Certified Financial Manager (2026) - 1. Financial Accounting Part 5: Equity and Revenue

This is Part 1 of the Financial Accounting course for the nationally accredited Financial Manager certification exam. It covers financial reporting, International Financial Reporting Standards, and the presentation of financial statements. Learners will study the theories and conceptual framework of financial accounting under the Korean International Financial Reporting Standards (K-IFRS), along with key topics such as financial statement presentation and events after the reporting period. This course is suitable for learners seeking to build practical skills in financial management and prepare for the certification exam.

This course covers the Investment Property and Financial Assets units of the Financial Accounting section of the Certified Financial Manager qualification exam. It explores the theory and accounting practices under the Korean International Financial Reporting Standards (K-IFRS) and develops the financial accounting skills needed in professional practice. You can systematically study the key topics needed to prepare for the exam.

This course covers inventory, tangible assets, and intangible assets in the financial accounting section of the Certified Financial Manager exam. It addresses the accounting principles and calculation methods for each asset under Korean International Financial Reporting Standards (K-IFRS). It will help accounting professionals who hold an Accounting Manager certification and candidates preparing for the Certified Financial Manager exam strengthen their financial accounting skills.

Do you know how to read financial statements but still find it difficult to determine which companies are good? It is difficult to truly understand a company simply by calculating figures such as PER, PBR, debt-to-equity ratio, and operating profit margin. What matters is not just how large or small the numbers are, but understanding why they turned out that way. For many years, I analyzed and evaluated companies at financial institutions, reviewing countless financial statements. Through that experience, I came to realize that the key to corporate analysis is not memorizing numerous financial ratios, but understanding the characteristics of the industry and business and identifying a company’s profit structure and risks from changes in the figures in its financial statements. The current lecture materials are also structured around the perspective that a company’s environment and management decisions are reflected in its financial statement figures through its asset structure, capital structure, and cost structure. In this lecture, we will not study financial statements by memorizing them from beginning to end. Instead, from the perspective of actual corporate analysis, I will explain how to distinguish business risk from financial risk, why the figures you need to examine differ depending on the industry, and how a company’s cost structure and leverage change its profits and risks.

We'll take a very practical and easy approach to cost accounting and management analysis using Excel, which you may have found difficult before. This course covers the following topics: - Cost Accounting from Basics to Practice: Step-by-step learning from cost concepts, standard costs, actual costs, to indirect cost allocation - Understanding Financial Statements and Accounting Flow: From manufacturing cost flow to accounting treatment and financial statement generation process - Strategic Pricing Methods: Pricing strategies by market type and profitability analysis by product - Analyzing Management Indicators with Excel: Break-even point analysis and financial ratio analysis practice - Management Decision-Making Based on Management Accounting: Short-term/long-term business planning and business feasibility analysis practice

We approach cost accounting and management analysis, which you may have found difficult, in a very practical and easy way using Excel. This course covers the following topics: - Cost Calculation from Basics to Practice: Step-by-step learning from cost concepts, standard costs, actual costs, to indirect cost allocation - Understanding Financial Statements and Accounting Flow: From manufacturing cost flow to accounting processing and financial statement creation process - Strategic Pricing Methods: Pricing strategies by market type and profitability analysis by product - Analyzing Management Indicators with Excel: Break-even point analysis and financial ratio analysis practice - Management Decision-Making Based on Management Accounting: Short-term/medium-to-long-term business planning and business feasibility analysis practice

We take a practical and easy approach to cost accounting and business analysis—topics that often feel difficult—by utilizing Excel. This course covers the following topics: - From Cost Accounting Basics to Practice: Step-by-step learning from cost concepts to standard costing, actual costing, and overhead allocation. - Understanding Financial Statements and Accounting Flows: From manufacturing cost flows to accounting treatments and the financial statement preparation process. - Strategic Pricing Methods: Pricing strategies by market type and profitability analysis by product. - Analyzing Business Indicators with Excel: Hands-on practice with break-even point (BEP) analysis and financial ratio analysis. - Management Decision-Making Based on Managerial Accounting: Hands-on practice with short-term/long-term business planning and feasibility analysis.

An essential course for future founders & business owners daunted by taxes! It's organized around practical application, from business registration to labor cost processing and VAT filing.