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.
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Syllabus
Syllabus - What you will learn from this course
Week 1
Week 1 - Introduction to accounting
Week 2
Financial reports
Week 3
Management accounting
Week 4
Long-term decision making
Week 5
Short term decision making
FAQ
When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I purchase the Certificate?
When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.
Reviews
The lectures were good but the quizes were too easy , if somehow the questions can be revised i would give it 5 stars.
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.
its a great site to take on to your financial management course if you are determined to go ahead and acquire skills
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. :)