Financial Accounting Basics - Financial Accounting Concepts

Financial Accounting in a practical approach to help participants develop Accounting credence needed in Finance Industry

This Course on Financial Accounting explains Accounting concepts with a practical approach, the way it is done and required in the finance industry. It helps participants build and develop the much-needed Accounting credence. The course introduces financial statements with a simple case study.

It explains key Accounting and financial concepts, tools and techniques. The focus of the course is on interpreting financial statements with authority and flair. This is a customized course to address all critical Accounting and Finance needs for Professionals and Students.

This finance training course will be extremely helpful to mid-to-senior level professionals from non-financial domains like Marketing, IT, Purchase, Production, Project and Human resources. As these professionals move up the career value chain, it becomes imperative for them to inculcate key financial skills like translating business performance in financial terms, comprehending top-lines and bottom-lines and developing the uncanny knack to think numbers on their feet. Given that this is a special course designed for Non-Finance Managers, it does not call for any financial qualification.

This is an ideal course for students, professionals in the area of HR, Marketing, Strategy, Sales etc. The high point of this course is its simple and easy way of explanation of the concepts. Every participant taking this course will enjoy it.

Note: edu CBA has 2 parts on Financial Accounting courses, part 1 and Part 2. Also, we have combined these 2 parts to form a comprehensive course on Accounting under CFA Level I Accounting Module.

Instructor: Mr. Dheeraj V. (CFA, FRM, IIML, IITD)

Dheeraj, A financial wizard, His relentless pursuit of knowledge and financial acumen has made him one of the most sought after individual in the training circles. He was associated with J.P Morgan Chase Equity Research Group as an analyst and later moved to CLSA India (Asia’s #1 Broking Firm) in the field of Equity Research and Investment Banking domain.

Website: - edu CBA

Course Page – accounting training basic

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• What are the requirements?
  • The course starts from Scratch and hence does not require any pre-requirements. However, someone with basic finance knowledge will find it very easy to understand
• What am I going to get from this course?
  • Over 85 lectures and 7.5 hours of content!
  • The objective of the Course is to introduce Accounting and financial concept in a simple and lucid manner to help participants build and develop the much-needed Accounting and Finance credence.
• What is the target audience?
  • Professionals from the field of Finance, Marketing, Strategy, HR etc
  • Any Finance and Accounting Beginner
  • This program is for everyone interested in Finance
  • Mid-Level to Executive Managers, Students from all Streams

SECTION 1: Introduction

Introduction

SECTION 2: Income Statement

Financial Statements - Fiscal Year vs Calendar Year

Income Statement Format

Calculating Profit Margins

Non Recurring Items

Changes in Accounting Estimates

Final Remarks

Revenue Recognition - Percentage Completion & Completed Contract

Revenue Recognition - Installment Method & Cost Recovery

Depreciation Expense

Income Statements

SECTION 3: Income Statement - Colgate

Downloading Colgate's Income Statement

Analyst format of Colgate's Income Statement

Formatting the Income Statement

Investigating the Non-recurring charges

Seperating non-recurring Items

Comparision of Margins - before and after adjustments

SECTION 4: Balance Sheet

Introduction to Balance Sheet

Balance Sheets

SECTION 5: Current Assets

Introduction to Current Assets

Cash and Cash Equivalents

Cash and Cash Equivalents - Colgate, P&G, Microsoft

Accounts Receivables

Accounts Receivables Case Study

Inventory

Inventory - Case Study

Inventory - LCM

Inventory - Colgate

Inventory Valuations

Inventory Valuation - Recap

Prepaid Expenses

Other Current Assets - Colgate

Current Assets

SECTION 6: Financial Reporting Standards

Financial Reporting Standards

Financial Reporting Standards

SECTION 7: Current Liabilties

Current Liabilities

Current Liabilities - Colgate

SECTION 8: Long Term Assets

Long Term Assets

Introduction to Goodwill

Pooling Method of Accounting

Purchase Method of Accounting

Goodwill Impairment

Long Term Investments Part 1

Long Term Investments Part 2

Long Term Investments - Example

Long Term Assets

SECTION 9: Long Term Liabilities

Long Term Liabilities

Long Term Liabilities - Risk Profile

Long Term Liabilities

SECTION 10: Shareholder's Equity

Introduction to Shareholder's Equity

Common Stock - Par value and APIC

Treasury Stock or Shares

Retained Earnings & Dividends

Additional Other Comprehensive Income

Introduction to Preference Shares

MacDonald's Shareholder's Equity

Dividends - Types

Cash and Property Dividend - Example

Stock Dividends

Small & Large Stock Dividends - Example

Stock Split

SECTION 11: Earnings Per Share

Introduction to EPS

Basic EPS example

Calculating Weighted Average Shares

Effect of Stock Dividends and Stock Splits

Simple vs Complex Structures

Preferred Convertible Shares Dilution

Preferred Convertible Shares Dilution - Example

Anti-dilutive Preferred Convertible Shares

Convertible Debt Dilution

Convertible Debt Dilution - Example

Anti-dilutive Convertible Debt

Stock Options

Treasury Stock Method

Stock Option Dilution - Example

Comprehensive Example

Earnings Per Share

SECTION 12: Cash Flows

Introduction to Cash Flows

CFO - Direct Method - 1

CFO - Direct Method - 2

CFO - Direct Method - Example

CFO - Indirect Method

CFO - Indirect Method - Example

CFI

CFF

Comprehensive Example - CFO - Direct Method - 1

Comprehensive Example - CFO - Direct Method - 2

Comprehensive Example - CFO - Indirect Method

Comprehensive Example - CFI

Comprehensive Example - CFF

Comprehensive Example - Ending Cash Balance

Cash Flows

SECTION 13: Conclusion

Conclusion