Introduction to Financial Accounting - The Accounting Cycle

Overview

In this hands-on Introduction to Financial Accounting: The Accounting Cycle course offered by Coursera in partnership with University of California Irvine 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.

Applied Learning Project

This Specialization program includes three interconnected courses which collectively cover each step of the accounting cycle. At the end of each module you will have the opportunity to practice the skills you have learned in the video walkthroughs by completing a graded activity such as posting into the accounts in the ledger or preparing your own financial statements in Microsoft Excel.

What You Will Learn:

• How to record in journals and post in ledgers

• How to record and post closing entries

• How to prepare financial statements

• How to prepare trial balances

Skills You Will Gain:

• Practical Applications

• Financial Statement

• Practical Applications in Accounting

• Accounting Cycle