Welcome to the “Finance for Everyone Toolkit: Generally Accepted Accounting Principles” video lesson intended to highlight the basic principles and assumptions that are required in accounting. Throughout this lesson, viewers will become familiar with GAAP’s key principles, as well as the three qualities that each organization’s financial information must embody. This video lesson is part of the “Finance for Everyone Toolkit,” which provides non-financial employees with foundational knowledge on finance topics.
Overview
COURSE DIFFICULTY
COURSE DURATION
9m
Skills Learned
After completing this online training course, students will be able to:
Understand the Fundamentals of Generally Accepted Accounting Principles
Apply Accounting Principles to Real-World Scenarios
Analyze Financial Statements Using GAAP Standards
Recognize the Importance of Compliance in Financial Reporting
Identify Common Accounting Terminology and Concepts
Finance Professionals, Business Owners, Accounting Students, Managers, Entrepreneurs
None
01. Introduction to Generally Accepted Accounting Principles
02. Key GAAP Concepts and Framework
03. Financial Statements Overview
04. Revenue Recognition and Measurement
05. Compliance and Ethical Considerations in Accounting
SKILLS LEARNED
Skills Learned
After completing this online training course, students will be able to:
Understand the Fundamentals of Generally Accepted Accounting Principles
Apply Accounting Principles to Real-World Scenarios
Analyze Financial Statements Using GAAP Standards
Recognize the Importance of Compliance in Financial Reporting
Identify Common Accounting Terminology and Concepts
WHO SHOULD ATTEND
Finance Professionals, Business Owners, Accounting Students, Managers, Entrepreneurs
PREREQUISITES
None
COURSE OUTLINE
01. Introduction to Generally Accepted Accounting Principles
02. Key GAAP Concepts and Framework
03. Financial Statements Overview
04. Revenue Recognition and Measurement
05. Compliance and Ethical Considerations in Accounting
