Closing the Books (Currently Unavailable)
Author: Steven Bragg
| CPE Credit: |
15 hours for CPAs |
This course demonstrates how the accounting systems summarize information into financial statements, how to close the books efficiently, how to construct financial statements, and the controls and record keeping systems needed to close the books.
Topics Covered
- General ledger and other ledgers
- Trial balance
- Journal entries
- The closing process
- Fine-tuning the closing process
- Closing cash
- Closing accounts payable and receivable
- Closing inventory
- Closing fixed assets
- Closing payroll
- Income statements
- Balance sheet
- Statement of Cash flows
- Statement of Retained Earnings
- Financial statement disclosures
Learning Objectives
- Demonstrate how to close the books efficiently
- Learn how to construct financial statements
Level
Overview
Instructional Method
Self-Study
NASBA Field of Study
Accounting (15 hours)
Program Prerequisites
none
Advance Preparation
none
