Introduction to Financial Accounting


Master the skills necessary to understand whether a company is financially sound or if its foundations are shaky. Students examine statements of cash flow, profit/loss statements, and ratio analysis on this course.

Created By

Kimberley C

Beginner
Accounting

8 HOURS

8 LESSONS

Introduction to Financial Accounting

professional-learning

Course Overview



A programme designed to help students understand the key concepts of financial accounting and learn about the different ways of looking at profit and loss and balance sheets to identify whether a company is financially sound. Financial accounting records information, which is then produced as public statements in order to allow stakeholders to assess the value of a company. This course provides a deeper insight into how we can determine if a company is performing well. Students will look at statements of cash flow, profit/loss statements, and even ratio analysis. By the end of this course, students will have a thorough understanding of the basics of financial accounting.

Course Content



8 LESSONS

8 HOURS Total Length

Lesson 1

Introduction to Financial Accounting

60 minutes

Lesson 2

Trial Balance and How That Is Converted to Financial Statements

60 minutes

Lesson 3

Balance Sheet Statement

60 minutes

Lesson 4

Profit and Loss Statements

60 minutes

Lesson 5

Statement of Cash Flow

60 minutes

Lesson 6

Non-Current Assets & Depreciation

60 minutes

Lesson 7

Ratio Analysis I

60 minutes

Lesson 8

Ratio Analysis II

60 minutes

Key Skills


Numerical Proficiency

Business Acumen

Critical Thinking

Commercial Awareness

Educator


Kimberley C

Science, Maths and Economics Educator

Alongside working towards her corporate finance exams, Kimberley teaches students in biology, physics, maths and economics to help them work toward their GCSEs and IB exams.