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Learner Reviews & Feedback for Liabilities and Equity in Accounting by Intuit

4.3
stars
652 ratings

About the Course

In this third course, you will learn about liability and equity accounts and its effect on the balance sheet. If you have mastered bookkeeping basics and understand accounting assets, you are ready to jump into Liabilities and Equity in Accounting. You will explore the various types of liability, including: current and long term, payroll, and sales tax. Additionally, you will learn about the equity portion of the accounting equation and how to account for changes in owner’s equity. By the end of this course, you will be able to: -Describe the three main characteristics of liabilities. -Demonstrate an understanding of the basic payroll accounting functions and tasks. -Compare and contrast the different types of equity -Use the accounting equation to describe the financial position of an organization. Courses 1 and 2 in the Intuit Bookkeeping Professional Certificate, or the equivalent, are recommended prerequisites for this course....

Top reviews

LL

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It was my favorite course however, the wording on the exams could be a bit confusing at times and the final assessment was a bit difficult for some reason.

Thank you.

AB

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As a hands on learner I really appreciate the practice that is provided through case studies and quick quizzes to test our knowledge as we progress through the course.

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26 - 50 of 189 Reviews for Liabilities and Equity in Accounting

By Tambra J

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Nov 23, 2021

There are errors on your tests/quizzes.

With regards to the last quiz you should chop up the quiz to ensure the student is making the correct progress. I felt like I was thrown into the deep end.

By Aaron M

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Oct 29, 2021

These courses have numerous material content and grading errors. There is no excuse for this kind of sloppiness.

By Scott M

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Sep 2, 2021

A good introduction that dives a bit deeper then you would expect in an online course. definately helps you understand core concepts in Liabilities and Equity and elaborates on what it means to understand these two concepts in bookkeeping and how they relate to you Financial Statements.

By Alison B

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Sep 17, 2022

As a hands on learner I really appreciate the practice that is provided through case studies and quick quizzes to test our knowledge as we progress through the course.

By Annette M

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Jul 9, 2021

Very informative, I learned a lot and was able to hone a few of my skills and pick up a few new ones with quickbooks online

By Nirav g

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Sep 16, 2022

course was amazing.

Answer in week 4 final quiz for question no.3 should be 150585.

By Vanessa G

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Aug 20, 2021

There are many practical examples, and the way they explain the concepts make it easy to understand. Althouhg, they need to improve the case studies, their spreadsheets and some calculations seem off.

By Daniel v R

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Nov 28, 2022

This course was quite good. It was interesting and engaging and it gave a great introduction to Liabilities and equities. I feel a lot more comfortable with the topic now. I also liked that they used practical examples in the course and it is integrated with the intuit app.

That being said I had two major issues: The Practice exercises and the case study at the end.

The Practice exercises at times had glitches (such as not being able to zoom in to see the document on one exercise and in another I was not able to load the second page).

The case study was exceptionally difficult and riddled with errors. It says, in the instructions, that there are some errors and we as the bookkeeper would have to solve it but some threw off the whole exercise for hours worth of corrections. The gap between the material and the final case studies was huge. I actually had to have some video lessons with a friend of mine who is a CPA and we struggled with it for 2-3 hours (so the course costed me double because I had to do video lessons haha.)

By Allison H

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Oct 28, 2022

For a course that has been available for over a year, there are still massive improvements that need to be made. Lots of errors in the quizzes and the case study at the end is honestly unworkable the way it is - almost drove me insane until I found that other people said the same thing. Also so many bugs with activities and videos. I've reported the issues & got a response that they were aware and working on it.....in prev reviews people mention the exact same issues so it's clear they are not making updates. Overall I guess it's worth what you pay for.

By E.L. S

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Jun 25, 2022

This course started off okay but by week 3 it was obviously rushed out the door. Learning modules have the wrong answers, the case study at the end of the course has had an incorrect spreadsheet to start from for over 8 months now and Intuit has not fixed it. Since this is a self-study course with no instructor, it is critical that the students are able to get feedback from the system or have decent examples to work from. This course did not have that. It is obviously not being maintained anymore.

By Kristen B

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Aug 3, 2022

Some technical issues. I took all 4 Bookkeeping courses. The cartoon teacher is a little condescending at times. I had a passing score on the last test of the last unit of the last section (13 correct out of 15 questions should have been a passing grade of at least 80%) but it still gave me a failing grade. It was the last day of my subscription, so I just unsubscribed. Frustrating and very disappointing I can't get that last (4th) certificate.

By Michelle

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Mar 7, 2023

I really don't feel like I learned the necessary information. After reviewing the lessons and doing and redoing the case study, I'm still pretty clueless on what they were trying to teach in this portion of the course. I never did get it to balance and I have absolutely no idea where I'm going wrong. Totally confused

By Arvin T

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Sep 22, 2023

There's a lot more errors and glitches than the past 2 courses. Again, no hands-on QuickBooks experience. Incorrect answers doesn't have any explanations at all. Kind of disappointing because this is offered by Intuit.

By Gretchen T

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Mar 4, 2022

Good course for filling in gaps from other more intense programs. You will learn a lot about terms, but I would not leave this program with the feeling that I could actually do bookkeeping tasks correctly, if at all.

By Villaflor H

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Oct 4, 2021

I learned a lot of new things. But there are too many mistakes. I got frustrated several times thinking that was me not knowing what I was doing and realizing there are many mistakes.

Other than that, it is good.

By Rio J

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Jan 14, 2022

Gives good information, but the final case study is confusing and unorganized.

By Ryan C

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Oct 27, 2021

Responsiveness from the staff is a slow to nonexistent.

By Jeffrey R

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Sep 12, 2022

I am too angry with this curriculum to write anything constructive at this time. The lack of quality/accuracy/usefulness of this material is scary since so many people use Intuit products to support their livelihoods. Instructors, your job is not to evade questions or answer with corporate responses like "We are looking into it", we know it is not happening. It does not take six months to fix a typo - I know, I wrote training material for a living, but it doesn't take six months. As an instructor, your job is to educate, to guide the learner through the subject. That means actively engaging in discussion and providing more definitive answers to questions. If there is an issue with a question in a quiz or lab, don't just browbeat the learner with some obscure platitude. Instead, since questions are tied to specific sections of the course, suggest to the student they go back to the supporting section for review.

Actually create a workbook that has the student apply the concepts taught in all the courses to doing the books for the same company. You kind of did it in the course presentations. This way, the student would have a consistent enviroment to work with eg common set of accounts to be used.

Review your instructions. They are not clear. They read like somebody rushed through typing something in without thinking about it. if your intending to have something broken in a worksheet, it is best to clearly indicate it, because it is clear that what is presented does not reflect real world. And for learners just starting, that isn't needed. I was shocked at the number of people tagged as unenrolled!

Drop the talking heads. It got so tiresome listening to people who I had no idea of who they were and their signficance the program. This is a subject that requires a lot of hands on practice to master. A workbook with lots of problems would have been a lot better. Also a talking animated character teaching/guiding through all these modules really dropped the credability of this material. Honestly what was presented by these people was no different than what I was reading in "Bookkeeping for Dummies".

By Theresa K

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Mar 21, 2023

This course was good for providing an overall view of the bookkeeping process, but there were many frustrations and errors throughout. Checking the forums for answers, I've found that the same problems with incorrect answers and incomplete information have persisted for years without being fixed. While the course did give me some knowledge, it gave me more anxiety than it was worth. I'm surprised that a company as big as Intuit would release such shoddy educational resources. I'm a good student so I persisted in figuring things out on my own, which caused a 1-hour case study to turn into 3 or 4 hours of work (maybe more). I feel bad for anyone who may have invested in this program but was unable to put in the time to research their own information just to complete this course. Even the meager $24.50 I spent was not worth the cost. I would not recommend anyone taking this as their intro to bookkeeping as it would probably discourage them enough to turn them off to the career choice.

By Krystin T

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May 23, 2023

EDIT: I found the missing information, but it wasn't clear to see for me at least. On the excel it has the three dotes next to the first tab and clicking that will reveal the information. Hope that helps!

The course itself is fine and informative, I learned a lot, but the case study? The case study is a hot MESS. I had to look for the MISSING information for the case study. Yes, pages of information are MISSING! I was able to finish it with a lot of trial and error and helpful tips from others, but you can't pass something if information is missing, it's just impossible.

I would have done one star, but I like Bianca too much. She is the real MVP and deserves the stars, but those quizzes and case studies? Not worth it.

By Lucas Q

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Apr 15, 2024

The course was okay, like the other peers already said, the case study which is the most value part made me stuck/frustrating and there are too many issues in the table. Surely the intuit won't review here my post. I just hope to heads up other people who also want to join this course. Good luck guys, and wish you becoming bookkeeper soon!

By Sarah M

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Jan 15, 2023

Needs a way to check your work. Needs the workbooks to not have incorrect info.

By Rais H

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Jun 3, 2024

Have a nice day, my teacher. Thank you for this course. This is nice work, teacher! I have completed this course, which is like full gratification! Employers appreciate these kinds of classes and can appreciate what's needed. I have developed during my learning. There is an opportunity to feature this project in my portfolio and add details to illustrate my rational thinking and skills. My recently completed course would look great on my profile. I appreciate you, and I am very grateful for the knowledge that you give to people.

By Dawna B

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Sep 28, 2022

Part of this course was a great tie in from previous courses. I found the final case study pretty easy with a few questions that were not quite clear and no way to really tell "why" it was incorrect. I did find a way to reach out to Intuit to hopefully get the tweaks to reach full understanding. The Case Studies are manual work which test your knowledge more fully. A software program will automate many of the steps for the debits and credits as long as you select the correct account.

By Riffet S

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Oct 20, 2022

It's the excellent source of learning aboout Liabilities and Equity including sales tax, payroll, Notes payable etc. Also the exam is really tough and prepare us for all the knowledge related to Accounting Equation. I love the way they teach us. I will now join the fourth course about bookkeeping. Hopefully it will be the same as I had learned the previous three.