Financial Accounting Essentials
Learn the fundamentals of the balance sheet, income statement, cash flow statement, and financial statement analysis.
Taught by Instructors with Experience At
What you’ll learn
This course will teach you how to construct an income statement, balance sheet, and cash flow statement from scratch. Following this, you will learn how to analyze companies with key ratios and metrics in our financial statement analysis section. Our lessons offer both theory and real-world exercises to practice your learnings. Throughout, we use the real financial statements of companies such as Microsoft and J.P. Morgan to replicate the type of work you may encounter as a working professional in accounting, investment banking, financial planning, and more.
60+ High Quality Lessons and Exercises
Downloadable Excel and PDF Files
Prepare Professional Financial Statements
Lifetime Access on Any Device
Who are these courses for?
University Students
If you're a college student looking to secure an internship or full-time job in a top tier business, finance, or investment firm, these courses are for you.
Working Professionals
If you're a working professional looking to level up your technical career skills, these courses are for you.
Career Switchers
If you're looking to boost your technical skills to better your chances of switching into a business or finance role, this course is for you.
Build the three financial statements from scratch
Learn to record financial statement transactions to prepare the income statement, balance sheet, and cash flow statement for any company. Using Microsoft's real financial statements as an example, you'll see exactly how financial accounting is used in the real world.
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Learn financial accounting with practical exercises on Excel
Our hands-on teaching combines both theory and practical exercises for you to test yourself and apply the concepts you've learned. From calculating the cash conversion cycle to building a depreciation schedule, you'll have plenty of Excel-based exercises to practice recording financial accounting transactions.
Level up your business & finance career
This course is specifically tailored to current or aspiring professionals in business and finance-oriented roles. This includes investment banking, financial planning & analysis (FP&A), management consulting, or strategy positions among others.
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Course Curriculum
- Course Overview
- Glossary of Accounting Terminology
- Accounting Cheat Sheets
- Types of Accounting
- Accounting Principles
- Financial Reports (10K, 10Q, and more)
- The Three Main Financial Statements
- Income Statement Overview
- Revenues
- Cost of Goods Sold (COGS)
- Gross Profit
- Selling, General & Administrative (SG&A)
- Depreciation
- Depreciation Methods
- Amortization
- Interest Expense and Interest Income
- Net Income and Earnings Per Share (EPS)
- Case Study: Build an Income Statement
- Balance Sheet Overview
- Double Entry Accounting & T-Accounts
- Income Statement & Balance Sheet Link
- Balance Sheet Transactions Exercise
- Cash & Cash Equivalents
- Accounts Receivables
- Prepaid Expenses
- Inventory Part 1 (Theory)
- Inventory Part 2 (Practical Exercise)
- Property, Plant & Equipment (PP&E)
- PPE Exercise
- Intangible Assets
- Goodwill
- Other Long-Term Assets
- Liabilities Overview
- Accounts Payable & Notes Payable
- Accrued Expenses
- Deferred / Unearned Revenue
- Short and Long-Term Debt
- Equity Overview
- Preferred Stock & Treasury Stock
- Case Study Part 1: Build an Income Statement
- Case Study Part 2: Build a Balance Sheet
- Cash Flow Statement Overview
- Direct vs Indirect method
- Cash Flow from Operating Activities
- Cash Flow from Operations Exercise
- Cash Flow from Investing Activities
- Cash Flow from Financing Activities
- Linking the Three Financial Statements (Interview Question)
- Preparing a Cash Flow Statement
- Financial Statement Analysis Overview
- EBIT and EBITDA
- Profitability Ratios
- Profitability Ratios Exercise
- Liquidity Ratios
- Activity Ratios
- Activity Ratios Exercise
- Leverage Ratios
- Ratio Detective Exercise
- Case Study Overview & Instructions
- Income Statement Part 1
- Income Statement Part 2
- Balance Sheet
- Cash Flow Statement
- Financial Statement Analysis
Impress recruiters with your resume
Upon completion of all course lessons, you will receive a digital certificate with your credentials. Furthermore, you can add it to your LinkedIn to show your skills to recruiters!
What our students say
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Meet Your Instructors
Kenji Farre
Learn the skills you need to advance your career
Select the course or bundle that works best for you
- {yes} Access to Full Financial Accounting Course
- {yes} Step-by-Step Video Lessons with Real-World Examples
- {yes} Financial Statement and Ratio Analysis
- {yes} Case Study Exercises on Excel to Practice
- {yes} Course Completion Certificate
- {yes} Downloadable Glossary and Cheat Sheets
- {no} Access to LBO Modeling Course
- {no} Access to M&A Modeling Course
- {no} Access to Excel Course
- {no} Access to Finance & Valuation Course
- {yes} Access to Full Financial Accounting Course
- {yes} Step-by-Step Video Lessons with Real-World Examples
- {yes} Financial Statement and Ratio Analysis
- {yes} Case Study Exercises on Excel to Practice
- {yes} Course Completion Certificate
- {yes} Downloadable Glossary and Cheat Sheets
- {yes} Access to LBO Modeling Course
- {yes} Access to M&A Modeling Course
- {yes} Access to Excel Course
- {yes} Access to Finance & Valuation Course
FAQs
Frequently Asked Questions
Yes, this course is accredited by the CPD Certification Service. Career Principles is a certified CPD member.
You don't need any previous knowledge of accounting or business concepts whatsoever. We start from the basics and all you need is a computer with Microsoft Excel and a willingness to learn!
Absolutely! You will have access to the instructors to ask anything about the course content using the discussions forum in each lesson.
You will have lifetime access to the lessons and materials. The course can be taken on both smartphone and computer.
Yes! All the Excel files, templates, and PDFs are available for download.
For any other general inquiries, please contact us at info@careerprinciples.com