Fundamentals of Financial Accounting

About the Course

This 3-hour course, “Fundamentals of Financial Accounting,” is designed to provide participants with a solid foundation in financial accounting concepts and practices. Covering essential topics like the accounting cycle, financial statements, and basic reporting requirements, the course demystifies accounting for non-accountants and builds confidence in reading and interpreting financial information. Through interactive examples and practical exercises, participants will gain a clear understanding of how accounting information supports sound business decision-making.

Course Objective

By the end of this course, participants will be able to:

Understand the purpose and importance of financial accounting in business.

Explain key accounting concepts such as assets, liabilities, equity, revenue, and expenses.

Describe the steps of the accounting cycle, from transaction analysis to financial statements.

Prepare and interpret basic financial statements: balance sheet, income statement, and cash flow statement.

Identify common accounting principles and standards (GAAP/IFRS).

Apply double-entry bookkeeping concepts using simple examples.

Who is the Target Audience?

This course is ideal for:

Non-finance professionals seeking to understand accounting fundamentals.

Small business owners and entrepreneurs who manage or oversee financial records.

Managers and team leaders are looking to improve their financial literacy.

Students and early-career professionals interested in developing essential accounting knowledge.

Basic Knowledge

There are no prerequisites for this course.