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Intro to Financial Accounting

Discover the fundamental principles of financial accounting, and analyzing statements and reports, and grasp key financial metrics and ratios in NYIM Training's Intro to Financial Accounting course. Build hands-on experience with real-life examples from well-known companies like Facebook, Amazon, and Apple, and develop a solid foundation in accounting concepts applicable across various industries.

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  • 18 and older
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  • Interactive Online Classroom
  • 7 hours

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Class Description

Description

Establish a strong foundation in financial accounting fundamentals; learn the important distinctions between cash and accrual accounting approaches, understand the three primary financial statements, and gain knowledge of the key financial metrics and ratios used in financial analysis.

Develop competence in analyzing and interpreting financial statements and reports through mastery of financial accounting principles. Gain expertise in foundational concepts such as accrual accounting methodology, the composition of the three essential financial statements, and the financial metrics and ratios that investment analysts and financial professionals rely upon.

The course utilizes practical, hands-on exercises drawing from actual financial statements of well-established corporations. You will review real-world case studies by examining authentic 10-K regulatory filings to better grasp the application of accounting principles covered in this course to major companies, including Facebook, Amazon, and Apple.

Related Courses:

Learn additional financial skills and receive cost savings through a bootcamp program:

  • Financial Accounting Bootcamp

Learn more about Intro to Financial Accounting at NYIM Training.

Remote Learning

This course is available for "remote" learning and will be available to anyone with access to an internet device with a microphone (this includes most models of computers, tablets). Classes will take place with a "Live" instructor at the date/times listed below.

Upon registration, the instructor will send along additional information about how to log-on and participate in the class.

Also available in-person in NYC

Syllabus

Introduction to Financial Accounting

  • Who uses financial reports?
  • Where to find financial reports
  • Types of financial reports
  • Generally Accepted Accounting Principles (GAAP)
  • Cash vs. accrual accounting

Income Statement

  • Essential line items
  • Profit ratios and margins
  • Accrual accounting in the income statement
  • Depreciation and amortization
  • Trailing Twelve Months (TTM)
  • Year-over-year (Y/Y) Comparisons
  • EBITDA

Balance Sheet

  • Assets = Liabilities + Shareholder's Equity
  • Essential components of each section
  • Changes in PP&E
  • Working capital

Cash Flow Statements

  • Why we need the cash flow statement
  • Cash flows from operations
  • Cash flows from investing
  • Cash flows from financing
  • Deferred taxes

Refund Policy

  • Students may cancel up to 11 business days before the class/program start date and receive a refund, less the registration fee (10% of the undiscounted course price).
  • Cancellations within 11 business days are not permitted, but students may reschedule up to 4 business days before the class start date.

For cancellations and reschedules, please email us at [email protected]

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