Accounting Crash Course

Used widely at investment banks and universities, the Accounting Crash Course will bring trainees up to speed on the income statement, the balance sheet, the cash flow statement and more.

Accounting Crash Course

Course Description

In this course by Wall Street Prep, we begin with an analysis of basic accounting rules and the structure and composition of key financial filings like 10Ks and 10Qs. Then, we introduce the income statement, balance sheet, cash flow statement, and thoroughly analyze their important inter-relationships, line-by-line, all the while using real life examples to reinforce important concepts. The course concludes with a discussion of ratio analysis that ties together previously covered concepts. This course satisfies the accounting prerequisite for every Wall Street Prep financial modeling course. Step-by-step video lessons make accounting accessible, and are filled with real-world exercises that test and reinforce covered concepts.

Course Details:

Target Audience

This course is designed to efficiently teach accounting to students and professionals embarking on careers in finance. The course is written in a clear, easy-to-follow style that makes accounting accessible, and is filled with exercises that test and reinforce covered concepts.

Access Timeframe

Lifetime
Certificate Info:

Type of Certification

Certificate of Completion

Format of Certification

Digital

Course Outline

  • Introduction
  • Basic Accounting Principles
  • Financial Reportings & Important Filings
  • Reading the 10K
  • Revenue
  • Revenue Recognition
  • Revenue Manipulation
  • COGS & Gross Profit
  • Selling, General & Administrative, Research & Development
  • Expenses
  • Depreciation
  • Amortization
  • Non-Operating Items & Taxes
  • Net Income, EPS & Dividends
  • EBIT, EBITDA & Income Statement Summary
  • The Lemonade Stand, Part 1
  • The Lemonade Stand, Part 2
  • An Introduction to Assets
  • An Introduction to Liabilities
  • Double Entry Accounting
  • How the Income Statement Connects to the Balance Sheet
  • The Lemonade Stand Revisited
  • How Assets & Liabilities are Presented
  • Cash, Receivables & Prepaid Expenses
  • Inventory
  • Property, Plant & Equipment, Part 1
  • Property, Plant & Equipment, Part 2
  • Intangible Assets & Goodwill
  • Payable, Accrued Expenses, Deferred Revenue & Debt
  • Operating & Capital Leases
  • Equity
  • The Lemonade Stand, Part 3
  • The Cash Flow Statement
  • Cash From Operations
  • Cash From Financing & Cash From Investing
  • The Lemonade Stand, Part 4
  • Financial Statement Analysis

DON'T HAVE TIME?

We can send you everything you need to know about this course through email.
We respect your privacy. Your information is safe and will never be shared.