Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles)
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Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles) at Linkedin Learning Overview
Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles)
at Linkedin Learning
Duration | 1 hour |
Total fee | ₹1,599 |
Mode of learning | Online |
Difficulty level | Beginner |
Credential | Certificate |
Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles)
Table of contents
Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles) at Linkedin Learning Highlights
Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles)
at Linkedin Learning
- Earn a sharable certificate
Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles) at Linkedin Learning Course details
Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles)
at Linkedin Learning
Skills you will learn
More about this course
- While working in accounting or the broader financial field is often centered around numbers, dollars, and other known quantities, there can often be a lot of questions when learner step back from the figures and calculations and ask the “why” of doing what learners are doing
- In this course, Denise Probert explores the US GAAP, or General Applied Accounting Principles, the guiding backbone to the work of accounts in the US
Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles) at Linkedin Learning Curriculum
Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles)
at Linkedin Learning
Introduction
Intro to this course
What Is US GAAP?
FASB Accounting Standards Codification
FASB vs. IASB and other standard-setting bodies
Why is understanding the US GAAP important?
The FASB Conceptual Framework
Objectives of financial reporting
Qualitative characteristics of useful accounting information
Elements of financial statements
Recognizing and measuring financial statement elements
Initial and subsequent measurement techniques
Common Accounting Principles and Assumptions
Overview of the basics
The accrual principle
The revenue recognition principle
The matching principle
A look at the US GAAP applied
Conclusion
A glimpse into FASB
The next steps of understanding the GAAP
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Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles)
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