Receivables & The Allowance vs The Direct Write Off Methods

Mastering Accounts Receivable and Notes Receivable: Comprehensive Guide to Valuation, Recording, and Control
4.55 (156 reviews)
Udemy
platform
English
language
Accounting & Bookkeeping
category
Receivables & The Allowance vs The Direct Write Off Methods
43 543
students
14 hours
content
Jun 2019
last update
$44.99
regular price

Why take this course?

🎓 Mastering Accounts Receivable and Notes Receivable: A Comprehensive Guide to Valuation, Recording, and Control with Robert (Bob) Steele


🚀 Course Introduction: Welcome to our comprehensive course on Accounts Receivable and Notes Receivable in accounting – a cornerstone of financial management! This is not just another online module; it's your stepping stone to mastering the art of managing receivables, which are pivotal to the health and stability of any business.


Course Highlights:

  • Foundational Concepts: Dive into the world of accounts receivable and notes receivable, understanding their role in financial transactions and the financial reporting cycle.

  • Accounts Receivable Cycle: Get hands-on with journal entries for recording accounts receivable and learn how to track individual customer balances using subsidiary ledgers.

  • Valuation Methods: Master two key valuation methods for accounts receivable – the allowance method and the direct write-off method, and understand their implications on financial statements.

  • Internal Controls & Bank Reconciliations: Enhance your knowledge of cash management with a focus on bank reconciliations and internal controls tailored to cash handling.

  • Petty Cash Management: Ensure you're well-versed in setting up and recording petty cash transactions, which are essential for maintaining accurate financial records.

  • Notes Receivable Insights: Learn the ins and outs of managing notes receivable, including the components and journal entries involved in their recording and collection process.

  • Practical Application: Put your skills to the test with downloadable PDF files, Excel practice files, and a variety of practice questions designed to reinforce your learning.


📚 Learning Resources & Support: This course is packed with resources to support your learning journey:

  • Downloadable PDFs: Access detailed notes and reference materials for offline study.
  • Excel Practice Files: Utilize real-world scenarios in Excel to hone your skills.
  • Practice Questions: Test your knowledge with multiple-choice and calculation problems.
  • Discussion Questions: Engage with your peers in stimulating discussions that deepen your understanding of the topics covered.

👩‍🏫 Expert Instructor-Led Learning: You're in expert hands with Robert (Bob) Steele as your course instructor. Bob is not just a seasoned educator; he's a CPA and CGMA with a Master of Science in Taxation, bringing over 40 years of experience to the table. His certifications and practical insights ensure you receive top-tier accounting education.


🌟 Enroll Today for a Bright Financial Future: Don't miss out on the opportunity to turn your understanding of Accounts Receivable and Notes Receivable into a powerful skill set that can transform your career. With this course, you'll not only comprehend the complexities but also learn to effectively manage and report on receivables – a critical skill in any accounting profession.

📅 Take the Next Step: Enroll now and embark on a journey of financial mastery with Robert (Bob) Steele's Mastering Accounts Receivable and Notes Receivable course. Your path to becoming an accounts receivable expert starts here! 🎯✨

Course Gallery

Receivables & The Allowance vs The Direct Write Off Methods – Screenshot 1
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1647556
udemy ID
15/04/2018
course created date
10/07/2019
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