EdX

Financial Accounting and Analysis (edX)

Financial Accounting and Analysis (edX)

Understand and analyse a company’s financial statements for informed decision-making. Are you one of those professionals who is curious and wants to learn about financial statements, but is intimidated by financial numbers and jargon? Then this course is for you!

Class Deals by MOOC List - Click here and see EdX's Active Discounts, Deals, and Promo Codes.

In this course, we will demystify accounting jargon, help you understand financial statements and analyse them for better decisions. Whatever be your background – marketing, operations, supply chain, strategy, engineering or others, in today’s competitive world, you need to use and interpret crucial financial data for making informed decisions.

This course will enable you to:

  • Understand the various elements of financial statements
  • Apply accounting principles related to its preparation
  • Use tools and techniques to analyse and interpret the key parameters of financial performance

The course has direct application and high relevance in every professional’s life. Concepts learnt in the course can be applied in day to day management for improving operations and creating value for the organization. You will also be able to assess financial implications of your decisions.
The course will be covered in an easy, simple and interactive manner through various hands-on activities, short cases and easy-to-understand examples.
No previous finance knowledge is needed. Come armed with enthusiasm and curiosity to learn.

What you'll learn

  • Basic financial concepts
  • Financial statements and their elements
  • Various accounting standards with respect to the elements in the financial statements
  • Techniques to analyse the financial statements
  • Interpretation of financial statements for better decision-making

Course Syllabus

Week 1: Introduction to Financial Accounting
You will begin your study of Financial accounting and analysis by looking at the overall structure of accounting information and the structure of reporting.
In this week, you will:

  • Meet various users of financial information.
  • Discuss the accounting information system.
  • Learn fundamental accounting concepts.
  • Understand basic financial statements.
  • Prepare financial statements using the accounting equation.

Week 2: A Closer Look at the Balance Sheet
In this week, you will learn to define and cite examples of various elements in the balance sheet related to:

  • Assets
  • Liabilities
  • Equity

Week 3: A Closer Look at the Income Statement, Cash Flow Statement and Statement of Changes in Equity
In this week, you will:

  • Learn the Concepts and various elements of the income statement.
  • Appreciate the challenges faced in the preparation of the income statement.
  • Understand the structure, elements and importance of the cash flow statement.
  • Develop a basic understanding of statement of equity.

Weeks 4 & 5: Financial Statement Analysis
In these two weeks, you will:

  • Apply tools and techniques to analyse the financial statements to understand the performance.
  • Use tools to understand the operational, financial and investment efficiency.
Go to Class
MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

Related Courses

Data Science Ethics (edX) EdX
University of Michigan,MichiganX

Data Science Ethics (edX)

Learn how to think through the ethics surrounding privacy, data sharing, and algorithmic decision-making. As patients, we care about the privacy of our medical record; but as patients, we also wish to benefit from the analysis of data in medical records. As citizens, we want a fair trial before being punished for a crime; but as citizens, we want to stop terrorists before they attack us. As decision-makers, we value the advice we get from data-driven algorithms; but as decision-makers, we also worry about unintended bias.

Self Paced
Self-Paced
Finance for Everyone: Smart Tools for Decision-Making (edX) EdX
University of Michigan,MichiganX

Finance for Everyone: Smart Tools for Decision-Making (edX)

In this introduction to finance course from Michigan learn to apply frameworks and smart tools for understanding and making everyday financial decisions. Want to learn how to think clearly about important financial decisions and improve your financial literacy? Finance for Everyone will showcase the beauty and power of finance. This introductory finance course will be a gateway into the world of finance and will examine multiple applications to apply to your everyday life. Join us to better understand how to apply frameworks and tools to make smart financial choices.

Self Paced
Self-Paced
Estadística Aplicada a los Negocios (edX) EdX
Galileo University,GalileoX

Estadística Aplicada a los Negocios (edX)

Aprende las principales herramientas y técnicas de la estadística descriptiva y la estadística inferencial para analizar e interpretar datos desde la perspectiva de negocios facilitando la toma de decisiones. Este curso proporciona una introducción al análisis de datos en base a las principales herramientas estadísticas, enfocándose en la estadística descriptiva y la estadística inferencial.

Self Paced
Self-Paced
Financial Programming and Policies, Part 1: Macroeconomic Accounts & Analysis (edX) EdX
International Monetary Fund - IMF,IMFx

Financial Programming and Policies, Part 1: Macroeconomic Accounts & Analysis (edX)

A course on the macroeconomic accounts, their interrelationships, and the analysis of economic developments. How healthy is the state of the economy? How can economic policy help support or restore health to the economy? These questions are at the heart of financial programming. In our FPP courses you will learn the building blocks of how to answer to these questions.

Self Paced
Self-Paced
Critical thinking: reasoned decision making (edX) EdX
Tecnológico de Monterrey,TecdeMonterreyX

Critical thinking: reasoned decision making (edX)

Learn to analyze events with intellectual rigor. Identify how reasoned decisions help cope with change. Making decisions in today's world, a world increasing in complexity, with broad changes and uncertainty, creates the need of approaches that allow us to discern the real problems and the causes that create them. Identifying these problems, in most cases, requires challenging the assumptions on which we base our judgments, regarding the world and its realities.

Self Paced
Self-Paced
Ethical Decision-Making: Cultural and Environmental Impact (edX) EdX
Georgetown University,GeorgetownX

Ethical Decision-Making: Cultural and Environmental Impact (edX)

International corporations can trigger significant cultural shifts and environmental impacts. For example, when foreign corporations set up large mineral extraction operations in developing countries, both culture and environment are altered. Ethical concerns arise when manipulative marketing techniques are used to mislead foreign consumers, especially about potentially harmful products. In this course, you will consider the ethics of these types of global influence.

Self Paced
Self-Paced
Financial Accounting Made Fun: Eliminating Your Fears (edX) EdX
Babson College

Financial Accounting Made Fun: Eliminating Your Fears (edX)

Learn the language of financial accounting and how to use financial statement information to better manage and grow your business. Are financial statements a mystery to you? Do all those terms and metrics make your head spin? Do you avoid conversations with your finance leaders because you are not confident of your finance ability?

Self Paced
Self-Paced
Supply Chain Management: A Decision-Making Framework (edX) EdX
LouvainX,Université Catholique de Louvain - UCL

Supply Chain Management: A Decision-Making Framework (edX)

Learn how to make rational and confident supply chain decisions, by understanding how they impact the finance, market and strategy of your company. In this business and management course, you’ll learn how make effective supply chain decisions that take into consideration all aspects of your business.

Self Paced
Self-Paced
Financial information and its analysis (edX) EdX
Tecnológico de Monterrey,TecdeMonterreyX

Financial information and its analysis (edX)

Applies accounting and financial fundamentals to assess the financial situation of the company and inform the decision-making process. Many companies disappear due to mismanagement of their resources, others miss the potential they have by not planning strategically. Accounting gives us the opportunity to understand how the company performs and relates to its environment. In this course you will learn how the accounting information of a company is integrated in order to read the financial statements and evaluate its financial health.

Self Paced
Self-Paced
Financial Analysis of Insurance Companies – Industry Overview and Analysis of Financial and Regulatory Reporting (edX) EdX
New York Institute of Finance,NYIF

Financial Analysis of Insurance Companies – Industry Overview and Analysis of Financial and Regulatory Reporting (edX)

Take a deep dive into the operating practices, accounting methodology, and regulatory environment of the insurance industry. Want to gain a solid understanding of the unique analysis methods needed to assess the financial strength and operating performance of insurance companies in the US and Europe? We’ll begin this course with a look at the main lines of business and the current operating environment of the Life and Health sector of the industry.

Self Paced
Self-Paced