Accounting for Truckers FLEXCAST
Available Until
Your Desk
4.0 Credits
Member Price $49.00
Non-Member Price $56.00
Overview
Trucking operations tend to run on narrow margins and so must operate well-designed accounting systems to help them identify and correct problems as quickly as possible. In the Accounting for Truckers course, we describe the general principles of accounting as they apply to trucking operations, identify accounting transactions specific to trucking, demonstrate how to set up a record keeping system, control costs, measure performance, and much more.
Highlights
Financial accounting basics. Accounting cycle. Accounting transactions. Accounting equation. Accruals concept. Realization concept. Cash basis of accounting, and more.
Prerequisites
None.
Designed For
CPAs, CEOs, CFPs, and other accounting professionals.
Objectives
Identify how the accounting cycle operates. Specify the characteristics of a double entry accounting system. Describe how the accrual method of accounting works. Identify the accounts typically included in a trucker’s financial statements. Specify how a balance sheet is constructed. Identify the general account classifications used on a balance sheet, and more.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $56.00
Member Price $49.00