Introduction to Financial Accounting | Financial Accounting (Part 1/12)
Автор: Joefessor
Загружено: 2023-08-01
Просмотров: 1470
Описание:
This video is the first part of a 12-part course on financial accounting. The course is designed to be easy to follow and does not require any prior knowledge of accounting.
In this first part, I introduce the following topics:
-Why you should learn financial accounting
-The four basic financial statements: balance sheet, income statement, statement of retained earnings, and statement of cash flows
-The accounting equation
-Notes to financial statements
I also provide a brief overview of the accounting cycle, which is the process of recording, summarizing, and reporting financial information.
00:00 Introduction
00:16 Why learn Financial Accounting?
02:43 Course Outline
04:31 Session 1 Outline
05:24 What is Financial Accounting?
06:02 GAAP vs IFRS
07:17 Who are the players in Financial Accounting?
09:10 Financial Accounting vs Managerial Accounting
10:55 Basic Financial Statements
14:41 How are the Financial Statements related?
17:07 Notes to Financial Statements
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