Certificate of Achievement
has completed the following course:
Introduction to Financial Accounting
On this course, you will discover how the decisions and operations of an organisation are translated into numbers. You will cover fundamental financial accounting concepts to help you develop in your accounting career or prepare yourself for more advanced study. This course features a range of conceptual and practical activities. You will understand the different purposes of accounting information, the role of accruals, and learn how to read financial statements.
4 weeks, 5 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;
- Assess the financial structure of the company and its implications in terms of profitability;
- Appreciate the difference between book value of equity and market value of equity;
- Apply proficiently the double-entry bookkeeping system to record/verify transactions and accounting;
- 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: users of accounting information and its different purposes;
- The role of accounting equation in ensuring recording integrity and keeping track of the 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 as a fact: the role of valuation, assumptions and forecasts;
- Reading and interpreting financial statements with a ‘sceptical’ eye.
Issued on 9th November 2019
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.