Syllabus Financial Accounting
Syllabus Financial Accounting
Syllabus Financial Accounting
This course will teach you the fundamentals of financial accounting from the ground up. You will learn how to prepare a
balance sheet, income statement, and cash flow statement, analyze financial statements, and calculate and interpret critical
ratios. You will also learn the role of managerial judgment in choosing accounting estimates and methods. The course con-
cludes with an introduction to forecasting and valuation.
Quiz
• Accounting Principles and Rules
Equation • Formal Definitions of Accounting
Terms
Module 2
Quiz
• Advanced Journal Entries
Transactions entries
• The Trial Balance
Module 3
• The Balance Sheet • Construct the balance sheet and income statement to
Financial
Quiz
• The Income Statement learn their purpose and format
Statements
Quiz
Journal Entries • Inventory • Recognize the impact of judgment and bias on financial
statements and accounting practices
• Deferred Taxes
• Operating: Direct Method • Use the statement of cash flows to evaluate the
Module 5
Analyzing • Efficiency
Quiz
Financial • Leverage
Statements • Other Ratios
• Impact of Policy Differences
• Pro-Forma Financial Statements • Prepare and evaluate financial forecasts used to make
strategic decisions
Module 7
• Valuation
and Valuation • Determining Relevant Cash Flows • Learn how to value a venture, project, or investment
opportunity and perform a sensitivity analysis of key
assumptions