Accounting 101: Accounts Receivable Reserves and Bad Debt | Chris Benjamin | Skillshare

Accounting 101: Accounts Receivable Reserves and Bad Debt

Chris Benjamin, Instructor, MBA and CFO

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13 Videos (1h 6m)
    • Course Introduction

      1:50
    • Instructor Introduction

      1:27
    • Defining Accounts Receivable Allowances

      3:02
    • Allowance for AR Balance Sheet Presentation

      4:14
    • Defining Bad Debt Expense

      2:45
    • Bad Debt Expense Income Statement Presentation

      4:18
    • Excel Basics

      11:30
    • Headers

      6:56
    • Formatting and Specific Reserve Start

      4:57
    • Specific Reserves and General Percentage

      7:30
    • General and Calculation of Reserve

      7:37
    • Journal Entries

      8:19
    • Course Conclusion

      1:53

About This Class

Learn accounts receivable reserves and bad debt from A to Z and become an expert!

JOIN THE 1,000'S OF STUDENTS AND COMPANIES I HAVE TAUGHT ACCOUNTING AND LEARN FROM A PROFESSIONAL BUSINESS CONSULTANT WITH A PROVEN TRACK RECORD FOR SUCCESS!

Three reasons to TAKE THIS COURSE right now!

  1. You get lifetime access to lectures, including all new lectures, assignments, quizzes and downloads I add
  2. You can ask me questions and see me respond to every single one of them thoroughly!  This is an interactive course!
  3. You will are being taught by a professional with a proven track record of success!  

Accounts Receivable is a very important area of your company, it's where the sales the company makes are converted to actual funds.  Managing Accounts Receivable is a skill set of its own, and incorporates much more than people realize.  One example is exactly what we will be learning in this course - accounting for accounts receivable reserves and bad debt expense.  Learn the different methodologies to calculate reserves, the proper accounting at each step from creating a reserve to writing off an actual account, and how to build an effective tool to calculate and track your accounts receivable reserves and write offs. 

What We Learn In The Course:

  • Understand the purpose of accounts receivable reserves and bad debt write offs
  • Demonstrate the creation of a tool in Excel to calculate and track both specific and general reserves
  • Review the presentation on the financial statements
  • Look at the journal entries for each step 
  • And more! By the end of the course you'll be a accounts receivable expert!

At any point if you have a question, please feel free to ask through the course forum, I'd be happy to answer any and all questions.  

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***** Click the button and enroll today!  Let me teach you everything Accounts Receivable Reserve! *****

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About The Instructor

Chris Benjamin, MBA & CFO is a seasoned professional with over 20 years experience in accounting, finance, financial reporting, small business and accounts receivable.  Having spent the first 10 years of my career in corporate settings with both large and small companies, I learned a lot about the accounting process, managing accounting departments, financial reporting, external reporting to board of directors and the Securities and Exchange Commission, and working with external auditors.  

The following 10+ years I decided to go into CFO Consulting, working with growing companies and bringing CFO level experience to companies.  I help implement proper best business practices in accounting and finance, consult on implementation of accounting systems, implementing accounting procedures, while also still fulfilling the CFO roll for many of my clients which includes financial reporting, auditing, working with investors, financial analysis and much more.  

Thank you for signing up for this course. I look forward to being your instructor for this course and many more!

Chris Benjamin, Instructor, CFO & MBA

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Chris Benjamin

Instructor, MBA and CFO

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