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Course Description

At the end of a reporting period, adjustments must be made to the balance sheet and income statement accounts. Identifying adjustments that are particular to the balance sheet and income statement accounts, such as the recording of events, is an essential part of the accounting process. Reviewing financial statements for accuracy using the five-part process – recognition, classification, measurement, disclosure, and presentation – safeguards you from making errors. In addition, you will examine ways to fix errors in income statements.

Benefits to the Learner

  • Identify the key differences between balance sheets and income statements when making adjustments
  • Examine the five parts of the process of checking financial statements
  • Correct errors in income statements
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Type
self-paced (non-instructor led)
Dates
Sep 22, 2020 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
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