Fundamentals of Accounting
About this course
Accounting is the “language of business.” Being able to understand this language allows individuals both inside and outside of an organization to join the “conversation” about how the organization is performing and how it can improve future performance. Financial accounting focuses on the reports that managers generate to provide interested external parties a summary of the firm’s financial position and operations. Managerial accounting focuses on the information and the analytical tools and techniques that help managers and employees make the right business decisions.
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What you'll learn
- Understand financial accounting principles
- Familiarize with managerial accounting techniques
- Analyze financial reports for business performance
- Apply accounting concepts to decision-making
Course objectives
- Introduce the fundamentals of financial accounting
- Explain the role of managerial accounting in business
- Demonstrate how accounting information can aid in decision-making
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