
Accounting Instruction
Reference #300: Adjusting Entries & Financial Statement Creation
Failed to add items
Add to Cart failed.
Add to Wish List failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
$0.99/mo for the first 3 months

Buy for $19.95
No default payment method selected.
We are sorry. We are not allowed to sell this product with the selected payment method
-
Narrated by:
-
Bob Steele CPA
-
By:
-
Bob Steele CPA
About this listen
This book covers the adjusting journal process of financial accounting and the creation of financial statements, the creation of financial statements being the end goal of financial accounting, the product that the financial accounting system is designed to produce. Financial statements are the primary tool decision-makers use when making financial decisions. Financial statements are the preferred format for financial data to be compiled.
After normal business transactions have been input into the accounting system throughout a period, an adjusting process is often needed before the data is then compiled into financial statements, the adjusting process helping to covert financial data to a more perfect accrual system. The adjusting journal entries are often one of the most difficult areas of the accounting process for learners to understand, and is one of the most important topics needed for fully grasping accrual accounting concepts. A solid understanding of the adjusting process, and the reasons for the adjusting process, provides learners the tools needed to explain the difference between a cash basis and an accrual basis of accounting and the reasons an accrual basis is the preferred format for compiling accounting data.
We will start our learning about the adjusting process with a review of topics covered in prior texts, including a description of the overall financial accounting process, and the rules for recording normal transactions. If you do not have an understanding of what financial accounting is, or how to record normal journal entries, it is recommended that you listen to our prior texts first, Accounting Instruction Reference #100 and Accounting Instruction Reference #200.
We will then describe what the adjusting process is and how to think about the adjusting process, how the adjusting process fits into the overall financial accounting process, and what makes the adjusting process different.
PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.
PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio.
©2017 Bob Steele CPA (P)2017 Bob Steele CPAListeners also enjoyed...
-
Accounting Instruction Reference #100
- Learn Accounting Objectives, the Double Entry Accounting System, & the Accounting Equation
- By: Bob Steele CPA
- Narrated by: Bob Steele CPA
- Length: 1 hr and 11 mins
- Unabridged
-
Overall
-
Performance
-
Story
Accounting Instruction Reference #100 will cover introductory accounting topics needed as a foundation for developing an understanding of most accounting concepts, accounting basics - including accounting objectives, the double entry accounting system, and the accounting equation. The accounting 101 concepts presented in the audiobook are at the heart of all financial accounting.
-
-
Very helpful introduction to accounting
- By Accounting Instruction on 06-18-18
By: Bob Steele CPA
-
Accounting Instruction Reference #400
- The Closing Process
- By: Bob Steele CPA
- Narrated by: Bob Steele CPA
- Length: 3 hrs and 34 mins
- Unabridged
-
Overall
-
Performance
-
Story
In this audiobook, we will explore the accounting closing process, the final process in the accounting cycle, the critical process needed to prepare for the next accounting period, and a process often misunderstood.
-
-
Very comprehensive closing process.
- By Accounting Instruction on 06-18-18
By: Bob Steele CPA
-
Accounting Instruction
- Reference #200 - Recording Transactions Using Debits & Credits
- By: Robert Bob Steele
- Narrated by: Robert Bob Steele CPA
- Length: 4 hrs and 15 mins
- Unabridged
-
Overall
-
Performance
-
Story
Although it is possible to read financial statements without a full understanding of how they are constructed, and it is possible to work in an accounting department performing accounting tasks including data entry, without fully understanding debits and credits, it is not possible to have a complete understanding of the financial statements or financial accounting without an understanding of transactions recorded using debits and credits.
-
-
Helped to understand debits and credits
- By Anthony Lopez on 05-21-18
-
Accounting QuickStart Guide
- The Simplified Beginner's Guide to Financial & Managerial Accounting For Students, Business Owners and Finance Professionals
- By: Josh Bauerle CPA
- Narrated by: Russell Newton
- Length: 5 hrs and 32 mins
- Unabridged
-
Overall
-
Performance
-
Story
Having a clear knowledge of your business's financial life is important. No one should be in the dark about their overall financial picture. That's a disaster waiting to happen. However, with a perfunctory knowledge of basic accounting principles, including assets and liabilities, creating financial statements, budgeting, and more, you'll be on the road to healthier relationship with your money.
-
-
ok
- By Cassandra on 04-08-16
By: Josh Bauerle CPA
-
CPA Audio Study Guide
- Be Ready for the CPA Exam! CPA Test Preparation! Best CPA Exam Review! Auditing & Attestation
- By: Justus McGraw
- Narrated by: Elliott Jolly
- Length: 36 mins
- Unabridged
-
Overall
-
Performance
-
Story
The CPA Audio Study Guide is an essential part of your study efforts for the CPA exam. It contains summaries and questions and answers. Clear, easy-to-understand rationales are also provided to help develop critical thinking. Ideal for busy students. it can be enjoyed while at the gym or walking around campus or stuck in rush hour traffic.
-
-
Disappointed on the size
- By Ana on 09-21-22
By: Justus McGraw
-
The Essential Small Business Guide to Financial Management
- Streamlined Strategies for Maximized Profits, Compliance, and Long-Term Success for Money-Stressed Entrepreneurs
- By: DBR Publishing
- Narrated by: Jamal West
- Length: 3 hrs and 17 mins
- Unabridged
-
Overall
-
Performance
-
Story
Is your business struggling? Equip yourself with proven financial strategies for growth and success. Fear not the daunting statistics: 20% of new businesses fold within two years, 45% within five, and a staggering 65% within a decade. However, 25% thrive beyond 15 years. What sets them apart? The answer often lies in mastering financial management, the hidden driver of long-term success. This book is your guide to joining that triumphant 25%, arming you with practical financial skills to propel your entrepreneurial journey from surviving to thriving.
-
-
Very basic but good
- By Mestes(wife) on 12-26-24
By: DBR Publishing
-
Accounting Instruction Reference #100
- Learn Accounting Objectives, the Double Entry Accounting System, & the Accounting Equation
- By: Bob Steele CPA
- Narrated by: Bob Steele CPA
- Length: 1 hr and 11 mins
- Unabridged
-
Overall
-
Performance
-
Story
Accounting Instruction Reference #100 will cover introductory accounting topics needed as a foundation for developing an understanding of most accounting concepts, accounting basics - including accounting objectives, the double entry accounting system, and the accounting equation. The accounting 101 concepts presented in the audiobook are at the heart of all financial accounting.
-
-
Very helpful introduction to accounting
- By Accounting Instruction on 06-18-18
By: Bob Steele CPA
-
Accounting Instruction Reference #400
- The Closing Process
- By: Bob Steele CPA
- Narrated by: Bob Steele CPA
- Length: 3 hrs and 34 mins
- Unabridged
-
Overall
-
Performance
-
Story
In this audiobook, we will explore the accounting closing process, the final process in the accounting cycle, the critical process needed to prepare for the next accounting period, and a process often misunderstood.
-
-
Very comprehensive closing process.
- By Accounting Instruction on 06-18-18
By: Bob Steele CPA
-
Accounting Instruction
- Reference #200 - Recording Transactions Using Debits & Credits
- By: Robert Bob Steele
- Narrated by: Robert Bob Steele CPA
- Length: 4 hrs and 15 mins
- Unabridged
-
Overall
-
Performance
-
Story
Although it is possible to read financial statements without a full understanding of how they are constructed, and it is possible to work in an accounting department performing accounting tasks including data entry, without fully understanding debits and credits, it is not possible to have a complete understanding of the financial statements or financial accounting without an understanding of transactions recorded using debits and credits.
-
-
Helped to understand debits and credits
- By Anthony Lopez on 05-21-18
-
Accounting QuickStart Guide
- The Simplified Beginner's Guide to Financial & Managerial Accounting For Students, Business Owners and Finance Professionals
- By: Josh Bauerle CPA
- Narrated by: Russell Newton
- Length: 5 hrs and 32 mins
- Unabridged
-
Overall
-
Performance
-
Story
Having a clear knowledge of your business's financial life is important. No one should be in the dark about their overall financial picture. That's a disaster waiting to happen. However, with a perfunctory knowledge of basic accounting principles, including assets and liabilities, creating financial statements, budgeting, and more, you'll be on the road to healthier relationship with your money.
-
-
ok
- By Cassandra on 04-08-16
By: Josh Bauerle CPA
-
CPA Audio Study Guide
- Be Ready for the CPA Exam! CPA Test Preparation! Best CPA Exam Review! Auditing & Attestation
- By: Justus McGraw
- Narrated by: Elliott Jolly
- Length: 36 mins
- Unabridged
-
Overall
-
Performance
-
Story
The CPA Audio Study Guide is an essential part of your study efforts for the CPA exam. It contains summaries and questions and answers. Clear, easy-to-understand rationales are also provided to help develop critical thinking. Ideal for busy students. it can be enjoyed while at the gym or walking around campus or stuck in rush hour traffic.
-
-
Disappointed on the size
- By Ana on 09-21-22
By: Justus McGraw
-
The Essential Small Business Guide to Financial Management
- Streamlined Strategies for Maximized Profits, Compliance, and Long-Term Success for Money-Stressed Entrepreneurs
- By: DBR Publishing
- Narrated by: Jamal West
- Length: 3 hrs and 17 mins
- Unabridged
-
Overall
-
Performance
-
Story
Is your business struggling? Equip yourself with proven financial strategies for growth and success. Fear not the daunting statistics: 20% of new businesses fold within two years, 45% within five, and a staggering 65% within a decade. However, 25% thrive beyond 15 years. What sets them apart? The answer often lies in mastering financial management, the hidden driver of long-term success. This book is your guide to joining that triumphant 25%, arming you with practical financial skills to propel your entrepreneurial journey from surviving to thriving.
-
-
Very basic but good
- By Mestes(wife) on 12-26-24
By: DBR Publishing
-
How to Fix Your Credit Score
- Repair and Improve Your Score Easily & Quickly. Repair Your Report, Remove Bad Credit and Improve Your Financial Situation.
- By: Reginald J. Kunz
- Narrated by: Angela Clark
- Length: 3 hrs and 46 mins
- Unabridged
-
Overall
-
Performance
-
Story
People are getting more and more dependent on credit cards. Some use them to afford the lifestyle of their dreams, while others need them to make ends meet. In fact, 15 percent of US households reported spending more than they received in income, and nearly one in five Americans say that they depend on credit cards to cover basic living expenses. It’s no wonder that you’re probably worried about your credit score.
By: Reginald J. Kunz
-
Quickbooks
- A Complete Guide to Bookkeeping and Accounting for Small Businesses for Beginners
- By: Marcus Smalling
- Narrated by: Darren Schilling
- Length: 3 hrs and 40 mins
- Unabridged
-
Overall
-
Performance
-
Story
Bookkeeping and accounting can be the most daunting tasks facing owners of small businesses. Information can be difficult to find or access and learning what tools will help you excel in business accounting can seem to take far too long. QuickBooks: A Complete Guide to Bookkeeping and Accounting for Small Businesses for Beginners can assist even the most novice business owner in learning the ins and outs of bookkeeping and effective ways to use one of the most valuable tools in the accounting world, QuickBooks (with illustrations!).
-
-
So boring
- By Kindle Customer on 03-29-20
By: Marcus Smalling
-
Credit Repair Book
- How to Fix Your Credit and Improve Your Credit Score
- By: Brian Green
- Narrated by: Cole Gustavson
- Length: 1 hr and 37 mins
- Unabridged
-
Overall
-
Performance
-
Story
Bad credit can prevent you from getting a mortgage, car loan, credit card, apartment, or even a job. It can also mean paying a bundle in rates and fees for any loans or credit you do get. There is a lot of confusion as to how your credit score changes and what the factors are. Don't be left in the dark as to why your credit is low.
-
-
Repair your credit score with this audio-book!!
- By Anonymous User on 11-13-18
By: Brian Green
-
HOLD
- How to Find, Buy, and Rent Houses for Wealth
- By: Steve Chader, Jennice Doty, Jim McKissack, and others
- Narrated by: Paul Keith, Laura Seaton
- Length: 7 hrs
- Unabridged
-
Overall
-
Performance
-
Story
Take HOLD of your financial future! Learn how to obtain financial freedom through real estate. The final book in Gary Keller's national best-selling Millionaire Real Estate Investor trilogy teaches the proven, reliable real estate investing process to achieve financial wealth.
-
-
Ecellent book on buy and hold (rentals)
- By Inquisitive on 12-27-13
By: Steve Chader, and others
-
Bookkeeping and Accounting
- The Ultimate Guide to Basic Bookkeeping and Basic Accounting Principles for Small Business
- By: Greg Shields
- Narrated by: Dryw McArthur
- Length: 6 hrs and 4 mins
- Unabridged
-
Overall
-
Performance
-
Story
Three comprehensive manuscripts in one audiobook. This audiobook is intended for people who want to know something about the fundamentals of bookkeeping and accounting without necessarily becoming a certified bookkeeper or accountant. Many people are in this position; small business owners, employers, employees, business owners, stockholders, investors, and many, many more. Most of these folks do not need a deep understanding of bookkeeping or accounting; they just need to learn what it is and how they should be using it.
-
-
Learned more about accounting then I had in class.
- By Michael on 12-08-18
By: Greg Shields
-
Short Steps to Improve Your Credit
- By: Larry Mitchell
- Narrated by: Steve Ryan
- Length: 22 mins
- Unabridged
-
Overall
-
Performance
-
Story
This audiobook summarizes some strategies and techniques to help get your credit on the right track. It also provides basic understanding as to the different factors that affect your credit. These items are presented in a way to help you put yourself in the shoes of a lender, so you can see how they would view your credit. These are simple, easy steps that you can take to help improve your credit.
-
-
great
- By Kimberly on 03-18-15
By: Larry Mitchell
-
Accounting
- A Comprehensive Guide for Beginners Who Want to Learn About Basic Accounting Principles, Small Business Taxes, and Bookkeeping Requirements
- By: Robert McCarthy
- Narrated by: Sam Slydell
- Length: 3 hrs and 25 mins
- Unabridged
-
Overall
-
Performance
-
Story
Are you looking for an accounting audiobook that can teach you how to run your small business? Are you tired of having to continually visit an accountant or consultant for essential advice on how to manage your financial records? Do you want an audiobook that not only gives you the basic knowledge of accounting fundamentals but also provides valuable ways to manage your business and finances like a pro? This easy-to-understand guide will provide you with clear concepts and methods to help you think like an accountant and teach you how to implement them into your small business.
-
-
Well-defined
- By Ethelyn Houge on 07-15-21
By: Robert McCarthy
-
Bookkeeping
- 3 in 1 - Beginners Guide + Simple Methods + Advanced and Effective Methods of Bookkeeping and Accounting Principles
- By: Abraham Douglas
- Narrated by: Kevin Hung-Liang
- Length: 11 hrs and 24 mins
- Unabridged
-
Overall
-
Performance
-
Story
This three-in-one bookkeeping and accounting book will help all set a benchmark for new and old businesses alike in the accounting genre. With all the three topics covered - basic beginners guide, simple methods, and advanced level methods that will be as effective as possible in your accounting and bookkeeping strategies, which is a necessity that needs to be applied by a company. You will get plenty of hands-on examples and bookkeeping strategies.
-
-
easy to understand
- By hosurwala on 04-08-21
By: Abraham Douglas
-
Taxes for Small Business
- Simple and Effective Methods of Tax Process for Small Businesses
- By: Abraham Douglas
- Narrated by: Kevin Liang
- Length: 3 hrs and 49 mins
- Unabridged
-
Overall
-
Performance
-
Story
For most small business owners, one major concern is how to deal with federal, state, and every other form of tax that resonates with their business. A more complicated issue is the complex nature of tax forms that are used for this tax filing process. Most small business owners are often left with the common misconception that handling their tax process is not only complex, but a major nightmare!
-
-
highly recommended
- By Williamson on 07-26-20
By: Abraham Douglas
-
CDL Minded Accounting
- The Clutter Proof System to Controlling Your Finances in Your Transportation and Trucking Business
- By: Joe Ryder
- Narrated by: Chris Abell
- Length: 3 hrs and 19 mins
- Unabridged
-
Overall
-
Performance
-
Story
Avoid the headaches of managing your business finances by following this effortless approach. Not knowing if you’re running out of cash, or if your price covers all your costs, means that you don’t know whether you’re making money or not. If you don’t want your business to end up the same way, it’s essential that you’re able to get your finances in order. With a well-planned, organized, and clutter proof system, you’ll have your finances running like a well-oiled machine so you can focus on building your business.
-
-
Joe Knows Where The Money Goes
- By ACS on 10-31-23
By: Joe Ryder
-
Profit First for Contractors
- Transform Your Construction Business From a Cash-Eating Monster to a Money-Making Machine
- By: Shawn Van Dyke
- Narrated by: Shawn Van Dyke
- Length: 6 hrs and 19 mins
- Unabridged
-
Overall
-
Performance
-
Story
Construction industry business coach, speaker, and author, Shawn Van Dyke, has taken the core concepts of Mike Michalowicz's Profit First and customized them to address the specific needs of the construction industry. Profit First for Contractors addresses the major struggles contractors face and provides clear and actionable guidance on how to overcome them. Shawn shows contractors how to go from simply getting by to becoming permanently profitable.
-
-
Not going to help you
- By Amazon Customer on 06-14-19
By: Shawn Van Dyke
-
What the FICO
- 12 Steps to Repairing Your Credit
- By: Ash Cash
- Narrated by: Ash Cash
- Length: 1 hr and 47 mins
- Unabridged
-
Overall
-
Performance
-
Story
What the FICO: 12 Steps To Repairing Your Credit is the only credit repair book you'll ever need. It is a simple guide that will give you step-by-step instruction on how to go from bad to good credit in no time and with minimal cost. If you follow these simple steps, you are going to begin the journey of getting your credit and financial life back in order.
-
-
Well done
- By cj.barber on 12-05-14
By: Ash Cash
What listeners say about Accounting Instruction
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
-
Overall
-
Performance
-
Story
- Accounting Instruction
- 06-18-18
Great adjusting entry help
This books explains the adjusting entry process in a very detailed way. The book does a good job defining what adjusting entries are, and then explains how we can approach any adjusting entry in a systematic way.
The thought process for recording adjusting entries is very helpful and can save a lot of time and frustration when learning this accounting topic. The book goes over each of the main adjusting entries and records them using a step by step thought process.
The can seem repetitive as we apply the same thought process to each adjusting entry, but the repetition is what helps certify the concepts in a practical way.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- Anthony Lopez
- 06-01-18
Very helpful
I like that the book focuses on a specific area of financial accounting rather than trying to cover the entire topic in one book.
The adjusting journal entries process has been one of the more difficult topics to understand for me. The book goes through each journal entry in a step by step way.
This book also has a supplemental PDF file that can be very useful to visualize the processes. I like listening to these audiobooks to supplement my learning and get a better understanding of accounting topics.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!