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IIMBx: Introduction to Accounting - Part 1: Basics of Financial Statements

Learn about the role accounting plays in an organization and how to prepare and analyze financial statements.
5 weeks
4–5 hours per week
Instructor-paced
Instructor-led on a course schedule
This course is archived

About this course

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Everyone does accounting of some kind, such as browsing bank statements, preparing a budget for building a house, or counting the cost of a birthday party. Individuals who want to be accountants, managers or entrepreneurs should be able work with financial reports.

This accounting course will give you an overview of business organizations and describes the role accounting plays in managing them. You’ll learn about the effect of common business transactions on financial statements, how to apply the double-entry system for processing transactions and the principles of measuring performance and the related mechanics. At the end of this course, you will know how to prepare financial statements.

At a glance

  • Language: English
  • Video Transcripts: English, हिन्दी
  • Associated skills:Mechanics, Accounting, Bank Statements, Financial Statements, Performance Measurement, Financial Analysis

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