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Il y a 2 modules dans ce cours
Master the fundamental building blocks of professional accounting that every successful business relies on for accurate financial reporting. Understanding GAAP principles and double-entry bookkeeping isn't just about following rules—it's about building the foundation for sound financial decision-making.This Short Course was created to help accounting professionals accomplish accurate financial record-keeping through systematic application of GAAP standards and double-entry principles. By completing this course, you'll be able to explain why specific GAAP principles govern transaction recording, connect accrual basis and matching principles to practical journal entries, and confidently prepare recurring entries, adjusting entries, and closing entries that maintain the accounting equation balance.By the end of this course, you will be able to:- Understand how key GAAP principles impact the recording of daily accounting entries- Apply double-entry bookkeeping principles to record various types of journal entriesThis course is unique because it bridges theoretical accounting standards with hands-on journal entry practice, showing you exactly how GAAP principles translate into the daily work of recording financial transactions with precision and regulatory compliance.To be successful in this project, you should have a background in basic business concepts and familiarity with financial statements.
Learners will master the foundational GAAP principles and their practical application in analyzing and recording business transactions accurately.
Inclus
2 vidéos2 lectures2 devoirs
Afficher les informations sur le contenu du module
2 vidéos•Total 13 minutes
GAAP Principles Matter for Every Business Decision•4 minutes
Core GAAP Principles in Daily Practice•8 minutes
2 lectures•Total 18 minutes
Understanding and Applying GAAP Principles in Business Scenarios•8 minutes
Transaction Analysis Using GAAP Guidelines•10 minutes
2 devoirs•Total 18 minutes
GAAP Principle Application Analysis•15 minutes
GAAP Principles Knowledge Check•3 minutes
Module 2: Double-Entry Journal Entry Applications
Module 2•1 heure à terminer
Détails du module
Learners will master the systematic application of double-entry bookkeeping to record recurring transactions, adjusting entries, and closing entries while maintaining accounting equation balance.
Inclus
1 vidéo2 lectures3 devoirs
Afficher les informations sur le contenu du module
1 vidéo•Total 9 minutes
Double-Entry Bookkeeping System Components•9 minutes
2 lectures•Total 20 minutes
Journal Entry Types and Accounting Equation Balance•10 minutes
Recording Journal Entries: From Basic to Closing Entries•10 minutes
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