iBusinessCourse

Accounting Foundations: Bookkeeping Information Accounting Foundations: Bookkeeping is a course that provides comprehensive instruction on the key principles and practices of bookkeeping in accounting. Accountants use the credits and debits recorded in ledgers or “books” prepared by bookkeepers to create a company’s financial statements. In this course, accounting professors Jim and Kay Stice walk you through the four key steps in the bookkeeping process: analyzing, recording, summarizing transactions, and preparing financial reports. They explain the components of a journal entry (debits and credits) and the essential questions a bookkeeper/accountant asks in reviewing those transactions. They also explain how accountants translate ledger information into financial statements, and the role of computer programs such as Quicken in helping businesses manage their accounts. What You’ll Learn In Accounting Foundations: Bookkeeping? Topics include: Reviewing financial s...