Enroll Course: https://www.coursera.org/learn/accounting-assets
If you’re looking to deepen your understanding of accounting, particularly in managing and accounting for assets, the Coursera course titled ‘Assets in Accounting’ is an excellent choice. Tailored for those who already grasp the basics of bookkeeping and double-entry accounting, this course takes you further into the world of fixed assets, inventory, and property management.
The course is structured into four detailed modules. The first, ‘Accounting Concepts and Measurement,’ introduces students to handling assets like sales, notes receivable, and uncollectible accounts. This foundational knowledge sets the stage for more complex topics.
Next, the ‘Inventory Accounting Methods’ module covers practical techniques such as calculating cost of goods sold and exploring different inventory valuation methods, equipping you with essential management skills.
The third module, ‘Property and Equipment,’ dives into depreciation, lease implications, and how to account for various plant assets, essential for real-world asset management.
Finally, the ‘Applying Accounting Principles and Knowledge’ module helps you understand how these principles affect financial statements, enabling you to record transactions accurately and interpret their impacts.
Overall, this course is highly recommended for accounting students, professionals, or small business owners who want to improve their financial record-keeping skills related to assets. The combination of theoretical concepts and practical application makes it a valuable resource for advancing your accounting proficiency.
Enroll Course: https://www.coursera.org/learn/accounting-assets