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Learner Reviews & Feedback for Assets in Accounting by Intuit

4.4
stars
940 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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176 - 200 of 299 Reviews for Assets in Accounting

By KIDS L

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Jan 1, 2023

good

By Joseph D

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Oct 17, 2022

Fun

By AHMED Y H A A A Y H A A

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Sep 10, 2022

By Meryl Z

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Feb 24, 2023

On the one hand, these courses were comprehensive and the activities made them more interactive and fun. However, on the other hand, there were a lot of typos and mistakes in the tests. More importantly, there were many instances in which terms were used in the tests that were never introduced in the information given previously and sometimes questions were even based on concepts that were not previously discussed or defined (like owner’s draw). Additionally, because of the nature of an online course like this, no one can really help you with understanding more complicated problems that you get wrong. There are case studies at the end of each class and if you complete them incorrectly, you will answer the quiz questions wrong but the only comment they make is to check your math on the case study. This is very unhelpful but I don’t see any way around it.

By Tammy S

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Jan 23, 2022

Please re-review the material for accuracy For ex, in the PP&E final assessment, questions 2,5, and 11 appear incorrect, and Q13 is suspect, as high vs low tech matters in EUL as a high tech item may be subject to obsolescence and therefore have a shorter EUL. Also, the leasing modules must be updated for ASC 842.

I have noticed a few other items that appear incorrect as well, which could make it very confusing to those newer to accounting or bkpg. Perhaps there could be a link to report potential edits to help crowdsource the continued improvement of the course?

It is a terrific, entertaining program regardless--thank you.

By Arvin T

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Sep 8, 2023

Great course! The case study was fun! Again, as in the first course, I wished that we did have a hands-on exercise in QuickBooks since the plugins and videos are being solved in QuickBooks. The formatting when submitting numbers for answers on quizzes and exams should be flexible because my answers were incorrect sometimes even though the number is right. I guess our attention to details are also being tested? Some plugins and videos are hard to see and hear, which would be okay if the subtitles always work, but it's not the case. Anyways, I learned a lot. Thanks!

By Dionne Y

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Sep 27, 2021

I received my Bachelor's Degree in Accounting 13 years ago and have been an accountant well before and after receiving my degree. I am taking this course as a refresher and to receive Intuit's Professional Bookkeeper Certification. Overall, the course has been good. However, in the Property and Equipment Assessment, three of my answers were marked "incorrect," but I feel strongly that they are correct. I find no contact information for Coursera to dispute my grade. On to the next section of this course!

By Marissa R

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Jul 27, 2023

This was definitely more challenging than the 1st course, Bookkeeping Basics! I wish there was more explanation offered when I would get a question wrong in the interactive parts of the course or in some quizzes. Maybe having a bot that could answer questions available would've helped. Other than that, I love how it's self-paced and explained so much information pretty well. I feel my skills growing because of this course, thanks Intuit!

By Zackery D L

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Feb 25, 2024

Overall a good course, the focus and working on beginning and ending value variations was a bit confusing, I think it could have been explained better. My biggest pet peeve from all of these courses, is that when I press pause to write my notes the video screen goes black and I have to keep clicking on it over and over to write down all of the information.

By Campy

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Apr 6, 2022

Very good, but I wish I could have some communication and feedback with a professor, who could tell me what I'm missing. I missed one question on the final quiz in Assets in Accounting, and I'm still unsure where my mistake is. I would really like to know, so I can feel more confident when creating and working on my own books for our small businesses.

By Lucky K

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Jul 17, 2022

The course is great and does cover a lot of Introductory and Intermediate accounting Principles.. As a Bachelor of Accounting graduate candidate, I was worried about the lack of testing of certian Intricate accounting policies but soon realised that, that would be the Accountant's Job either way and as A bookkeeper this is enough.

By SUSAN

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Dec 23, 2022

There was a lot of good information but when it came to doing the case study it would have been helpful to have some way to verify the accuracy of the work I had done before I took the final quiz. I had some errors that I did not correct properly and got a couple of the questions wrong because of it.

By Eva G

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Feb 23, 2022

Course is fantastic - the final case study definiely requires more time than an hour. Also, It is very complicated,my answers were no where near and I do this for a living for the last 8 years. There shopuld be more guidance when it comes to the case study. The course is very good.

By gloria q

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Jun 16, 2022

The information and vidoes were great except more emphasis needed to be put on the Prepaid expenses; however, I was able to compute for it without your videos. There was a discrepancy in the amount of COGS sold in your case study. Overall, the class was great refresher.

By Caroline B

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May 19, 2023

Excellent course - even though I have worked in this industry for years and am heavily reliant on the software it was good to go back to basics. A few areas that were difficult to keep up with - journal entries and inventory could do with a bit more practice work.

By Maria O

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Jul 29, 2023

This course was more difficult than Basics of Accounting, as could be expected, but it was very detailed and explained the concepts in a way I should be able to understand. Will review course to be better able to apply knowledge at my next place of employment.

By Jo H

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Jun 30, 2022

The last assignment is so much more difficult than those preceding it. I found that with the first course too. We need more incremental practice so that we grow with our learning through the zones of proximal development.

By Damian R

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Feb 19, 2022

There were several errors throughout this course, for example one of the videos was 6 minutes long but there were only 2 minutes of content. Another is the case study as there were some errors on the excel file itself.

By Dawna B

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Sep 16, 2022

The information for the asset concpets is provided. However, I would prefer more hands on experience added to the lessons. The cartoon character isn't my idea of the way to learn and would prefer a live person.

By Mbeng T N N

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Oct 9, 2023

The most convenient online app for me. Coursera I appreciate all in helping me achieve my goals. No limitations here all you need is determination and dedication because Coursera got me covered.

By Tori W

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Aug 18, 2022

The only reason I am giving this course a four-star rating is because I feel like we don't get enough practice. The topics covered and the examples are great, but we need more practice options.

By Mary L B

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May 16, 2023

It seems a little unfair to test on things that the material says will be given the bookkeeper to enter. The part on the promissory note interest remains unclear. Otherwise, good material!

By Paula D W

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Oct 24, 2021

There were videos that there was no verbage and there should have been. Also several times i had to go back to complete previous to get an play button for the next session.

By Cheryl H

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Dec 3, 2022

It was very informational but difficult at times to understand some of the concepts in the videos because she talks too fast. But I learned alot throughout this course.

By AnaLydia R R

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Mar 29, 2022

A lot of information is covered but I think it would be ideal to have more practice with actual books like the case study. it was a lot to figure out.