This course offers an in-depth look at long-term assets within the realm of accounting. You will gain insights into the classification and management of property, plant, and equipment, as well as the nuances of goodwill and intangible assets. The course covers the principles of depreciation, the matching concept, and the various methods used to allocate the cost of assets over their useful lives.
The Basics of Accounting for Assets: Long-Term Assets
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Beginner level
Recommended experience
1 hour to complete
Flexible schedule
Learn at your own pace
What you'll learn
Understand the nature of and intangible assets and how they are reported on the balance sheet
Comprehend the accounting processes involved in the retirement, sale, or exchange of long-term assets
Identify and classify long-term assets and understand the accounting treatment for such assets
Skills you'll gain
Details to know
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Recently updated!
September 2024
Assessments
1 assignment
Taught in English
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There is 1 module in this course
This course offers an in-depth look at long-term assets within the realm of accounting. You will gain insights into the classification and management of property, plant, and equipment, as well as the nuances of goodwill and intangible assets.
What's included
4 videos3 readings1 assignment
Instructor
Offered by
Recommended if you're interested in Finance
University of Illinois Urbana-Champaign
University of California, Irvine
University of Illinois Urbana-Champaign
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