Specialized
Accounting Courses

The essential foundation every accounting student needs. Understand why accounting exists, the FASB conceptual framework, key assumptions and principles, the four financial statements, and accrual vs cash basis.

• What is accounting and why it matters
• FASB Conceptual Framework & qualitative characteristics
• Key assumptions (Going Concern, Economic Entity…)
• Key principles (Revenue Recognition, Matching…)
• The four financial statements and how they link
• Accrual vs cash basis accounting

Master the three core inventory cost-flow methods. Learn how each method affects cost of goods sold, ending inventory, and net income — then put it into practice with realistic problems.

• FIFO (First-In, First-Out)
• LIFO (Last-In, First-Out)
• Weighted Average Cost
• Impact on Cost of Goods Sold
• Inventory on the Balance Sheet
• Choosing a cost method

Understand how businesses estimate and record uncollectable accounts. Practice journal entries for both the allowance method and the direct write-off method.

• Allowance for Doubtful Accounts
• Direct write-off method
• Aging of accounts receivable
• Bad debt journal entries
• Recovering written-off accounts

Calculate depreciation three different ways and understand when each method is appropriate. Includes practice with accumulated depreciation and book value calculations.

• Straight-line depreciation
• Double-declining balance
• Units of production method
• Accumulated depreciation
• Book value & disposal entries

Learn to reconcile the bank statement to the company's cash records, identify discrepancies, and prepare the necessary adjusting journal entries.

• Outstanding checks
• Deposits in transit
• Bank errors & book errors
• NSF checks & bank charges
• Adjusted cash balance
• Reconciliation journal entries

Calculate gross pay, statutory deductions, and net pay — then record payroll journal entries for both the employee and employer sides.

• Gross wages & overtime
• Income tax withholding
• FICA / Social Security
• Net pay calculation
• Payroll journal entries
• Employer payroll taxes

Learn how companies raise capital through bonds. Practice recording bond issuances at par, premium, and discount using the effective interest method.

• Bond issuance at par, premium & discount
• Effective interest method
• Straight-line amortization
• Interest expense entries
• Bond retirement & redemption

Go beyond financial accounting into managerial costing. Learn how to track production costs using job order and process costing systems.

• Job order cost sheets
• Process costing & equivalent units
• Overhead allocation
• Cost of goods manufactured
• Over- and under-applied overhead

Understand the principles of income tax for individuals and businesses. Practice tax calculations, deductions, and the journal entries needed to record tax obligations.

• Taxable income calculation
• Individual vs. business tax
• Deductions & credits
• Deferred tax assets & liabilities
• Tax journal entries

Fill out real IRS forms — Form 1040, Schedule A, B, C, SE, D, and E — using AI-generated taxpayer scenarios. AI checks every line and explains errors. 4 difficulty levels from a simple W-2 return to a complex multi-income filing.

• Form 1040 (Easy: single W-2 filer)
• Schedule A & B (Medium: itemized deductions)
• Schedule C & SE (Hard: self-employed)
• Schedule D & E (Expert: full return)
• AI line-by-line checking with explanations

Master the complete accounts payable cycle: record purchases on account, apply purchase discounts, process returns, maintain vendor subsidiary ledgers, perform the 3-way match, and implement AP internal controls.

• Purchase on account journal entries
• Purchase discounts (2/10 n/30)
• Purchase returns and allowances
• AP subsidiary ledger and aging
• 3-way match and internal controls

Master the complete accounts receivable cycle: record credit sales, apply sales discounts, process returns and allowances, maintain customer subsidiary ledgers, prepare aging schedules, calculate net realizable value, and implement AR internal controls.

• Credit sales journal entries
• Sales discounts (2/10 n/30)
• Sales returns and allowances
• AR subsidiary ledger and aging
• Net realizable value and internal controls

The only course that teaches accounting AND Excel together. Download professionally formatted templates for every accounting topic, complete the work in Excel, and get AI feedback on both your accounting accuracy and your Excel skills.

• Excel basics for accountants (SUM, IF, VLOOKUP)
• Journal entries, T-accounts & trial balance in Excel
• Financial statement templates with linked formulas
• Depreciation schedules & amortization tables
• Bank reconciliation and payroll register templates
• Financial modeling: 3-statement model basics