Module #1 Introduction to Financial Accounting Overview of financial accounting, its importance, and its role in business decision-making
Module #2 Financial Statements:An Overview Introduction to financial statements, including balance sheet, income statement, and cash flow statement
Module #3 Accounting Principles and Assumptions GAAP, IFRS, and accounting principles such as accrual accounting, matching principle, and materiality
Module #4 Accounting Equation and Balance Sheet Understanding the accounting equation, balance sheet structure, and asset, liability, and equity accounts
Module #5 Assets:Cash, Receivables, and Inventory Accounting for cash, accounts receivable, and inventory, including valuation and disclosure
Module #6 Assets:Property, Plant, and Equipment Accounting for property, plant, and equipment, including depreciation and amortization
Module #7 Assets:Investments and Intangibles Accounting for investments, intangible assets, and other long-term assets
Module #8 Liabilities:Current and Long-Term Accounting for current and long-term liabilities, including notes payable and bonds
Module #9 Equity:Common and Preferred Stock Accounting for common and preferred stock, including stock issuance and dividend payments
Module #10 Revenue Recognition Revenue recognition principles, including the four criteria and accrual vs. cash basis
Module #11 Expenses and Matching Principle Expenses, including cost of goods sold, operating expenses, and matching principle application
Module #12 Income Statement Analysis Analyzing the income statement, including horizontal and vertical analysis, and ratio analysis
Module #13 Cash Flow Statement:Structure and Preparation Preparing the cash flow statement, including cash flows from operations, investing, and financing
Module #14 Cash Flow Statement Analysis Analyzing the cash flow statement, including cash flow ratios and free cash flow
Module #15 Accounting for Leases Accounting for leases, including lessees and lessors, and lease classification
Module #16 Accounting for Pensions and Other Post-Retirement Benefits Accounting for pension plans and other post-retirement benefits, including measurement and disclosure
Module #17 Accounting for Income Taxes Accounting for income taxes, including temporary and permanent differences, and deferred taxes
Module #18 Earnings per Share and Dividends Calculating earnings per share and accounting for dividend payments
Module #19 Analysis of Financial Statements Analyzing financial statements using ratio analysis, horizontal analysis, and vertical analysis
Module #20 Financial Statement Fraud and Ethics Detecting and preventing financial statement fraud, and importance of ethical behavior in accounting
Module #21 International Financial Reporting Standards (IFRS) Overview of IFRS, differences with GAAP, and convergence efforts
Module #22 Accounting for Not-for-Profit Organizations Accounting principles and practices specific to not-for-profit organizations
Module #23 Accounting for Governmental Entities Accounting principles and practices specific to governmental entities
Module #24 Financial Accounting and Decision-Making Using financial accounting information in decision-making, including capital budgeting and performance evaluation
Module #25 Course Wrap-Up & Conclusion Planning next steps in Financial Accounting Principles career
