Linkedin - Accounting Foundations (2025)

Learn the essentials of accounting-with a focus on bookkeeping, financial statements, managerial accounting, and tax compliance-and explore real-world examples and best practices.
Course details
In this course, accounting professors Earl Stice and Jim Stice dive into the fundamentals of accounting and its significance in both business and personal finance. Learn how to use financial reports like balance sheets, income statements, and statements of cash flows. Explore managerial accounting, including cost computations, break-even analysis, and performance evaluations. Understand the principles and practices of income tax accounting, including compliance and tax planning strategies to legally minimize tax burdens. Learn about the current trends in ESG (Environmental, Social, Governance) reporting and the importance of ethical and transparent business practices. Solidify your learning through practical examples and case studies from companies like Walmart, Amazon, and Saudi Aramco. By the end of the course, you will have a thorough understanding of accounting foundations and will be equipped to use this knowledge effectively in various professional and personal settings.
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