Mastering Accounts Receivable and Notes Receivable: Comprehensive Guide to Valuation, Recording, and Control
Why take this course?
π Mastering Accounts Receivable and Notes Receivable: A Comprehensive Guide to Valuation, Recording, and Control with Robert (Bob) Steele
π Course Introduction:
Welcome to our comprehensive course on Accounts Receivable and Notes Receivable in accounting β 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 β 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.
π 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.
π©βπ« 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.
π 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 β a critical skill in any accounting profession.
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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! π―β¨