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Politecnico di Milano

Fundamentals of financial and management accounting

This is an introductory course on financial and management accounting. The first part of this course will introduce the basic accounting principles and accounting terminology to understand how a company keeps control of financial events and provides information on how it is performing. These basic concepts will support the analysis of financial reports companies prepare. We will go through balance sheet, income statement, financial statement, learning how to read and analyze them. The course will also provide the basis of management accounting introducing some techniques (e.g. break- even analysis or NPV) to support managers in making short-term and long-term decisions, such as "Is it convenient to dispose a production machine and buy a new one?" or "How many products should the company sell in order to break-even?" The course will bring examples and case studies that will help students better understand the practical applications of the basic accounting principles and techniques. At the end of the course, students will be able to read, understand and analyze financial documents and to apply simple techniques to analyse costs and evaluate capital investment decisions.

Status: Financial Accounting
Status: Financial Statement Analysis
BeginnerCourse12 hours

Featured reviews

KU

5.0Reviewed Feb 1, 2021

I learnt a lot from this course. Well planned and explained material. I loved the accent of the instructor.

AH

4.0Reviewed Sep 23, 2020

its very nice and informative its good for university students or anyone who wants a course on accounts

AM

4.0Reviewed Aug 16, 2022

The lectures were good but the quizes were too easy , if somehow the questions can be revised i would give it 5 stars.

GA

5.0Reviewed Feb 10, 2021

Great experience! Concepts were explained in simple terms. Exercises and tests allows one to put the concepts in to practical situations

GS

5.0Reviewed Mar 3, 2021

The whole course goes straight to the point of understanding how a company works and the lessons can be related to your context if you want to run your own business.

LO

5.0Reviewed Sep 13, 2022

i​ts a great site to take on to your financial management course if you are determined to go ahead and acquire skills

JJ

5.0Reviewed Oct 27, 2020

This course was very much useful for my career and I came to know much about cost and financial accounting.The videos and the explanation were clearly explained .Thankyou mam.

GM

5.0Reviewed Oct 3, 2022

A​lthough I have zero backround in accounting I found this course quite in-depth and enjoyable. Deborah does a great job explaining everything both verbally and visually.

MB

5.0Reviewed Feb 17, 2021

Excellent lectures and well prepared videos. Glad I could keep watching over and over to understand the same concept

MD

5.0Reviewed Jan 29, 2021

Thank you for giving such a detailed explanation every discussion and providing also a free certificate in the course. Kudos to the team. More power & God bless. :)

AP

5.0Reviewed Jan 5, 2022

Thank you so much for the opportunity to improve my skills. I found the course to be very well presented and I really am motivated to do as many courses as I possibly can!Thank you once again x

RP

5.0Reviewed Aug 6, 2025

Was really very great and very detailed with lots of excercise and test assignments for great learning and understanding

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