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Coursera: Financial Accounting Fundamentals

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13 hour 13 hours
Course teacher: Luann J. Lynch

What are you going to get

Introduction to Financial Accounting, the Financial Statements, and the Balance Sheet

Introduction to Recording Transactions

The Income Statement, Revenue and Expense Transactions, and Adjusting Entries

The Statement of Cash Flows, Financial Statement Preparation


Course description

This course, developed at the Darden School of Business at the University of Virginia and taught by top-ranked faculty, will teach you the tools you'll need to understand the fundamentals of financial accounting.

The number 1 reason people take this program


Most heard feedback on this program

How to use journal entries to record transactions and prepare and use t-accounts to summarize transactions recorded during an accounting period

About the instructor

Luann J. Lynch

Luann J. Lynch teaches Accounting in the First Year core MBA program and a Second Year elective in management accounting. She is frequently recognized for her outstanding teaching; she was the recipient of the University of Virginia Alumni Board of Trustees Teaching Award and elected Faculty Marshall in 2000 and 2013, was nominated for the Outstanding Faculty Award from the State Council of Higher Education for Virginia (SCHEV) in 2001, has been recognized as an Outstanding Professor in BusinessWeek’s Guide to the best Business Schools and is frequently nominated for the Outstanding Faculty Award at Darden. Her research interests are primarily in the design and impact of incentive and compensation systems. The focus of her work can be broadly characterized as an exploration of how incentives and compensation systems are structured to encourage the desired behavior by the individuals or organizations. In particular, her work has examined incentive issues associated with stock options, compensation in post-merger integration efforts and the effect of financial reporting, accounting and regulation on incentive compensation.


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