Course information | BUS103: Introduction to Financial Accounting | Saylor Academy

BUS103: Introduction to Financial Accounting

Create and analyze financial statements to learn how to make informed stakeholder decisions by learning the language and rules of accounting and how to apply them.

Continuing Education Units: 7.2

Course Introduction

Course Syllabus

Unit 1: Accounting Environment, Decision-Making, and Theory

1.1: The Accounting Environment

1.2: Accounting and Its Use in Business Decisions

1.3: Financial Statements

1.4: Accounting Theory

1.5: Internal Controls

Unit 1 Assessment

Unit 2: Recording Business Transactions

2.1: Debits and Credits

2.2: The Accounting Process

Unit 2 Assessment

Unit 3: Adjusting Entries

3.1: Adjustments for Financial Reporting

3.2: Visualizing the Adjusting Journal

Unit 3 Assessment

Unit 4: Completing the Accounting Cycle

4.1: Completing the Accounting Cycle

4.2: The Closing Process

Unit 4 Assessment

Unit 5: Financial Reporting and Financial Statement Analysis

5.1: Financial Reporting

5.2: Financial Statement Analysis

Unit 5 Assessment

Unit 6: Accounting for Inventory – Measuring and Reporting

6.1: Introduction to Inventories and the Classified Income Statement

6.2: Measuring and Reporting Inventories

Unit 6 Assessment

Unit 7: Receivables and Payables Identified

7.1: Receivables and Payables

7.2: Understanding Bad Debt and its Relationship to Receivables

Unit 7 Assessment

Unit 8: Accounting for Property, Plant, and Equipment

8.1: Property, Plant, and Equipment

8.2: Plant Asset Disposal, Natural Resources, and Intangible Assets

Unit 8 Assessment

Unit 9: Long-Term Liabilities and Stockholders' Equity

9.1: Long-Term Liabilities – Bonds

9.2: Stockholders' Equity – Capital Stock

9.3: Stockholders' Equity – Corporations

Unit 9 Assessment

Unit 10: Statement of Cash Flows

10.1: Operating Activities

10.2: Financing Activities

10.3: Investing Activities

Unit 10 Assessment

Study Guide

Course Feedback Survey

Certificate Final Exam

Archived Materials

Or login using your account

BUS103: Introduction to Financial Accounting