Project Integration Mngt
Why is Financial Accounting Important?
USD 10.00
Learning Objectives:
After completing this course, you should be able to:
After completing this course, you should be able to:
- Define "financial accounting".
- Understand the connection between financial accounting and the communication of information.
- Explain the importance of learning to understand financial accounting.
- List decisions that an individual might make about an organization.
- Differentiate between financial accounting and managerial accounting.
- Provide reasons for individuals to be interested in the financial accounting information supplied by their employers.
- Define "incorporation".
- Explain the popularity of investing in the capital stock of a corporation.
- Discuss the necessity and purpose of a board of directors.
- List the potential benefits gained from acquiring capital stock.
- List the predictions that investors and potential investors want to make.
- List the predictions that creditors and potential creditors want to make.
- Distinguish financial accounting information from other types of data about a business organization.
- Explain how financial accounting information is enhanced and clarified by verbal explanations.
Other course details:
- This is an introductory course that does not require any prerequisite.
- This course can be taken on a standalone basis.
- This course is chapter 1 in the book titled "Financial Accounting".
- It provides 2 PDU (Technical skill) towards your PMP professional development education.
Course Features
Credits:
2 PDU
Skill section:
Technical
Access:
Lifetime
Test questions:
15