Accounting All-in-One
Accounting All-In-One For Dummies, 3rd Edition, is your all-encompassing guide to mastering various aspects of accounting. In this course, you’ll explore critical topics like financial reporting, budgeting, and financial decision-making, equipping you with the skills needed to succeed in the world of accounting. From setting up accounting systems to fraud prevention, this course offers a comprehensive understanding of accounting. With interactive lessons and practice tests, you’ll not only enhance your expertise but also embark on a journey to conquer the realm of numbers. Whether you’re a student, a business owner, or a professional, this course paves the way for financial success.
- Price: $139.99
- Delivery Method: eLearning
Name | Buy |
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Accounting All-in-One |
Test Prep
Features
22+ LiveLab | 22+ Video tutorials | 43+ Minutes
11+ Videos | 02:06+ Hours
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- Get assistance every step of the way from our Texas-based team, ensuring your training experience is hassle-free and aligned with your goals.
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Outline
Lessons 1:
Introduction
- About This Course
- False Assumptions
- Where to Go from Here
Lessons 2:
Accounting for the Basics
- Knowing What Bookkeeping and Accounting Are All About
- Wrapping Your Brain around the Accounting Cycle
- Working the Fundamental Accounting Equation
Lessons 3:
Charting Your Accounts
- Navigating the Chart of Accounts
- Setting Up Your Chart of Accounts
- Giving Credit (Or Is It Debit?)
- Understanding Double-Entry Accounting
Lessons 4:
Using Journal Entries and Ledgers
- Keeping a Journal
- Bringing It All Together in the Ledger
- Putting Accounting Software to Work for You
Lessons 5:
Choosing an Accounting Method
- Choosing Your Method
- Sorting through Standards for Other Types of Accounting
Lessons 6:
Setting the Standards
- Exploring the Origins of Accounting Standards
- Recognizing the Role of the American Institute of Certified Public Accountants
- Checking Out the U.S. Securities and Exchange Commission
- Getting to Know the Financial Accounting Standards Board
- Grasping Accounting Standards Around the Globe
Lessons 7:
Keeping the Books
- Analyzing the Effect of Business Transactions
- Managing Your Bookkeeping and Accounting System
- Wrapping Up with End-of-Period Procedures
Lessons 8:
Tracking Purchases
- Keeping Track of Inventory
- Buying Supplies
- Handling Billing and Payables
Lessons 9:
Tallying Your Sales
- Collecting on Cash Sales
- Selling on Credit
- Proving Out the Cash Register
- Tracking Sales Discounts
- Recording Returns and Allowances
- Monitoring Accounts Receivable
- Accepting Your Losses
Lessons 10:
Processing Employee Payroll and Benefits
- Staffing Your Business
- Collecting Employee Taxes
- Determining Net Pay
- Surveying Your Benefits Options
- Preparing Payroll and Posting It in the Books
- Depositing Employee Taxes
Lessons 11:
Taxing Payrolls
- Paying Employer Taxes on Social Security and Medicare
- Completing Unemployment Reports and Paying Unemployment Taxes
- Carrying Workers’ Compensation Insurance
- Maintaining Employee Records
Lessons 12:
Depreciating Your Assets
- Appreciating Depreciation
- Comparing Depreciation Options
- Tackling Taxes and Depreciation
Lessons 13:
Interesting Rates
- Deciphering Types of Interest
- Handling Interest Income
- Delving into Loans and Interest Expenses
Lessons 14:
Proving Out Cash
- Making Sure That Ending Cash Is Right
- Closing the Cash Journals
- Using a Temporary Posting Journal
Lessons 15:
Reconciling Accounts and Closing Journal Entries
- Reconciling Bank Accounts
- Prepping to Close: Checking for Accuracy and Tallying Things Up
- Posting to the General Ledger
- Checking Out Computerized Journal Records
Lessons 16:
Checking Your Accuracy
- Working with a Trial Balance
- Testing Your Balance by Using Computerized Accounting Systems
- Developing a Financial Statement Worksheet
- Replacing Worksheets with Computerized Reports
Lessons 17:
Adjusting the Books
- Adjusting All the Right Areas
- Testing an Adjusted Trial Balance
Lessons 18:
Stating Your Income
- Understanding the Nature of Profit
- Choosing the Income-Statement Format
- Deciding What to Disclose in the Income Statement
- Examining How Sales and Expenses Change Assets and Liabilities
- Considering the Diverse Financial Effects of Making a Profit
- Reporting Extraordinary Gains and Losses
- Correcting Common Misconceptions about Profit
Lessons 19:
Balancing Your Sheets
- Homing in on Historic Cost
- Discovering What Makes an Asset Current
- Exploring the Asset Section of the Balance Sheet
Lessons 20:
Digging for Debt in the Balance Sheet
- Seeing How Businesses Account for Liabilities
- Keeping Current Liabilities under Control
- Planning for Long-Term Obligations
- Accounting for Bond Issuances
Lessons 21:
Explaining Equity
- Understanding How Owner Equity Varies among Business Entities
- Distinguishing between Two Types of Capital Stock
- Defining Paid-In Capital
- Recording Retained Earnings
- Spotting Reductions to Stockholders’ Equity
- Exploring Stock Splits
- Computing Earnings per Share
Lessons 22:
Interpreting Income Statements and Balance Sheets
- Rejoining the Income Statement and Balance Sheet
- Introducing Operating Ratios
- Adding Fixed Assets, Depreciation, and Owners’ Equity
- Completing the Balance Sheet with Debt
Lessons 23:
Valuating Finances
- Clarifying the Values of Assets in Balance Sheets
- Introducing Business Valuation
- Comparing Business Valuation Methods
Lessons 24:
Watching Cash Flow and Equity
- Understanding the Difference between Cash and Profit
- Flowing Through Cash Transactions
- Navigating the Three Flows
- Preparing the Statement of Cash Flows
- Interpreting the Statement of Cash Flows
- Stating Changes in Stockholders’ Equity
Lessons 25:
Analyzing Financial Statements
- Judging Solvency and Liquidity
- Driving the Balance Sheet
- Measuring Profitability
- Exploring Activity Measures
- Comparing Horizontal and Vertical Analysis
- Using Common Size Financial Statements
Lessons 26:
Explaining Disclosures
- Questioning Self-Governance
- Identifying Corporate Characteristics
- Reviewing Common Explanatory Notes
- Putting the Onus on the Preparer
Lessons 27:
Sharing Public Reports
- Differentiating between Private and Public Companies
- Finding Purpose in Reports
- Reading the Annual Report to Shareholders
- Walking through Form 10-K
Lessons 28:
Looking at the Legals
- Surveying Structures
- Going It Alone: Sole Proprietorships
- Choosing the Right Legal Structure for Income Tax
Lessons 29:
Incorporating Your Business
- Securing Capital: Starting with Owners
- Recognizing Legal Roots
- Incorporating a Business
Lessons 30:
Drawing Up a Business Plan
- Outlining the Basic Business Plan
- Developing a Business Plan
- Incorporating Third-Party Information into Your Plan
Lessons 31:
Budgeting for a Better Bottom Line
- Brushing Up on Budgeting
- Recognizing Factors That Affect Your Budgeting Process
- Understanding Budgeting Basics
- Reviewing Revenue and Production Budgets
Lessons 32:
Mastering Budgeting Strategies
- Budgeting with Cash or Accrual Accounting
- Budgeting to Produce the Income Statement and Balance Sheet
- Flexing Your Budget: When Plans Change
Lessons 33:
Planning for Long-Term Obligations
- Managing Long-Term Debt
- Accounting for Bonds
Lessons 34:
Costing Jobs
- Understanding How Job Costing Works
- Taking a Closer Look at Indirect Costs by Using Normal Costing
- Following the Flow of Costs through a Manufacturing System
Lessons 35:
Costing by the ABCs
- Avoiding the Slippery Slope of Peanut Butter Costing
- Designing an Activity-Based Costing System
- Using Activity-Based Costing to Compute Total Cost, Profit, and Sale Price
Lessons 36:
Contributing to the Margin
- Computing Contribution Margin
- Preparing a Cost-Volume-Profit Analysis
- Generating a Break-Even Analysis
- Shooting for Target Profit
- Setting a Margin of Safety
- Measuring Operating Leverage
Lessons 37:
Accounting for Change with Variance Analysis
- Setting Up Standard Costs
- Understanding Variances
- Teasing Out Variances
Lessons 38:
Pricing Wisely
- Differentiating Products
- Taking All Costs into Account with Absorption Costing
- Pricing at Cost Plus
- Accounting Extremes: Trying Variable-Cost Pricing
- Hitting the Bull’s-Eye (Your Target Cost)
Lessons 39:
Formulating Equations
- Analyzing Profitability
- Using Assets Effectively
- Evaluating Firm Liquidity