Course HackFinancial Accounting FoundationsBy Jim Stice, Kay Stice
In a Nutshell
In this course, accounting professors Jim and Kay Stice provide an overview of bookkeeping, financial statements, and how to analyze these statements to better understand business performance.
Favorite Quote
Let us let you in on a little secret. You don't have to be a numbers person to appreciate the value of financial accounting. And, in fact, when you know a little about accounting, you know a lot more than most.
Jim Stice and Kay Stice
Introduction
Business is a numbers game, and we can only understand the numbers through financial accounting.
Accounting may feel daunting, but once you have a grasp of the basics, it can reveal a lot about a company's performance.
Jim and Kay Stice are professors of accounting at Brigham Young University.
In this course, the pair breaks down key terms and components of financial reporting before delving into some of the complications around accounting and how standards are maintained.
The professors then explain how to go beyond writing financial reports, providing methods and tools for financial statement analysis.
Here are the 3 key insights from this Hack
- 1.Accurate bookkeeping is the foundation of financial statements, which inform internal strategy and external investment
- 2.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc volutpat, leo ut.
- 3.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc volutpat, leo ut.
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