So, do not be late to start your journey today! The success of any business mainly lies with the company’s ability to provide the updated information as and when required by the stakeholders. Apply these skills to a real-world business challenge as part of the Wharton Business Foundations Specialization. You will learn about coding financial transactions in the language of financial accounting and also the most important concept known as accrual accounting. This is an excellent program to know every bit of cash control and monitoring process. Definitely, it will become an excellent career development guide. We hope, all these will be a massive guide to enrol for free online courses with a printable certificate. Level: This course is meant for Beginners who are interested in learning the fundamentals of financial accounting. Level: This course is meant for those who are graduated recently and at the verge of beginning their career. Duration: 4 Weeks of study @ 5- 6 hours per week, Basic information: Course 2 of 6 in the Business Foundations Specialization, Subtitle: Japanese and Chinese ( simplified). The syllabus is covered over a period of 4 weeks under 4 modules @ one module per week, as per the details furnished hereunder. This free course “Introduction to Financial Accounting – ” is offered by the University of Pennsylvania through Coursera. Thus, as the business owner, you also can follow the content to improve the profit. Module 4: Cash Flows Statement. Alison. Will This 5 Online Library for Kids Make Intelligent Future? Yes! Week 5: Shareholders Equity Week 2: Recording Transactions and Financial Statement preparation The course is covered over a period of 4 weeks and the topics taken up during each week are furnished hereunder. Week 4: Capital Budgeting. The content of this course is in continuation of the previous course “Introduction to Financial Accounting”. Level: This course is designed for intermediate people. Week 2: Accrual Accounting and the Income Statement You will also learn how accounting standards and managerial incentives make an impact on reporting process pertaining to financial matters. And, it describes how you should maintain purchase records and sale histories. Finally, you will learn how to distinguish and discuss the aspects such as Earnings, Cash from Operations, Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA), Free Cash Flow etc. You will be provided with an overview of financial reporting and introduced to the Balance Sheet Equation, Define Assets, Liabilities and Stockholders’ Equity, Debit- Credit bookkeeping, a case of startup company etc. More importantly, executives who are assigned jobs in all key areas such as finance, production, administration, stores, projects etc are expected to become more and more familiar with the technical terms used in Financial Accounting and to fully understand its significance at the entry level itself. Even it is perfect to gain facts for practical examination on how to manage ledger and bookkeeping projects. More than a hundred thousand students have become eligible to attain credit reports through the program. No one is supposed to do business without the knowledge of Financial Accounting, which otherwise is something that can be analogized to a person walking blindfolded and can possibly lead to yielding undesirable results. This is more suitable for managers, entrepreneurs etc who do not have knowledge and understanding about basic accounting concepts on the job. Financial Accounting is also so important in business, as it is the most reliable yardstick to be used to measure and evaluate the performance of the firm and to take corrective measures from time to time in case of deviations and discrepancies.