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Financial Accounting

Course Overview

Financial Accounting is a self-study course equivalent to a college-level course in accounting. By focusing on understanding the concepts of net income and cash flow, the participant learns accounting fundamentals — skills critical to effective credit analysis. This course introduces the fundamental concepts and logic underlying the reporting of financial information.



15-35 hours


Self-Study (Paper-Based)

Program Level







Who Will Benefit?

Financial professionals who are starting formal credit training.


Learning Objectives

Upon completion of this course, learners will be able to:

  • Apply basic accounting concepts to be able to interpret customers' financial statements.
  • Understand the basics of cash flow—the critical element in determining ability to repay.
  • Analyze income statements and balance sheets within the context of a commercial lending environment.
  • Improve communications with customers, accountants, and other internal credit staff.
  • Analyze loans faster.


Financial Accounting contains six units. The course contains practice exercises throughout each section of the course with a series of problems for users to work through at the end of each unit. The problems at the end of each unit are generally more difficult than the exercises; they require participants to apply the concepts developed in each unit in a manner similar to that which will be used in analysis.

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