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  1. Finance & Accounting
  2. Accounting & Bookkeeping
Free
Certificate Exam
Tony Bell
YouTube

Complete Financial Accounting Course - 11-Hour Full Tutorial for Beginners

Financial accounting is often called the "language of business." This subject area provides the essential framework for recording, summarizing, and reporting economic events. It is designed for individuals seeking to understand how financial statements are prepared and how business performance is communicated to stakeholders.

  • Analyze business transactions using the fundamental accounting equation
  • Prepare and interpret primary financial statements
  • Apply accrual accounting principles through adjusting journal entries
  • Calculate inventory costs using FIFO, LIFO, and Weighted Average methods
  • Understand the accounting for long-term assets and liabilities
  • Basic arithmetic skills
  • No prior accounting experience necessary

Lessons in the course

  • 1
    Complete Financial Accounting Course - 11-Hour Full Tutorial for Beginners
    Tony Bell

Description

This knowledge domain encompasses the complete accounting cycle, starting from the analysis of transactions to the preparation of post-closing trial balances. Key concepts explored include the fundamental accounting equation, the rules of debits and credits, and the preparation of the four main financial statements: Income Statement, Statement of Retained Earnings, Balance Sheet, and Statement of Cash Flows. The curriculum also delves into specialized topics such as inventory costing methods (FIFO, LIFO, Weighted Average), the management of cash and receivables, and the accounting for long-term liabilities like bonds. Learners can choose to validate their grasp of these industry-standard concepts through an optional, comprehensive certification exam.

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Independent Certification Exam

This independent exam assesses general skills in this subject domain. It is not affiliated with, endorsed by, or connected to the video creator or YouTube. The video is provided as an optional learning resource.

There is no fee to take the exam!

Independent Skill Certificate

This independent exam assesses general skills in this subject domain. It is not affiliated with, endorsed by, or connected to the video creator or YouTube. The video is provided as an optional learning resource.

PREVIEW certifyt.com DATE CERTIFICATE OWNER CERTIFICATE OF EXAMINATION SUCCESS Financial Accounting Fundamentals YOUR NAME 4 February 2026

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