UVA Darden Launches Financial Accounting MOOC

By Dave Hendrick

The University of Virginia Darden School of Business has launched a new massive open online course (MOOC), “Financial Accounting Fundamentals,” intended to introduce learners of all backgrounds to the fundamentals of financial accounting.

The five-week course, which starts 20 March, is taught by Darden Professor Luann Lynch and is available to an audience across the globe via the Coursera platform.

“This course offers the tools needed to understand a business bedrock: financial accounting,” said Lynch. “Whether you’re an investor, a small-business owner or just need help demystifying a unique financial language, this introductory course will offer practical solutions for immediate use.”

The course is grounded in the financial records of a fictional small business, and Lynch guides students through the three most commonly used financial statements: the balance sheet, the income statement and the statement of cash flows. Students go beyond recording transactions and learn how to both prepare financial statements and analyze them to draw basic conclusions about a company’s financial health.

Lynch, whose research interests include the design and impact of incentive and compensation systems, teaches the First Year Accounting course to Darden MBA students and an elective in management accounting to Second Year students. She is frequently lauded for her outstanding teaching:  She received the UVA Alumni Board of Trustees teaching award and was recognized as an outstanding professor in BusinessWeek’s guide to the best business schools, among other honors.

Darden has a wide array of online education offerings, including free MOOCs, Executive Education courses and on-demand webinars.

Since the launch of the first course in 2013, more than 1.1 million people across the world have participated in a Darden MOOC.

Register for the “Financial Accounting Fundamentals.”

About the University of Virginia Darden School of Business

The University of Virginia Darden School of Business prepares responsible global leaders through unparalleled transformational learning experiences. Darden’s graduate degree programs (MBA, MSBA and Ph.D.) and Executive Education & Lifelong Learning programs offered by the Darden School Foundation set the stage for a lifetime of career advancement and impact. Darden’s top-ranked faculty, renowned for teaching excellence, inspires and shapes modern business leadership worldwide through research, thought leadership and business publishing. Darden has Grounds in Charlottesville, Virginia, and the Washington, D.C., area and a global community that includes 18,000 alumni in 90 countries. Darden was established in 1955 at the University of Virginia, a top public university founded by Thomas Jefferson in 1819 in Charlottesville, Virginia.


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