Financial Accounting for Beginners - Introduction to Financial Accounting

Dive into a comprehensive 42-minute tutorial on financial accounting fundamentals. Learn key concepts including basic terminology, balance sheet analysis, income statement computation, cash flow breakdown, and financial ratio calculations. Explore the differences between accrual and cash accounting methods. Gain a solid foundation in financial accounting principles to enhance your understanding of business finances and financial reporting.

- What is Financial Accounting?
- Basic Terminologies in Financial Accounting
– Assets
– Liability
– Equity
– Revenue
- Expenses
- Accrual vs Cash Accounting
- Balance Sheet
- Income Statement
- Cashflow Statement
- Financial Ratios