Basics of Accounting for Assets

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Course Overview

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."

Course FAQs

What are the prerequisites for 'Basics of Accounting for Assets'?

Prerequisites for this continuing education class are set by IE Business School. Most professional development online classes benefit from some prior knowledge. Please check the provider's page for specific requirements.

Will I receive a certificate for this CE class?

Yes, upon successful completion, IE Business School typically offers a shareable certificate to showcase your new skills and fulfill your continuing education requirements.

How long does this online course take to complete?

Completion times for online continuing education courses vary. The provider's website will have the most accurate estimate of the time commitment needed.