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Financial Accounting

Provided by The University of Maryland, College Park (UMD), University System of Maryland (USMx)
Advanced
Free

$214 USD for graded exams and assignments, plus a certificate

Financial accounting is the language of business. Learn to effectively intepret financial information to make sound decisions and confidently communicate to other leaders in your firm and with potential investors, shareholders, and creditors.

Start Date:

Before you start

  • No prerequisites.

What you will learn

  • The impact of financial transactions on financial statements
  • How to read and prepare balance sheets, income and cash flow statements
  • How to use financial statements to understand the profitability and financial health of your organization
  • How to choose between equity and debt to finance the growth of your firm

Overview

Financial accounting is called the “language of business,” and for good reasons. An examination of a firm’s financial statements - which reflect the company’s performance - reveals a wealth of information about its history, current financial health, and future potential. This is why business leaders use accounting to communicate their organization’s financial information to potential investors, shareholders, lenders, and regulators. Financial accounting allows an organization’s leaders to make sound business decisions and helps investors better understand company value.


In this course, you will learn how to interpret and communicate financial statements so that you can speak confidently on indicators such as assets, liabilities, shareholders’ equity, and goodwill. This course will teach you how to interpret the three financial statements core to any business--the income statement, balance sheet, and statement of cash flows--and analyze how they reflect business decisions. By the end of this course, you will know how to use financial accounting as a strategic tool to understand and grow your business--and understand and outmaneuver your competitors.

Who can take this course?

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