Financial Accounting

COURSE DESCRIPTION

This course provides an introduction to the objectives, principles, assumptions and concepts of financial accounting. It focuses on procedures and practices from the accounting cycle through financial statement presentation with an emphasis on recognizing, valuing, reporting, and disclosing assets, liabilities, and equity. This course presumes no previous accounting knowledge.

The main goals of the course is to help our students demonstrate an understanding of corporate governance, generally accepted accounting principles and the accounting cycle. In addition, it give the students the ability to analyze , record, and report business transactions using the accounting equation and the general journal/general ledger system, to use general ledger account information to prepare trial balances and the various financial statements, as well as to examine and explain how transactions relating to the recognition, valuation, and disposal of assets, liabilities, and stockholders’ equity affect the various financial statements; and finally to prepare financial statement analysis to evaluate the financial performance of a company.

The course can take a more developed way and evolve in the details of accounting formulas and principles in Accounting II and Accounting III courses.

Duration: 4-5 weeks for each level

Session Time: 1hr 30 mins

Interval: Twice per week

Online platform used: Microsoft Teams

Prices may vary depending on the course and schedule chosen.