Finance

Financial Accounting Fundamentals

How to use journal entries to record transactions and prepare and use t-accounts to summarize transactions recorded during an accounting period

About this Course

This course, developed at the Darden School of Business at the University of Virginia and taught by top-ranked faculty, will teach you the tools you'll need to understand the fundamentals of financial accounting. Concise videos, the financial records of a small business, and "your turn" activities guide you through the three most commonly used financial statements: the Balance Sheet, the Income Statement, and the Statement of Cash Flows. Beyond recording transactions, you'll learn how to prepare these financial statements, and read and analyze them to draw basic conclusions about a company's financial health.

Offered by

University of Virginia

A premier institution of higher education, The University of Virginia offers outstanding academics, world-class faculty, and an inspiring, supportive environment. Founded by Thomas Jefferson in 1819, the University is guided by his vision of discovery, innovation, and development of the full potential of students from all walks of life. Through these courses, global learners have an opportunity to study with renowned scholars and thought leaders.

Syllabus - What you will learn from this course

Course 1

2 hours to complete

Introduction to Financial Accounting, the Financial Statements, and the Balance Sheet
Course 2

2 hours to complete

Introduction to Recording Transactions
Course 3

2 hours to complete

The Income Statement, Revenue and Expense Transactions, and Adjusting Entries
Course 4

2 hours to complete

The Statement of Cash Flows, Financial Statement Preparation
Course 5

2 hours to complete

More Transactions, Analysis of Financial Statements, and an Annual Report
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PKR 2500.00

Learner Career Outcomes

Learners income outcome Get incremental income of Rs. 23,000 in monthly

certificate
Shareable Certificate

Earn a Certificate upon completion

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100% online courses

Start instantly and learn at your own schedule.

schedule
Flexible Schedule

Set and maintain flexible deadlines.

Level
Beginner Level

No prior experience required.

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Language

English

fee
Course fee

PKR 2500/-

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