End of Month Accounting
Issued by
PENN FOSTER
Earners of the End of Month Accounting badge have developed the skills necessary to understand end-of-month and year-end accounting procedures, such as preparation of post-closing trial balances, and income and year-end statements. They also understand how to manage all assets in the accounting process through valuation, amortization, depreciation, asset retirement, and adjusting book value. They’ve learned about the Windows operating system, hardware, software, commands, tools, and accessories.
Skills
- Amortization
- Asset Management
- Bookkeeping
- End-of-the-Month Procedures
- Journal And Ledger Balancing
- Ledger Reconciliation
- Microsoft Windows
- Microsoft Windows 7
- Microsoft Windows Commands
- Microsoft Windows System Tools
- Microsoft Windows XP
- Monthly Closing Procedure
- Post-Closing Trial Balance
- Valuation
Earning Criteria
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Completion of required End of Month Accounting coursework and a passing grade on all lessons and exams.