Understanding the Basics of Financial Accounting

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Are you interested in learning about finance and accounting, but don’t have a financial background? Learn the basics from Columbia Business School’s Doron Nissim, the Ernst and Young Professor of Accounting and Finance, who will introduce you to the key principles of financial accounting and the primary financial statements reported by companies.

You’ll walk away with an understanding of:

• The objectives, uses, and products of financial accounting
• Key accounting assumptions, considerations, and constraints
• Accrual accounting (the accounting basis used by companies) versus cash accounting

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Excellent exposition of the subject! Thanks Dr. Nissim

YeonZhenWei
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thank you! more videos like this please!

neilaggerwhil
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Superb explanation, no one teach me this in my life in such detailed way,
Thanks to Columbia b school and youtube

prashant
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sir i dont understand bank reconciliation statement

fortunekoko