
Introduction to the instructor and course
How Managers Use 3 Financial Numbers to Make Better Decisions
A case of developing the understanding the fundamentals of Accounting and Finance
At the end of this lecture, you will learn the following
•What is Accounting and Finance?
•How are they interrelated?
At the end of this lecture, you will learn the following
•What are Accounting Fundamentals
At the end of this lecture, you will learn the following
•What are Finance Fundamentals?
At the end of this lecture, you will learn the following
•How can understanding Accounting and Finance Fundamentals help you as a Science, Engineering or Arts student?
A case study of how understanding Accounting and Finance Fundamentals helped a Science, Engineering and Arts student
At the end of this lecture, you will learn the following
•Accounting Principles
Generally Accepted Accounting Principles (GAAP)
At the end of this lecture, you will learn the following
•Accounting Principles
International Financial Reporting Standards (IFRS)
At the end of this lecture, you will learn the following
•The Accounting Equation
Basic Formula
Implications
At the end of this lecture, you will learn the following
•Double-Entry System
Debits and Credits
At the end of this lecture, you will learn the following
•Double-Entry System
Journal Entries
At the end of this lecture, you will learn the following
Income Statement (Profit and Loss Statement)
•What is a Income Statement (Profit and Loss Statement)
At the end of this lecture, you will learn the following
Income Statement (Profit and Loss Statement)
•How to make a Income Statement (Profit and Loss Statement)
At the end of this lecture, you will learn the following
Balance Sheet
•What is a Balance Sheet?
•How to make a Balance Sheet?
At the end of this lecture, you will learn the following
Cash Flow Statement
•What is a Cash Flow Statement?
At the end of this lecture, you will learn the following
Cash Flow Statement
•How to make a Cash Flow Statement?
At the end of this lecture, you will learn the following
•Statement of Changes in Equity
At the end of this lecture, you will learn the following
Assets, Liabilities and Equity
At the end of this lecture, you will learn the following
•Revenue Recognition
•Expense Recognition
At the end of this lecture, you will learn the following
•Bookkeeping
At the end of this lecture, you will learn the following
•Reconciliation
At the end of this lecture, you will learn the following
Financial Analysis
•Ratio Analysis
At the end of this lecture, you will learn the following
Financial Analysis
•Trend Analysis
At the end of this lecture, you will learn the following
Popular Accounting Software
•QuickBooks
At the end of this lecture, you will learn the following
Popular Accounting Software
•Xero
At the end of this lecture, you will learn the following
Popular Accounting Software
•FreshBooks
At the end of this lecture, you will learn the following
Popular Accounting Software
•ERP Systems
At the end of this lecture, you will learn the following
Spreadsheets
•Excel
At the end of this lecture, you will learn the following
•SEC and FASB compliance requirements
At the end of this lecture, you will learn the following
•Sarbanes-Oxley Act corporate governance and accountability requirements
At the end of this lecture, you will learn the following
Ethical Accounting Practices
•Integrity and Objectivity: Ensuring accuracy and honesty in financial reporting
At the end of this lecture, you will learn the following
Ethical Accounting Practices
•Avoiding Fraud: Implementing internal controls to prevent and detect fraud
At the end of this lecture, you will learn the following
Management Accounting
•Cost Accounting
At the end of this lecture, you will learn the following
Management Accounting
•Budgeting and Forecasting
At the end of this lecture, you will learn the following
Tax Accounting
•Tax Compliance
At the end of this lecture, you will learn the following
Tax Accounting
•Tax Planning
At the end of this lecture, you will learn the following
Auditing
•Internal Audits
At the end of this lecture, you will learn the following
Auditing
•External Audits
At the end of this lecture, you will learn the following
Time Value of Money (TVM)
•Present Value (PV)
•Future Value (FV)
•Discount Rate
•Compounding
At the end of this lecture, you will learn the following
Risk and Return
•Risk
•Return
•Risk-Return Tradeoff
Can you confidently explain a company's financial performance, contribute to business decisions, and advance your career—even if you have never studied finance or accounting before?
If your answer is "not yet," this course is designed for you.
Finance and accounting are no longer skills reserved for accountants or finance professionals. Whether you are a manager, entrepreneur, business student, consultant, engineer, project manager, HR professional, marketer, or aspiring leader, the ability to understand financial information is one of the most valuable career advantages you can develop. Organizations increasingly expect professionals across every function to understand business performance, interpret financial information, and make commercially sound decisions.
This course has been designed specifically to help non-finance learners build that capability in a practical, structured, and confidence-building way.
Unlike courses that focus only on accounting principles or finance theory, this course integrates Financial Statements, Financial Analysis, Corporate Finance, and Real-World Applications into one comprehensive learning journey. Every topic builds logically on the previous one, allowing you to develop practical skills that you can immediately apply in your workplace or business.
You will begin by understanding the foundations of accounting and finance in simple, easy-to-follow language. You will then learn how businesses record financial transactions and how those transactions flow into the three most important financial statements—the Income Statement, Balance Sheet, and Cash Flow Statement. Rather than simply memorizing definitions, you will understand what these statements reveal about the financial health and performance of a business.
As your confidence grows, you will develop the ability to analyze financial information, evaluate profitability, liquidity, cash flow, and operational performance, and understand the financial drivers behind successful organizations. You will also explore Corporate Finance concepts including investment decisions, capital structure, working capital management, and business valuation, giving you a broader understanding of how organizations create long-term value.
Learning becomes meaningful only when knowledge can be applied. Throughout the course, you will reinforce every major concept through practical examples, business scenarios, and real-world applications that demonstrate how finance and accounting support everyday management decisions. These practical applications help bridge the gap between theory and business practice, enabling you to understand not only what financial information means, but how experienced managers use it to solve problems, evaluate opportunities, and make better decisions.
Beyond technical knowledge, you will also explore financial markets, personal finance, budgeting, risk management, financial reporting, ethical practices, and the role of accounting in modern business organizations. This broader perspective allows you to understand how finance influences decisions across the entire business rather than within the finance department alone.
By the end of this course, you will be able to read and interpret financial statements with confidence, analyze business performance using practical financial tools, understand the principles of Corporate Finance, and apply finance and accounting concepts to real business situations. More importantly, you will have developed practical business skills that enable you to communicate more effectively with finance teams, contribute more confidently during business discussions, and make informed business decisions throughout your career.
Whether your goal is to become a more effective professional, prepare for greater management responsibilities, support your business decisions with financial insight, or simply build one of the most valuable business skills employers seek today, this course will provide you with a comprehensive and practical foundation that continues to add value long after you complete your final lecture.
Your career can change when you learn to understand the financial story behind every business decision. This course will show you how.
This Course is Part of a Structured Learning Path
Learning Path: BUSINESS & MANAGEMENT FOUNDATION (MINI MBA PATH) (Starter → Builder → Advanced)
This course is your BUILDER step.
Next Recommended Courses
After completing this course, continue your growth with:
CAT Examinations Prep (Starter)
MBA / Business Fundamentals (Starter)
AI Essential for MBA Students (Builder)
Operations / SCM (Builder)
Marketing Strategy (Builder)
HRM (Builder)
Business Strategy (Advanced)
Crisis Management (Advanced)
Management Case Analysis (Advanced)
Learning Path: FINANCIAL MANAGEMENT PATH (Starter → Builder → Advanced)
This course is your STARTER step.
Next Recommended Courses
After completing this course, continue your growth with:
Personal Finance (Builder)
Fundamental Equity Analysis (Builder)
AI for Risk Management (Advanced)