Financial Accounting
When you finish, you can
Read and build the three financial statements, record transactions correctly, and judge a company's health from its ratios.
Start hereYou need BA-101 or basic business sense. Keep a spreadsheet open; every chapter has entries you record yourself.
Updated · What changed
How this course updates itselfEvery day we scan the latest information in every field. We share with you what we think is a change as we go through regular course curriculum work, so it's the most current thing possible.
Nothing in the news has changed what this course teaches. The daily scan last checked it on ; when something does change, a dated note with sources appears here.
Debate a counselor
Take a position on Financial Accounting. The AI counselor argues the other side, asks you questions back, and cites a source for every fact it states. Sources listed under a reply are the pages it actually found; if none are listed, it is arguing from reasoning only. It is an AI and it can be wrong: check the sources.
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A room for people taking this course, in any language, translated for every reader. Open breakout rooms for one question at a time.
Enter the course roomCourse Syllabus
9h totalPractice
- Set up a chart of accounts for a lemonade stand or a freelance business.
- Record ten transactions as debits and credits; prove the equation balances after each.
- Record one sale on credit two ways: cash basis and accrual basis.
Check
You paid a year of insurance up front. Under accrual accounting, how much is expense this month, and where does the rest sit?
Topics Covered
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