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November 6, 2024
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This course is part of Business Finance and Data Analysis Fundamentals Specialization
Instructor: Brian Rountree
6,452 already enrolled
Included with
(21 reviews)
Recommended experience
Beginner level
This course is intended for learners of any background, but a basic understanding of business math may be helpful
(21 reviews)
Recommended experience
Beginner level
This course is intended for learners of any background, but a basic understanding of business math may be helpful
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Financial statements are a key source of information about the economic activities of a firm. This course is a primer on the construction and basic interpretation of financial statements that should provide learners with a rudimentary understanding of the types of information included in the four primary financial statements: balance sheet, income statement, cash flow statement, and statement of stockholders equity. We will spend time recording transactions using accounting terminology and then building financial statements from those transactions to provide you with an understanding of how and why transactions influence the various financial statements. We will focus on the language of accounting including such terms as the accounting equation, debits and credits, T-accounts, journal entries, accruals versus cash flows, and more.
By the end of the course learners will be able to understand the basic differences and similarities of the four financial statements, and will have developed a solid foundation to build upon in an introductory financial accounting course at the MBA level. It is ideally suited for those learners that have never taken a financial accounting course before, as well as for those students who would like to refresh their understanding of basic financial accounting concepts.
Hi and welcome to the course! In this segment, you'll be introduced to what this course is all about, what we'll cover, some policies, what you can expect, and a little bit about myself.
3 videos4 readings1 discussion prompt
In this section I'll give you a bit of an introduction into accounting as a practice, we'll look into the accounting cycle, the accounting equation, balance sheet, and income statement transactions analysis.
7 videos5 readings5 assignments1 discussion prompt
Are you in love with accounting yet? Well maybe discussing double entry accounting, debits and credits, journal entries, and T-accounts will sell you.
7 videos4 readings6 assignments1 discussion prompt
This week we'll be discussing cash-money! More specifically, we'll be looking at cash flow statements and accruals versus cash flows.
9 videos3 readings8 assignments1 discussion prompt
You've made it to the final segment! To wrap things up, we'll be discussing statement of stockholders' equity and we'll also be interpreting financial statement information.
8 videos5 readings7 assignments1 discussion prompt
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Rice University is consistently ranked among the top 20 universities in the U.S. and the top 100 in the world. Rice has highly respected schools of Architecture, Business, Continuing Studies, Engineering, Humanities, Music, Natural Sciences and Social Sciences and is home to the Baker Institute for Public Policy.
Corporate Finance Institute
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University of California, Irvine
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University of California, Irvine
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University of Virginia
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21 reviews
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Reviewed on Aug 17, 2024
This course breaks down accounting terminologies and calculations into easy-to-understand bits.
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