This course provides a comprehensive understanding of key accounting principles related to assets. It covers topics such as revenue recognition, bad debt expense, and various inventory methods including FIFO, LIFO, and average cost. The course is designed to help learners comprehend how these concepts impact financial statements and the importance of matching costs with sales.
This short course is part of the previous Master Track Certificate in Business Essentials. You may also be interested in a related short course from this program, "The Basics of Accounting for Assets: Long-Term Assets."
This course provides a comprehensive understanding of key accounting principles related to assets. It covers topics such as revenue recognition, bad debt expense, and various inventory methods including FIFO, LIFO, and average cost.
Inclus
4 vidéos4 lectures1 devoir
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4 vidéos•Total 13 minutes
Revenue Recognition in Financial Accounting•4 minutes
Bad Debt Expense•3 minutes
Introduction to Inventory in Financial Accounting•1 minute
FIFO, LIFO, and Average Cost•5 minutes
4 lectures•Total 20 minutes
About the Professor•5 minutes
About the Course•5 minutes
A Note on Course Materials•5 minutes
Rate This Course!•5 minutes
1 devoir•Total 10 minutes
Graded Assignment•10 minutes
Instructeur
Évaluations de l’enseignant
Évaluations de l’enseignant
Nous avons demandé à tous les étudiants de fournir des commentaires sur nos enseignants au sujet de la qualité de leur pédagogie.
IE Business School is an internationally recognized business school where the leaders of tomorrow shape their ideas and learn to become global citizens. For over 40 years, IE Business School has promoted innovation and change in organizations, equipping managers with an entrepreneurial mindset that generates employment, wealth, and social well-being.
Regularly featured among the top business schools in the world, IE Business School has an urban campus in Madrid and a faculty of more than 400 professors who teach students from approximately 90 countries in its undergraduate and master programs. IE uses innovative online, face-to-face, and blended learning formats, including the IE Communities Platform where knowledge and experiences are exchanged with over 50,000 IE graduates that currently hold management positions in more than 100 countries worldwide.
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Felipe M.
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Étudiant(e) depuis 2020
’J'ai directement appliqué les concepts et les compétences que j'ai appris de mes cours à un nouveau projet passionnant au travail.’
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Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.