Financial Accounting & Analysis
Learn how to read, interpret, and leverage financial statements to make informed business decisions over 4 weeks.
What You'll Learn
Fundamental accounting principles and double-entry bookkeeping
Preparation of the Balance Sheet and Income Statement
Cash flow tracking and statement preparation
Financial ratio analysis for profitability and liquidity
Budgeting and forecasting techniques
Inventory management (FIFO/LIFO/Weighted Average)
Depreciation and amortization methods
Detecting financial trends and anomalies
Course Curriculum
4-week hands-on program dedicated fully to Financial Accounting.
Week 1: Fundamentals of Accounting
10 lessons- Introduction to Accounting Standards (GAAP/IFRS)
- The Accounting Equation
- Double-Entry Bookkeeping
- Journal Entries and the General Ledger
- Trial Balance preparation
Week 2: The Core Financial Statements
12 lessons- Anatomy of the Income Statement
- Constructing the Balance Sheet
- The Statement of Retained Earnings
- Accrual vs. Cash Basis Accounting
- Adjusting Entries
Week 3: Cash Flow & Asset Management
10 lessons- Statement of Cash Flows (Operating, Investing, Financing)
- Inventory Valuation Methods
- Depreciation and fixed asset accounting
- Accounts Receivable and bad debt
- Current and long-term liabilities
Week 4: Financial Analysis & Interpretation
10 lessons- Liquidity and Solvency Ratios
- Profitability Margins (Gross, Operating, Net)
- Return on Equity (ROE) & Return on Assets (ROA)
- Trend analysis and common-size statements
- Forecasting techniques
Projects You'll Complete
01
The Accounting Cycle Simulation
Take a series of monthly transactions for a fictional startup and walk them entirely through the accounting cycle to trial balance.
Journals
Ledger
T-Accounts
02
Company Annual Report Breakdown
Analyze a real-world publicly traded company's 10-K to assess their financial health based on income statements and balance sheets.
10-K Analysis
Ratio Calc
Commerce
Financial Accounting & Analysis
Master bookkeeping, financial statements, and ratio analysis.