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Financial Accounting

Financial Accounting involves recording, summarizing, and reporting a company's financial transactions to provide an accurate picture of its financial position and performance.

4.0 (1 Reviews) 1 Students Beginner Last Updated Aug 2024

Created by YouTube

What you'll learn

  • Accounting Principles: Fundamental concepts and principles like double-entry bookkeeping, accrual accounting, and the matching principle.
  • Financial Statements: How to prepare and interpret key financial statements, including the balance sheet, income statement, and cash flow statement.
  • Transaction Recording: Methods for accurately recording and classifying financial transactions in journals and ledgers.
  • Adjustments and Closing Procedures: Techniques for making necessary adjustments and closing the books at the end of an accounting period.
  • Compliance and Reporting: Understanding regulatory requirements and how to ensure financial reports comply with accounting standards (such as GAAP or IFRS).
  • Analysis and Interpretation: Skills for analyzing financial statements to assess an organization’s financial health and performance.

Course Curriculum

1 sections · 1 Lectures

Financial Accounting 10:01:50

Instructors

YouTube
YouTube
46 Courses 1,271 Students 4.71 (96 Reviews)

Student feedback

4.0

1 Reviews

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Verified student 1 year ago
thank you