Ementorhub

What you'll learn

How to use journal entries to record transactions and prepare and use t-accounts to summarize transactions recorded during an accounting period

The three most commonly used financial statements and how they fit together

How to prepare these financial statements based on transactions recorded during an accounting period

How to draw basic conclusions about a company's financial health

Skills you'll gain

Financial Analysis

Balance Sheet

Financial Statement Analysis

Income Statement

Cash Flows

Depreciation

Financial Statements

Revenue Recognition

Financial Reporting

Financial Accounting

Annual Reports

Accrual Accounting

Generally Accepted Accounting Principles (GAAP)

Accounting Records

General Ledger

There are 5 modules in this course

By the end of this course, you will be able to: - Use journal entries to record transactions - Prepare and use t-accounts to summarize transactions recorded during an accounting period - Describe the three most commonly used financial statements and how they fit together - Prepare these financial statements based on transactions recorded during an accounting period - Draw basic conclusions about a company's financial health

Introduction to Recording Transactions

The Income Statement, Revenue and Expense Transactions, and Adjusting Entries

The Statement of Cash Flows, Financial Statement Preparation

More Transactions, Analysis of Financial Statements, and an Annual Report