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This course is part of Preparatory Certificate in Finance and Financial Markets Specialization
Instructor: CFI (Corporate Finance Institute)
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Understanding the basics of accounting is a crucial skill for almost all finance professionals as it gives us insight into profitability, operations, growth, and the underlying drivers of the business. The Accounting Fundamentals course covers the importance of the financial statements and various financial statement terms. We will record transactions and prepare an multi-year income statement, balance sheet, and cashflow statement.
Accounting Fundamentals Learning Objectives • Understand the role and importance of the financial statements. • Define various financial statement terms • Explore the format of the income statement, balance sheet, and cash flow statement. • Record financial statement transactions. • Understand how transactions move through the financial statements. • Prepare simple financial statements. This course is designed for anyone who wants to review the fundamentals and building blocks of the accounting process. It will also be useful for professionals who work in finance and want to review the concepts required for financial modeling and valuation in CFI's later courses.
Understanding the basics of accounting is a crucial skill for almost all finance professionals as it gives us insight into profitability, operations, growth, and the underlying drivers of the business. This course covers the importance of the financial statements and various financial statement terms. We will record transactions and prepare a multi-year income statement, balance sheet, and cashflow statement.
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CFI is the leading global provider of training and productivity tools for finance and banking professionals. CFI delivers the skills, certifications, CPE credits, and resources to help anyone—from beginner to seasoned pro—drive their career in finance & banking.
University of Illinois Urbana-Champaign
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Reviewed on Sep 6, 2024
Thanks a lot for this course. I review my first year in university.
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