Basic Accounting

Description

Week 1

Introduction to Accounting
In this module, we will review the basic concepts, definitions and importance of accounting and financial reporting.

4 videos, 2 readings, 1 questionnaire
Fundamentals of Accounting
Now that you know what accounting is, we will review the types that exist. Also, the main concepts that integrate the financial statements and the most important normative guidelines that regulate the accounting technique.

Week 2

Accounting mechanics and recording of transactions
In this module we will review the procedure for recording and cataloging accounts.

1 video
Basic Financial Statements
There are documents that must be present whenever you want to know the activities and financial situation of a company, regardless of its size. In this module, we will identify which are these documents called financial statements. We will also review their definition and particularities.

Week 3

Balance Sheet
It is time to review the Balance Sheet. You will identify the way in which this financial statement is integrated and interpreted. You will also distinguish its presentation rules.

2 videos, 1 reading, 1 questionnaire
Income Statement
In this module, you will identify how an income statement is integrated and interpreted. You will also recognize the rules of presentation and the decisions that can be made based on this financial statement.

Week 4

Statement of changes in stockholders’ equity
In this module we will review how this financial statement is integrated as well as the approach to the accounts that comprise it and that are shareholders’ equity and operating results of the economic entity. Likewise, we will identify the rules for its proper presentation.

2 videos, 1 reading, 1 questionnaire
Cash Flow Statement
In this module you will identify the origin and application of the resources that an economic entity has and generates during the year. We will also review the rules for its presentation and the decisions that can be made when preparing and evaluating the cash flow statement.