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⇱ Apply Bookkeeping & Accounting for Financial Reporting | Coursera


Apply Bookkeeping & Accounting for Financial Reporting

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Apply Bookkeeping & Accounting for Financial Reporting

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Gain insight into a topic and learn the fundamentals.
4.6

11 reviews

Beginner level

Recommended experience

7 hours to complete
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
4.6

11 reviews

Beginner level

Recommended experience

7 hours to complete
Flexible schedule
Learn at your own pace

What you'll learn

  • Record transactions and post journal entries to ledgers accurately.

  • Perform bank reconciliations and apply core accounting principles.

  • Prepare and interpret income statements, balance sheets, and cash flows.

Details to know

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Recently updated!

February 2026

Assessments

12 assignments

Taught in English

There are 3 modules in this course

By the end of this course, learners will be able to record business transactions accurately, apply core accounting principles, post entries to ledgers, reconcile bank statements, and prepare and interpret key financial statements including income statements, balance sheets, and cash flow statements.

This course provides a practical and structured introduction to bookkeeping and accounting, designed for learners who want to build strong financial foundations. Starting with essential bookkeeping concepts and accounting rules, the course gradually guides learners through journal entries, ledger posting, and bank reconciliation before moving into financial statement preparation and cash flow analysis. Each concept is reinforced with worked examples and exercises to ensure real-world applicability. Learners will benefit by gaining hands-on skills that are directly applicable to small businesses, startups, and entry-level accounting or finance roles. The course emphasizes clarity, logical flow, and practice-based learning rather than theory alone. What makes this course unique is its end-to-end coverage of the accounting cycle in a beginner-friendly yet professional format. By combining conceptual understanding with practical exercises, the course enables learners to confidently apply bookkeeping and accounting skills in real business scenarios.

This module introduces learners to the fundamentals of bookkeeping and accounting, covering core concepts, accounting methods, golden rules, and the process of recording financial transactions through journal entries.

What's included

7 videos4 assignments

7 videosβ€’Total 61 minutes
  • Introduction to BookKeepingβ€’2 minutes
  • Overview of the Contentβ€’3 minutes
  • Bookkeeping and Accountingβ€’6 minutes
  • Methods of Accountingβ€’13 minutes
  • Golden Rules of Accountingβ€’12 minutes
  • Journal Entry Concept and Exampleβ€’12 minutes
  • Exercise - Solving a Journal Entryβ€’13 minutes
4 assignmentsβ€’Total 60 minutes
  • Foundations of Bookkeeping & Accountingβ€’30 minutes
  • Getting Started with Bookkeepingβ€’10 minutes
  • Core Accounting Conceptsβ€’10 minutes
  • Journal Entries in Practiceβ€’10 minutes

This module focuses on organizing and verifying financial records by posting journal entries into ledger accounts, balancing accounts, and reconciling differences between cash books and bank statements.

What's included

6 videos4 assignments

6 videosβ€’Total 54 minutes
  • Understanding Ledgerβ€’10 minutes
  • How Transactions are Posted in Ledgersβ€’8 minutes
  • Exercise - Solving a Ledger Questionβ€’9 minutes
  • How to Post Ledger Entriesβ€’8 minutes
  • Understanding Bank Reconciliation Statementβ€’13 minutes
  • Exercise - Solving a BRS Questionβ€’6 minutes
4 assignmentsβ€’Total 60 minutes
  • Recording Transactions & Reconciliationβ€’30 minutes
  • Understanding Ledgersβ€’10 minutes
  • Posting Ledger Entriesβ€’10 minutes
  • Bank Reconciliation Essentialsβ€’10 minutes

This module enables learners to prepare and interpret key financial statements, including income statements, balance sheets, and cash flow statements, to assess business performance and liquidity.

What's included

8 videos4 assignments

8 videosβ€’Total 64 minutes
  • Single Step Income Statementβ€’9 minutes
  • Multiple Step Income Statementβ€’7 minutes
  • Balance Sheetβ€’8 minutes
  • Balance Sheet Continueβ€’10 minutes
  • Cash Flow and its Direct Methodβ€’10 minutes
  • Indirect Method of Cash Flowβ€’6 minutes
  • Exercise - Cash Flow β€’8 minutes
  • Exercise - Cash Flow Continueβ€’6 minutes
4 assignmentsβ€’Total 60 minutes
  • Financial Statements & Cash Flow Analysisβ€’30 minutes
  • Income Statements Explainedβ€’10 minutes
  • Balance Sheet Fundamentalsβ€’10 minutes
  • Cash Flow Statements in Actionβ€’10 minutes

Instructor

EDUCBA
1,591 Coursesβ€’326,930 learners

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Showing 3 of 11

BN
Β·

Reviewed on May 21, 2026

I appreciated the focus on GAAP standards. It’s hard to find a course that balances basic bookkeeping with high-level reporting so well. A must-have for any small business owner.

RS
Β·

Reviewed on May 19, 2026

This course transformed my resume and my confidence. I can now actively participate in high-level financial reporting discussions rather than just sitting quietly on the sidelines of meetings.

TS
Β·

Reviewed on May 10, 2026

This course covers everything from basic journal entries to sophisticated financial disclosures. It’s a complete roadmap for anyone aiming to master the accounting field.

Frequently asked questions

To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.

When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.

Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

Financial aid available,