Introductory · Business & Finance

Financial Accounting

The language of business: the accounting equation, debits and credits, the accounting cycle, assets and liabilities, and reading the financial statements.

6 chapters18 lessons2 hr 30 min18 quick checks

How this course works

The chapters and lessons below are the fixed course structure. When you start, LearnLive teaches each lesson interactively and adapts examples, pacing, and questions to you.

Complete syllabus

Every chapter and lesson

  1. 01

    Chapter 1 · 3 lessons

    Foundations of Accounting

    1. 1.1

      The role of accounting

      8 min · Quick check

    2. 1.2

      The accounting equation

      9 min · Quick check

    3. 1.3

      The financial statements

      8 min · Quick check

  2. 02

    Chapter 2 · 3 lessons

    Recording Transactions

    1. 2.1

      Debits & credits

      9 min · Quick check

    2. 2.2

      The journal & ledger

      8 min · Quick check

    3. 2.3

      The trial balance

      8 min · Quick check

  3. 03

    Chapter 3 · 3 lessons

    The Accounting Cycle

    1. 3.1

      Adjusting entries

      9 min · Quick check

    2. 3.2

      Closing entries

      8 min · Quick check

    3. 3.3

      Preparing statements

      8 min · Quick check

  4. 04

    Chapter 4 · 3 lessons

    Assets

    1. 4.1

      Cash & receivables

      8 min · Quick check

    2. 4.2

      Inventory

      9 min · Quick check

    3. 4.3

      Long-lived assets

      8 min · Quick check

  5. 05

    Chapter 5 · 3 lessons

    Liabilities & Equity

    1. 5.1

      Current liabilities

      8 min · Quick check

    2. 5.2

      Long-term liabilities

      9 min · Quick check

    3. 5.3

      Stockholders’ equity

      8 min · Quick check

  6. 06

    Chapter 6 · 3 lessons

    Analysis

    1. 6.1

      The statement of cash flows

      9 min · Quick check

    2. 6.2

      Financial statement analysis

      8 min · Quick check

    3. 6.3

      Ratios & interpretation

      8 min · Quick check

Ready to begin?

Open the course and choose the tutor who will teach it with you.

Start Financial Accounting