This course is offered online. Accounting is an information system that identifies, records and communicates the economic events of an organization to interested users. Financial accounting emphasizes the needs of external users, while managerial accounting (your next course) emphasizes the needs of internal users. In this class, you will learn the process to record economic events in the accounting records and develop skills to prepare, interpret and analyze the resulting financial statements. This course typically fulfills requirements for degrees or certificates that require an introductory financial accounting course.
Note: New sections of this course start every 4 to 6 weeks.
- Record, classify and summarize financial information according to Generally Accepted Accounting Principles (GAAP)
- Prepare a set of financial statements
- Understand the major financial statement components, including cash, receivables, inventory, fixed assets, liabilities and shareholders' equity
- Understand and apply time value of money concepts
- Use accounting information to perform basic financial statement analysis
How You Learn
- Instructor-led videos
- PowerPoint lectures and study guides
- Reading assignments
- Class discussions
- Practice problems
Is This Course Right for Me?
This class is for students seeking a thorough, introductory course on financial accounting. Whether you plan to pursue a career in the accounting field or simply want to learn accounting in order to further your business skills, we encourage you to enroll.