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Financial Accounting : Definition

Financial accounting (or financial accountancy) is the field of accounting concerned with the summary, analysis and reporting of financial transactions pertaining to a business. This involves the preparation of financial statements available for public consumption. Stockholders, suppliers, banks, employees, government agencies, business owners, and other stakeholders are examples of people interested in receiving such information for decision making purposes. – Wikipedia 

About Course

This course on Financial Accounting is a complete course on the topic. It has been divided into nine sections as below:

  • Financial Statement
  • Journal Entries
  • Adjusting Journal Entries
  • Bank Reconciliation
  • Accounts Receivable and Allowance for Doubtful Accounts
  • Inventory
  • Amortization
  • Accounting for Bonds
  • Cash Flow Statement

The total duration of the course is 8 hours and there are 40 video units. For full content check the course curriculum.

 

 

*Course Credits

Used under creative commons license.
Developed by Tony Bell.
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