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Introduction to Accounting - 1

Enrollment in this course is by invitation only
Learn about the role accounting plays in an organization and how to prepare and analyze financial statements.

This is an archived course.

About This Course

Everyone does accounting of some kind, such as browsing bank statements, preparing a budget for building a house, or counting the cost of a birthday party. Individuals who want to be accountants, managers or entrepreneurs should be able work with financial reports.
This accounting course will give you an overview of business organizations and describes the role accounting plays in managing them. You’ll learn about the effect of common business transactions on financial statements, how to apply the double-entry system for processing transactions and the principles of measuring performance and the related mechanics. At the end of this course, you will know how to prepare financial statements.

What You’ll Learn

  • Learn about business organizations and how they use accounting.
  • Learn about the institutions that influence accounting.
  • Understand the common items in financial statements.
  • Learn how to record transactions.
  • Understand how accountants measure profit.
  • Learn how to prepare financial statements

Requirements

Basic English

Course Staff

Course Staff Image #1

Prof. R Narayanaswamy

R. Narayanaswamy is a Professor of Finance and Accounting at the Indian Institute of Management Bangalore. He has been teaching at the Indian Institute of Management Bangalore since 1986 and has written extensively on accounting, auditing and governance. His teaching method utilizes real-world cases and business situations to make accounting student-friendly.
Professor Narayanaswamy has authored Financial Accounting: A Managerial Perspective (PHI Learning, Fifth edition, 2014). He has published in refereed journals. He consults with companies and governments. Business Today named him among the Best Nine Business School professors in India in 2006. Currently he is an Independent Director and Chairman, Audit Committee of Bank of Baroda.

  1. Course Number

    AC101.1x
  2. Classes Start

    Aug 29, 2016
  3. Classes End

    Nov 04, 2016
  4. Estimated Effort

    4-5 hours/week