Taking a course like Introduction to Financial Accounting helps in Financial Reporting and Analysis?

I have learned that Financial Reporting and Analysis is one subject that appears to be the most difficult for people from Non Finance/Commerce background because it heavily draws from Accountancy.
I want to fill the gaps because I am also not from the Finance Background.
I have come across a course on www.coursera.org on Introduction to Financial Accounting , would be helpful If I take it.

Should I be taking such a course , will it function like a precursor to Financial Reporting and Analysis for Level 1?

The topics covered in the course are :

Introduction and Balance Sheet
1.1: Financial Reporting Overview
1.2.1: Balance Sheet Equation
1.2.2: Assets, Liabilities, and Stockholders' Equity
1.3.1: Debit and Credit Bookkeeping I
1.3.2: Debit and Credit Bookkeeping II
1.4.1: Relic Spotter Case, Part 1
1.4.2: Relic Spotter Case, Part 2
1.5: 3M Company: Tour of an Annual Report (10:06)

Accrual Accounting and the Income Statement
2.1.1: Revenues and Expenses
2.1.2: Relic Spotter Case, Part 3
2.2.1: Adjusting Entries
2.2.2: Adjusting Entries II
2.2.3: Relic Spotter Case, Part 4
2.3: Financial Statements and Closing Entries
2.4: 3M Company: Income Statement and Balance Sheet

Cash Flows
3.1.1: Operating, Investing, and Financing Cash Flows
3.1.2: Relic Spotter Case, Part 5
3.2.1: Statement of Cash Flows
3.2.2: Relic Spotter Case, Part 6
3.3.1: More SCF Topics and EBITDA
3.3.2: Cash Flow vs. Earnings vs. EBITDA Examples
3.4: 3M Company: Cash Flows

Working Capital Assets
4.1.1: Accounts Receivable
4.1.2: Estimating Uncollectible Accounts
4.2: Accounts Receivable Disclosure Example
4.3.1: Inventory
4.3.1: Inventory
4.3.2: LIFO vs. FIFO
4.4: Inventory Disclosure Example
4.5: 3M Company: Accounts Receivable and Inventory

Ratio Analysis
5.1: Overview of Ratio Analysis
5.2: Plainview Technology Case, Part 1
5.3: Plainview Technology Case, Part 2
5.4: Plainview Technology Case, Part 3
5.5: 3M Company: Ratios

Long-lived Assets and Marketable Securities
6.1.1: Tangible Assets I
6.1.2: Tangible Assets II
6.2: Intangible Assets and Goodwill
6.3: Long-lived Assets Disclosure Example
6.4.1: Marketable Securities I
6.4.2: Marketable Securities II
6.5: Marketable Securities Disclosure Example
6.6: 3M Company: Long-lived Assets & Marketable Securities

Liabilities and Long-term Debt
7.1.1: Time Value of Money: Future Value
7.1.2: Time Value of Money: Present Value
7.1.3: Time Value of Money: Annuities
7.2.1: Long-Term Debt and Bonds I
7.2.2: Long-Term Debt and Bonds II
7.3: Leases (28:33)
7.4: 3M Company: Long-Term Debt and Leases

Deferred Taxes

8.1: Income Taxes: Overview and Terminology
8.2.1: Deferred Tax Liabilities
8.2.2: Deferred Tax Assets and Tax Rate Changes
8.3: Valuation Allowances and NOLs
8.4: Income Tax Disclosure Example
8.5: Taxes, SCF, and Marketable Securities
8.6: 3M Company: Income Taxes

Shareholders' Equity

9.1: Share Issuances and Repurchases
9.2: Dividends, Splits, and AOCI
9.3: Stock-based Compensation
9.4: Earnings Per Share
9.5.1: Contributed Capital Disclosure Example
9.5.2: Stock-based Compensation Disclosure Example
9.6: 3M Company: Shareholders' Equity

Financial Statement Analysis

10.1: FSA I: Business, Strategy, and Competitive Environment
10.2: FSA II: Growth and Earnings Performance
10.3: FSA III: Cash Flow and Ratios
10.4: FSA IV: Investing and Financing Activities