Key Accounting Concepts and Principles

How do organizations communicate vital business and finance information? Achieving the utmost clarity in communication requires knowledge of financial management and a strong understanding of accounting basics. Accounting an internal function that involves identifying recording summarizing and reporting business transactions and financial events in an organization. In this course you’ll learn the core concepts and financial essentials of accounting such as the accounting equation and its components as well as the rule of debits and credits. Youll also develop your financial acumen by exploring the accounting cycle and the effect of cash and accrual-based accounting systems.