Strengthen Your Accounting Fundamentals Today with this CFI Course

Accounting Fundamentals by CFI, a free 2-part course, will guide you through the accounting process. Here, you will explore the layout of the balance sheet, income statement, and cash flow statement. In this course, you will be taught how to prepare financial statements from scratch. 

This free accounting course is an essential building block required for performing financial modeling and other types of Wall Street financial analysis. Moreover, you would also learn to record financial statement transactions (for example, invoicing, raising equity, buying inventory, etc.). There are no prerequisites required for taking this course.

Well, some of the potential competencies you develop undergoing this curriculum are Business Accounting, Cost Accounting, Advanced Accounting, and Financial Accounting. The instructor is interactive by nature and tries to impart lessons in an elaborate fashion.

The course duration is 2.5 hours and is tagged as a beginner course. Well, the online lecture is self-paced, whereas the offline class is instructor-paced, and the pace was graspable for all the learning cohorts. The course commences with the basics concerning the layout of the balance sheet, income statement, and cash flow statement. 

In this course, the preparation of financial statements from scratch will be demonstrated to you. This free accounting course is an essential building block required for performing financial modeling and other types of Wall Street financial analysis. Moreover, you would also learn to record financial statement transactions (for example, invoicing, raising equity, buying inventory, etc.). 

The learners get a mix of theory and practical assignments in this course. There would be qualified assessment evaluation criteria at the end where the learners need to appear for every evaluation, followed by feedback submission. PowerPoint presentations are also provided as course content post-lecture delivery.

Being a professor of Finance and Accounts, I need to be up-to-date concerning the technicalities of the domain and explore creative ways to teach critical concepts to the students. 

Before undergoing this course, curation of a simple income statement and maintaining the same in the balance sheet was quite a tedious task for me to perform and then demonstrate to students. 

Upon course completion, I could easily interpret as well as impart each and every financial statement terminology, maintain balance sheets with ease and record financial statement transactions (for example, invoicing, raising equity, buying inventory, etc.). Certainly, this course has improved my concept delivery skills, as I feel much more confident while elucidating core concepts to the students.