Accruals

Accruals are a key aspect of financial accounting, representing the allocation of revenues and costs to the correct period, regardless of when the actual cash movement takes place. Coursera's accruals catalogue teaches you the crucial understanding of when and how to recognize revenues and expenses under the accrual basis of accounting. You'll learn the comprehensive understanding of adjusting entries for accruals and deferrals, how to prepare financial statements under accrual accounting, and the impact of accruals on financial performance and position. This skill is essential for aspiring accountants, financial analysts, auditors, or anyone looking to gain a better understanding of finance and accounting.