Financial Accounting

This course is designed as an introductory course on financial reporting. Hence, this course requires no prior knowledge of financial reporting. In this course, we will focus on preparing and interpreting information in financial statements, as prepared under International Financial Reporting Standards, or IFRS. Hence, this course could be useful if you want to increase your knowledge about these areas. For each topic, first, we will discuss relevant theory and standards from IFRS. Second, we will discuss how to apply this theory and standards using applied examples. Where relevant, we will supplement these discussions using financial statements published by the Swiss food and beverage company Nestle.

Module 1. The Financial-reporting System Module 2. Revenue and Expenses Module 3. Current Assets and Current Liabilities Module 4. Non-current Assets, Non-current Liabilities, and Equity – Part 1 Module 5. Non-current Assets, Non-current Liabilities, and Equity – Part 2 Module 6. Cash-flow Statement