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Introduction to Financial Accounting: Certificate Program

Course Summary

Learn more about financial accounting and earn a certificate once you've completed this mobile-friendly course. After reviewing our interactive video lessons and quizzes, you'll earn an Introduction to Financial Accounting Certificate you can use to strengthen your resume and potential job prospects.
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7 chapters in Introduction to Financial Accounting: Certificate Program

Course Progress Best Score
Lesson 1 - What Are Financial Statements? - Definition, Purpose & Importance Score: {{cp.lessonAssetIdToProgress[9170].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9170].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - What Is an Income Statement? - Purpose, Components & Format Score: {{cp.lessonAssetIdToProgress[9172].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9172].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - The Balance Sheet: Purpose, Components & Format Score: {{cp.lessonAssetIdToProgress[9171].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9171].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - The Statement of Cash Flows: Purpose, Format & Examples Score: {{cp.lessonAssetIdToProgress[9173].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9173].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - The Purpose of Notes on Financial Statements Score: {{cp.lessonAssetIdToProgress[9174].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9174].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Preparing the Basic Income Statement and Statement of Retained Earnings Score: {{cp.lessonAssetIdToProgress[9175].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9175].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - How to Prepare the Basic Balance Sheet and Statement of Cash Flows Score: {{cp.lessonAssetIdToProgress[12521].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12521].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - External Audits of Financial Statements Score: {{cp.lessonAssetIdToProgress[9176].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9176].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - The Fundamental Principles of Accounting Score: {{cp.lessonAssetIdToProgress[9177].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9177].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - The Accounting Equation: Definition & Components Score: {{cp.lessonAssetIdToProgress[10851].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10851].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Source Documents in Accounting: Definition and Purpose Score: {{cp.lessonAssetIdToProgress[10852].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10852].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Using the Accounting Equation: Adding Revenues, Expenses & Dividends Score: {{cp.lessonAssetIdToProgress[10853].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10853].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - What Are Accounts? - Definition and Use to Categorize Transactions Score: {{cp.lessonAssetIdToProgress[10854].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10854].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Ledgers and Chart of Accounts: Definitions and Use Score: {{cp.lessonAssetIdToProgress[10855].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10855].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Understanding Debits and Credits in Accounting Score: {{cp.lessonAssetIdToProgress[10856].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10856].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Recording Business Transactions in Accounting Score: {{cp.lessonAssetIdToProgress[10857].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10857].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Using the Accounting Equation: Analyzing Business Transactions Score: {{cp.lessonAssetIdToProgress[10858].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10858].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Computing and Interpreting Return on Assets Score: {{cp.lessonAssetIdToProgress[10859].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10859].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Journal Entries and Trial Balance in Accounting Score: {{cp.lessonAssetIdToProgress[10860].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10860].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Financial Statement Ratios: Determining Company Performance Score: {{cp.lessonAssetIdToProgress[10861].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10861].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Periodic Reporting & the Time Period Principle Score: {{cp.lessonAssetIdToProgress[13685].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13685].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Using Accrual Accounting to Make Financial Statements More Useful Score: {{cp.lessonAssetIdToProgress[13686].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13686].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - The Differences Between Accrual & Cash-Basis Accounting Score: {{cp.lessonAssetIdToProgress[13687].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13687].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Account Adjustments: Types, Purpose & Their Link to Financial Statements Score: {{cp.lessonAssetIdToProgress[13688].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13688].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Accrued Expenses & Revenues: Definition & Examples Score: {{cp.lessonAssetIdToProgress[13689].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13689].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Adjusted Trial Balance: Definition, Preparation & Example Score: {{cp.lessonAssetIdToProgress[13690].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13690].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Preparing Financial Statements Score: {{cp.lessonAssetIdToProgress[13691].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13691].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Temporary & Permanent Accounts: Definition & Differences Score: {{cp.lessonAssetIdToProgress[13692].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13692].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Closing Entries: Process, Major Steps, Purpose & Objectives Score: {{cp.lessonAssetIdToProgress[13693].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13693].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Real Accounts vs. Nominal Accounts: Definition, Differences & Examples Score: {{cp.lessonAssetIdToProgress[13694].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13694].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Post-Closing Trial Balance: Preparation & Purpose Score: {{cp.lessonAssetIdToProgress[13695].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13695].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Typical Problems with Financial Information Score: {{cp.lessonAssetIdToProgress[15039].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15039].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Internal Controls in Accounting: Definition, Types & Examples Score: {{cp.lessonAssetIdToProgress[15040].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15040].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Safeguards & Controls of Banking Activities Score: {{cp.lessonAssetIdToProgress[15041].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15041].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Control of Cash: Definition & Methods Score: {{cp.lessonAssetIdToProgress[15042].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15042].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Control of Cash Receipts & Disbursements Score: {{cp.lessonAssetIdToProgress[15043].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15043].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Earnings Management: Definition, Techniques & Examples Score: {{cp.lessonAssetIdToProgress[15044].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15044].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - What is Bank Reconciliation? - Definition, Purpose, Process & Examples Score: {{cp.lessonAssetIdToProgress[15045].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15045].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Technology's Impact on the Internal Control System Score: {{cp.lessonAssetIdToProgress[15046].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15046].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Limitations of Internal Control in Financial Reporting Score: {{cp.lessonAssetIdToProgress[15047].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15047].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - The Sarbanes-Oxley Act: Definition and Explanation Score: {{cp.lessonAssetIdToProgress[15048].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15048].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - The Role of Auditors in the Accounting Process Score: {{cp.lessonAssetIdToProgress[15049].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15049].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - The Securities & Exchange Commission: Definition, History & Purpose Score: {{cp.lessonAssetIdToProgress[15050].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15050].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Merchandising Company: Definition, Activities & Income Components Score: {{cp.lessonAssetIdToProgress[23183].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23183].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Items that Make Up Merchandise Inventory Score: {{cp.lessonAssetIdToProgress[23184].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23184].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Inventory Cost: Definition, Methods & Types Score: {{cp.lessonAssetIdToProgress[23185].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23185].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Accounting for Inventory Purchases Score: {{cp.lessonAssetIdToProgress[23186].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23186].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Perpetual and Periodic Inventory Systems Score: {{cp.lessonAssetIdToProgress[23187].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23187].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Recording Purchases Using the Perpetual System Score: {{cp.lessonAssetIdToProgress[23188].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23188].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Accounting for Inventory Sales Score: {{cp.lessonAssetIdToProgress[23189].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23189].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Recording Sales Using the Perpetual System Score: {{cp.lessonAssetIdToProgress[23190].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23190].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Reconciling the Bank Account After Purchases or Sales Score: {{cp.lessonAssetIdToProgress[23191].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23191].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Inventory Counting: Process & Methods Score: {{cp.lessonAssetIdToProgress[23192].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23192].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Inventory Valuation Methods: Specific Identification, FIFO, LIFO & Weighted Average Score: {{cp.lessonAssetIdToProgress[18503].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[18503].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - The Importance of Evaluating Investment Management Score: {{cp.lessonAssetIdToProgress[23193].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23193].bestScoreQuestions}}  Take Quiz Optional
Lesson 13 - The Effects of Financial Statements on Costing Methods Score: {{cp.lessonAssetIdToProgress[23194].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23194].bestScoreQuestions}}  Take Quiz Optional
Lesson 14 - The Effects of Inventory Errors Score: {{cp.lessonAssetIdToProgress[23195].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23195].bestScoreQuestions}}  Take Quiz Optional
Lesson 15 - Net Realizable Value of Inventory: Definition & Method Score: {{cp.lessonAssetIdToProgress[23196].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23196].bestScoreQuestions}}  Take Quiz Optional
Lesson 16 - The Lower of Cost or Market of Inventory: Definition & Method Score: {{cp.lessonAssetIdToProgress[23197].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23197].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Current & Long-Term Liabilities: Definition & Characteristics Score: {{cp.lessonAssetIdToProgress[53800].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[53800].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Known Liabilities: Definition & Types Score: {{cp.lessonAssetIdToProgress[53801].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[53801].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Estimated Liabilities: Definition & Types Score: {{cp.lessonAssetIdToProgress[53802].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[53802].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Contingent Liabilities: Definition & Examples Score: {{cp.lessonAssetIdToProgress[53803].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[53803].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Measuring Long-Term Liabilities & Annuities Score: {{cp.lessonAssetIdToProgress[53804].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[53804].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Accounting for Long-Term Liabilities Score: {{cp.lessonAssetIdToProgress[53805].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[53805].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Bonds: Types, Characteristics and Issuing Procedures Score: {{cp.lessonAssetIdToProgress[18505].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[18505].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - The Advantages of Bond Financing Score: {{cp.lessonAssetIdToProgress[18506].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[18506].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Determining a Bond's Issuance Price Score: {{cp.lessonAssetIdToProgress[53806].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[53806].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Issuing Bonds at a Discount or a Premium Score: {{cp.lessonAssetIdToProgress[53807].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[53807].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - How to Record the Retirement of Bonds Score: {{cp.lessonAssetIdToProgress[53808].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[53808].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - Using Debt-Related Financial Ratios Score: {{cp.lessonAssetIdToProgress[53809].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[53809].bestScoreQuestions}}  Take Quiz Optional

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