Accounting Foundations: Bookkeeping

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Accounting Foundations: Bookkeeping

 

Program Description

Accountants use the credits and debits recorded in ledgers or “books” prepared by bookkeepers to create a company’s financial statements. In this course, accounting professors Jim and Kay Stice walk you through the four key steps in the bookkeeping process: analyzing, recording, summarizing transactions, and preparing financial reports. They explain the components of a journal entry (debits and credits) and the essential questions a bookkeeper/accountant asks in reviewing those transactions. They also explain how accountants translate ledger information into financial statements, and the role of computer programs such as Quicken in helping businesses manage their accounts.

Course Duration

4 Total Hours and 51 Minutes

Course Features

  • Lectures 0
  • Quizzes 0
  • Duration 50 hours
  • Skill level All levels
  • Language English
  • Students 0
  • Assessments Self
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