Welcome to the introduction to financial reporting course. This course will provide you with a comprehensive understanding of the fundamentals of financial reporting, including the preparation and presentation of financial statements.
Course Outline
Module 1: Introduction to Financial Reporting
- Understanding the purpose of financial reporting
- Key stakeholders in financial reporting
Module 2: Financial Statements
- Balance Sheet
- Income Statement
- Cash Flow Statement
- Statement of Changes in Equity
Module 3: Accounting Principles
- Accrual basis accounting
- Matching principle
- Consistency principle
Module 4: Financial Analysis
- Ratio analysis
- Vertical analysis
- Horizontal analysis
Module 5: International Financial Reporting Standards (IFRS)
- Overview of IFRS
- Key differences between IFRS and US GAAP
Course Materials
To enhance your learning experience, we provide a range of resources including:
- Textbooks: "Financial Accounting" by Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
- Online Tutorials: Accessible through our learning management system
- Practice Exercises: To test your understanding of the concepts
For more in-depth learning, check out our Advanced Financial Reporting Course.
We hope this course will equip you with the knowledge and skills necessary to understand and analyze financial reports effectively. Good luck with your learning journey!