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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf Study, Virtual ClassroomVideo and Text Based

Course Overview

The ‘Introduction to Accounting - Part 1: Basics of Financial Statements’ online certification course is developed for the students to get familiar with the fundamental concepts and theories of accounting. This course enables students to enhance their basic knowledge of accounting for application in day-to-day activities. This certification course is provided by Edx online platform and is designed by the Indian Institute of Management Bangalore. The course is organized for five weeks and the classes are conducted through videos, quizzes, and discussion forums.

The course instructor for this program is the academic expert, Dr. Narayanaswamy professor of finance and control at IIM Bangalore. The students of this course are expected to study for four to five hours every week to complete the course.

The ‘Introduction to Accounting - Part 1: Basics of Financial Statements’ online training program is offered with a certification received by the students at the end of the program after successful completion of the course of study and the graded assessments.

The Highlights

  • Online mode
  • Free training
  • Five weeks program
  • 4-5 hours per week
  • Introductory level course
  • Expert guidance
  • Shareable certificate

Programme Offerings

  • Course Modules
  • videos
  • quizzes
  • discussions
  • Graded Assignments
  • tests
  • E-certificate

Courses and Certificate Fees

Fees InformationsCertificate AvailabilityCertificate Providing Authority
INR 6547yesIIM Bangalore

The ‘Introduction to Accounting - Part 1: Basics of Financial Statements’ certification fee is paid to get access to the certificate and the graded assignments.

Introduction to Accounting - Part 1: Basics of Financial Statements fee structure

Audit Track

Nil

Verified Track

Rs 6,547 


Eligibility Criteria

The ‘Introduction to Accounting - Part 1: Basics of Financial Statements’ online course requires the students to have a fundamental knowledge of English to understand the concepts effectively.

Certificate qualifying details:

The participants of this course will become eligible for the ‘Introduction to Accounting - Part 1: Basics of Financial Statements’ certification by Edx and IIM Bangalore after completing the program and the graded assignments with a minimum of 40% overall average.

What you will learn

Financial knowledgeFinancial ManagementBusiness ManagementDecision making skillsAccounting proficiency

The ‘Introduction to Accounting - Part 1: Basics of Financial Statements’ certification syllabus is framed for the learners in this online training to gain skills for accounting and analyzing financial statements. The students of this course will learn the significance of accounting in the management of business organizations. The learners will get familiar with the application of the double-entry system to process transactions, determine the performance and other relevant activities. By the end of this program, candidates will be able to create financial statements.


Who it is for

The ‘Introduction to Accounting - Part 1: Basics of Financial Statements’ online certification course is targeted at the students and individuals who wish to explore the domain of accounting to improve their skills for evaluating financial statements. This course will help entrepreneursaccountantsaccount managers, and other accounting professionals in the industry to enhance their expertise in the subject.


Admission Details

The students interested in joining the ‘Introduction to Accounting - Part 1: Basics of Financial Statements’ online classes should register online. 

Step 1: Go to the course page using the link,

https://www.edx.org/course/introduction-to-accounting-part-1-basics-of-financ

Step 2: Click on the ‘Register’ option.

Step 3: Fill in the relevant information.

Step 4: Start the course.

Application Details

The applicants of the ‘Introduction to Accounting - Part 1: Basics of Financial Statements’ online course will have to enter their name, email address, user name, password, and country name to create an account in Edx to join the course.

The Syllabus

  • About accounting
  • About course

  • Business organizations
  • What is accounting?
  • Users of accounting information
  • Accounting principles, standards, and regulations

  • Accounting equation
  • Financial statements

  • The accounting system
  • Double-entry accounting
  • Correcting errors

  • Income measurement basics
  • Income measurement principles
  • Income measurement mechanics
  • Accounting for trading activities

  • Worksheet
  • Year-end procedures

Instructors

IIM Bangalore Frequently Asked Questions (FAQ's)

1: Which online platform offers the ‘Introduction to Accounting - Part 1: Basics of Financial Statements’ certification course?

The course is provided by the Edx education platform with IIM Bangalore.

2: What background knowledge is required to join the ‘Introduction to Accounting - Part 1: Basics of Financial Statements’ online course?

The students should know basic English.

3: How long will I have to spend every week to complete the ‘Introduction to Accounting - Part 1: Basics of Financial Statements’ online certification course?

You will have to put in an effort of 4-5 hours per week.

4: Can I take the ‘Introduction to Accounting - Part 1: Basics of Financial Statements’ training for free?

Yes, you can learn the course for free in the audit mode.

5: What is the overall average needed to qualify for the ‘Introduction to Accounting - Part 1: Basics of Financial Statements’ certification?

You will have to score an average of 40% to get the certificate.

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