From the course: Advanced Bookkeeping Techniques
Advancing your bookkeeping skills
From the course: Advanced Bookkeeping Techniques
Advancing your bookkeeping skills
- Google's online advertising revenue accumulates second by second as you and I do Google searches and glimpse Google-sponsored ads. - So what bookkeeping process ensures that the revenues reported in Google's income statement is all of the company's revenue for the year? - Now let's think about Walmart. From its beginning in 1962, Walmart has generated worldwide sales of over 8 trillion dollars. - [Jim] What bookkeeping process ensures that the sales we see reported in Walmart's income statement is just this year's sales amount instead of the company's cumulative lifetime sales? - [Kay] How did the correction of an accounting error knock about $17 billion off the value of Groupon's IPO? - Hi, I'm Jim Stice. I'm a professor of accounting at Brigham Young University. This is my brother, Kay. - I'm also a professor of accounting at Brigham Young University. - Come, join us on LinkedIn Learning as we discuss higher level bookkeeping practices, such as adjusting entries, error corrections and closing entries.
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.