This is a part of Grazing Minds “Finance For Non-Finance Professionals” series of courses.

Accounting is the “language of business.”

In this Accounting Basics Course, you will learn about the basics of Accounting, Bookkeeping and Financial Analysis Concepts.

Being able to understand this language allows individuals both inside and outside of an organization to join the “conversation” about how the organization is performing and how it can improve future performance. Financial accounting focuses on the reports that managers generate to provide interested external parties a summary of the firm’s financial position and operations. Managerial accounting focuses on the information and the analytical tools and techniques that help managers and employees make the right business decisions.

This is a simple and basic crash course for the individuals who come with no Accounting background, or those who want to refresh what they have learnt in their colleges or universities. Not only that, it is also beneficial for the ones who are willing to build their career in Accounting and Finance OR would want to understand their businesses in order to improve their decision making skills in under an hour.

In this course, you’ll learn the basic fundamentals of corporate finance. Based on the pre-term qualifying courses for Global MBA students, Grazing Minds has designed this course for learners who need a refresher in financial concepts, or for those who are learning about corporate finance for the first time.

This course will guide you through the accounting process. We explore the layout of the balance sheet, income statement, and cash flow statement. We will demonstrate how to prepare financial statements from scratch. This course is an essential building block required for performing financial modeling and other types of wall street financial analysis.

You will also identify and understand the nature, purpose, and importance of different types of decision-useful accounting information, and use analytical tools and techniques to use this information to make business decisions. You will apply these fundamentals via the lens of a new business, creating a business plan, forecasts and budgets, and anticipated information needs for decisions made by you as owner and manager, your employees, and external parties such as future shareholders, creditors, and other constituents.