Enroll Course: https://www.coursera.org/learn/wharton-financial-accounting
If you’re looking to deepen your understanding of financial accounting beyond the basics, Coursera’s ‘More Introduction to Financial Accounting’ is an excellent choice. Building on foundational knowledge, this course takes you through a detailed exploration of financial statements, assets, liabilities, equity, and financial analysis, equipping you with practical skills to interpret and analyze company financials effectively.
The course is structured into weekly modules, each targeting specific areas of accounting. Week 5 begins with a focus on current assets like accounts receivable and inventory, introducing important concepts such as bad debts and inventory valuation methods, including the infamous LIFO method. Moving into longer-term assets in Week 6, you’ll learn about property, plant, equipment, and intangible assets like goodwill, along with how investments are accounted for.
Week 7 covers liabilities and long-term debt, emphasizing the importance of the time-value of money and how companies handle debt, bonds, and leases. In Week 8, the course delves into deferred taxes, explaining the differences between financial and tax reporting and how companies manage temporary and permanent differences.
The final modules explore shareholders’ equity and financial statement analysis, providing insights into stock issuance, repurchases, dividends, and comprehensive income. The course culminates with a practical overview of analyzing a company’s financial health, preparing you to make informed financial decisions.
I highly recommend this course to students, professionals, or anyone interested in gaining a thorough understanding of corporate financial statements and accounting practices. It offers a well-rounded, detailed perspective that can significantly enhance your financial literacy and decision-making skills.
Enroll Course: https://www.coursera.org/learn/wharton-financial-accounting