Introduction to Financial Accounting

Online Course

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Introduction to Financial Accounting
  1. What is the course about?
  2. Prerequisites & Facts
  3. Cost, Certificate & Degree
  4. Reviews & Experiences

What is the course about?

Introduction to Financial Accounting
The course Introduction to Financial Accounting is an online class provided by University of Padova through Future Learn. It may be possible to receive a verified certification or use the course to prepare for a degree.

Refresh your knowledge of basic accounting processes and discover recent changes in International Financial Reporting Standards.

Course description
  • Develop your pre-existing accounting skills and knowledge
  • 4 weeks
  • 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. You will also address myths of accounting and separate fact from fiction.
  • 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.
  • 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.
  • The course is designed for those who have already completed an introductory course in financial accounting and need to refresh their understanding. It will suit those looking to take an intermediate or advanced financial accounting course in the future, dealing with business groups, M&A, and consolidation.
  • Junior professionals (e.g. Chartered Accountants and Certified Financial Accountants) can also familiarise with recent changes in International Financial Reporting Standards.
  • University of Padova
  • The University of Padova is one of Europe’s oldest and most prestigious seats of learning; it aims to provide its students with both professional training and a solid cultural background.
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Prerequisites & Facts

Introduction to Financial Accounting

Course Topic

Goal Setting, Happiness, Personal Development

University, College, Institution

University of Padova

Course Skill Level

see course summary

Course Language

English

Place of class

Online, self-paced (see curriculum for more information)

Degree

Certificate

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Degree & Cost

Introduction to Financial Accounting

To obtain a verified certificate from Future Learn / University of Padova you have to finish this course or the latest version of it, if there is a new edition. The class may be free of charge, but there could be some cost to receive a verified certificate or to access the learning materials. The specifics of the course may have been changed, please consult the provider to get the latest quotes and news.
University of Padova
Introduction to Financial Accounting
provided by Future Learn
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Here you can find information, reviews and user experiences for the course “Introduction to Financial Accounting“. The provider of the course – “University of Padova” – will be glad to answer any questions you may have about the class, click here to use the offical support channels. It would be great if you could share your experience of participating in the course – Your honest review will surely help others to choose the right class!
School: University of Padova
Topic: Business & Management, Finance & Accounting, Law

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