Introduction to Financial Accounting

Once you have completed this Financial Accounting course, you will have built a strong foundation in the accounting domain and can now comfortably move on to more advanced courses to build up your skillset. Escalate your knowledge in Management from the Executive PG Program in Management. 

The reason why any company is in business is to create and expand wealth, and it is the language of business. Since Financial accounting deals with money management, it can play a crucial role in any aspect of the business. Therefore, learning Financial Accounting can help you make better decisions, no matter your role in any organization. 
 

The financial outcome of a company's operations is reported using financial accounting. While private corporations report to their owners, public companies are mandated to report their performance to the general public. Financial statements are made in both scenarios, and the outcomes are examined. 
 

Accounting enables companies to share their financial data with external parties, such as investors, which is crucial for conducting business. By doing this, businesses can demonstrate their financial stability and ability to make payments and loan repayments better.
In addition, helps companies evaluate their financial health by comparing them, allowing them to understand their success or development opportunities, and helps business leaders make more educated decisions.
 

Many lucrative career paths await those with a solid knowledge of Financial Accounting. Some of these are:

• Financial Accounting
• Auditor
• Financial Manager
• Controller
• Management Accounting

Keep in mind that the list above is not exhaustive but only a few of the vast amount of opportunities awaiting you after you learn Financial Accounting.

You will gain a deeper understanding of the basics of financial accounting, beginning with its meaning and different components, including the three financial reports and the analytical tools used to analyze these reports better, the Financial Ratios. You will also have gained skills to work with Accounting methods, Financial Statements, and Financial Analysis. 
 

Great Learning Academy offers this entire online Accounting course at no cost. This course is an excellent place to start for anyone looking to begin understanding the domain of financial accounting or start a career in the field.
 

You may revisit this course an unlimited number of times. You may pick up where you left off and complete the course anytime.
 

At Great Learning Academy, you are free to enroll in as many courses as you choose and work on many of them at once.
 

Great Learning, a prominent ed-tech business with a global presence, is dedicated to improving people's lives. To help students succeed in their chosen fields without paying any money, the Great Learning Academy offers well-liked free online courses.

More than 6 million students in 140 countries have benefited from Great Learning Academy's free online courses with certifications. It also gives learners a variety of assignments and projects to complete in an effort to polish and improve their skill set.
 

Since it is a beginner-level course, there are no prerequisites or qualifying standards to learn Financial Accounting. You can enroll immediately to learn more about financial accounting.

Follow the instructions below to enroll in the financial accounting course:

1. Click on the "ENROL FOR FREE" option at the top right of the "Financial Accounting" course page.
2. Your browser will open the signup page. Enter your details to create an account.
3. You will be sent to the learning resources after verifying your profile.
4. Start learning Financial Accounting for free online.