Financial Accounting You need to know for the MBA

Financial Accounting You need to know for the MBA

This course is designed to prepare you for the  Managerial Accounting  in the Masters of Business Administration program. All business students have to take an introductory financial accounting course for one simple reason - accounting is the language of business. The terms used by business people such as capital, equity, assets, liabilities, revenue, net income etc. are all terms you will become very familiar upon completion of this course.

Here are some comments by students in this course:

"Lecture is clear and concise..... so far so good." Michael Morris

"I have learning and enjoyed step by step method and a lot of practices"  Ahmed M. ElShatawy

"The content is clear and well organised. The topics are very well explained. Your effort is really appreciated professor." Haya Al Dhahari
"After reading various MBA books and being interested in the accounting sections but feeling frustrated when I never seemed to fully understand it. I am less than halfway through this course and things are finally starting to 'click'." Andy Turner

Learn and Master the Financial Accounting Process. Part 1 of this course.

• Understand that accounting is the language of business.

• Know business terminology (biz speak).

• Understand the difference between a  corporation and a single proprietorship.

• Know the three forms of business - service company, merchandise company and a manufacturer.

• Understand an Income Statement and how to prepare one.

• Understand a Balance Sheet and how to prepare one.

• Know how to analyse and record business transactions

• Learn how to use debits and credits to record business transactions.

• Know how to use the accounting journal and ledger,

• Complete a set of accounting records for a service business using excel spreadsheets.

Learn and Master how to Read Financial Statements - Part 2 of this course.

• Understand how to read the cash flow statement.

• Learn  how to perform horizontal analysis on the Balance Sheet.

• Learn how to perform Vertical analysis on the Income Statement.

• Know how to analyse whether  a company is liquid..

• Know  how to analyse whether a company  is solvent.

• Know how to analyze a company's profitability.

This course is unique in that it contains an excel project on a set of accounting records

Before entering the MBA you need some accounting knowledge. WHY? Because Accounting is the Language of Business!

Url: View Details

What you will learn

• You will learn how to record business transactions using Debits and Credits
• You will be able to Prepare financial statements for external users and understand how to use these statements in decision making
• You will be able to Measure and analyze the reporting of balance sheet and income statement accounts

Rating: 4.75

Level: All Levels

Duration: 1.5 hours

Instructor: Dr. John Daniel Mclellan