Introduction to Accounting - Part 1: Basics of Financial Statements
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Brief Introduction
Learn about the role accounting plays in an organization and how to prepare and analyze financial statements.Description
Everyone does accounting of some kind, such as browsing bank statements, preparing a budget for building a house, or counting the cost of a birthday party. Individuals who want to be accountants, managers or entrepreneurs should be able work with financial reports.
This accounting course will give you an overview of business organizations and describes the role accounting plays in managing them. You’ll learn about the effect of common business transactions on financial statements, how to apply the double-entry system for processing transactions and the principles of measuring performance and the related mechanics. At the end of this course, you will know how to prepare financial statements.
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The first part of the course provides a brief introduction to financial statements and various common filings of firms. etc. Basics of Financial Statements...
