Exploring The Annual Accounting Close Process

Course details

This course describes the annual closing process, including its place in the accounting cycle. Examples of closing the accounting cycle and the primary closing journal entries are presented along with the underlying reason they are necessary. 

A comparison of the Statement of Retained Earnings and the closing process will be presented to help tie together the student's knowledge of this important step in the accounting cycle.

If you would like Continuing Education Credit (e.g. CPE, CE, CPD, etc.) for this course, it is available if you take this course on the Illumeo dot com platform under course title: The Closing Process. Illumeo is certified to provide CPE in over two dozen different professional certifications covering finance, accounting, treasury, internal audit, HR, and more. However, in order to receive CPE credit the courses must be taken on an 'approved-by-the-governing-body' CPE platform, and for over two dozen corporate professional certifications, that is the Illumeo platform. Go to Illumeo dot com to learn more.