Duration of the online course: 7 hours and 4 minutes
4.9
(10)
Build job-ready financial accounting skills fast with this free online course—master statements, bookkeeping, and analysis to make smarter business decisions.
In this free course, learn about
Role and focus of financial accounting within business and financial management
Purpose of accounting and how transactions become summarized financial statements
Accounting standards, boards, and how accounting periods vary across countries
Asset classification: current vs long-term; tangible vs intangible; accounts receivable
Liability types: current, accrued, and contingent; how to identify non-current items
Equity and the accounting equation: Assets = Liabilities + Equity
Income statement structure: revenue, COGS, gross/net profit, EBITDA, EPS, D&A
Double-entry bookkeeping: journal entries and golden rules/real accounts concepts
Ledgers, posting, T-accounts, trial balance, and post-closing trial balance purpose
Trading account purpose for manufacturing/trading firms; closing stock and COGS
Cost of capital: WACC components; beta and CAPM for required return estimation
Portfolio risk/return: Sharpe ratio interpretation, portfolio optimization, Solver automation
About the free online course
Strong financial accounting skills make it easier to understand how a business really performs, spot risks early, and communicate with confidence to managers, investors, or clients. This free online course in Financial Accounting Management guides you from core concepts to practical financial decision-making, giving you a clear framework for reading, preparing, and interpreting the numbers that drive business outcomes.
You will start by connecting financial accounting to the wider world of financial management, learning why accounting exists, what it measures, and how transactions become meaningful reports. As you progress, you will develop fluency in the language of accounts: recognizing asset types, understanding liabilities, and seeing how equity ties everything together through the accounting equation. You will also build an intuitive grasp of accounting periods and standards, so you can understand how and why reporting differs across organizations and countries.
The course takes a practical approach to financial statements, helping you interpret performance and profitability through the income statement and key measures, while also understanding how balance sheets reflect financial position. You will learn how double-entry bookkeeping works, why journal entries matter, and how ledgers and trial balances support accuracy and internal control. Beyond recording, you will strengthen your ability to connect operational activity to results, distinguish gross profit from net profit, and understand how closing entries and structured reporting bring clarity to financial information.
To round out your accounting foundation with decision-ready finance, the course bridges into capital budgeting and investment fundamentals. You will explore widely used techniques such as NPV, IRR, payback period, and profitability index, and learn how the cost of capital and WACC influence project choices. You will also be introduced to core ideas in risk and return, including beta, CAPM, and the Sharpe ratio, reinforcing how financial data supports valuation and portfolio decisions. By the end, you will be better prepared to analyze statements, evaluate opportunities, and contribute meaningfully to finance and accounting conversations in a business setting.
Course content
Video class: Financial Accounting Overview - Part 1 of 12 | Financial Management Class04m
Exercise: What is the primary focus of financial accounting within the financial management and functional areas?
Video class: Accounting Basics, What is accounting, and why Accounting is important - Part 2 of 1202m
Exercise: What is the primary purpose of accounting in a business?
Video class: Transactions in Accounting - Part 3 of 12 | Bookkeeping basics03m
Exercise: In the context of financial accounting, what is the primary objective for summarizing transactions into financial statements?
Video class: Accounting Standards, Accounting periods, and Accounting boards - Part 4 of 1207m
Exercise: Which of the following statements is true about the accounting period in different countries?
Video class: All Asset types explained: Tangible, Intangible, Current, Long, Accounts Receivables - Part 5 of 1213m
Exercise: Which of the following items is considered an intangible asset?
Video class: Liability, Types of liabilities, Current Liability, Accrued liability, Contingents – Part 6 of 1205m
Exercise: Which of the following is NOT an example of a current liability?
Video class: Equity, What is Equity, Accounting equation, asset and liability, private equity - Part 7 of 1213m
Exercise: In financial accounting, what is the relationship between assets, liabilities, and equity?
Video class: Income Statement, EBITDA, cost of goods sold, depreciation, amortization, EPS - Part 8 of 1214m
Exercise: What is the correct sequence for calculating a firm's net income from its financial activities?
Video class: Journal Entry, Double entry bookkeeping, Trick for golden rules of accounting, - Part 9 of 1215m
Exercise: Which of the following two events are recorded in a real account?
Video class: Ledger Accounts, Ledger posting, Trial Balance, post closing trial balance, Taccount - Part 10 of 1208m
Exercise: In financial accounting, why is it important to conduct a trial balance?
Video class: Trading account, Gross profit vs net profit, closing stock, cost of goods sold, ... - Part 11 of 1210m
Exercise: Which of the following statements accurately describes the purpose of a trading account in financial accounting for manufacturing and trading companies?
Video class: Income Statement, Balance Sheet, Cash flow statement, - Part 12 of 1212m
Exercise: What is the primary purpose of preparing financial statements for a company?
Video class: Financial Accounting in simple English, All Accounting topics covered.1h47m
Exercise: What is the main purpose of preparing a balance sheet for a company?
Video class: Capital Budgeting Techniques in English - NPV, IRR , Payback Period and PI, accounting29m
Video class: WACC - Weighted Average Cost of Capital, WACC formula and Cost of Capital explained in detail29m
Exercise: Which of the following factors is NOT included in the calculation of the Weighted Average Cost of Capital (WACC)?
Video class: Master Capital Budgeting with Excel Now : A Step-by-Step Walkthrough.55m
Exercise: Which of the following best describes the concept of Net Present Value (NPV) in capital budgeting?
Video class: The Beta Stocks and What They Mean for YOU23m
Exercise: What is the significance of a beta value equal to 1 for a stock?
Video class: CAPM, capital asset pricing model18m
Exercise: What is the CAPM formula used to determine in financial management?
Video class: Financial Accounting covering all concepts from basics to advanced. Start to End!00m
Video class: Sharpe Ratio (Part 1) for building a Portfolio: Start here to make Your Portfolio Shine.24m
Exercise: Based on the Sharpe Ratio concept discussed in the video, which one of the following is the correct interpretation of the Sharpe Ratio in investment decision making?
Video class: Sharpe Ratio (Part2) for a Portfolio and Portfolio Optimization made easy.21m
Exercise: Which of the following is NOT a step in computing the returns and risk for a portfolio as explained in the video?
Video class: Portfolio Optimization Automated file SOLVER01m
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Course comments: Financial Accounting management
Students loved the free course, calling it engaging, well-curated and easy to follow. Many found it very useful for real life or refreshing accounting skills, and praised the professor as professional. Overall, worth watching.
Cursa is generally well-received, with users highlighting its curated, engaging, and manageable online courses, especially when compared to platforms
Thank you for given your support this course is very useful in life
PL
Pauline Lavender Omondi
I love the course . I did diploma in accounting but haven't been practising for a while so this is really helpful.
Course comments: Financial Accounting management
Students loved the free course, calling it engaging, well-curated and easy to follow. Many found it very useful for real life or refreshing accounting skills, and praised the professor as professional. Overall, worth watching.
Cursa is generally well-received, with users highlighting its curated, engaging, and manageable online courses, especially when compared to platforms
Thank you for given your support this course is very useful in life
Pauline Lavender Omondi
I love the course . I did diploma in accounting but haven't been practising for a while so this is really helpful.
Roland Bessanh
I love it
Roland Bessanh
I have not subscribed before the video finish
Ahmed Mohamed EL Sayed
Professional Instructor
Floyd Mabaso
was worth listening and going through it