Financial Statement Preparation Fundamentals

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5 lessons30 minFree
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About this course

Learn the essential concepts and foundations of financial statement preparation.

  • 5 lessons
  • 30 min
  • beginner

What you'll learn

  • Identify the four main financial statements and their purposes
  • Describe the users of financial statements and their information needs
  • Outline the steps of the accounting cycle
  • Explain the accounting equation and its components
  • Classify assets and liabilities as current or non-current
  • Interpret the statement of financial position

Finishing the course

  • 20 knowledge-check questions along the way, so you know the ideas stuck before you move on.
  • Watching is free and needs no account. Sign in to save your progress. Pass each lesson's quiz (60%+) to earn the certificate. Each certificate has its own public verification link to share, marked quiz-verified.