Financial Accounting & Reporting

Uplatz offers this comprehensive course on Financial Accounting & Reporting. It is a self-paced course with video lectures. You will be awarded Course Completion Certificate at the end of the course.

Financial accounting is a specific branch of accounting involving a process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time. Financial reporting includes all of a company's communication of financial information to people outside of the company.

A business uses their accounting records to compile financial reports called Accounting Reports. Reports can be as brief or comprehensive as needed for custom-made reports intended for specific purposes such as profitability of a product line or sales by region. Accounting reports are equivalent financial statements.

“Accounting” encompasses all of a company’s financial transactions. A well managed accounting department will have set policies and procedures for expenses, data management and the generation of financial reports.

Financial accounting is concerned specifically with the generation of these reports, that they are based on accurate information and follow “Generally Accepted Accounting Principles” (otherwise known as GAAP). GAAP sets accounting standards in the United States for a wide array of topics, including financial statement presentation.

Uplatz course on, Financial accounting and reporting, discusses how accountants act as processors and purveyors of information for decision making and the needs of those who use accounting information. It also looks at the role performed by accountants and notes the need to be aware of relevant regulatory and conceptual frameworks.

• Financial Accounting & Reporting - all lectures 74:16:54

  • 1: Introduction to Financial Accounting 13:53
  • 2: Introduction to Financial Reporting Preview 14:13
  • 3: Golden Rule of Accounting 23:57
  • 4: Recording of Transactions - part 1 47:14
  • 5: Recording of Transactions - part 2 58:50
  • 6: Recording of Transactions - part 3 1:20:29
  • 7: Trial Balance 39:25
  • 8: Bank Reconciliation Statement 1:12:41
  • 9: Bill of Exchange - part 1 56:44
  • 10: Bill of Exchange - part 2 1:39:38
  • 11: Depreciation - part 1 46:47
  • 12: Depreciation - part 2 47:31
  • 13: Depreciation - part 3 1:21:59
  • 14: Rectification of Errors 1:16:29
  • 15: Provisions and Reserve 1:07:19
  • 16: Divisible Profit and Dividend 37:47
  • 17: Financial Statements of Companies 1:08:43
  • 18: Income Recognition - Classification of Assets and Provisions - part 1 47:06
  • 19: Income Recognition - Classification of Assets and Provisions - part 2 30:07
  • 20: Income Recognition - Classification of Assets and Provisions - part 3 21:07
  • 21: Insurance Claims 56:39
  • 22: Internal Reconstruction 55:01
  • 23: Managerial Remuneration 44:43
  • 24: Accounting for Not-for-Profit Organization - part 1 1:40:23
  • 25: Accounting for Not-for-Profit Organization - part 2 52:36
  • 26: Accounting for Bonus Issue and Right Issue 1:05:30
  • 27: Accounting for Share Capital - part 1 58:14
  • 28: Accounting for Share Capital - part 2 1:20:33
  • 29: Accounting for Share Capital - part 3 23:49
  • 30: Accounting Ratios - part 1 1:19:10
  • 31: Accounting Ratios - part 2 1:02:08
  • 32: Amalgamation of Companies - part 1 1:52:00
  • 33: Amalgamation of Companies - part 2 48:40
  • 34: Amalgamation - Conversion - Sale of Partnership Firms 47:10
  • 35: Banking Companies 52:19
  • 36: Accounting for Branches including Foreign Branches - part 1 27:26
  • 37: Accounting for Branches including Foreign Branches - part 2 1:37:18
  • 38: Accounting for Branches including Foreign Branches - part 3 48:52
  • 39: Accounting for Branches including Foreign Branches - part 4 31:29
  • 40: Buy-back of Securities and Equity Shares with Differential Rights 1:00:38
  • 41: Cash Flow Statement - part 1 47:56
  • 42: Cash Flow Statement - part 2 44:41
  • 43: Consolidated Financial Statements - part 1 54:42
  • 44: Consolidated Financial Statements - part 2 38:22
  • 45: Consolidated Financial Statements - part 3 45:13
  • 46: Consolidated Financial Statements - part 4 32:20
  • 47: Corporate Social Responsibility - part 1 1:15:04
  • 48: Corporate Social Responsibility - part 2 24:55
  • 49: Departmental Accounts 1:47:00
  • 50: Accounting for Employee Stock Option Plans 1:13:40
  • 51: Framework for Preparation and Presentation of Financial Statements - part 1 41:30
  • 52: Framework for Preparation and Presentation of Financial Statements - part 2 56:07
  • 53: Framework for Preparation and Presentation of Financial Statements - part 3 1:04:05
  • 54: Hire Purchase and Installment Sale Transactions - part 1 1:03:29
  • 55: Hire Purchase and Installment Sale Transactions - part 2 1:24:28
  • 56: Hire Purchase and Installment Sale Transactions - part 3 43:29
  • 57: Incomplete Records 1:32:04
  • 58: Investment Accounts 53:44
  • 59: Issue of Debentures - part 1 39:12
  • 60: Issue of Debentures - part 2 1:07:45
  • 61: Issue of Debentures - part 3 42:42
  • 62: Liquidation of Companies - part 1 58:56
  • 63: Liquidation of Companies - part 2 1:06:30
  • 64: Non-Banking Financial Companies - part 1 49:50
  • 65: Non-Banking Financial Companies - part 2 57:01
  • 66: Non-Banking Financial Companies - part 3 45:55
  • 67: Accounting for Partnership - part 1 51:18
  • 68: Accounting for Partnership - part 2 1:00:37
  • 69: Dissolution of Partnership Firm 1:05:15
  • 70: Reconstitution of a Partnership firm - Admission of a Partner - part 1 1:21:45
  • 71: Reconstitution of a Partnership firm - Admission of a Partner - part 2 1:21:55
  • 72: Reconstitution of a Partnership firm - Retirement Death of a Partner - part 1 1:12:54
  • 73: Reconstitution of a Partnership firm - Retirement Death of a Partner - part 2 1:16:13
  • 74: Preparation of Financial Statement of a Bank 23:26
  • 75: Profit or Loss pre and post Incorporation 50:11
  • 76: Redemption of Debenture 45:09
  • 77: Redemption of Preference Shares - part 1 1:00:12
  • 78: Redemption of Preference Shares - part 2 40:11
  • 79: Special Transactions of a Bank 40:31

Financial Accounting & Reporting - Course Syllabus

1) Introduction to Financial Accounting and its importance

2) Introduction to Financial Reporting and its importance

3) Golden rule of accounting

4) Recording of transactions

5) Trial balance

6) Bank reconciliation statement

7) Bill of exchange

8) Depreciation

9) Rectification of errors

10) Provisions and reserve

11) Divisible profit & dividend

12) Financial statements of companies

13) Income recognition, classification of assets and provisions

14) Insurance claims

15) Internal reconstruction

16) Managerial remuneration

17) Accounting for not-for-profit organization

18) Accounting for bonus issue and right issue part

19) Accounting for share capital

20) Accounting ratios

21) Amalgamation of companies

22) Banking companies

23) Accounting for branches including foreign branches

24) Buy-back of securities and equity shares with differential rights

25) Cash flow statement

26) Consolidated financial statements

27) Corporate social responsibility

28) Departmental accounts

29) Accounting for employee stock option plans

30) Framework for preparation and presentation of financial statements

31) Hire purchase and installment sale transactions

32) Incomplete records

33) Insurance claims

34) Issue of debentures

35) Liquidation of companies

36) Non-banking financial companies

37) Accounting for partnership basic concepts

38) Dissolution of partnership firm

39) Reconstitution of a partnership firm – admission of a partner

40) Reconstitution of a partnership firm – retirement death of a partner

41) Preparation of financial statement of bank

42) Profit or loss pre and post incorporation

43) Redemption of debenture

44) Redemption of preference shares

45) Special transactions of bank

Everyone

Passion and determination to achieve your goals!

• Account Executive
• Chartered Accountant
• Finance Analyst
• Account & Finance Manager

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Certificate of completion

Digital certificate - Included

Reed courses certificate of completion

Digital certificate - Included