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No previous bookkeeping or accounting experience required. Accounting Concepts and Measurement Introduction to Accounting The Accounting Principle Accounting Equation Summary Double Entry Accounting Introduction and Overview Cash-Basis Accounting Accrual Method of Accounting Hybrid Accounting Accounting Methods in QuickBooks Online Define accounting and the concepts of accounting measurement. Summarize the double entry accounting method....

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Students are introduced to the field of financial accounting through defining the foundational activities, tools, and users of financial accounting. Students learn to use the accounting equation and are introduced to the four major financial statements. Financial Accounting Basics The Accounting Equation & Financial Statements The Accounting Equation & Financial Statements...

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But, being rather an accounting overview, it focuses on the issues that are most relevant and important for effective valuation of investment projects. You will see how financial concepts (present values) are used in accounting for bond premium/discount amortization. Finally, an overview of the accounting approach to taxes is provided. Operational assets – types and accounting approach...

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In this second course, you will dive deeper into the world of bookkeeping and focus on accounting for assets. Accounting Concepts and Measurement Introduction to Accounting for PP&E Life Cycle Accounting for PP&E Life Cycle Purchases Demo Accounting for PP&E Disposition Demo Accounting for Leased Equipment Demo Assets in Accounting Case Study...

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• Explain what are good governance practices and how accounting contributes to such, for both performance and conformance purposes Accounting and Business Welcome to the first module of this course! In this module, You will learn (1) what accounting is and (2) how it contributes to the health and growth of a business and, in turn, the society....

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You will also learn about the accounting cycle, posting transactions, accrual accounting, and cash accounting. Accrual Accounting vs. Cash Accounting In this module we will introduce and learn to differentiate between cash accounting and accrual accounting. Accrual Accounting vs. Cash Accounting Cash Accounting Examples Accrual Accounting Activity Accrual Accounting Practice Assessment...

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Module 4: Lease Accounting Part 1 In this module, you will be introduced to the recently issued lease accounting standards issued by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board). Accounting for Leases: An Overview Lessee Accounting for a Finance Lease Lessor Accounting for a Sales-type Lease...

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If you have mastered bookkeeping basics and understand accounting assets, you are ready to jump into Liabilities and Equity in Accounting. Liabilities and Equity in Accounting Recap of the Accounting Equation Accounting Errors Payroll and the Accounting Equation Loans and the Accounting Equation Changes in Equity - The Accounting Equation Liabilities and Equity in Accounting Case Study...

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While knowledge on technical aspects of financial accounting is not necessary to understand and interpret financial statements, this knowledge is critical to be able to understand advanced topics in accounting. Module 1: Introduction to Financial Accounting Terminology Accounting is the language of business. Module 2: Formal Financial Accounting for Assets Module 3: Formal Financial Accounting for Liabilities and Shareholders’ Equity...

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Financial Accounting is often called the language of business; it is the language that managers use to communicate the firm's financial and economic information to external parties such as shareholders and creditors. In this first session, I'll give you an overview of what accounting is all about and why it's important to have a basic proficiency in this "language....

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