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Financial Accounting

Financial Accounting forms the basis for most other business classes including managerial accounting, finance, ratio analysis and more. Commonly referred to as the language of business, Stratfield Solutions provides comprehensive coverage of this academic area to ensure students have the knowledge and skill to take into all types of business applications.

Advanced Depreciation Methods

This course explains three separate depreciation methods (units of production, declining balance and MACRS) including calculating depreciation expense, accumulated depreciation, net book value, gains and losses and tax implication. A bonus journal entry session is also part of this comprehensive course.

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Included in the course are:

 

  • Over an hour and a half of recorded lectures

 

  • 13+ topical areas

 

  • Example problems and solutions

 

  • Detailed examples within each topical area

 

  • Complete details of calculations and;

 

  • Bonus journal entry lesson relative to the topic

Bank Reconciliations Made Easy

This course explains the purpose of bank reconciliations and teaches simple methods to perform them quickly and accurately. Topics include common adjustments to both book and bank balances, tips and tricks to locate discrepancies and a full practice problem using a practical example.

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Included in the course are:

 

  • Half an hour of recorded lectures 

 

  • Full practice problem with download

 

  • Terminology and definitions

 

  • Complete details of calculations and;

 

  • Bonus journal entry lesson relative to the topic

Essentials of Straight Line Depreciation Accounting

This course explains what depreciation is, and the most common method to calculate depreciation quickly and accurately, the straight line method.  Topics include accumulated depreciation, depreciation expense and net book value.

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Included in the course are:

 

  • Half an hour of recorded lectures 

 

  • Multiple practice problems with downloads

 

  • Terminology and definitions

 

  • Complete details of calculations and;

 

  • Introduction to other depreciation methods

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