Completing the Accounting Cycle

  • 4.6
Approx. 10 hours to complete

Course Summary

Learn the accounting cycle from start to finish in this comprehensive course. Gain a practical understanding of the steps involved in recording and reporting financial transactions.

Key Learning Points

  • Understand the basics of accounting and the accounting cycle
  • Learn how to record financial transactions and create financial statements
  • Gain practical skills and knowledge to help you in your career

Related Topics for further study


Learning Outcomes

  • Create and analyze financial statements
  • Understand the accounting cycle and its importance
  • Gain practical skills and knowledge to help you in your career

Prerequisites or good to have knowledge before taking this course

  • Basic math skills
  • Familiarity with Excel

Course Difficulty Level

Beginner

Course Format

  • Online
  • Self-paced
  • Video lectures
  • Quizzes

Similar Courses

  • Financial Accounting Fundamentals
  • Introduction to Bookkeeping

Related Education Paths


Related Books

Description

Students prepare statements relevant to year end accounting processes synthesizing what they have learned in the previous two courses. Specific topics include adjusting entries, closing entries (with a focus on the adjustment to retained earnings), the preparation of an income statement, retained earnings statement, and a balance sheet, and the procedure for recording the four closing entries. Students will also learn how to prepare the post-closing trial balance.

Outline

  • Adjusting Entries & Adjusted Trial Balance
  • Adjusting Entries & Adjusted Trial Balance Part I
  • Adjusting Entries & Adjusted Trial Balance Part II
  • Adjusting Entries & Adjusted Trial Balance Part III
  • Adjusting Entries & Adjusted Trial Balance Walkthrough
  • Adjusting Entries & Adjusted Trial Balance Activity
  • Supplementary Readings
  • Adjusting Entries & Adjusted Trial Balance Practice Assessment
  • Adjusting Entries & Adjusted Trial Balance Assessment
  • The Worksheet
  • The Worksheet Part I
  • The Worksheet Part II
  • The Worksheet Activity
  • Supplementary Readings
  • The Worksheet Practice Assessment
  • The Worksheet Assessment
  • Creating & Analyzing Financial Statements
  • Creating & Analyzing Financial Statements I
  • Creating & Analyzing Financial Statements II
  • Creating & Analyzing Financial Statements Walkthrough
  • Creating & Analyzing Financial Statements Activity
  • Supplementary Readings
  • Creating & Analyzing Financial Statements Practice Assessment
  • Creating & Analyzing Financial Statements Assessment
  • Closing Entries & The Post-Closing Trial Balance
  • Temporary and Permanent Accounts
  • Closing Entries & The Post-Closing Trial Balance
  • Closing Entries & The Post-Closing Trial Balance Walkthrough
  • Copy of Creating & Analyzing Financial Statements Activity
  • Supplementary Readings
  • Closing Entries & The Post-Closing Trial Balance Practice Assessment
  • Closing Entries & The Post-Closing Trial Balance Assessment

Summary of User Reviews

Discover the accounting cycle with Coursera's comprehensive course. The course has received positive reviews from students who have found it to be informative and engaging. Many users have praised the course for its practical approach to accounting.

Key Aspect Users Liked About This Course

Practical approach to accounting

Pros from User Reviews

  • Informative content
  • Engaging lectures
  • Easy to follow
  • Helpful quizzes
  • Great for beginners

Cons from User Reviews

  • Some sections can be repetitive
  • Limited interaction with instructors
  • Not in-depth enough for advanced learners
  • No hands-on experience
  • No certificate for free users
English
Available now
Approx. 10 hours to complete
Andrea Eliassen
University of California, Irvine
Coursera

Instructor

Andrea Eliassen

  • 4.6 Raiting
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