This course provides a comprehensive overview of financial accounting, including basic principles, the accounting cycle, and the preparation of financial statements. Participants will learn how to accurately record financial transactions and understand the importance of maintaining reliable financial records.
Participants will start by learning the accounting equation, which forms the foundation of all accounting activities. As the course progresses, they will be introduced to the process of journalizing transactions, posting to ledgers, and creating trial balances. The course also covers essential financial statements such as the income statement, balance sheet, and cash flow statement. Additionally, students will gain insights into the ethical considerations in financial accounting, ensuring that they can approach their work with integrity and professionalism.