are we going to learn today?
Preview
01:43
What is accounting?
Preview
02:37
Why do we need accounting?
Preview
01:41
What are the basic accounting statements - income statement?
Preview
03:32
What are the basic accounting statements - balance sheet?
Preview
03:14
How to record transactions in accounting statements?
00:50
Illustration of transaction 1
00:41
Illustration of transaction 2
01:04
Illustration of transaction 3
01:36
Illustration of transaction 4
02:22
Illustration of transaction 5
01:56
Illustration of transaction 6
02:01
Illustration of transaction 7
02:10
Illustration of transaction 8
01:53
Illustration of transaction 9
01:35
Illustration of transaction 10
01:56
Practice exercise
Article
What after accounting?
01:42
Please review our course - we need your feedback
Article
Queries - contact us
00:12

Students Who Viewed This Course Also Viewed

  • Loading
  • Loading
  • Loading

Instructor Biography

Skillfin Learning, Learn from the experts in financial modeling and analytics

Hey there, welcome to our online courses.

Skillfin Learning is a group of corporate finance and business analytics professionals who have extensive experience and world class expertise in practical financial modeling applications in real world. We have been associated with large consulting and financial services organizations and understand the content requirement from analysts/professionals who can excel in this field. Our aim is to spread the learning in financial modeling and business analysis skills to whoever is keen to learn.

Our courses are comprehensive to impart skills around financial modeling and analytics i.e. excel, financial analysis and valuation. All our courses are practical and illustrations based that gives an on the job like training to our students. 

We remain committed to help you in your professional learning experience and development. You have access to our expertise 24 x 7 on all the courses you subscribe to.

Our courses are listed below. Look forward to seeing you inside.

Ready to start learning?
Take This Course