The purpose of the Accounting 101: Accruals Course is to provide participants with a basic understanding of accruals, such as defining accruals, explaining the purpose of accruals, and providing examples of both revenue and expense accruals.
Program Level: Beginner
Prerequisites: None
Advanced Preparation: N/A
Instructional Method: Group-Live
Instructor: Kristine McNamara and Leila McCamey
Recommended CPE Credit: 2.0 Hours
Field of Study: Accounting (Governmental)
Course Objectives:
At the end of the course, participants will be able to:
- Define “accrual”;
- Explain why accruals are necessary;
- Describe what is accrued;
- Explain why accruals are reversed; and,
- Identify what resources are available.
Course Materials:
- Course Presentation
NASBA Statement
The University of Colorado is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
