Financial Accounting Course for Beginners | Introduction to Financial Accounting | Great Learning
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Financial Accounting Course for Beginners | Introduction to Financial Accounting | Great Learning
Hello and welcome to the Great Learning-powered Financial Accounting Tutorial for Beginners. This Introduction to Financial Accounting course covers the fundamentals of financial accounting, including the terminology used, a thorough review of the balance sheet, numerous factors in the income statements, and various financial ratios.
#financialaccounting #incomestatement
Agenda:
Explaining Financial Accounting
Analyze the Balance Sheet
Computer Income Statement
Break Down Cashflow
Compute Various Financial Ratios
Timestamp for the Topics Covered:
00:02:28 - What is Financial Accounting?
00:04:19 - Basic Terminologies in Financial Accounting
00:05:25 – Assets
00:08:15 – Liability
00:11:13 – Equity
00:12:07 – Revenue
00:13:00 - Expenses
00:13:48 - Accrual vs Cash Accounting
00:18:09 - Balance Sheet
00:28:03 - Income Statement
00:31:40 - Cashflow Statement
00:36:27 - Financial Ratios
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