Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles)
Course Overview
Accounting isn’t just about numbers—it’s about understanding the principles behind those numbers. In this course, accounting expert Denise Probert walks you through the fundamentals of US GAAP (Generally Accepted Accounting Principles). This framework governs financial reporting and is essential for all accountants and CPAs working in the United States.
You'll learn about the FASB Conceptual Framework, which provides the foundation for financial reporting, and explore key accounting principles like revenue recognition. Denise will show you where to find additional resources and how these principles apply to your work as an accountant or CPA.
By the end of the course, you’ll have a clear understanding of why financial statements look the way they do and how to apply GAAP to ensure accurate and compliant financial reporting.
What You'll Learn
- In-depth understanding of US GAAP principles
- Comprehensive overview of the FASB conceptual framework
- Knowledge of common accounting assumptions
- Practical insights on applying GAAP in real-world scenarios
599 THB
LinkedIn Learning
https://www.linkedin.com/learning
Skills You'll Gain:
