Principles of Financial Accounting
Accounting is a valuable skill that reaches across all industries and is useful for many professions. In this introductory course, designed for anyone wishing to understand modern accounting principles, students explore fundamental accounting theory, principles and practice. Through online lessons and discussion forums with fellow students and your expert instructor, learn about accrual accounting concepts, transaction analysis and the recording process. Students will gain an in-depth understanding of the preparation and analysis of financial statements and the proper reporting of various accounts. By the end of this course, you will know how to record basic financial accounting information and prepare financial statements, know how to use financial accounting data in decision making situations, and understand the role of the accountant in business.
Learning Outcomes
- Apply the basics of accounting in your day-to-day job
- Utilize the recording process
- Apply and complete the accounting cycle
- Recognize fraud and apply internal controls
Skills You Will Gain
- Basic accounting skills
- Budget analysis
- Accounting for receivables
Association Credits
Course Preview
Section Notes
This course is a paced-asynchronous course, which means that all students will be proceeding through the course at the same time. The course consists of online materials, reading assignments, written assignments and discussion forums. The lessons open on a weekly basis throughout the duration of the class. The time it takes you to complete each lesson depends on your individual approach and learning style, but in a given week, students can generally expect to spend approximately:
- 5-6 hours in online lectures and discussion forums
- 5-6 hours of work outside of class on readings and assignments
Students can enroll through April 8, 2024. The course begins on April 1, 2024 and must be completed by June 23, 2024.
Access to your course in Canvas will be available one business day before the course’s start date.
If you anticipate needing any Disability Accommodations, please contact our Student Services representative PRIOR to enrolling in this course. The accommodations must be organized before starting the program. Please contact Tina Ehrke at (530) 757-8727 if you would like to register for a course and you have disability-related needs or concerns. https://cpe.ucdavis.edu/student-services/disabilities
Enrollment Policies
Drop requests (withdraw with a refund) will be approved, less a $30 processing fee, if the request is received within the first two weeks of the course. Click here (https://cpe.ucdavis.edu/student-services/withdrawals-refunds-transfers) to view complete enrollment policy information including details on withdrawals and transfers.
Refund Deadline: April 15, 2024. Refunds and/or enrollment transfers will not be approved after this date.
Students have the first week of class to enroll with the understanding that students who enroll after the first day of class are expected to reach out to their instructors to make sure they receive all content and are on track with the course.