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Accounting Fundamentals - Accounting Basics and Definitions - Video

Accounting Fundamentals - Accounting Basics and Definitions - Video

Films Media Group
$99.95
  • Additional Info:: Closed Captioned
  • Date:: 2014
  • ISBN:: 9780816089765
Product Code: 23339DVD

Description

What do GAAP and OCBOA mean? What are revenues, expenses, assets, and liabilities? What are the stages of the accounting cycle? This video answers those questions and many others as it introduces viewers to the process of accounting as illustrated by a cupcake shop and a medical clinic. Sections include: Importance of Accurate Accounting, Basic Accounting Terms, Financial Reporting, Income Statements, Balance Sheets: Assets, Balance Sheets: Liabilities and Owner Equity, and Statements of Cash Flows. A part of the series Accounting Fundamentals. (30 minutes)