Join us for a comprehensive overview of essential principles and practical applications of financial reports, spot errors, save money, avoid pitfalls, and enhance your career.
Many business people and professionals do not understand the complexities of accounting records; they must, however, be familiar with the accounting equation and have a thorough understanding of accounting and bookkeeping principles in order to make informed and accurate decisions and stay ahead of the competition. In addition, those who want to pursue ledger, trial balance, and recordkeeping proficiency, must obtain a solid, practical basis from a professional, otherwise records are meaningless or, even worse, can contain inaccurate information. This topic offers a comprehensive overview of essential principles and practical applications. The information will allow you to more effectively be able to evaluate financial reports, spot errors, save money, avoid pitfalls, and enhance your career. Information is the lifeblood of businesses and nonprofits.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Overview of Accounting Basics
- Why Is Accounting and Creating the Records Important?
Start at the End
- The Ultimate Goal
- What Are the Statements Trying to Tell Us?
- Understand the Concept and It Is Easier to Create the General Ledger and Trial Balance
Recording Transactions
- The Accounting Model
- Manual and Computerized Systems
- Ledgers and T-Accounts
- Journals
- Trial Balance
- Case Study
Special Areas
- Payroll
- Depreciation
- Inventory
- Tax
Getting Closure
- Month-End and Year-End Closings
- Summary of Closing Procedures
- Sequence of Accounting Procedures
Understanding It All as a Whole
- Interrelationship of Financial Information
- Book vs. Tax - Can There Be Two Sets of Books?
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More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on May 8, 2019.
Call 1-866-352-9540 for further credit information.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Brian D. Levine, M.B.A., CPA
Brian D. Levine, MBA, CPA Jersey Tax & Accounting, LLC
- Founder of Brian D. Levine, MBA, CPA Jersey Tax & Accounting, LLC
- Services clients nationally and locally regarding accounting, taxes, investment planning, financial and economic analyses, litigation support, expert witness work, and management counseling
- Frequent speaker and has written several publications
- Member of numerous professional organizations
- M.B.A. degree, Rutgers Graduate School of Management; B.A. degree, Rutgers College
- Can be contacted at [email protected] or 732-846-5454
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More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
All of your training, right here at Lorman.
Pay once and get a full year of unlimited training in any format, any time!
- OnDemand Courses
- Live Webinars
- MP3 Downloads
- Course Manuals
- Executive Reports
- White Papers and Articles
Additional benefits include:
- State Specific Credit Tracker
- All-Access Pass Course Concierge
Questions? Call 877-296-2169 to speak with a real person.
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