Financial Accounting represents the fuel that keeps a business operating. To achieve transparency, improved profitability and data-driven decision-making, every company must place Financial Accounting at the heart of their business, as it enables professionals to reach a better control of their business’ finances and, therefore, improve its profitability. A reliable management of a company’s finance will help every business entrepreneur to accomplish a better understanding of their gross and operating profit margins, as well as a better cost control.

The purpose of this course is to provide students with the basic knowledge of financial accounting that will allow them to construct and analyze financial statements using generally accepted accounting principles. Accounting is the “language of business”, and students shall become sufficiently fluent in this language as to understand the financial condition and the performance of a business by reading its financial statements.