Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

LinkedIn Learning

Financial Accounting Foundations

via LinkedIn Learning

Overview

Prepare for a new career with $100 off Coursera Plus
Gear up for jobs in high-demand fields: data analytics, digital marketing, and more.
Learn the basics of financial accounting. Discover how to prepare, read, and analyze financial statements.

Syllabus

Introduction
  • Why financial accounting?
1. Accounting Basics
  • Accounting vs. bookkeeping
  • The accounting equation
2. The Financial Statement
  • The financial statement
  • The balance sheet
  • The income statement
  • The statement of cash flows
3. The Mechanics of Accounting
  • How financial statements are made
  • Debits and credits
  • Journal entries
  • Making the financial statements
4. Current Issues in Financial Accounting
  • Current financial accounting issues
  • Revenue recognition
  • Long-term assets including impairment
  • Working with leases
  • Earnings per share
  • Investment securities and derivatives
  • Deferring taxes
  • Inventory and COGS
5. Financial Statement Analysis
  • Using financial statements
  • Common size statements
  • DuPont framework
  • Debt ratio
  • Operating ratio
  • Price-earnings (P/E) ratio
Conclusion
  • How you can use financial statements

Taught by

Jim Stice and Kay Stice

Reviews

5.0 rating, based on 1 Class Central review

4.8 rating at LinkedIn Learning based on 4492 ratings

Start your review of Financial Accounting Foundations

  • Anonymous
    It was amazing cource for overview financial background... nicely explained all details where I just want answers of last exam plz

Never Stop Learning.

Get personalized course recommendations, track subjects and courses with reminders, and more.

Someone learning on their laptop while sitting on the floor.