Brief Introduction
Explore the core resources, obligations and performance or a reporting firm.
Description
This course begins with an explanation of the role of adjustments in accrual accounting and covers the difference between explicit and implicit transactions. We’ll look at the components of a Classified Balance Sheet and learn how to prepare a Classified Balance Sheet as well as a Multiple-step Income Statements.
This course also looks at revenue recording and revenue measurement issues and teaches how to estimate bad debts using the allowance method.
We’ll wrap up the course with a look at the concept of the statement of cash flows and learn how to distinguish among Cash flow from Operations, Financing and Investing.
This course is part 2 of the New York Institute of Finance’s Financial Accounting Professional Certificate.
Knowledge
- Accrual Accounting & Statement Format
- Accounting for Sales
- Cash Flow
Ace the Energy Risk Professional (GARP) Exam
- 3.8
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Certified Exam Preparation Provider by GARP Energy - More important than ever right now! Some economists say that the GDP of a country is directly proportional to its energy consumption....
Reporting Firm Resources, Obligations and Performance
- 0.0
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Explore the core resources, obligations and performance or a reporting firm. This course is part 2 of the New York Institute of Finance’s Financial Accounting Professional Certificate....
Financial Accounting Professional Certificate Examination
- 0.0
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Complete the required exam to earn your Professional Certificate in Financial Accounting from the New York Institute of Finance. The exam comprises 30 questions, timed at 60 Minutes....
More on Change and Sustainability
- 4.8
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This is Class 2 of the MOOC Specialization, Become a Sustainable Business Change Agent. You will also learn more about green design and sustainability reporting....
