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Accounting Foundations

Become a Bookkeeper,

Accounting uses financial information from the past to make decisions in the present to change the future. This course provides an introduction to the four basic types of accounting—bookkeeping and financial, managerial, and tax accounting—and explains the links between accounting, decision-making, business performance, and financial health. Accounting professors Jim and Kay Stice review the three primary financial statements, using actual examples from companies like Walmart. They show how businesses use managerial accounting to build budgets and determine the cost of products, and explain how income taxes, credits, and deductions are calculated in the United States. The course is self-contained; there are no prerequisites or specialized knowledge required to follow along. By the end, you should have a better understanding of accounting and how it affects your business or personal finance.

Contents:

  • Introduction
  • 1. What Is Accounting?
  • 2. Financial Accounting: Balance Sheet
  • 3. Financial Accounting: Income Statement and Cash Flow
  • 4. Managerial Accounting
  • 5. Income Taxes
  • Conclusion

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Length 2h
Starts On Demand (Start anytime)
Cost $29/month (Access to entire library- free trial available)
From LinkedIn Learning
Instructors Earl Kay Stice, Jim Stice, Jim Stice, Kay Stice
Download Videos Only via the LinkedIn Learning mobile app
Language English
Subjects Business
Tags Business Accounting Financial Accounting Management Accounting Income Tax

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Rating Not enough ratings
Length 2h
Starts On Demand (Start anytime)
Cost $29/month (Access to entire library- free trial available)
From LinkedIn Learning
Instructors Earl Kay Stice, Jim Stice, Jim Stice, Kay Stice
Download Videos Only via the LinkedIn Learning mobile app
Language English
Subjects Business
Tags Business Accounting Financial Accounting Management Accounting Income Tax

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