0403 Accounting Process

Part of the Accounting Section of the CEA Curriculum


In this series of videos, we discuss the accounting cycle. This process begins with analyzing and journalizing, recording to ledgers, summarizing and making adjustments and finally, preparing financial statements which are used to analyzed business operations.

This course is a good review and overview for bookkeepers and accountants alike. It will provide insight into how common bookkeeping errors and oversights can have cascading ripple effects upon the entire financial reporting process.

Learning Objectives
After completing this course, you will be able to:

  • Explain the basic journalizing process.
  • Understand the various types of accounts and how they relate to the general ledger accounts and how those are reflected in the financial statements.
  • Describe¬†the various kinds of errors that can remain hidden in the financial records.
  • Understand how to analyze and journalize a transaction.

Course Curriculum

Understanding the Accounting Process FREE 00:02:00
Bookkeeping and Journalizing 00:28:00
Deeper Understanding of Journalizing 00:16:00
The Adjustment Process 00:16:00
Further Adjustments and Summarizing 00:27:00
Preparing the Financial Statement 00:06:00

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  • Price Options +
  • 1 year
  • Course Certificate
  • Program Level: Fundamentals/Beginner

    151 minutes | CPE = 3 units

    Field of Study: Accounting

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