Financial Accounting
Take the Financial Accounting online course by edX to learn how financial statements help investors and creditors evaluate corporate performance.
Expert
Online
12 WeeksQuick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
Working knowledge of Financial Accounting is a must for anyone who wants to understand how business works. Corporate finance decisions and valuation models also rely on information delivered by financial statements. Candidates can learn all that and more in just 12 short weeks with the Financial Accounting online course by edX.
The Financial Accounting course is also a part of the MicroMasters programme in finance. This advanced-level programme introduces all the principles of financial accounting and explains them in extensive and rigorous detail. Candidates will learn how to prepare and analyse financial statements. They will also learn about the process of recording transactions and the basic structure of financial reports.
This course will also cover how financial statements provide inputs for valuation models and corporate finance decisions. They will learn how investors, creditors, and other users of financial statements, analyse these statements to evaluate corporate performance. This programme is instructor-paced and it can be pursued either in paid or free audit mode. While taking the course in the paid mode, the learners will have unlimited access and in the free audit mode, they will have access only for a limited period.
Anyone preparing for the CFA exam will find the Financial Accounting programme useful for their preparation.
The Highlights
- Free learning
- English transcripts
- On-schedule course
- Instructor-led course
- 12-week programme
- 10-14 hours per week
- Advanced level course
- Certificate available for purchase
- Part of the MicroMasters programme in finance
Programme Offerings
- advanced level course
- Free learning
- 12-Week Programme
- 10-14 Hours Per Week
- verifiable and shareable completion certificate
- Instructor-led Scheduled Course
- English Transcripts
Courses and Certificate Fees
| Fees Informations | Certificate Availability | Certificate Providing Authority |
|---|---|---|
| USD 549 | yes | MIT Cambridge |
Financial Accounting course fee structure :
Fees components | Fees |
Financial Accounting programme | Nil |
Certification Fee | $ 549 |
Eligibility Criteria
An undergraduate-level understanding of Calculus, Statistics, Probability, and Linear algebra is a prerequisite for the Financial Accounting course.
What you will learn
After completing the 12-week Financial Accounting training programme, learners should be able to:
- Understand Accounting Terminology
- Prepare Financial Statements
- Read Financial Statements
- Use Financial Statements to Derive Inputs for Valuation Models and Corporate Finance Decisions
Who it is for
The Financial Accounting programme will benefit undergraduate and graduate students, who are preparing for the CFA exam or looking to start a business or pursue a job in finance. The following professionals will also find this course useful:
- Risk Managers
- Asset Managers
- Financial Analysts
- Financial Advisors
- General Managers
- Quantitative Developers
- Quantitative Researchers
- Professionals Servicing the Financial Services Industry
Admission Details
Step 1: Use the provided link to directly access the Financial Accounting course page on the edX website:
https://www.edx.org/learn/financial-accounting/massachusetts-institute-of-technology-financial-accounting
Step 2: Once you are on the course page, look for the ‘Enrol’ tab and click on it.
Step 3: Log in to your edX account. You can also use your Facebook, Google, Apple, or Microsoft account to register or create a new account.
Step 4: Enter all the necessary details as instructed on the web page to finish the registration process.
Application Details
Candidates can join the Financial Accounting online course for free without filling out an application form. They only have to go to the course page, click on the ‘Enroll’ button, and log in to their edX account. They can also register using their existing Google, Facebook, Apple, or Microsoft account.
The Syllabus
Week 1: Accrual Accounting,
Week 2: Revenue Recognition; Receivables
Week 3: Inventory; Property, Plant, and Equipment
Week 4: Intangible Assets; Income vs. Cash Flows
Module 5: Acquisitions; Finance Investments
Week 6.1: Introductory FSA
Week 6.2: Income Taxes
Week 7: Long-Term Debt; Leases
Week 8: Stockholders’ Equity and Earnings per Share
Week 9: Accounting for Banks
E. Review; Accounting for Valuation
Week 10: Tesla case
Instructors
MIT Cambridge Frequently Asked Questions (FAQ's)
No, the Financial Accounting programme is instructor-led and follows a fixed schedule.
Yes, people from any country in the world can apply to the Financial Accounting online course. Cuba, Iran, and the Crimea region in Ukraine are the only exceptions.
The Financial Accounting course is available in English. The video transcripts are also available in English.
The instructors for the Financial Accounting course are professors John Core and Egor Matveyev from the Sloan School of Management, MIT.
The Financial Accounting online course is a 12-week programme.