Language

Written language: English

Spoken language: Arabic - Lebanon


Principles of Financial Accounting

You can watch a preview of this course by clicking on the first 3 videos in the curriculum below.

You will receive a certificate of completion upon completing all the modules of the course.

Course Details

The course consists of 3 Modules, each of 2 hours.

The total duration of the course is 6 hours.

Course Description

This course is an introduction to the basic concepts and standards underlying financial accounting systems. The concepts that will be covered in details are the preparation of financial statements and the Accounting Cycle.

The course emphasizes on two main areas:

First, the construction of the basic financial accounting statements - the income statement, balance sheet, and cash flow statement - as well as their interpretation.

Second, explanation of the accounting cycle and its steps.

  1. Journalize transactions
  2. Post entries to the ledger accounts
  3. Prepare Trial balance
  4. Record adjusting Entries[A1] 
  5. Prepare Adjusted Trial Balance
  6. Record Closing Entries
  7. Prepare After Closing Trial Balance
  8. Prepare Financial Statements


Course Curriculum

  1- Intro to the course
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  2- Tell us about yourself
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  3- Why is Accounting Important
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  4- Introduction to Financial Statements
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  5- Understanding the Business
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  6- Elements of the Balance Sheet
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  7- Elements of the Income Statement
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  8- Elements of the Stockholders Equity
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  9- Rate this Course
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  10- Elements of the Cash Flow Statement and Relationship Among Financial Statements
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  11- Accounting Equation in Practice
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  12- Practice Exercises
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  13- Next Module
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Hi, I’m Dr. Aziz Nader


Aziz Nader has over ten years of experience as a lecturer in many prominent Lebanese Universities in Accounting and Finance. He Graduated from Notre Dame University with a Master’s degree in Business Administration with Finance Concentration in 2005. He has also passed CFA level 2 exam and currently a PHD Candidate in Economic Analysis and Business Strategy.

He has more than fifteen years of experience in portfolio management and served as a consultant, trainer and coach for many national and international firms.

Enrollment Fees


$10

UCN 1044 - Principles of Financial Accounting