By Robert Steele | in Online Courses
This partnership course will focus on the accounting issues that are different in a partnership as compared to other types of entities like a sole proprietorship or corporations. It defines what a partnership is and comparing the characteristics of a partnership with other business entities. The course will discuss the process for setting up a new partnership, typically starting with the partners contributing capital to the partnership, requiring us to record the contribution and the capital accounts. It will also cover the processes in a partnership, from formation up to liquidation or closing process.
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By Robert Steele | in Online Courses
This course will concentrate on nongovernmental not-for-profit organizations. However, it will also discuss the differences between the nongovernmental not-for-profit organizations and governmental not-for-profit organizations. It will also discuss accounting concepts for both governmental and nongovernmental organizations related to health care and colleges. You'll learn what a not-for-profit org is and cover regulation, taxation, and performance issues. You will then get into the details of accounting as well as the recording of transactions. The course will present example problems and will then provide practice Excel worksheets and step-by-step instructional videos so learners can apply what they have learned.
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By Robert Steele | in Online Courses
Governmental Accounting 100 will discuss the governmental accounting objectives and reporting requirements, comparing them to for-profit entities. The course will assume you are familiar with for-profit accounting and will, therefore, focus on the areas of governmental accounting that are different, although you will continue to work with core concepts like the double-entry accounting system. The course will explain and analyze governmental operating statement accounts & budgetary accounts. Learners and the instructor will record transactions for encumbrances, expenditures, & delinquent receivables. You will also learn tax anticipation notes, subsidiary ledgers, and a lot more.
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By Robert Steele | in Online Courses
Managers often need to make decisions that are not routine, not part of the normal day-to-day process, and that can have a long-term effect on the organization. Although the specifics of each decision differ, the concept of relevant costs helps us put together a process for gathering and analyzing data, picking up the information that matters, and removing all the excess data that does not matter to our decision. Understanding relevant costs will reduce the likelihood of making incorrect decisions based on a sunk cost effect or not taking into account opportunity costs. This course will help you analyze several managerial accounting questions and the decision-making process using relevant costs.
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By Robert Steele | in Online Courses
The course will cover general managerial accounting concepts necessary to study responsibility accounting, comparing and contrasting managerial accounting and financial accounting. It will explain what a responsibility accounting system looks like and the benefits of a responsibility accounting system. The course will discuss the categorization of costs between direct costs and indirect costs and why this categorization between direct and indirect is useful for reporting financial data by department. It covers allocating indirect costs, departmental income statements, and more. You will also complete a comprehensive problem using preformatted Excel worksheets and step-by-step instructional videos.
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By Robert Steele | in Online Courses
Master Budgets course will provide a managerial accounting overview, comparing managerial accounting and financial accounting, and providing essential managerial accounting tools we will need in the budgeting process. It will discuss methods of budget timing and the pros and cons of each technique. It will also cover the characteristics and functions of the budget committee, the components of a master budget, putting together a sales budget, and more. The course will discuss how to put together a factory overhead budget and will also walk through a step-by-step process using preformatted Excel worksheets for learners to follow along with.
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By Robert Steele | in Online Courses
This course will start out by introducing the primary CVP tool, a contribution margin income statement. The contribution margin income statement will give us an idea of where we are going as we then zoom into more detail going forward, focusing on the nuances of each step in the process. You will learn about mixed costs, why they are a problem, and different methods for dealing with them including a high low method and scatter diagram method. The course will explain the break-even point in units and revenue, one of the foundational concepts of cost volume profit analysis (CVP), and one many other concepts are built from. It will cover techniques to apply CVP analysis and a lot more.
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By Robert Steele | in Online Courses
The course introduces managerial accounting or cost accounting topics that apply to companies that manufacture using either a job cost system or a process cost system. The course will describe classifications for costs and the importance of being able to classify costs in different ways. The course will compare the two major systems used to track inventory costs in a manufacturing company, the job cost system, and the process costs system. It will also discuss when a company would use either a job cost system or a process cost system. The course will record the journal entries related to costs as they flow through the process cost system.
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By Robert Steele | in Online Courses
The Job Order Costing System course will describe classifications for costs and the importance of being able to classify costs in different ways. You will learn about the two major systems used to track inventory costs in a manufacturing company, the job cost system, and the process costs system. It will also cover the flow of inventory costs, key documents, overhead, and more. The course will record the journal entries related to costs as they flow through the job cost system including journal entries for the transfer of raw materials to work in process and factory overhead, the incurrence of direct and indirect wages, and other overhead costs.
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By Robert Steele | in Online Courses
This course focuses on the statement of cash flows creation and analysis. It introduces the statement of cash flows and discusses its purpose and uses. Understanding how to create a statement of cash flows provides us with a much deeper understanding of accounting and how the financial statements are constructed. To build a statement of cash flows, you will use concepts of accrual accounting needed to create the balance sheet and income statement. You will apply your understanding of accrual concepts to analyze cash flows, creating a cash flow statement from accrual financial reports. The course will list and describe the components of the statement of cash flows including cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities.
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By Robert Steele | in Online Courses
This course will introduce the concept of bonds from a corporate perspective and explain how to record the issuance of bonds and notes payable. It will cover present value calculations in multiple formats. Present value calculations are often confusing to learners partially because the topic can be introduced in many ways. You will calculate the issue price of bonds and discuss why the issue price often differs from the par value or face amount of a bond. The course will cover the journal entry related to the retirement of a bond, both at maturity and before maturity. It will also discuss adjusting entries, notes payable, amortizing methods, and more.
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By Robert Steele | in Online Courses
Accounting for corporations will cover components of corporate accounting that are unique to corporations, elements of corporate accounting that differ from financial accounting for other business entities like a sole proprietorship or partnership. It will introduce the concept of a corporation, the characteristics of a corporation, and the reasons why we may choose a corporate form of entity. The corporate form of entity will be compared and contrasted with other business entity forms like a partnership and sole proprietorship. It will also cover financial transactions, dividends, stocks, and more concepts related to accounting for corporations.
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By Son Han | in Online Courses
Do you want to learn the basics of accounting incredibly quickly? Do you want a professor that works the problems with you? Do you want an interactive and fun course? If yes, then this is the course for you. With this class, you'll learn the basics of accounting and you can complete it in only one hour! You will work on the provided handouts like you are sitting in the classroom. This is a proven technique that will help you absorb accounting concepts in a jiff.
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By Apex Learning | in Online Courses
This accountancy course will help you develop the skills you'll need to pursue your ideal job. Accounting is a great way to get a foot in the door of a variety of jobs in a variety of industries. To advance your career, understand the essential accounting methods and concepts and get the core skills needed to become an efficient Accountant. You'll receive a comprehensive understanding of financial management best practices, complete with step-by-step training, whether you're a small business owner or an aspiring professional. You'll learn crucial accounting words and strategies that will help you stand out to potential employers while also allowing you to handle your finances effectively.
Apex Learning
Apex Learning is a digital curriculum company powered by smart people passionate about learning and motivated by results. They aim to be an online education that provides the necessary support to the learners and facilitates educators' work and contributes to professional development. They offer innovative pedagogical resources and training in a planned, updated, and oriented way.Important Details
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By Skill UP | in Online Courses
The Tax Accounting Course is the best way for you to gain deep insight and knowledge of this topic. You will learn from industry experts and obtain a professional certificate after completing the course. The lessons are specially designed to help you gain a good command of Tax Accounting, providing you with a solid foundation of knowledge to become a qualified professional. You will gain both a practical and theoretical understanding of Tax Accounting that will increase your employability in this field, help you stand out from the competition, and boost your earning potential in no time.
Skill Up
Skill Up is an online learning establishment that seeks to promote the learning experience related to knowledge in the latest and proficient fields. They've been working over a decade to make themselves the most adequate in terms of courses and depth of information. They have expanded their international presence, and already have more than 80,000 students who have benefited from their service. Skill Up exists to help learners achieve the result they seek from training, understanding their circumstances and aspirations, accompanying them on their journey and celebrating the accumulated and shared value of education in a converging and increasingly smaller world.Important Details
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By Skill UP | in Online Courses
The Tax Accounting Canada course is designed to provide learners with a comprehensive understanding of the taxation system in Canada and how it operates. Focusing on business financials, you will learn how to do your own company accounting, complete a self-assessment tax return and carry out other fiscal responsibilities – with step-by-step guidance. By the end of this extensive training course, you’ll have an excellent understanding of taxation laws and rules in Canada, as well as a solid understanding of the rights of both employers and employees when it comes to taxation.
Skill Up
Skill Up is an online learning establishment that seeks to promote the learning experience related to knowledge in the latest and proficient fields. They've been working over a decade to make themselves the most adequate in terms of courses and depth of information. They have expanded their international presence, and already have more than 80,000 students who have benefited from their service. Skill Up exists to help learners achieve the result they seek from training, understanding their circumstances and aspirations, accompanying them on their journey and celebrating the accumulated and shared value of education in a converging and increasingly smaller world.Important Details
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