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Financial Accounting Private Training

Immerse yourself in a comprehensive journey through financial accounting essentials. From basic principles to advanced topics, This class equips beginners with vital knowledge for careers in accounting and finance. Gain insights into financial reports, accrual accounting specifics, and analytical tools, ensuring you're well-prepared for professional success in finance-related fields.

  • All levels
  • 13 and older
  • $399
  • Earn 10% Rewards
  • Price Lock
  • 185 Madison Ave, New York, NY & Virtually Online
  • 3 hours

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  • $399/person
  • 3 hours

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Class Description

Description

What you'll learn in this accounting class:

Learn key skills and concepts for financial accounting in this beginner-friendly course, from the basics of accounting statements to complex topics like investments and securities.

Designed for beginners, this class covers essential financial accounting principles that are important to know for careers in accounting, bookkeeping, and other finance-related fields.

The course begins with an introduction to financial accounting. You'll learn about the users and sources of financial reports, the types of financial reports available, and the importance of adhering to Generally Accepted Accounting Principles (GAAP). The class will review how to distinguish between cash and accrual accounting, gaining insights into income statements, essential line items, and profit ratios. From there, you'll dive into accrual accounting specifics, including depreciation and amortization, and analytical tools such as Trailing Twelve Months (TTM) and Year-over-year (Y/Y) comparisons.

After covering these fundamental concepts, the course will move to more advanced topics. These include components of balance sheets, cash flow statements, advanced details of income statements, how to handle unusual items, and more. By the time you finish the course, you'll have a solid grounding in the important financial accounting information you'll need to know for professional use.

Course Outline

Intro to Financial Accounting & Financial Statements

  • Financial accounting fundamentals, including cash versus accrual accounting and GAAP
  • Income statement line items and financial metrics
  • Balance sheet: Assets = Liabilities + Shareholder's Equity
  • Cash Flow Statement: Cash flows from operations, investing, and financing
  • How the financial statements tie together

Intermediate Financial Accounting

  • Prepare for complex accounting tasks
  • Learn advanced income statement processes
  • Handle unusual items and EPs
  • Work with deferred taxes and tax journal entries
  • Manage intercompany investments
  • Understand how debt accounting works

Refund Policy

  • Students may cancel up to 14 days before the class/program start date and receive a refund, less the registration fee (10% of the undiscounted course price). 
  • Cancellations within 14 days are not permitted, but students may reschedule up to three business days before the class start date.
  • For cancellations and reschedules, please email us at [email protected]

In any event where a customer wants to cancel their enrollment and is eligible for a full refund, a 5% processing fee will be deducted from the refund amount.

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All classes at this location

We are located in New York City on 34th street and Madison Avenue, a few blocks from Penn Station, Port Authority and Times Square. You may also attend this class live online (virtual training) via Zoom. We will reach out with additional information, including the Zoom info and class files.

Also available virtually online

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