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Pre-MBA Quantitative Skills: Accounting

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Financial statements are a key source of information about the economic activities of a firm. This course is a primer on the construction and basic interpretation of financial statements that should provide learners with a rudimentary understanding of the types of information included in the four primary financial statements: balance sheet, income statement, cash flow statement, and statement of stockholders equity. We will spend time recording transactions using accounting terminology and then building financial statements from those transactions to provide you with an understanding of how and why transactions influence the various financial statements. We will focus on the language of accounting including such terms as the accounting equation, debits and credits, T-accounts, journal entries, accruals versus cash flows, and more. By the end of the course learners will be able to understand the basic differences and similarities of the four financial statements, and will have developed a solid foundation to build upon in an introductory financial accounting course at the MBA level. It is ideally suited for those learners that have never taken a financial accounting course before, as well as for those students who would like to refresh their understanding of basic financial accounting concepts.

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Enhance your foundational knowledge in financial accounting with the "Pre-MBA Quantitative Skills: Accounting" course. Perfect for aspiring MBA students or professionals seeking a refresher, this course delves into the essentials of financial statements, including the balance sheet, income statement, cash flow statement, and the statement of stockholders' equity. Guided by expert instructors from Coursera, learners will engage in hands-on practice with accounting terminology and transaction recording, building a solid understanding of the accounting equation, debits and credits, T-accounts, journal entries, and the distinction between accruals and cash flows. By the end of the course, participants will confidently interpret and construct fundamental financial statements, preparing them for more advanced studies in financial accounting at the MBA level. This course spans approximately 1020 minutes and offers flexible subscription options, including Starter and Professional tiers, to accommodate diverse learning needs. Whether you're new to financial accounting or looking to reinforce your knowledge, this foundational course is designed to set you up for success in the business and management domain.