This 5 module course covers the key principles of managerial accounting.
Module 1: In the first module, we define and explore the most foundational concepts in the context of a business that we run. Beginning with the inception of a business, we construct a balance sheet and update that balance sheet to reflect events in our business. Next, we create an income statement and detail the specifics of one accounting period.
Module 2: In the second module, we add prepaid expenses, accounts payable, accounts receivable and compare cash basis vs. accrual accounting, completing income statements using each of these methods.
Module 3: In the third module, we introduce the cash flow statement, explore whether to capitalize or expense, and discuss depreciation.
Module 4: In the fourth module, we take a deeper dive into these concepts using a manufacturing business as a case study. We review our financial statements, learn the concept of common-sizing and work with some ratios used for analysis. Then, we apply this to the financial statements of a bank. Using the SNL report, we look at a bank's balance sheet and income statement in an effort to understand a bank's unique business model.
Module 5: Course Handouts.
Your cart is empty