Accounting 1: Master Financial Fundamentals
Master financial accounting essentials with this comprehensive course. Learn balance sheets, income statements, and cash flow analysis for business success.
Master financial accounting essentials with this comprehensive course. Learn balance sheets, income statements, and cash flow analysis for business success.
This comprehensive course provides a strong foundation in financial accounting principles and practices. Students will master the mechanics of financial accounting, understanding the structure and interrelation of basic financial statements including balance sheet, income statement, and cash flow statement. The course covers fundamental analysis techniques to assess firm profitability, liquidity, and solvency, while familiarizing learners with key accounting rules and principles. Designed for beginners, it offers practical knowledge essential for business professionals and decision-makers.
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What you'll learn
Master the mechanics of financial accounting and double-entry bookkeeping
Understand the structure and functions of basic financial statements
Learn to analyze balance sheets for liquidity and solvency assessment
Develop skills in income statement analysis and profitability evaluation
Gain expertise in cash flow statement interpretation and cash management
Understand accrual accounting principles and their business implications
Skills you'll gain
This course includes:
73 Minutes PreRecorded video
27 assignments
Access on Mobile, Tablet, Desktop
FullTime access
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There are 7 modules in this course
This comprehensive financial accounting course provides students with a strong foundation in understanding and analyzing financial statements. The curriculum covers three main areas: balance sheet analysis, income statement comprehension, and cash flow statement interpretation. Students learn the mechanics of double-entry accounting, how to assess company performance through financial ratios, and understand the relationships between different financial statements. The course emphasizes practical applications and includes real-world examples, making it particularly valuable for those seeking to develop essential business and financial analysis skills.
Introduction
Module 1 · 53 Minutes to complete
Balance Sheet - Part 1
Module 2 · 3 Hours to complete
Balance Sheet - Part 2
Module 3 · 3 Hours to complete
Income Statement - Part 1
Module 4 · 3 Hours to complete
Income Statement - Part 2
Module 5 · 3 Hours to complete
Cash Flow Statement - Part 1
Module 6 · 3 Hours to complete
Cash Flow Statement - Part 2
Module 7 · 3 Hours to complete
Fee Structure
Payment options
Financial Aid
Instructor
Corporate Finance and Accounting Expert
Dr. Garen Markarian serves as Professor of Accounting at HEC Lausanne (University of Lausanne), where he specializes in corporate finance, governance, and accounting. Through his Coursera courses "Accounting 1" and "Accounting 2," he guides students through fundamental and advanced accounting concepts, from basic financial statements to complex corporate governance issues. His teaching methodology emphasizes practical applications while maintaining theoretical rigor, helping students understand both the technical aspects of accounting and their real-world implications. His expertise spans financial statement analysis, corporate governance, and executive compensation. His courses combine traditional accounting principles with modern business practices, preparing students for contemporary financial challenges. His teaching approach makes complex accounting concepts accessible to students while maintaining high academic standards, reflecting his commitment to excellence in accounting education.
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Frequently asked questions
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