Partnership Accounting

Partnership Accounting is a method of accounting that specifically deals with the financial organization and decisions of business partnerships. Coursera's Partnership Accounting skill catalogue teaches you the intricacies of maintaining financial records, sharing profits and losses, and managing the capital accounts of a business partnership. You'll learn how to handle joint ventures, mutual agencies, and shared ownership while understanding the necessity for correct attribution of profits, losses, and duties among partners. This knowledge will equip you with the necessary tools to navigate the complex world of partnership finance, from preparing partnership financial statements to making important decisions regarding partnership dissolution and liquidation.