About this Course
On this second course, you’ll dive deeper into the world of bookkeeping and deal with accounting for property. In case you are acquainted with bookkeeping fundamentals, akin to double entry accounting, you might be prepared for this course. You’ll acquire an understanding of widespread asset sorts, learn to account for stock, calculate price of products offered, and work with Property, Plant, and Gear (PP&E). Upon finishing this course, you’ll use your new data of property to document transactions and produce monetary statements for more and more advanced enterprise conditions.
WHAT YOU WILL LEARN
Summarize the widespread sorts of property a enterprise might have.
Describe the significance of management over stock.
Define how depreciation expense is reported on an earnings assertion.
Illustrate how transactions might be recorded by way of the ensuing change within the components of the accounting equation.
SKILLS YOU WILL GAIN
- Accounts receivable and money receipts
- Stock costing strategies
- PP&E Accounting
- Asset Accounting
- Depreciation
Syllabus – What you’ll study from this course
5 hours to finish
Accounting Ideas and Measurement
On this module, you’ll start to work with property and perceive find out how to account for gross sales, notes receivable, and uncollectible accounts.
4 hours to finish
Stock Accounting Strategies
On this module, you’ll find out about stock accounting strategies, together with price of products offered, costing strategies, and administration methods.
5 hours to finish
Property and Gear
On this module, you’ll learn to work with plant, property, gear, depreciation of property, and the implications of kit leases.
5 hours to finish
Making use of Accounting Ideas and Information
On this module, you’ll apply your data of accounting ideas to determine how numerous transactions and property impression the steadiness sheet and earnings assertion.
0 Comments