Learning Objectives:

Learn fundamental financial principles and understand the relationship between the four fundamental financial statements. This will set the foundation for the rest of the course.

Lessons:

Reasons to Prepare Financial Statements

Principles of Accounting

Chart of Accounts and General Ledger

Income Statement

Balance Sheet

Statement of Cash Flows

Statement of Changes in Equity

Interrelationships between the Four Statements

Consolidate Your Knowledge (Quiz)