📘 Accounting Resources

Learn the language of business — from journal entries to financial statement analysis. These resources help you understand accounting from both a U.S. GAAP and IFRS perspective, essential for analysts, investors, and business owners.

📄 Financial Statements Explained

Understand the structure and purpose of the three core financial statements — the Balance Sheet, Income Statement, and Cash Flow Statement. Learn how they connect, how to read them, and how companies use them to communicate financial performance.

  • 📊 Balance Sheet: Assets, Liabilities, and Equity
  • 💰 Income Statement: Revenue, Expenses, and Profitability
  • 🔁 Cash Flow Statement: Operating, Investing, and Financing activities
→ Read more on Financial Statement Analysis

🌍 GAAP vs IFRS Fundamentals

Compare the two most widely used accounting frameworks — U.S. GAAP and IFRS. Discover their conceptual differences, recognition criteria, and presentation rules for assets, liabilities, and revenue.

  • U.S. GAAP: Rules-based, standardized by FASB
  • IFRS: Principles-based, standardized by IASB
  • Convergence trends between GAAP & IFRS
→ View GAAP vs IFRS Comparison Chart

📊 Ratio Analysis & Interpretation

Learn how to interpret financial health using key ratios from a company’s statements. Ratio analysis transforms raw data into actionable insights for valuation, performance, and risk assessment.

  • Liquidity Ratios (Current, Quick)
  • Profitability Ratios (ROE, ROA, Margin)
  • Leverage Ratios (Debt-to-Equity, Interest Coverage)
→ Explore Ratio Analysis Examples

💡 Auditing & Internal Controls Basics

Auditing ensures the accuracy of financial statements and strengthens trust in corporate governance. Internal controls safeguard assets and prevent fraud.

  • Types of audits: Internal, External, and Forensic
  • Key internal control components (COSO framework)
  • Ethics, independence, and audit opinions
→ Learn more about Audit Procedures

📚 Expand Your Knowledge

Explore our recommended learning materials to master accounting and financial reporting:

🎓 Recommended Books

  • Financial Accounting by Weygandt, Kimmel, & Kieso
  • Intermediate Accounting by Kieso & Warfield
  • Auditing & Assurance Services by Arens & Elder

🧠 Online Courses

  • Coursera: Introduction to Financial Accounting (Wharton)
  • edX: IFRS Certification Course
  • LinkedIn Learning: Accounting Foundations