Introduction to Accounting
Learn about introductory accounting concepts
Overview
This course is designed for those participants without a prior accounting background. The goal is to ensure that these participants will be on equal footing with their peers when the main program begins. Paper-based drill questions and annual reports of real companies are used to ensure key takeaways are mastered.
- Overview and key links between the 3 financial statements
- Impact of transactions on the 3 financial statements
- Income statement
- Revenue and expenses
- Profitability
- EBIT and EBITDA
- Balance sheet
- Operating working capital
- Fixed assets
- Capital expenditures
- Depreciation
- Debt
- Common stock
- Retained earnings
- Cash flow statement
- Operating, investing and financing cash flows
- Steps to building a cash flow statement