Financial Accounting

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About This Course

This course in financial accounting is designed to provide you with a comprehensive understanding of the fundamental principles behind financial accounting. After completing this course, you will have knowledge that is equivalent to taking a first year undergraduate college course in financial accounting. Financial accounting is considered the language of business and all business professionals are expected to have a basic understanding of accounting. What better way to learn that skill set than by taking our free online and self-paced course! Begin by reviewing the course syllabus and then proceeding through the course outline.

Course Syllabus

Before beginning the course, students should review the course syllabus to become familiar with the topics they will learn and the various resources they have access to. The course syllabus can be viewed here. Once you have finished reviewing the syllabus you can proceed to the course by using the course outline below. Students may select any chapter to study and advance at their own pace. Registration is not required. Students who register will have access to additional resources such as the ability to automatically save progress, track quiz results and allow the course AI (artificial intelligence) to suggest an optimal learning strategy.

Course Chapters

Chapter 1: Introduction to Financial Accounting

Chapter 2: Fundamental Accounting Principles

Chapter 3: Accrual Accounting Principles

Chapter 4: Preparing Financial Statements

Chapter 5: Current Assets and Revenue Recognition

  • Chapter 5: Textbook | [PDF Download]
  • Chapter 5: Interactive Video Lecture
  • Chapter 5: Study Notes
  • Chapter 5: Supplemental Practice
  • Chapter 5: Skills Quiz
  • Comprehensive Exam (Chapters 1-5)

Chapter 6: Long-Term Assets

Chapter 7: Merchandising Businesses

Chapter 8: Inventory Accounting

Chapter 9: Marketable Securities

Chapter 10: Current Liabilities and Contingent Liabilities

  • Chapter 10: Textbook | [PDF Download]
  • Chapter 10: Interactive Video Lecture
  • Chapter 10: Study Notes
  • Chapter 10: Supplemental Practice
  • Chapter 10: Skills Quiz
  • Comprehensive Exam (Chapter 6-10)

Chapter 11: Time Value of Money

Chapter 12: Long-Term Liabilities

Chapter 13: Accounting for Intangible Assets

Chapter 14: Accounting for Leases

Chapter 15: Stockholder's Equity

  • Chapter 15: Textbook | [PDF Download]
  • Chapter 15: Interactive Video Lecture
  • Chapter 15: Study Notes
  • Chapter 15: Supplemental Practice
  • Chapter 15: Skills Quiz
  • Comprehensive Exam (Chapter 11-15)

Chapter 16: Statement of Cash Flows

Chapter 17: Accounting for Taxes

Chapter 18: Business Combinations

Chapter 19: Financial Statement Analysis

  • Chapter 19: Textbook | [PDF Download]
  • Chapter 19: Interactive Video Lecture
  • Chapter 19: Study Notes
  • Chapter 19: Supplemental Practice
  • Chapter 19: Skills Quiz
  • Chapter 19: Comprehensive Exam (Chapters 16-19)
  • Final Exam (Chapters 1-19)