Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles)
4.4 /5- Offered byLinkedin Learning
- Private Institute
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Shrihari S K
Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles) - Batch of 2024
4.0
Learning Experience: Great content for beginners and experienced accountants. Definitely, any one who is an Accounting Practitioner needs to understand GAAP Concept
Faculty: Jim Stice and Kay Stice
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 you step back from the figures and calculations and ask of doing what you're doing. For example, why does the income statement show the amount of net income that it shows? Or, what is the revenue recognition principle? 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. Denise shows you the key things to know, where to get additional resources, and how these apply to working as an accountant or CPA.
Course Support: No career support provided
Reviewed on 15 Jun 2022Read More
V
Vishal Parameshwar Mali
Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles) - Batch of 2024
5.0
Learning Experience: Learning experience was good
Faculty: Instructors taught well
It was updated and practical
Course Support: No career support provided
Reviewed on 24 May 2022Read More
T
Tushar Rohra
Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles) - Batch of 2024
5.0
Learning Experience: Foundation Of US GAAP
Faculty: Instructors taught well
It was great for beginners
Course Support: No career support provided
Reviewed on 7 May 2022Read More
View more 3 Reviews
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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