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Confused by balance sheets, income statements, or debits and credits? Get accounting concepts broken down step-by-step to build confidence for assignments and exams.

Brian Krogol

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1. Introduction to Accounting

2. Transaction Analysis

3. Accrual Accounting Concepts

4. Merchandising Operations

5. Inventory

6. Internal Controls and Reporting Cash

7. Receivables and Investments

8. Long Lived Assets

9. Current Liabilities

10. Time Value of Money

11. Long Term Liabilities

12. Stockholders' Equity

13. Statement of Cash Flows

14. Financial Statement Analysis

15. GAAP vs IFRS

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This Financial Accounting study guide covers liquidity, solvency, profitability ratios, conceptual framework, and essential exam tips for success.

Financial Accounting Study Guide: Key Ratios & Concepts

Financial Accounting: Chapter 3 – Financial Statement Elements, Ratio Analysis, and Conceptual Framework

Financial Accounting: Chapter 3 – Financial Statement Elements, Ratio Analysis, and Conceptual Framework

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Introduction to Ratios

Ratios: Earnings Per Share (EPS)

Ratios: Price-Earnings Ratio (PE Ratio)

Ratios: Working Capital and the Current Ratio

Ratios: Debt to Asset Ratio

Ratios: Debt to Equity Ratio

Fundamental Accounting Equation

The Financial Statements