Accrual Accounting (A114)
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 Export to Your Calendar 5/8/2019
When: May 8, 2019
8:30 am - 11:30 am
Where: Map this event »
Grand Wayne Center
120 W Jefferson Blvd.
Fort Wayne, Indiana  46802
United States
Contact: Ella Adamson
317-639-3586 ext. 118

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IASBO Annual Meeting Pre-Conference 

Accrual Accounting (A114) Certification Course

The course will compare and contrast cash and accrual accounting and explore strengths and weaknesses in each method.  Students will learn to read, understand, and explain the difference between Income Statements and Balance Statements prepared under the accrual-basis vs. the same types of reports prepared under the cash-basis accounting.  Students will discover why the terms Owner’s Equity, Retained Earnings, Profit, Prepaid Expenses, Accounts Receivable, Accounts Payable, Capital, Net Fixed Assets and the relationship between Assets, Liabilities and Owner’s Equity are important to the businesses who use accrual accounting.  Students will learn how revenue and expenditures are recorded in accrual-based accounting vs. cash-basis accounting and the importance of recognizing the value of fixed assets and real property.  This course will help participants to be able to communicate with various organizations such as the community, the school board, and Chamber of Commerce.    

Registration for this course is on the 2019 Annual Meeting registration form.

There is an option to register for the Pre-Conference courses/workshops only or as part of the Full Conference (Annual Meeting).