Outline how depreciation expense is reported on an income statement Describe the importance of control over inventory Summarize the common types of assets a business may have Upon completing this course, you will use your new knowledge of assets to record transactions and produce financial statements for increasingly complex business situations.īy the end of this course, you will be able to:
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You will gain an understanding of common asset types, learn how to account for inventory, calculate cost of goods sold, and work with Property, Plant, and Equipment (PP&E). If you are familiar with bookkeeping basics, such as double entry accounting, you are ready for this course. In this second course, you will dive deeper into the world of bookkeeping and focus on accounting for assets. No previous accounting or bookkeeping experience necessary.ĭisclaimer: While this program aims to provide you with bookkeeping skills, completion is not a guarantee, or condition, of employment at Intuit or in the bookkeeping field.
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You will need access to spreadsheet software (Excel, Google Sheets, Numbers or the equivalent) for some activities in this course. Practice interpreting and analyzing financial statements to make key business decisions. Learn how to work through the phases of the accounting cycle to produce key financial statements.
īuild a foundation of bookkeeping concepts and accounting measurement. With this certification, you will be qualified to apply for a position as a bookkeeper at Intuit QuickBooks Live or anywhere in the field. Upon completion, you’ll be ready to take the Intuit Academy Bookkeeping exam. You’ll gain a foundational understanding of accounting principles and an introduction to QuickBooks Online through hands-on practice working with real-world accounting scenarios. If you are detail-oriented and passionate about solving clients’ problems, this program is for you. Whether you are starting out or looking for a career change, the Intuit Academy Bookkeeping program prepares you for a variety of jobs in public accounting, private industry, government, and non-profit organizations-and for the Intuit Academy Bookkeeping exam.
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