This course introduces the fundamentals and essential concepts of Financial Reporting and Management Accounting. The first part of the course covers the key concepts for Financial Accounting. Financial accounting revolves around the preparation and understanding of financial statements, including income statements, and balance sheets which help management and other stakeholders understand the state of affairs within an organization. The course then shifts focus into internal decision-making with an introduction to Management Accounting. Managerial Accounting provides management with information, analysis, and reports that support management's decision-making.