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Financial Accounting Fundamentals

University of Virginia via Coursera

3 Reviews 3991 students interested
  • Provider Coursera
  • Subject Accounting
  • Cost Free Online Course (Audit)
  • Session In progress
  • Language English
  • Certificate Paid Certificate Available
  • Start Date
  • Duration 5 weeks long
  • Learn more about MOOCs

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Overview

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This course will teach you the tools you'll need to understand the fundamentals of financial accounting. Concise videos, the financial records of a small business, and "your turn" activities guide you through the three most commonly used financial statements: the Balance Sheet, the Income Statement, and the Statement of Cash Flows. Beyond recording transactions, you'll learn how to prepare these financial statements, and read and analyze them to draw basic conclusions about a company's financial health.

By the end of this course, you will be able to:
- Use journal entries to record transactions
- Prepare and use t-accounts to summarize transactions recorded during an accounting period
- Describe the three most commonly used financial statements and how they fit together
- Prepare these financial statements based on transactions recorded during an accounting period
- Draw basic conclusions about a company's financial health

Taught by

Luann J. Lynch

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Reviews for Coursera's Financial Accounting Fundamentals
5.0 Based on 3 reviews

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  • 1
Jose L
5.0 2 years ago
by Jose completed this course, spending 3 hours a week on it and found the course difficulty to be medium.
Course begins at a light pace , test are easy at the start. However, they become extremely difficult towards the end.
Was this review helpful to you? Yes
Constance T
5.0 2 years ago
by Constance completed this course, spending 3 hours a week on it and found the course difficulty to be hard.
Clear language, instruction, assignments and humor make this a spectacular beginner's

'Accounting Fundamentals'. I mean to finish it when my must-do jobs diminish. I am slow

at the debit-credit requirements after about lesson 4. But the wonderful thing is I was allowed to repeat lessons. Much good to be had, here.
Was this review helpful to you? Yes
Anonymous
5.0 a year ago
Anonymous completed this course.
I never thought accounting could be quite so interesting, but the instructor explains things so clearly that I can now read my business reports with ease.
Was this review helpful to you? Yes
  • 1

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