Skip to main content

Financial Accounting

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

Financial Accounting

There is one session available:

25,168 already enrolled! After a course session ends, it will be archived.
Starts Jul 26
Ends Oct 18
Estimated 7 weeks
8–10 hours per week
Self-paced
Progress at your own speed
Free
Optional upgrade available

About this course

Skip About this course

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.

At a glance

  • Language: English
  • Video Transcript: English
  • Associated programs:

What you'll learn

Skip What you'll 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

About the instructors

Who can take this course?

Unfortunately, learners residing in one or more of the following countries or regions will not be able to register for this course: Iran, Cuba and the Crimea region of Ukraine. While edX has sought licenses from the U.S. Office of Foreign Assets Control (OFAC) to offer our courses to learners in these countries and regions, the licenses we have received are not broad enough to allow us to offer this course in all locations. edX truly regrets that U.S. sanctions prevent us from offering all of our courses to everyone, no matter where they live.

Interested in this course for your business or team?

Train your employees in the most in-demand topics, with edX for Business.