Chevron Left
Back to Assets in Accounting

Learner Reviews & Feedback for Assets in Accounting by Intuit

4.4
stars
1,152 ratings

About the Course

In this second course, you will dive deeper into the world of bookkeeping and focus on accounting for assets. If you are familiar with bookkeeping basics, such as double entry accounting, you are ready for this course. You will gain an understanding of common asset types, learn how to account for inventory, calculate cost of goods sold, and work with Property, Plant, and Equipment (PP&E). Upon completing this course, you will use your new knowledge of assets to record transactions and produce financial statements for increasingly complex business situations. By the end of this course, you will be able to: -Summarize the common types of assets a business may have -Describe the importance of control over inventory -Outline how depreciation expense is reported on an income statement -Illustrate how transactions can be recorded in terms of the resulting change in the elements of the accounting equation. Course 1 Bookkeeper Basics, or the equivalent, is a recommended prerequisite for this course....

Top reviews

OM

Jun 7, 2022

Cool course!

Guys, who can't answer question #3 in the last test check this: Trial Balance is a representative of each nominal ledger account and will hold either Debit or Credit Balance, not both.

DO

Aug 31, 2022

The material doesn't lend itself to a captivating tale but it is presented very well and the fact that it can be done at one's own rate is wonderful for those of us who have limited time.

Filter by:

276 - 300 of 346 Reviews for Assets in Accounting

By نصرالدين ع م ع

•

Nov 24, 2023

Good

By Daniel v R

•

Nov 27, 2022

This course was quite fun and interesting, it had a nice flow and was mostly comprehensible. I feel as it is a great intro to assets and the level was fair.

That being said I have two major issues:

The first being that there were many glitches with the activities (for example once the second part of a page didn't load, another time I could not zoom in and a third one had a pixelated quality which meant I could not see the amounts properly.

The second was that the case study was exceptionally difficult and had a few errors. I actually had to pay a friend who is a CPA in order to give me 2x 1 hour lessons in order to complete the activity. There is a huge gap in difficulty between the course material and the case study. I think it actually took me longer to do the case study than the course itself.

By Cristina Z

•

Oct 13, 2021

The course overall was good. The animated instructor did a good job at illustrating the situations and acting them out and providing examples. Some of the real life examples were not very good at illustrating the point they were trying to make; not easy to follow. I felt like I needed a lot more practice writing journal entries and the practice was not available. When it comes to the final case study, that was spot on for the learning we just reviewed. The only suggestion I have is to make the solution available after the certificate is issued as I really wanted to compare how well I wrote the journal entries compared to the test itself.

By Patricia R

•

Mar 22, 2024

The final test was a case study to create general ledger, trial balance, income statement, and balance sheet with an inventory correction question. The solution to the problem was never provided. I got an answer wrong and was not sure why it was wrong. I retook the test and provided another answer and it was still wrong. I didn't understand how to do it correctly, and without providing the correct answer I could not see why it was incorrect or figure out how to find the correct answer. I got a 90% on the test, so I passed, but the point of the class is to learn how to do the coursework correctly.

By Jen S

•

Oct 5, 2021

While I did pick up some useful tips for how to better handle my own company's inventory and assets, I was extremely frustrated with the final problem. They explain how to do everything in QuickBooks, but then give you some jumbled mess of an Excel workbook that makes no sense to someone who never worked as a non-QuickBooks bookkeeper. I had two years of accounting in college and I was still confused about the Excel mess. I get that you are supposed to understand the basics of accounting to use QuickBooks, however the Excel workbook doesn't quite match up to what is being taught.

By Jourdan M

•

Mar 18, 2024

I felt the content covered was useful but the outline of what was being addressed felt a bit chaotic because of the storyline videos. I found the "acting" piece really distracting from the content I was trying to learn, and it made it difficult to weed through what I actually needed to know and what the host liked to eat and her other unnecessary anecdotes. I would prefer to have the information communicated in a straight forward and succinct style. The "personality" wasted a lot of my time.

By Barry C

•

Feb 16, 2022

Too many inaccuracies, inconsistencies and ambiguities. Examples from "experts" sometimes contain incorrect advice and information.

Example - in one of the assessment exams, where typed answers were required, the number formats required were $x,xxx.xx. EXCEPT for the last question, where it was changed to $x,xxx, and which I didn't notice.

My answer $3,800.00 - marked as incorrect, because it should have been $3,800

Why on earth should the format of the number be relevant?

By Cathryn T

•

Nov 3, 2022

I would have struggled a lot if I had not already had a basic understanding of what was being taught. More actual practice where I had to think about it rather than just click and be shown would have been helpful. I did a lot of searching online for more videos and tutorials to help explain what I was learning. I liked the case study at the end and maybe having more of that type of thing throughout would solidify the concepts better.

By Jay L

•

Nov 1, 2023

It's quite informative and educational, but the examples are lacking and confusing sometimes. They show you how to do things in Quickbooks software, which is great, but then make you take test in Excel, which if you are not already familiar with using it for accounting then it can get confusing. Some of the plugins are glitchy and hared to navigate at times, which led me to not reviewing or seeing some of the sessions or examples.

By Gs

•

Jul 30, 2024

There's a lot of random content and ads that is distracting. Bianca's exposition, the story about the cleaning divas, ads for quickbooks. The material could be far better organized. Needs pause and subtitles capability in the exercises. The exercises were helpful, especially the last project, but I had to do a lot of research on my own to make sense of it, and there's no way to get an explanation of what I got wrong.

By James L

•

Aug 21, 2022

It would be good if more explanations about the concepts and their applications were prepared. And in the application to the QuickBook, the screen resolution is low, so the screen doesn't look clean and the explanation seems too fast. And the subtitles were not accurate, so it was difficult to understand.

By Emily K

•

Feb 25, 2022

The videos are nice and engaging, and the quizzes make sense. But the final case study was an absolute nightmare. It was only showing partial dual-accounting method, making things not tie up properly based on the previously taught lesson method. The numbers did not match, no matter what I tried.

By Stephanie P

•

Mar 17, 2023

There was a lot of information but none of it really prepared me for the test. All of the demos were with QuickBooks Online, but the final test was just in spreadsheets. There was a lot of guessing on my part. I have almost no confidence that I'll be able to do bookkeeping at the end of this.

By Betsy H

•

Jul 10, 2023

I don't feel like the final assessment matched the focus of these lessons. It taught the basic concepts, but the practice DID NOT prepare me for the quiz. I have to attempt it several times and find answers in studying for the quiz about how to calculate things from other accounting pages.

By MICHELE R

•

Feb 11, 2023

The QB illustrations are very poor in image. It's so blurry and difficult to follow. Then the last test is given in excel sheets. Why not QB test. I couldn't follow the tet instructions and failed. I even paid for 2 months that I didn't use out of discouragement.

By Saad A K

•

May 24, 2024

Overall the concepts are explained well but there are technical errors present especially in visualizations. This is true for all 4 courses in the specialization. This course and the Liabilities and Equity in Accounting have more errors than the other two.

By Milyda C

•

Nov 14, 2022

I really enjoyed the course. I do wish there were more opportunities for more practice manually putting in data instead of a point and click option. I learn from actually doing the work not just reading and watching others show me now it's done.

By Ally M

•

Sep 12, 2021

The quizzes and activities during the online lectures are too leading. Then when you're faced with the end-of-course case study, you're a little lost.

By Bruce P

•

Apr 24, 2023

Good information but insufficient practice time. I don't feel that I'll be ready to actually do the work even after passing the certification test.

By Sonja T

•

Oct 2, 2021

Does not efficiently prepare beginners for the test. Needs to include more practice content, to be completed by the trainee, with not as much help.

By Nancy A

•

Nov 6, 2023

Some principles were covered too quickly, Final Project did not provide instructions on what assumptions to use to complete inventory tab.

By Brad a

•

Nov 23, 2021

The details of how most aspects of this particular course could have been explained far better. Assets in Accounting was a bit confusing.

By Norhy

•

Oct 7, 2021

The quiz grading is terrible and needs work. Format has to be too specific. Right answers marked wrong all over the place.

By Star O

•

Jun 29, 2022

It is a good introductory course, it's easy to understand. Adding more examples would improve the course greatly.

By Alexia S

•

Dec 12, 2021

Lots of technical failures with audio, which affected instruction, and some of the content did not seem to fit.