This course provides an introduction to financial accounting. Topics include an overview of financial accounting, transaction analysis, and accounting entries; double-entry accounting systems; merchandising and inventory; internal control, cash, and receivables; long-lived assets and current liabilities; financial reporting concepts and accounting for partnerships; corporations; long-term liabilities; cash flow statement; investments; and financial statements analysis. At the end of the course, you will be able to fully understand fundamentals of Financial Accounting, use of Excel in Accounting and role of modern ERP system such as SAP.