Fundamentals of Financial Accounting

About the course:

Understanding the language of business is crucial for making informed decisions in any professional environment. This course, “Fundamentals of Financial Accounting,” is designed to introduce participants to the core principles and practices of financial accounting. In just two hours, you will gain a clear understanding of how financial information is recorded, organized, and interpreted. Whether you’re looking to enhance your career prospects, run your own business, or simply understand financial statements better, this course provides a practical foundation in the essentials of accounting.

Course Objective:

By the end of this course, participants will be able to:

• Explain the purpose and importance of financial accounting in business.
• Understand and apply basic accounting concepts and principles.
• Record simple business transactions using the double-entry system.
• Prepare and interpret fundamental financial statements (Income Statement, Balance Sheet, and Cash Flow Statement).
• Recognize the role of accounting in business decision-making and compliance.

Who is the Target Audience?

This course is ideal for:

• Beginners with no prior background in accounting.
• Entrepreneurs and small business owners are seeking to manage their finances more effectively.
• Students considering a career in accounting or finance.
• Professionals in non-finance roles who want to understand the basics of accounting.
• Anyone interested in improving their financial literacy for personal or professional reasons.

Basic Knowledge:

• There are no prerequisites for this course.