Financial Reporting - Fundamentals/Basics

Course details

This course is about the basics of financial reporting and is the first course in the series of future courses that will take the student through the journey of financial reporting.

It is aimed at providing a conceptual foundation for understanding financial reporting prepared by accountants for businesses. Lectures will provide an introduction to the conceptual framework, constraints on the conceptual framework, objectives of financial reporting, various cost based and value based measurement techniques besides various key decision areas that accountants look at.

This course is for anyone who has absolutely no understanding of what happens behind the scenes of the financial reports prepared by small as well as large businesses. If you are a complete beginner or just curious about financial reports prepared by entities as big as Google and as small as a local grocery store, then this course is the step you will want to take towards the journey of understanding financial reporting and their benefits to the end users like you and me.

I have adopted a very simple methodology to teach this course in a friendly manner. It is structured so that the students who have absolutely no idea about financial reporting can grasp the concept behind it and become familiar with various terminologies around it.

So go ahead and take the first step towards building the foundation in understanding financial reporting!