Course Description

This introductory course covers the basic concepts of financial accounting. Special emphasis is placed on the interpretation of financial statements and the computation of basic cost and financial relationships for external reporting management purposes. The following pertinent concepts will be introduced:

  • Financial ratios
  • Balance sheet
  • Income statement
  • Statement of cash flows
  • Assets/liabilities
  • Stockholders' equity

Course Objectives


Upon completion of this course, successful students will be able to:

  • Describe the basic concepts of financial accounting.
  • Explain basic concepts relating to: financial ratios, balance sheets, income statements, statement of cash flows, assets/liabilities, stockholders’ equity.
  • Construct basic financial statements such as a balance sheet, income statement, and statement of cashflows and understand how each is linked.



This course is an open enrollment course. No application is required and registration is available by clicking "Add to Cart." Current students must register with their Georgetown NetID and password. New students will be prompted to create an account prior to registration.
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