Accounting Fundamentals Course - MOOC

This free 2-part accounting fundamentals course will guide you through the accounting process. It explore the layout of the balance sheet, income statement, and cash flow statement. We will demonstrate how to prepare financial statements from scratch. This free accounting course is an essential building block required for performing financial modeling and other types of wall street financial analysis.

By the end of this module, you will have a solid understanding of how to construct a balance sheet and income statement.

Explain the format of the income statement and balance sheet

Define various financial statement terms (e.g. accounts receivable, prepayments, etc.)

Record financial statement transactions (e.g. invoicing, raising equity, buying inventory, etc.)

Prepare a simple income statement and balance sheet.

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