This course, developed at the Darden School of Business at the University of Virginia and taught by top-ranked faculty, will teach you the tools you'll need to understand the fundamentals of financial accounting. Concise videos, the financial records of a small business, and "your turn" activities guide you through the three most commonly used financial statements: the Balance Sheet, the Income Statement, and the Statement of Cash Flows. Beyond recording transactions, you'll learn how to prepare these financial statements, and read and analyze them to draw basic conclusions about a company's financial health.
This course is part of the Entrepreneurship: Growing Your Business Specialization
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About this Course
No prior experience needed to participate in and benefit from this course.
Could your company benefit from training employees on in-demand skills?
Try Coursera for BusinessWhat you will learn
How to use journal entries to record transactions and prepare and use t-accounts to summarize transactions recorded during an accounting period
The three most commonly used financial statements and how they fit together
How to prepare these financial statements based on transactions recorded during an accounting period
How to draw basic conclusions about a company's financial health
Skills you will gain
- Financial Accounting
- Accounting
- Financial Statement
- Balance Sheet
No prior experience needed to participate in and benefit from this course.
Could your company benefit from training employees on in-demand skills?
Try Coursera for BusinessOffered by
Syllabus - What you will learn from this course
Introduction to Financial Accounting, the Financial Statements, and the Balance Sheet
Introduction to Recording Transactions
The Income Statement, Revenue and Expense Transactions, and Adjusting Entries
The Statement of Cash Flows, Financial Statement Preparation
Reviews
- 5 stars85.49%
- 4 stars12.73%
- 3 stars1.07%
- 2 stars0.38%
- 1 star0.30%
TOP REVIEWS FROM FINANCIAL ACCOUNTING FUNDAMENTALS
Really enjoyed the course - was really dreading learning about accounting but the instructor was able to break it down and make it both fun and interesting for me to learn!
I loved this course, looked forward to working on it every day. The instructor was perfect :)
Weeks 4 and 5 were especially challenging so I will be going back to review those (at least).
Some transactions need more clarifications. Such as cash flow statement transaction was a little bit complicated to understand. But generally, this course is pretty good for beginners
One of the Best course on Financial Accounting. Gives end to end hands on experience of entire Accounting Cycle. Quizzes are really engaging and require hands on working in many cases.
About the Entrepreneurship: Growing Your Business Specialization

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