Key Accounting Concepts and Principles

Key Accounting Concepts and Principles

In this course, you'll learn the basics principles of accounting, including debits and credits, the accounting equation, and the accounting cycle.

Updated Mar 11, 2018
How do organizations communicate vital business and finance information? Achieving the utmost clarity in communication requires knowledge of financial management and a strong understanding of accounting basics. Accounting an internal function that involves identifying, recording, summarizing, and reporting business transactions and financial events in an organization. In this course, you’ll learn the core concepts and financial essentials of accounting, such as the accounting equation and its components, as well as the rule of debits and credits. You'll also develop your financial acumen by exploring the accounting cycle, and the effect of cash and accrual-based accounting systems.