Introduction to Financial Accounting

share ›
‹ links

Below are the top discussions from Reddit that mention this online Coursera course from University of Pennsylvania.

Master the technical skills needed to analyze financial statements and disclosures for use in financial analysis, and learn how accounting standards and managerial incentives affect the financial reporting process.

Financial Accounting Accounting Financial Statement Balance Sheet

Next cohort starts August 3. Accessible for free. Completion certificates are offered.

Affiliate disclosure: Please use the blue and green buttons to visit Coursera if you plan on enrolling in a course. Commissions Reddsera receives from using these links will keep this site online and ad-free. Reddsera will not receive commissions if you only use course links found in the below Reddit discussions.

Taught by
Brian J Bushee
The Geoffrey T. Boisi Professor

Offered by
University of Pennsylvania

Reddit Posts and Comments

4 posts • 31 mentions • top 22 shown below

r/todayilearned • post
7543 points • bakedlurker
TIL that bookkeeping is the only word in the English language with 3 consecutive sets of double letters
r/Accounting • post
4 points • shakenbaconbits
Spookkeey! Triple-double deliciousness
r/RedditsGreatestHits • post
3 points • SupremoZanne
TIL that bookkeeping is the only word in the English language with 3 consecutive sets of double letters ; posted on r/todayilearned
r/investing • comment
3 points • ColonelPants

I would recommend this free online course at Coursera.

They do a lot more than just the 10-k, but give a good overview of the information behind the 10-k like balance sheets and business bookkeeping.

This is definitely an intro course, so it may be too basic for what you are looking for.

r/Accounting • comment
3 points • HLODor

If you want to get a jump on the subject matter, I recommend taking a look at a Coursera course that I really found helpful. Dr. Bushbee really knows his stuff!

It's a good way to dip your toe in the water and see if you really like the subject matter. If you cancel before the end of the trial, then you don't have to pay.

r/MBA • post
3 points • PorcupineGod
Pre-MBA online preparatory knowledge programs

I'm looking for Pre-MBA prepatory courses available online, at your own pace (and preferably free).

Does anyone know of any great resources for these?

Harvard offers their CORe courses for a fee through HBx, they start at a defined time. Focuses on: Intro to Business Analytics Intro to Economics for Managers Intro to Financial Accounting

I'm looking for similar course content. So far found:

r/u_rlugo3 • post
2 points • rlugo3
TIL that bookkeeping is the only word in the English language with 3 consecutive sets of double letters
r/QuickBooks • comment
2 points • fatguyfw

Take a look at Coursera's two online classes for an introduction to financial accounting. They are very reasonably priced.

They will not teach you QuickBooks, but they give a great overview of accounting terms and procedures that will make sense of why QB does what it does. IMO, equivalent to what most MBAs get in their basic accounting class.

r/Accounting • post
11 points • TitanApe
Starting Tax Prep at Small CPA Office

/r/Accounting! I was hired at a small CPA firm for Tax Preparation and begin in a couple weeks. A little background, I have no experience preparing taxes! There will only be 3 people in the office; a CPA, a book keeping / payroll clerk and myself (tax prep). The tax software used is ATX.

I was told the majority of the forms are 1040, 1041 and 1120S. What is the best way to prepare for my first week? Are there any free online courses I can take to get better prepared?

Things Google has turned up:

Any advice or ideas would be appreciated.

r/Accounting • comment
1 points • jubayed_bd this one is good for learning financial accounting (how to record and report transactions of the business). If you want to know about management acounting (budgeting, costing) you have to find another course.

r/india • comment
1 points • ThrowAwayRegret16
r/cscareerquestions • comment
2 points • gerradisgod

However, I think financial accounting is intrinsically interesting and useful, so I recommend taking an online class on it, if you are interested.

This is a good introduction on Coursera from the Wharton School:

r/Accounting • comment
2 points • could_be_any1

A colleague of mine took this one and said it was really good:

It is Wharton Business School's intro to fin acct on Coursera. The description says that it is four weeks of study, 5-6 hours per week. Timewise, that's in your ball park. If you go with it, let me know what you think.

r/Entrepreneur • comment
2 points • officialmarc

I took about half of this course on accounting:

I thought it was great and learned a lot. I didn't finish, but it gave an overview of what accounting really means, it means telling the story of a company with the financial numbers, and how to do double-entry bookkeeping. The professor is endearingly corny, and really knows his stuff.

r/SecurityAnalysis • comment
0 points • KidLogic

r/PersonalFinanceCanada • comment
2 points • aughhhhh

r/FinancialCareers • post
1 points • RockstarM
Feedback on how I'm preparing for my finance internship at FAANG?

I'm about to do my first finance internship at one of the FAANG firms. I'm unsure of what group I'm going to be placed in. It will likely be Corporate Financial Planning & Analysis, Treasury, Capital Markets, or Strategy + M&A.

This is what I'm doing to prep myself:

1) Review financial accounting through Wharton Business Online.

2) Learning Excel Basics on YouTube

3) Learn Corporate Finance and DCF

Is there anything that I should review or do that would help me? Any good resources to use?

r/ProductManagement • comment
1 points • readywater
r/PersonalFinanceCanada • comment
1 points • aughhhhh


Maybe the best way to learn is sitting in a comfy chair with a book from the library and a selection of Annual Reports to see the real thing. Don't use the reports of Banks or OilExploreCo's. Their financials have a slightly different format. Choose a normal business that produces and sells a product. You will find educational books in the "Business" section (657.3) of the library, not the "Personal Finance" section (332.0) or the "Investing" section (332.6).

r/Accounting • post
1 points • hustler24
Wharton Online Introduction to Financial Accounting recommendation?

Dear redditors,

I would like to start my own SaaS business soon, am I learning everything I need in this two courses to manage the financial accounting of my company myself?

Introduction to Financial Accounting:

More Introduction to Financial Accounting:

Thanks very much :-)

r/u_collegewithcathleen • post
1 points • collegewithcathleen
The Ultimate Guide to an Ivy League Summer During a Global Crisis

Wouldn’t it be fun if you read this and it said, “Coronavirus has been cured—and as a bonus, we’re all getting into Harvard!” 

That would be a fun article to read. Let me know if you find it!

In the meantime, however, while I may not be a scientist who specializes in viruses, there IS something I can help you with. 

I can help you plan an incredible, resume boosting summer even while social distancing.

That’s right, you can wow the admissions committees at the Ivy Leagues all from your sofa. 

Want to know how?

But first, who is this for?

9th, 10th, and especially 11th graders, get your notebooks out. 

Since you likely won’t be taking the SAT or ACT this summer and a lot of colleges are going test to optional (they say for now, but maybe long term), what are colleges going to use to evaluate you?

What matters?

Yes, your GPA and the classes you’re taking (the harder, the better, usually) but also what you are doing outside of school and how you write about it. 

That means: your extracurricular activities, community service, and essays.

Most students skip over these or figure that they don’t have time because #school but that is a HUGE MISTAKE.

This is your time to pursue everything you always thought you were too busy for. 

Does this make you a bad person? No! You can’t watch the news all day and focus on the current crisis all the time. There are always terrible, tragic events going on in the world. You can be empathetic and still focus on achieving your big dreams. In fact, if you pursue your interests deeply and wholeheartedly you’ll be in a better position to give back. 

How do you figure out what to do next?

Follow the steps below & you’ll have a plan in less than 10 minutes.

Set a timer for 2 minutes. 

Step 1: Make a list of 10 things you love. 

Now, set a timer for 2 minutes again. 

Step 2: Make a list of 10 things you are great at. 

Step 3: Where is the overlap?

Here’s an example:

I love….baking, ice cream, great croissants (wow-corona has food on my mind), traveling to new places, unplanned trips, getting lost, adventures with my son, eating alone in restaurants (yep, I really do), learning pretty much anything, writing, reading, trains, linen sheets.

I’m great at….teaching, explaining, connecting with people, making friends, talking to strangers, color coding, organizing, taking notes, making plans, strategizing, traveling solo, baking, cooking.

Where do these overlap?

Learning pretty much anything + taking notes (#supernerd) = sign up for MasterClass and learn pretty much anything from world class experts while taking notes! 

Unplanned trips + explaining = write a guide or start a blog about how to travel without a plan (and survive!) 

These are just some ideas….

If you’re ready to dive in, click here for a list of over 400 FREE online classes from Brown, Columbia, Cornell, Dartmouth, Harvard, Penn, Princeton, and Yale  that you can take from your living room couch while in pajamas!

If you want more structure, keep reading for some ideas of classes and activities split into two categories: skill building and knowledge building. 

What does that mean?

Skill building activities help you develop a technical skill such as learning to use C++ or Python if you’re interested in coding. 

Knowledge building activities teach you something content based such as learning about female business women in the Middle East in the 6th century. 

There is no right or wrong answer. Pick activities that interest you. This way, they’ll tie into your application themes and you can use the knowledge and skills you gain to write incredible college essays, whether that is this fall or next fall or even next, next fall. 

Here are some examples:

Interest: Finance

Skill Building Activities:

Take a financial accounting course through UPENN here

Knowledge Building Activities:

Read the top 5 books from Ivy League MBA Reading lists here

Interest: Computer Science and Design

Skill Building Activities:

Take a basic WordPress Web Design course on Udemy 

Knowledge Building Activities:

Get a specialization in Digital Marketing from the University of Illinois (both skills and knowledge) here

Take it a step further

Check out Keru, an amazing program based in Shanghai

Aiming for highly selective colleges? Take is a step further by gaining skills and knowledge and making an impact. Keru is an innovative company based in Shanghai training the next generation of young leaders to tackle issues of sustainability critical to achieving lasting change. Students are paired with professionals from various industries and partner with local mission-driven organizations to assist them with initiatives that drive social impact and promote sustainable development.  

Keru has online opportunities for students to learn real world skills while creating social impact.  You can find out more on their website here

Pioneer Academics

Pioneer is a competitive summer program that pairs high school students with college professors at top colleges and universities to conduct college-level, independent research. Everything is done online and many offer college credit! 

Find out more information here. The deadline was April 26th but if you are a sophomore or freshman, save this for next year!

If you are totally overwhelmed by figuring all of this out and want a customized roadmap.

Take a deep breath.

I have the answers. I’m Cathleen,  a college admissions counselor who helps smart, motivated, and driven students around the world achieve their big bold dreams through education.

I simplify the complex world of college admissions for students who are serious about investing in a custom strategy and action plan that will have a major impact on their lives. And I do that through a customized process of exploration, innovation, strategy, and teaching. 

Comment below or ask any questions about planning an amazing college prep summer!

If you found this helpful, please share it with a friend! I'll be back on here sharing more free content!

r/MBA • comment
1 points • mg21202

Sure, I’d be happy to share.

I’ve only selected courses for semesters 1 & 2 for now. If there’s interest, I can update my list later on.

To give some context, my intention is to specialize in International Trade at the level of small to medium sized business. So while these first couple semesters are pretty standard business fundamentals, in semester 4 you’ll notice I start to choose courses based on developing specific skill sets that are applicable to my objectives.

I’ve ignored several courses which would be important for someone looking to get a complete and well rounded business education, but don’t seem critical for my goals.

Some courses I’ve skipped: Ethics (lol), Information Systems, Project Management, Calculus, Econometrics, Corporate Finance, Political Economics, Cyber Security, Human Resources.

Okay, on to the curriculum...

Academic Foundations (Optional Prep Courses)

I am about to embark on a lengthy 1-2yr education so for me it makes sense to brush up on academics skills as force multipliers for my efforts later on. This section is totally optional though and not part of any business school curriculum.

Academic Foundations - Memory & Effective Learning



Other Resources:

  • Anki (spaced repetition software)
Academic Foundations - Productivity


Other Resources:

Academic Foundations - Writing


Semester 1

Business 101
Math - Algebra
  • Financial Accounting Made Fun @ Babson
  • The prof has had a long and impressive career and he truly does make the subject more engaging through telling the story of a fictional business in little movies

  • Alternative 1: Accounting: Principles of Financial Accounting @ IESE Business School

  • The prof is engaging and likeable and also teaches through the story of a fictional business. I like this one too.

  • Alternative 2: Introduction to Financial Accounting @ Wharton

  • This seems to be the most comprehensive of the accounting courses but not as engaging. I figured a more comprehensive course is not going to benefit me if my enthusiasm and retention of information suffers so I skipped this one. If you are naturally smarter than me or have a longer attention span, this is probably the best introduction to accounting course for you.
  • [Principles of Microeconomics @ MIT] (
  • This introductory microeconomics class is one of the most popular that MIT has made available, and is taught by Prof. Jonathan Gruber. He’s been teaching there for 20 years and is an extremely prominent economist who helped design Massachusetts’ groundbreaking health-care reform.

Semester 2

  • An Introduction To Marketing @ Wharton
  • Taught by three of Wharton's top faculty in the marketing department, consistently ranked as the #1 marketing department in the world, this course covers three core topics in customer loyalty: branding, customer centricity, and practical, go-to-market strategies.
  • Finance for Everyone: Smart Tools for Decision-Making @ MIT
  • Not sure this course is going to be sufficient for business school but I really wanted to learn from Prof. Gautam Kaul and since his Introduction To Finance course seems to have been discontinued at Coursera I am going to roll the dice on this one. Look for something else if you want to make sure you’re prepared with a solid finance background for business.
Math - Statistics

Semester 3

Operations Management
Supply Chain Management
International Business
Game Theory
Strategic Thinking/Decision Making

Semester 4

Product Design
Opportunities in Developing Economies

Semester 5

Global Supply Chain Management
International Business Law