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Introduction to Accounting

Introduction to Accounting

Introduction to Accounting
Last updated 1/2025
English

What you'll learn

  • Basic concepts of accounting
  • Ratio Analysis
  • Introduction to Financial Statements
  • Examines how management decisions impact financial reporting

Course content

1 section • 7 lectures • 3h 16m total length
  • Introduction11:24
  • Basic Concepts36:05
  • Detailed Financial Statements55:16
  • Worked Examples21:40
  • Ratio Analysis41:51
  • Management Choices29:00
  • Conclusion1:19

Requirements

  • None.

Description

This course provides students with the foundational principles of accounting, making it an ideal starting point for those preparing for exams such as the CFA® (Chartered Financial Analyst®), IMC (Investment Management Certificate), or any university course requiring a basic understanding of accounting.

The course is specifically tailored for individuals who wish to refresh or enhance their accounting knowledge, making it ideal for beginners and those seeking a concise overview. Structured into seven comprehensive sections, the curriculum ensures a well-rounded understanding of key concepts and practical applications

Introduction – An overview of the course and its objectives.

  1. Basic Concepts – Covers the core principles and terminologies essential to accounting.

  2. Detailed Financial Statements – Insights into the composition and purpose of financial statements, including balance sheets, income statements, and cash flow statements.

  3. Worked Examples – Provides practical examples to reinforce understanding and application of accounting concepts.

  4. Ratio Analysis – Focuses on analysing financial statements through key ratios to evaluate performance and financial health.

  5. Management Choices – Examines how management decisions impact financial reporting.

  6. Conclusion – Summarises key takeaways and provides guidance for further learning.

By the end of this course, you will have a clear understanding of basic accounting principles and their application, enabling you to approach exams or academic requirements with confidence.

Who this course is for:

  • Those preparing for exams such as the CFA® (Chartered Financial Analyst®) or IMC (Investment Management Certificate) exams.
  • Students considering a career in finance or accounting seeking to understand financial statements and manage their business finances effectively.
  • Professionals in non-financial roles who need to interpret and work with financial data.
  • Individuals preparing for advanced accounting studies who need a foundational understanding of key concepts.
  • Anyone interested in personal finance management who wants to grasp concepts like budgeting, expenses, and income tracking.
  • Career changers exploring the accounting or financial industry as a potential new path.
  • Aspiring accountants or bookkeepers looking to build foundational knowledge before pursuing certifications or advanced qualifications.