In the final course of this certificate, you will apply your skills towards financial statement analysis. If you have the foundational concepts of accounting under your belt, you are ready to put them into action in this course. Here, you will learn how to reconcile different types of accounts, check for accuracy, and troubleshoot errors. Additionally, you will practice how to apply different analytical methods to key financial statements and understand how these methods inform a variety of business decisions.
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By the end of this course, you will be able to:
-Describe and illustrate the use of a bank reconciliation in controlling cash
-Outline the purpose of financial statements in relationship to decision making
-Describe basic financial statement analytical methods
-Apply quantitative skills to analyze business health
Courses 1-3 in the Intuit Bookkeeping Professional Certificate, or the equivalent, are recommended prerequisites for this course.
What You Will Learn
- Describe and illustrate the use of a bank reconciliation in controlling cash
- Outline the purpose of financial statements in relationship to decision making
- Describe basic financial statement analytical methods
- Apply quantitative skills to analyze business health
Course 4 of 4 in the Intuit Bookkeeping Professional Certificate.
Syllabus
WEEK 1
Understanding Reconciliations
In this module, you will be introduced to different liabilities and learn how to account for them. Additionally, you will learn how to work with the sales tax payable accounts.
WEEK 2
How to Read Financial Statements
In this module, you will gain an understanding and apply knowledge of accounting for sales tax and payroll liabilities.
WEEK 3
Analyzing Key Reports and Transactions
In this module, you will learn how to work with different types of long-term liabilities and shareholders equity.
WEEK 4
Application and Practice with Reconciliations and Financial Analysis
In this final module for Course 4, you will apply your bookkeeping knowledge by working through common accounting scenarios that deal with liabilities, payroll, and equity.
