Ementorhub

What you'll learn

Accounting information and how it is used by different capital market participants

Record financial information and produce the main financial statements

Fundamental accounting concepts and revenue recognition criteria in preparing financial statements,

Conduct the accounting for short-term assets, with a particular focus on accounts receivables and inventories.

Skills you'll gain

Financial Statements

Balance Sheet

Financial Accounting

Income Statement

Generally Accepted Accounting Principles (GAAP)

Cash Flows

Inventory Accounting

Accrual Accounting

Bookkeeping

Revenue Recognition

Accounts Receivable

There are 5 modules in this course

Upon successful completion of this course, you will be able to: • Understand the main financial statements and the financial information • Write a financial transaction in financial accounting language and understand how this impacts the main financial statements • Understand how accrual accounting and fundamental accounting concepts work • Understand revenue recognition principles and how they impact the main financial statements • Account for accounts receivable and inventories. This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and go to onlinemba.illinois.edu.

Module 1: Introduction to Financial Accounting

Module 2: Recording Transactions and Financial Statement Preparation

Module 3: Fundamental Accounting Concepts and Revenue Recognition

Module 4: Short-Term Assets