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Quick Facts

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

Course Overview

The course of Financial Reporting I provided by the platform edX and designed by Indiana University provides the candidates with in-depth knowledge about the fundamental and core concepts of accounting standards and financial reporting. This course will teach the candidates to shift their focus towards the assets of the balance sheets and measure as well as the report about the same. 

The candidates will also gain expertise about procedures to measure the incomes and revenues on statements of income. This course is helpful for those candidates who want to build a career in accounting and finance, as the contents of the course are designed to provide all-round education about the same field.    

The contents of the course are divided into 12 weeks and the students can easily complete it by putting in an effort of 8 to 12 hours weekly. Students who choose to obtain certification will also be given the facilities of graded assignments that will further motivate them to improve and get better in their studies. 

The Highlights

  • Video language in English
  • Advanced level course 
  • Study of 8-12 hours/week
  • Course by Indiana University
  • Certification by edX
  • Instructors from Indiana University 
  • 12-week duration 
  • Accessibility for free

Programme Offerings

  • Access materials
  • Online Classrooms
  • Expert support
  • Evaluated assignments

Courses and Certificate Fees

Fees InformationsCertificate AvailabilityCertificate Providing Authority
INR 39405yesIU Bloomington

The fee details for the Financial Reporting I certificate programme are given below:

  • The candidates are free to take the course free of cost. 

  • For up-gradation to a certified course, candidates need to pay Rs 39,405

Fee Category 

Amount in Rupee

Base Fee

Nil

Certificate Fee

Rs. 39,405


Eligibility Criteria

Education

For taking this course, candidates must at least have a bachelor’s degree or should be junior or senior in college. They also should have prior knowledge about accounting terminologies, entry journals, and T-accounts. 

Certification Qualifying Details

Candidates who choose to upgrade their courses will obtain a certificate of completion after studying for 12 weeks. 

What you will learn

Financial Management

Candidates will learn about the following things:

  • Candidates will get to know about the importance of financial reporting in context to specific transactions
  • Candidates will gain the ability to record, measure, and report about transactions of business importance
  • The candidate will be able to do financial statement analysis such as income statements and balance sheets
  • Candidates will be researching complicated topics related to the areas of US GAAP using the FASB’s Codification and others
  • Candidates will be able to execute accounting procedures
  • Candidates will be made familiar with tools such as T-accounts as well as journal entries
  • Candidates will develop critical thinking skills
  • Candidates will be able to describe methods of accounting
  • Candidates will be making better decisions for the organisation by making use of data and predictive capabilities

Who it is for

Candidates who are strongly recommended to take this course of Financial Reporting I are as follows:

  • Candidates who want to keep up with current global trends and issues
  • Candidates who seek employment in the field of accounting and finance
  • Candidates who want to gain more information about financial reporting
  • Candidates who want better job prospects and an increased pay scale

Admission Details

Participants of the programme Financial Reporting I must look at the following steps for enrolling in the online programme:

Step 1: You are required to go to the course page, either by searching for it or clicking on the direct link -https://www.edx.org/course/financial-reporting-i/

Step 2: Click on the enrol button provided. The button will take you to the login page. Sign up if you are a new user, otherwise, fill in your login information. 

Step 3: A successful login to edX will enrol you to the course. You are now eligible to view the course material. However, in case you want a certification, you must upgrade your account by paying a fee. 

Instructors

IU Bloomington Frequently Asked Questions (FAQ's)

1: Who will be teaching us this course?

The instructor that will be teaching the participants of this course the subject is Ken Merkley, currently working as Associate Professor of Accounting at Indiana University.

2: Is it compulsory to upgrade to a certification?

Although strongly recommended, the candidates are not mandated to purchase the certificate of completion. They can just enroll and study the materials provided.

3: Can I access this course from anywhere in the world?

edX tries to provide quality and free education for learners all around the globe. However, the services have not yet been made available in some countries. They are Cuba, Crimea region of Ukraine and Iran.

4: What benefits does this certification come with?

The signed certification that edX provides comes with a logo of Indiana University is successful in finding several benefits such as recognition in the job industry. If this certification is mentioned in the LinkedIn profiles of candidates, they will surely attract hirers.

5: What prerequisites must I possess before taking this programme?

Candidates willing to join this programme must possess basic knowledge of the terminologies used in accounting, T-accounts and journal entries. They also must possess a bachelor’s degree/should be junior or senior in college.

6: Give a brief about the programme.

This course by Indiana University is brought to all interested participants through edX. It extends for a duration of 12 weeks and requires 8-12 hours of effort per week. This course is an advanced-level course in the field of Business and Management.

7: Are there facilities for financial aids?

For students who cannot afford certifications, they can avail of a discount of about 90%. Students need to enroll in the course and follow the link https://courses.edx.org/financial-assistance/ to fill in the Financial Assistance application. This application will be reviewed within 2-4 days and the candidates will be informed about the decision.

8: What are the payment methods?

Currently, edX does not accept any bank transfers. Candidates can choose to pay using American Express, Discover, Mastercard, and Visa debit/credit cards.

9: Can I opt for a refund?

To get a refund, the candidates have to unenroll from their chosen courses within a period of 14 days from the start of the course/date of purchase (whichever comes later). Please note that refund facilities will not be available after obtaining the certification. 

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