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Intro to Financial Accounting & Financial Statements

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Summary

Learn how to analyze financial statements and reports. Master financial accounting fundamentals, including accrual accounting, the three main financial statements, and the metrics and ratios analysts use.

This course is taught through hands-on exercises using financial statements from well-known companies. We'll explore real-life examples by walking through actual 10-K filings to gain a better understanding of how the accounting concepts learned in this course apply to companies such as Facebook, Amazon, and Apple. 

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Curriculum

What you'll learn

  • Financial accounting fundamentals, including cash versus accrual accounting and GAAP
  • Income statement line items and financial metrics
  • Balance sheet: Assets = Liabilities + Shareholders' Equity
  • Cash Flow Statement: Cash flows from operating, investing, and financing activities
  • How the financial statements tie together

Course syllabus

Introduction to Financial Accounting

  • Who uses financial reports?
  • Where to find financial reports
  • Types of financial reports
  • Generally Accepted Accounting Principles (GAAP)
  • Cash vs. accrual accounting

Income Statement

  • Essential line items
  • Profit ratios and margins
  • Accrual accounting in the income statement
  • Depreciation and amortization
  • Trailing Twelve Months (TTM)
  • Year-over-year (Y/Y) Comparisons
  • EBITDA

Balance Sheet

  • Assets = Liabilities + Shareholder's Equity
  • Essential components of each section
  • Changes in PP&E
  • Working capital

Cash Flow Statements

  • Why we need the cash flow statement
  • Cash flows from operations
  • Cash flows from investing
  • Cash flows from financing
  • Deferred taxes

What's included

  • Free course retake within one year to refresh the material and gain practice.
  • Class recordings

Stated by the provider. Confirm what your tuition covers before enrolling.

Live classes

Choose dates and book your instructor-led class on nobledesktop.com.

Book live on Noble Desktop
  • In-person or live online

    Starts at 10:00 · America/New_York (EDT); final session ends at 17:00 EDT

  • In-person or live online

    Starts at 10:00 · America/New_York (EST); final session ends at 17:00 EST

  • In-person or live online

    Starts at 10:00 · America/New_York (EST); final session ends at 17:00 EST

  • In-person or live online

    Starts at 10:00 · America/New_York (EDT); final session ends at 17:00 EDT

  • In-person or live online

    Starts at 10:00 · America/New_York (EDT); final session ends at 17:00 EDT

  • In-person or live online

    Starts at 10:00 · America/New_York (EDT); final session ends at 17:00 EDT

  • In-person or live online

    Starts at 10:00 · America/New_York (EDT); final session ends at 17:00 EDT

Confirm current dates and availability on Noble Desktop before booking.

Self-paced course

Learn through recorded lessons on your own schedule.

This course is available for 30 days. You can choose when to start your access period. Once you activate, you will have 30 days to complete it (access the course materials, quizzes, projects and videos). You may request one extension of seven (7) days. Other extension requests will be evaluated on a case-by-case basis. Videos are not downloadable.

Book self-paced on Noble Desktop
Tuition
$325
Course length
6 hours
Schedule
On your schedule

Master financial accounting fundamentals at your own pace, learning to analyze financial statements, understand accrual accounting, and use key metrics and ratios. This self-paced course includes hands-on exercises with financial statements from well-known companies. You’ll explore real-life examples by reviewing actual 10-K filings from companies like Facebook, Amazon, and Apple to see how the accounting concepts apply in the real world.

Self-paced curriculum

What you'll learn self-paced

  • Gain a solid understanding of financial accounting fundamentals, including cash vs. accrual accounting and GAAP
  • Break down income statement line items and key financial ratios
  • Master the balance sheet equation: Assets = Liabilities + Shareholders' Equity
  • Understand cash flow statements, covering operations, investing, and financing activities
  • Learn how to connect and interpret financial statements together
Self-paced syllabus

Introduction to Financial Accounting

  • Who uses financial reports?
  • Where to find financial reports
  • Types of financial reports
  • Generally Accepted Accounting Principles (GAAP)
  • Cash vs. accrual accounting

Income Statement

  • Essential line items
  • Profit ratios and margins
  • Accrual accounting in the income statement
  • Depreciation and amortization
  • Trailing Twelve Months (TTM)
  • Year-over-year (Y/Y) Comparisons
  • EBITDA

Balance Sheet

  • Assets = Liabilities + Shareholder's Equity
  • Essential components of each section
  • Changes in PP&E
  • Working capital

Cash Flow Statements

  • Why we need the cash flow statement
  • Cash flows from operations
  • Cash flows from investing
  • Cash flows from financing
  • Deferred taxes

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