× Explore our resources to learn how to reach your career goals with a graduate business degree.

Create an account

Create your free mba.com Insider account to access exclusive content, application resources, planning guides, free Official GMAT™ prep, and more!

Become an mba.com Insider

Accounting Fundamentals

For just $99, master all the basics of Accounting in a business context. Developed in partnership with online learning experts, Kaplan, this course gives you the confidence you need to hit the ground running in your MBA or master's program.

 

Buy Now

standingman
Image

In this course, you will:

  • Become acquainted with balance sheets, cash flow statements, and accounting theory & processes
  • Understand the framework for describing and assessing a business' finances
  • Learn to differentiate assets, liabilities, and equity
Purchase Course

What's Included:

  • Lessons based on real-world business scenarios and taught by experts
  • Quizzes and tests to check your understanding of topics
  • Ability to send your completion reports to unlimited schools
  • Digital credential to boost your professional profile
  • 24/7 accessibility on mobile and desktop

Bundle and Save

Cover all the key topics in Finance, Accounting, and Statistics. With the Business Fundamentals bundle, you get access to all three courses for the price of two.

Purchase Bundle

Course Topics

Topic #1: What is Accounting and Why Do Business Leaders Need to Learn It

We begin our exploration of Accounting by covering the basics. Students will learn how we define Accounting, how it informs key business decisions, and what the financial statements used by accountants are. We also include some optional coverage of who the standards setters of Accounting in the US are and what the ultimate objective of financial reporting is.

Topic #2: Business Activity Transaction Analysis

Our second topic focuses on transaction analysis, or an analysis of the business activities that impact financial statements. After demonstrating how to perform a transaction analysis and use it to prepare financial statements, we discuss the differences between accrual and cash-based Accounting in a transaction analysis context.

Topic #3: The Accounting Process Cycle

Topic 3 is all about the Accounting process and its cyclical nature. From the first step where you're analyzing a transaction analysis to the last where you're closing out accounts, we'll discuss the entire process and give you the opportunity to perform some of those steps yourself.

Topic #4: Statement of Cashflow

The final topic is a deep dive into the statement of cash flows, one of the four major financial statements. We cover what makes the statement of cash flows so important, how it relates to the other financial statements, and some of the different ways that information may be presented. The topic concludes with an opportunity for students to prepare a balance sheet themselves.