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Financial Accounting (Topic Outline)


Topic Outline

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Read our Explanation (1 Part) Free

Our Explanation of Financial Accounting introduces some of the basic accounting concepts and how they affect the income statement, balance sheet, and other financial statements.

Part 1Introduction to Financial Accounting, Double Entry and the Accrual Basis of Accounting, Accounting Principles, Financial Statements, Financial Reporting, Financial Accounting vs. "Other" Accounting
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This 20-question quiz is a fast way to assess your understanding of the Financial Accounting Explanation.

Review our Q&A Free

We've answered 113 popular questions related to the topic Financial Accounting. Review them all or use the search box found at the top of each page of our website for your specific questions.

Solve our Crossword Puzzle Free

We created this crossword puzzle for you to learn, review, and retain terminology for the topic Financial Accounting in a more fun format.

Review our Cheat Sheet

Our Financial Accounting Cheat Sheet introduces some of the basic accounting concepts and how they affect the income statement, balance sheet, and other financial statements.

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Earn Badges and Points
Certificate - Debits and Credits
Certificate - Adjusting Entries
Certificate - Financial Statements
Certificate - Balance Sheet
Certificate - Income Statement
Certificate - Cash Flow Statement
Certificate - Working Capital
Certificate - Financial Ratios
Certificate - Bank Reconciliation
Certificate - Payroll Accounting

About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on

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Certificates of

Certificates of Achievement

We now offer 10 Certificates of Achievement for Introductory Accounting and Bookkeeping:

  • Debits and Credits
  • Adjusting Entries
  • Financial Statements
  • Balance Sheet
  • Income Statement
  • Cash Flow Statement
  • Working Capital and Liquidity
  • Financial Ratios
  • Bank Reconciliation
  • Payroll Accounting
Badges and Points
  • Work towards and earn 30 badges
  • Earn points as you work towards completing our course
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