This course is designed to provide a basic understanding of financial statements with an emphasis on the balance sheet. However, to understand accounting driven financial statements, it is important to recognize that accounting is less about counting and more about measuring. “What is it that is being measured?” Well, as the course unfolds, you will learn about the three measurement questions and how the balance sheet helps to answer the first two of these questions. By touring a real company and interviewing real business people, the course describes the basic content of financial statements in a simple yet relevant context. The goal of the course is to leave a lasting impression about what balance sheet consists of and what it reveals. The next course in the Fundamentals of Accounting Specialization completes the conversation by addressing the remaining measurement question.
This course is part of the Fundamentals of Accounting Specialization
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About this Course
Could your company benefit from training employees on in-demand skills?
Try Coursera for BusinessSkills you will gain
- Accounting
- Financial Statement
- Balance Sheet
- Accounting Terminology
Could your company benefit from training employees on in-demand skills?
Try Coursera for BusinessSyllabus - What you will learn from this course
Course Orientation
Module 1: What Is Accounting and Why Are Financial Reports Important?
Module 2: Assets – What Do You Own?
Module 3: Liabilities – What Do You Owe?
Module 4: Equity and How the Balance Sheet Fits Together
Reviews
- 5 stars80.61%
- 4 stars16.77%
- 3 stars1.95%
- 2 stars0.24%
- 1 star0.40%
TOP REVIEWS FROM UNDERSTANDING FINANCIAL STATEMENTS: COMPANY POSITION
The professor was not only amazing, but the videos and reading material were also great tools to help pass the class and be much more knowledgeable on balance sheets and their purpose.
Thanks for the awesome course. I understand more about the balance sheet and the basics of accounting and why it's necessary in the business world.
Having worked with accountants for 11 years but only taking a few accounting classes in college, this taught me many things that help me better understand what the accountants are talking about.
The material was organized very well and easy to watch. I really feel like I grasped the building blocks of mastering the concepts with the videos.
About the Fundamentals of Accounting Specialization
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