Course Description
By the end of this course, you will able to answer questions such as:
Cash Basis Overview
Why the Cash Basis Doesn't Reflect Economic Reality
Revenue Recognition Under the Accrual Basis
Revenue Recognition Under the Accrual Basis: Payments in Advance
Expense Recognition Under the Accrual Basis
The Matching Principle
Product vs. Period Costs
Allocation of Period Costs
Course Review
Course Quiz
