UPDATED 2024: Accounting concepts are difficult to grasp, but learning in a true-to-life setting helps solidify the different functions and methods. That’s why Financial and Managerial Accounting casts you as an intern for Tsong Hua, the International Accounting Director for Central Products. In this in-depth course, you’ll take a look at balance sheets, income statements, cash flow statements, and other financial reporting documents. But you’ll also explore managerial accounting concepts like data auditing, budgeting, differentials and financial planning. Through these lessons, you’ll begin to understand how the two sides of the accounting profession come together to prepare an organization for growth, especially through careful study of assets, liabilities and equities. Course Type: Business Simulation. Worth 26 RCHs (APA).