Introduction to Finance and Accounting Specialization

This specialization provides an introduction to corporate finance and accounting, emphasizing their application to a wide variety of real-world situations spanning personal finance, corporate decision-making, financial intermediation, and how accounting standards and managerial incentives affect the financial reporting process.
It begins with concepts and applications like time value of money, risk-return tradeoff, retirement savings, mortgage financing, auto leasing, asset valuation, and many others. The specialization uses Excel to make the experience more hands-on and help learners understand the concepts more directly. From valuing claims and making financing decisions, to elements of a basic financial model, the coursework provides a solid foundation to corporate finance.
The specialization then moves to financial accounting, enabling learners to read financial statements and to understand the language and grammar of accounting. The coursework introduces bookkeeping fundamentals, accrual accounting, cash flow analysis, among much else! Finally, using the foundational knowledge of accounting, the specialization teaches learners how to understand and analyze key information that companies provide in their statements, including types of assets and liabilities and longer-term investments and debts, and finally the difference between tax reporting and financial reporting.
- Discounting and compounding arbitrary cash flow streams in order to value different claims and make better financial decisions.
- Difference between NPV and Internal Rate of Return (IRR)
- Classification of cash flows into operating, investing, and financing activities
- How companies account for investments in debt and equity securities

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Introduction to Financial Accounting (Coursera)

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. By the end of this course, you’ll be able to read the three most common financial statements: the income statement, [...]

More Introduction to Financial Accounting (Coursera)

The course builds on my Introduction to Financial Accounting course, which you should complete first. In this course, you will learn how to read, understand, and analyze most of the information provided by companies in their financial statements. These skills will help you make more informed decisions using [...]

Fundamentals of Finance (Coursera)

In this course, you’ll learn the basic fundamentals of corporate finance. Based on the pre-term qualifying courses for Wharton MBA students, Professor Jessica Wachter has designed this course for learners who need a refresher in financial concepts, or for those who are learning about corporate finance for the first [...]