Financial Accounting

Accounting is the process of recording, summarizing, and analyzing financial transactions to provide information that is useful for decision-making. The fundamental principles and concepts of accounting form the foundation of financial reporting.

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Created by
Tokunbo Adekanla
Categories
Professional
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9.45 (9.8k+ reviews)
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Modules

Introduction to Accounting Principles and Concepts

Overview: Accounting is the process of recording, summarizing, and analyzing financial transactions to provide information that is useful for decision-making. The fundamental principles and concepts of accounting form the foundation of financial reporting.

Understanding the Accounting Equation

Overview: The accounting equation is the foundation of double-entry bookkeeping. It ensures that the financial position of a company is accurately reflected.

Financial Statement Preparation and Analysis

Overview: Financial statements provide a summary of a company's financial performance and position.

Generally Accepted Accounting Principles (GAAP)

Overview: GAAP is a set of accounting standards used primarily in the United States to ensure consistency and reliability in financial reporting.

Course Description

Accounting is the process of recording, summarizing, and analyzing financial transactions to provide information that is useful for decision-making. The fundamental principles and concepts of accounting form the foundation of financial reporting.

What you'll learn

    Introduction to Accounting Principles and Concepts

    Overview: Accounting is the process of recording, summarizing, and analyzing financial transactions to provide information that is useful for decision-making. The fundamental principles and concepts of accounting form the foundation of financial reporting.

  • Key Concepts
  • Understanding the Accounting Equation

    Overview: The accounting equation is the foundation of double-entry bookkeeping. It ensures that the financial position of a company is accurately reflected.

  • The Equation
  • Financial Statement Preparation and Analysis

    Overview: Financial statements provide a summary of a company's financial performance and position.

  • Key Financial Statements
  • Components of Income Statement
  • Components of Balance Sheet
  • Components of Cash Flow Statement
  • Financial Analysis
  • Generally Accepted Accounting Principles (GAAP)

    Overview: GAAP is a set of accounting standards used primarily in the United States to ensure consistency and reliability in financial reporting.

  • Core Principles
  • Principle of Regularity
  • Principle of Prudence
  • Principle of Periodicity
  • Project
$10.00
₦17500.00

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