Basic Financial Accounting Principles

In this course, “Basic Financial Accounting Principles,” you will gain a solid understanding of the fundamental concepts and practices of financial accounting. Starting with an overview of accounting principles, you will learn how to analyze and record financial transactions accurately. Topics covered include the preparation of financial statements such as the balance sheet, income statement, and cash flow statement. You will also delve into the principles of accrual accounting and understand how to apply them in real-world scenarios. Additionally, you will explore the importance of financial analysis and interpretation to make informed business decisions. By the end of this course, you will have developed the skills necessary to navigate financial statements confidently and comprehend the basic principles underlying financial accounting practices.