Certificate of Achievement
has completed the following course:
Introduction to Financial Accounting
On this course, learners discovered how the decisions and operations of an organisation are translated into numbers. They also covered fundamental financial accounting concepts to prepare for advanced study or a career in accounting. This course featured a range of conceptual and practical activities. It included the different purposes of accounting information, the role of accruals, and how to read financial statements.
4 weeks, 4 hours per week
Amedeo Pugliese
Professor of Financial Accounting
University of Padova
Transcript
Learning outcomes
- Interpret companies’ transactions (e.g. financing, sale, acquisition of goods/services) through accounting numbers
- Appreciate the difference between book value of equity and market value of equity
- Assess the financial structure of a company and its implications on profitability
- Apply the double-entry bookkeeping system to record/verify transactions
- Discern between cash-based accounting and accrual-based income
Syllabus
- The accounting cycle: translating companies’ operations and decisions into numbers.
- Understanding accounting as the language of business.
- Use of accounting information and its different purposes.
- The role of accounting equations in ensuring recording integrity and keeping track of transactions.
- The role of accruals in making sense of financial accounting information.
- The package of financial statements: balance sheet, income statement and cash flow statement.
- Debunking myths about accounting: the role of valuation, assumptions and forecasts.
- Reading and interpreting financial statements with a ‘sceptical’ eye.
Issued on 9th October 2023
The person named on this certificate has completed the activities in the transcript above. For more information about Certificates of Achievement and the effort required to become eligible, visit futurelearn.com/proof-of-learning/certificate-of-achievement.
This certificate represents proof of learning. It is not a formal qualification, degree, or part of a degree.