Course description
Financial Accounting
Accounting is the language of business. It is difficult to understand business without knowing some accounting. Knowing accounting will help learners better understand and contribute to their own companies and better understand business around them. This course also helps students use the financial statements to gather inputs to valuation models and for corporate finance decisions.
Financial Accounting is part of the MicroMasters® Program in Finance. It provides a rigorous introduction to the principles of financial accounting. We focus on the preparation and analysis of financial statements, and on why financial statements take the form they do. We cover the basic structure of financial reports and the process of recording transactions. We will also learn how investors, creditors, and other users analyze financial statements to assess corporate performance. The course focuses on using the financial statements to gather inputs to valuation models and for corporate finance decisions.
This course offers general managers, financial analysts, financial advisors, quantitative researchers, asset managers, risk managers, quantitative developers working in financial services, professionals servicing the financial industry the tools to succeed. Undergraduate and graduate students looking to enter business in general or finance in particular would also benefit greatly from this valuable
Who should attend?
Prerequisites
- Probability and Statistics (undergraduate)
- Calculus (undergraduate)
- Linear algebra (undergraduate)
Training content
Introduction; Assets
- Week 1: Accrual Accounting,
- Week 2: Revenue Recognition; Receivables
- Week 3: Inventory; Property, Plant, and Equipment
- Week 4: Intangible Assets; Income vs. Cash Flows
- Module 5: Acquisitions; Finance Investments
Financial Statement Analysis (FSA)
Week 6.1: Introductory FSA
Liabilities and Stockholders' Equity
- Week 6.2: Income Taxes
- Week 7: Long-Term Debt; Leases
- Week 8: Stockholders’ Equity and Earnings per Share
- Week 9: Accounting for Banks
Review; Accounting for Valuation
Week 10: Tesla case
Course delivery details
This course is offered through Massachusetts Institute of Technology, a partner institute of EdX.
10-14 hours per week
Costs
- Verified Track -$440
- Audit Track - Free
Certification / Credits
What you'll learn
- Understand accounting terms
- Understand how financial statements are constructed
- Ability to read financial statements
- Gather inputs to valuation models and for corporate finance decisions
Contact this provider
edX
edX For Business helps leading companies upskill their labor forces by making the world’s greatest educational resources available to learners across a wide variety of in-demand fields. edX For Business delivers high-quality corporate eLearning to train and engage your employees...