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Foundations of Financial Accounting
Curriculum
1 Section
32 Lessons
30 hours
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Unit 1 — Foundations of Financial Accounting
32
1.1
Checking Your Preconceptions about Accounting
20 mins
1.2
Setting the Stage for Financial Statements
20 mins
1.3
Separating the Duties of Bookkeepers and Accountants
20 mins
1.4
Noting a Few Foundational Accounting Concepts Related to Technology
20 mins
1.5
Being Aware of the Legal Roots of Business Entities
20 mins
1.6
Presenting Typical Income Statements
20 mins
1.7
Expanding the Accounting Equation
20 mins
1.8
Meeting the Statement of Cash Flows
20 mins
1.9
Reporting Changes in Owners’ Equity
20 mins
1.10
Quickly Reviewing the Theory of Financial Reporting
20 mins
1.11
Knowing the Rules of the Game
20 mins
1.12
Understanding the Importance of Using Ratios to Digest Financial Statements
20 mins
1.13
Building on the Foundation of the External Financial Statements
20 mins
1.14
Knowing What Financial Engineering Is Not
20 mins
1.15
Helping Managers: The Fourth Pillar of Accounting
20 mins
1.16
Looking Down the Road to the Destination of Costs
20 mins
1.17
Focusing on Key Forecasting Concepts
20 mins
1.18
Identifying the Elements of a Business Plan
20 mins
1.19
Reach Breakeven and Then Rake in Profit
20 mins
1.20
Get in the Right Frame of Mind
20 mins
1.21
Providing Vital Financial Information
20 mins
1.22
The Income Statement
20 mins
1.23
Pedaling through the Bookkeeping Cycle
20 mins
1.24
Using Accounting Software in the Cloud and on the Ground
20 mins
1.25
Going It Alone: Sole Proprietorships
20 mins
1.26
Taking Care of Housekeeping Details
20 mins
1.27
Presenting a Proper Balance Sheet
20 mins
1.28
Explaining the Variance between Cash Flow and Net Income
20 mins
1.29
Recognizing Reasons for Accounting Differences
20 mins
1.30
Recognizing Top Management’s Role
20 mins
1.31
Making Investment Choices
20 mins
1.32
Improving Your Knowledge of Financial Language and Lingo
20 mins
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