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Learner Reviews & Feedback for Assets in Accounting by Intuit

4.4
stars
966 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.

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226 - 250 of 302 Reviews for Assets in Accounting

By Adam W

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Dec 3, 2021

Good content; the questions on the test could be more clear.

By Yana M C O

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Jan 6, 2023

More hands-on activities would be much better

By Laura B C

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Jul 18, 2023

Just need more practice questions and quizes

By luis m

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Aug 21, 2022

it's important that we have more practices.

By Maria L R

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Nov 14, 2022

Speaker are a bit confusing when presenting

By Jonathan F

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Jan 27, 2022

should be re-read as there are errors noted

By Mahmoud M

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Oct 1, 2021

This course is so good thank you very much.

By Lakima J

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Oct 18, 2023

Needs more practice. Good course.

By Renee N

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Aug 21, 2022

Need more practice modules.

By Roger V

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Mar 30, 2024

Overall very good course

By Mary J D

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Aug 20, 2022

Covers a lot of ground.

By Fanny B

•

Nov 2, 2021

more exercises

By Tamara D

•

Apr 28, 2022

Informative

By Mohamad S

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May 21, 2022

Complete.

By نصرالدين ع م ع

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Nov 24, 2023

Good

By Daniel v R

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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

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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

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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

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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

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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

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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

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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

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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 James L

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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

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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.