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
- 01
Chapter 1 · 2 lessons
Introduction to Financial Accounting
- 1.1
About the Authors
6 min · Quick check
- 1.2
Current Evolution in Financial Accounting
6 min · Quick check
- 1.1
- 02
Chapter 2 · 2 lessons
Understanding Financial Data
- 2.1
Creating a Portrait of an Organization
6 min · Quick check
- 2.2
Communication in Financial Reporting
6 min · Quick check
- 2.1
- 03
Chapter 3 · 2 lessons
Income Statements
- 3.1
Construction of an Income Statement
6 min · Quick check
- 3.2
Reported Profitability and Conservatism
6 min · Quick check
- 3.1
- 04
Chapter 4 · 2 lessons
Transaction Analysis
- 4.1
Essential Role of Transaction Analysis
6 min · Quick check
- 4.2
Connection of the Journal and the Ledger
6 min · Quick check
- 4.1
- 05
Chapter 5 · 2 lessons
Adjusting Entries
- 5.1
Purpose of Adjusting Entries
6 min · Quick check
- 5.2
Types of Adjustments
6 min · Quick check
- 5.1
- 06
Chapter 6 · 2 lessons
Securities and Exchange Commission
- 6.1
Need for the SEC
6 min · Quick check
- 6.2
Impact of Audits on Financial Statements
6 min · Quick check
- 6.1
- 07
Chapter 7 · 2 lessons
Accounts Receivable
- 7.1
Net Realizable Value
6 min · Quick check
- 7.2
Accounting for Uncollectible Accounts
6 min · Quick check
- 7.1
- 08
Chapter 8 · 2 lessons
Inventory Accounting
- 8.1
Cost Flow Assumptions
6 min · Quick check
- 8.2
Periodic vs. Perpetual Inventory Systems
6 min · Quick check
- 8.1
- 09
Chapter 9 · 2 lessons
Property and Equipment
- 9.1
Reporting Property and Equipment
6 min · Quick check
- 9.2
Determining Historical Cost and Depreciation
6 min · Quick check
- 9.1
- 10
Chapter 10 · 2 lessons
Investments
- 10.1
Accounting for Investments by the Equity Method
6 min · Quick check
- 10.2
Acquisition of Another Company
6 min · Quick check
- 10.1