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Intro to Financial Accounting

Discover the fundamental principles of financial accounting, analyzing statements and reports, and understand key financial metrics and ratios at NYIM Training's Intro to Financial Accounting course. Gain hands-on experience with real-life examples from well-known companies like Facebook, Amazon, and Apple, and develop a solid foundation in accounting concepts applicable to various industries.

  • All levels
  • 18 and older
  • $325
  • Earn 3,250 reward points
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  • 185 Madison Ave, New York, NY & Virtually Online
  • 7 hours

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  • $325
  • 7 hours
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Class Description

Description

What you'll learn in this accounting class:

Learn the fundamentals of financial accounting including cash vs accrual accounting, the key financial statements, and core financial metrics and ratios.

Learn how to analyze financial statements and reports. Master financial accounting fundamentals such as accrual accounting, the three main financial statements, and the metrics and ratios analysts use.

This course is taught using hands-on exercises from financial statements of well-known companies. We'll go through real-life examples, by walking through actual 10-K's to gain a better understanding of how the accounting concepts learned in this course apply to companies like Facebook, Amazon, and Apple. 

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  • Financial Accounting Bootcamp

Learn more about Intro to Financial Accounting at NYIM Training.

Syllabus

Introduction to Financial Accounting

  • Who uses financial reports?
  • Where to find financial reports
  • Types of financial reports
  • Generally Accepted Accounting Principles (GAAP)
  • Cash vs. accrual accounting

Income Statement

  • Essential line items
  • Profit ratios and margins
  • Accrual accounting in the income statement
  • Depreciation and amortization
  • Trailing Twelve Months (TTM)
  • Year-over-year (Y/Y) Comparisons
  • EBITDA

Balance Sheet

  • Assets = Liabilities + Shareholder's Equity
  • Essential components of each section
  • Changes in PP&E
  • Working capital

Cash Flow Statements

  • Why we need the cash flow statement
  • Cash flows from operations
  • Cash flows from investing
  • Cash flows from financing
  • Deferred taxes

Refund Policy

  • Students may cancel up to 11 business days before the class/program start date and receive a refund, less the registration fee (10% of the undiscounted course price).
  • Cancellations within 11 business days are not permitted, but students may reschedule up to 4 business days before the class start date.

For cancellations and reschedules, please email us at [email protected]

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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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