Accounting 101

Accounting Fundamentals

Length: 3.5 hours

Description: This practical course gives you the whys and hows to accurately conduct accounting activities. "Accounting Fundamentals" examines the theories of accounting, how to maintain accounting records, and how to generate financial statements.

Accrual Accounting Procedures

Length: 2 hours

Description: This course will explain the step-by-step procedures to properly record incomplete transactions at the end of an accounting period. The transactions typically involve expenses, revenue, and depreciation. Accrual accounting procedures will ensure that your financial information about the business's performance is accurate.

Accounting Systems and Closing Activities

Length: 2.5 hours

Description: This practical course shows you how to maintain an accounting system and perform closing activities in three lessons, "Special Journals," "Subsidiary Ledgers," and "Closing Activities."

Accounting for Cash Control

Length: 3 hours

Description: This course explores the accounting methods for internal control of cash such as petty cash, bank reconciliation, and payroll. Understanding the processing, recording, and safekeeping of cash are vital to the financial stability of a business.

Accounting for Merchandising Businesses

Length: 2.5 hours

Description: This course will provide practical information about maintaining accounts and generating financial statements specifically for merchandising businesses.

Accounting for Sales Returns

Length: 4 minutes

Description: This Business Impact demonstrates which accounts will be impacted by a sales return transaction.

Accounting for Partnerships

Length: 3.5 hours

Description: This course explores the accounting methods that pertain to partnerships and the division of its assets.

Accounting for Corporations

Length: 2.5 hours

Description: This course is designed to teach you how to perform basic accounting procedures specifically for corporations. You will learn how to record the issuance of stock and record transactions in the corporation's accounts. In addition, you will learn how to determine total and per share shareholder equity.

Analyzing Cash Flow Statements

Length: 2 hours

Description: Cash flow statement analysis focuses on determining your company's ability in the following four areas: (1) ability to meet short-term obligations and to efficiently generate revenue, (2) ability to generate future revenues and meet long-term obligations, (3) ability to provide financial rewards and attract and retain financing, and (4) ability to generate positive market expectations.

Master Budgets

Length: 4 hours

Description: No matter the size of your company, if you are to succeed and continue to grow, you must carefully plan for your company's future. Master budgets can be used to predict the future success of your company and serve as an overall plan to indicate in which direction your company should grow.