About this course
Financial accounting is called the “language of business,” and for good reasons. An examination of a firm’s financial statements – which reflect the company’s performance – reveals a wealth of information about its history, current financial health, and future potential. This is why business leaders use accounting to communicate their organization’s financial information to potential investors, shareholders, lenders, and regulators. Financial accounting allows an organization’s leaders to make sound business decisions and helps investors better understand company value.
In this course, you will learn how to interpret and communicate financial statements so that you can speak confidently on indicators such as assets, liabilities, shareholders’ equity, and goodwill. This course will teach you how to interpret the three financial statements core to any business–the income statement, balance sheet, and statement of cash flows–and analyze how they reflect business decisions. By the end of this course, you will know how to use financial accounting as a strategic tool to understand and grow your business–and understand and outmaneuver your competitors.
What you’ll learn
- The impact of financial transactions on financial statements
- How to read and prepare balance sheets, income and cash flow statements
- How to use financial statements to understand the profitability and financial health of your organization
- How to choose between equity and debt to finance the growth of your firm

MicroMasters® in MBA Core Curriculum
Meet your instructor

Progyan Basu
Who can take this course?
Unfortunately, learners from one or more of the following countries or regions will not be able to register for this course: Iran, Cuba and the Crimea region of Ukraine. While edX has sought licenses from the U.S. Office of Foreign Assets Control (OFAC) to offer our courses to learners in these countries and regions, the licenses we have received are not broad enough to allow us to offer this course in all locations. edX truly regrets that U.S. sanctions prevent us from offering all of our courses to everyone, no matter where they live.
Program Overview
The exciting field of Cloud Computing has experienced explosive growth. This transformative technology has not only altered the way business operate, but it has also shaken up the traditional structure of the IT department and placed new demands on staff members who are faced with reinventing their own careers. With organizations rapidly moving their infrastructures and services to the cloud, jobs are growing at a breakneck pace, with many positions are left unfilled.
Gain an understanding of cloud technologies such as AWS, Azure, Google Cloud, OpenStack, and vSphere and how to leverage them to increase business productivity and effectiveness. In this Cloud Computing MicroMasters program, you will learn about Infrastructure As A Service (IaaS), Platform As A Service (PaaS), Software As A Service (SaaS), and other “X as a service” platforms. You will receive key foundational knowledge about legal and compliance issues, security and risk mitigation and how to follow industry standards and best practices. You will also gain hands-on experience in implementing, configuring and managing cloud technologies.
This applied, graduate-level program is designed for learners who want to enter or advance their careers in this exciting and well-paying field. IT professionals not already working with cloud technologies will gain a solid foundation while those with some cloud experience will gain a more in-depth understanding of other cloud technologies and other knowledge such as security, policy, and legal and compliance issues.
What you will learn
- Cloud computing foundations and models
- Types of cloud computing technologies (ie: AWS, Azure, IBM)
- Methods for managing a cloud computing adoption/migration project
- How to design a cloud computing infrastructure or service
- Deployment and configuration of cloud computing systems
- Insuring cloud security and mitigating risk
- SaaS, PaaS and IaaS and other service platforms
Courses in this program
1Cloud Computing for Enterprises
Course Details
2Cloud Computing Infrastructure
Course Details
3Cloud Computing Engineering and Management
Course Details
4Cloud Computing Security
Course Details
Meet your instructors

Charif El MaMouni

Jarrod Jordan

Patrick Appiah-Kubi

Jeff Tjiputra
Program endorsements
FAQs
Is there any way to reduce the time needed to take and pass the four online courses?
No. To earn the MicroMasters program certificate you need to successfully earn a verified certificate in all four Cloud Computing MicroMasters program courses when they are scheduled and then, pass the final, comprehensive proctored exam. The courses are on an instructor-paced schedule rather than self-paced, so there is no way to reduce the time to complete them.
Who can take this course?
Unfortunately, learners from Iran and Cuba will not be able to register for this course. While edX has received a licenses from the U.S. Office of Foreign Assets Control (OFAC) to offer courses to learners from these countries, our licenses do not cover this course. EdX truly regrets that US sanctions prevent us from offering all of our courses to everyone, no matter where they live.
How many credits will I be eligible for after completing the MicroMasters program certificate?
Learners who successfully earn the MicroMasters program certificate and are admitted into UMGC’s graduate school are eligible to earn up to 12 credits toward the Master’s degree (36 credits are required for graduation with the MS in Cloud Computing Architecture degree).
Who is the MicroMasters program intended for?
The Cloud Computing MicroMasters program is designed for individuals who want to develop theoretical and technical competencies required to design and manage cloud computing environment.
What is considered a passing grade in the MicroMasters program courses?
Students must achieve a grade of 80% or higher for a passing grade in each of the courses in the MicroMasters program.
May I take one of the courses even though I have not taken its prerequisite?
No. The program content and course projects are sequential allowing the learner to build on subsequent work. Completing the listed prerequisite courses is essential in order to be successful in the course work.
Will I earn a separate certificate for each course or just one for the entire MicroMasters program?
You will receive an individual verified certificate for each Cloud Computing MicroMasters program course that you pass as a verified student. Students passing the final capstone project review and all four Cloud Computing MicroMasters program courses on a verified track will receive a MicroMasters program certificate.
Along with the four Cloud Computing MicroMasters program courses and the final, comprehensive exam, are there any other requirements in order to be eligible for the UMGC Master’s Degree?
Yes. You need to be admitted to the Master’s program. The MicroMasters program certificate does not guarantee admission. The Learner will need to complete the application process to UMGC and meet all entrance requirements for The Graduate School. For more information visit: https://www.umgc.edu/admissions/admission-requirements/graduate-admissions.cfm
Do I need to be a verified student to earn the Cloud Computing MicroMasters program certificate?
Yes. If you are interested in the Cloud Computing MicroMasters program certificate, you must successfully pass and receive a verified certificate in each of the four Cloud Computing Program courses (CC605x, CC607x, CC615x, CC617x) as well as successfully pass the final, comprehensive proctored exam .
How long does a student have to apply to and complete the full UMGC degree?
To ensure that your program remains relevant and up-to-date, UMGC sets time limits for completing a program. Students have five (5) consecutive years from the start of the graduate degree to complete their degree. For students who start with a MicroMasters, their “time clock” begins on the date that they complete their last course in the MicroMasters program and receive their Verified Certificate. This means that students should apply to UMGC promptly to begin the degree and have as much time as possible to complete it.