Accounting for Decision Making

In this course, you will begin by addressing the two "big questions" of accounting: "What do I have?" and "How have I performed over time?" You will see how the two key financial statements - the balance sheet and the income statement - are designed to answer these questions, and then move on to consider how individual transactions come together to form these financial statements. Once you have a broad understanding of accounting and financial reporting, you will begin to understand more finely the individual components of running a business, such as making a sale or building up inventory. By looking at many of the most common business activities, you will strengthen your understanding of accounting and examine these concepts by applying them to different types of transactions. Once you have a better understanding of these individual concepts, you will be ready to return to overall financial statements and use them as an information tool, including constructing ratios. You can take this course on its own or to qualify for the full-time component of the Executive Education program, Finance for Strategic Decision Making. For more information, please see the FAQ below.