We may earn an affiliate commission when you visit our partners.

Introduction to Financial Accounting

The Accounting Cycle

Andrea Eliassen

In this hands-on Specialization you will practice completing each step of the accounting cycle within Microsoft Excel, from analyzing and recording the first financial transactions of the year all the way through starting the new fiscal year.

The skills covered in this course include recording in the journal, posting in the ledgers, preparing financial statements, recording and posting closing entries, as well as preparing trial balances.

Enroll now

Or subscribe to Coursera Plus

And get unlimited access to Coursera

Help others find Specialization from Coursera by sharing it with your friends and followers:

Facebook

Copy Link

What's inside

Three courses

What is Financial Accounting?

Students are introduced to financial accounting, its activities, tools, and users. They'll learn the accounting equation, the four financial statements, ethical considerations, recording business transactions, and credit/debit rules.

View more details for this course

Recording in Journals & Posting in Ledgers

This course covers the basics of recording financial entries in Journals and Ledgers. You will learn about the accounting cycle, posting transactions, accrual accounting, and cash accounting.

View more details for this course

Completing the Accounting Cycle

Students prepare statements relevant to year end accounting processes, synthesizing what they have learned in the previous two courses. Specific topics include adjusting entries, closing entries, the preparation of financial statements, and the procedure for recording the four closing entries.

View more details for this course

Learning objectives

How to record in journals and post in ledgers
How to prepare financial statements

How to record and post closing entries
How to prepare trial balances

How to record in journals and post in ledgers
How to prepare financial statements
How to record and post closing entries
How to prepare trial balances

Save this collection

Save Introduction to Financial Accounting: The Accounting Cycle to your list so you can find it easily later:

Save

Time

0 hours

Level

Introductory

Via

Coursera

Institution

University of California, Irvine

Instructor

Andrea Eliassen

Level

Introductory

Share Specialization from Coursera

Facebook

Link

Our mission

OpenCourser helps millions of learners each year. People visit us to learn workspace skills, ace their exams, and nurture their curiosity.

Our extensive catalog contains over 50,000 courses and twice as many books. Browse by search, by topic, or even by career interests. We'll match you to the right resources quickly.

Find this site helpful? Tell a friend about us.

Affiliate disclosure

We're supported by our community of learners. When you purchase or subscribe to courses and programs or purchase books, we may earn a commission from our partners.

Your purchases help us maintain our catalog and keep our servers humming without ads.

Thank you for supporting OpenCourser.