1. All topics
  2. Business
  3. Finance and Accounting
  4. Accounting Skills
Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles) Preview

Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles)

With Denise Probert Liked by 5,285 users
Duration: 1h 8m Skill level: Beginner Released: 10/29/2021

Start my 1-month free trial Buy for my team

Course details

While working in accounting or the broader financial field is often centered around numbers, dollars, and other known quantities, there can often be a lot of questions when you step back from the figures and calculations and ask the “why” of doing what you’re doing. For example, why does the income statement show the amount of net income that it shows? Or, what is the revenue recognition principle? In this course, Denise Probert explores the US GAAP, or General Applied Accounting Principles, the guiding backbone to the work of accounts in the US. Denise shows you the key things to know, where to get additional resources, and how these apply to working as an accountant or CPA.

Skills you’ll gain

Earn a sharable certificate

Share what you’ve learned, and be a standout professional in your desired industry with a certificate showcasing your knowledge gained from the course.

Sample certificate

Certificate of Completion

  • Showcase on your LinkedIn profile under “Licenses and Certificate” section

  • Download or print out as PDF to share with others

  • Share as image online to demonstrate your skill

Meet the instructor

Learner reviews

4.7 out of 5

4,300 ratings
  • 5 star
    Current value: 3,339 78%
  • 4 star
    Current value: 765 18%
  • 3 star
    Current value: 166 4%
  • 2 star
    Current value: 16 <1%
  • 1 star
    Current value: 14 <1%
  • Ronit Samaddar Ronit Samaddar

    Ronit Samaddar

    Assurance Associate R&C at RSM-USI

    5/5 June 22, 2025
    Excellent course!
    Helpful · Report
  • Mohsin K. Mohsin K.

    Mohsin K.

    A Trusted Guide for Business Owners to Achieve Clarity, Growth & Success | Founder | MK Bookkeeping | QuickBooks ProAdvisor | MBA Fin. | 25+ Years in…

    5/5 May 17, 2025
    Excellent course for accounting professionals! I recently completed the "Understanding the GAAP" course by LinkedIn Learning, and I must say it was incredibly well-structured and informative. As a bookkeeper and accounting professional, understanding GAAP is essential — and this course provided a solid foundation in a very concise and clear format. ✔️ The instructor explained complex concepts with simplicity ✔️ Real-world examples helped in applying the principles ✔️ The content is relevant and aligned with U.S. accounting standards This course, verified by NASBA, has definitely enhanced my confidence in financial reporting and will support my work with clients across the U.S. and Canada. I highly recommend it to all bookkeepers, accountants, and finance professionals who want to refresh or deepen their knowledge of GAAP. Thank you, LinkedIn Learning, for providing such valuable content!
    Helpful · Report
  • Ishwar Paudel Ishwar Paudel

    Ishwar Paudel

    More then 15 years of professional experience in Administration and Financial Management with multi donor funded UN Programme & Private Sector in…

    4/5 May 12, 2025
    I have learn smoothly and clearly!
    Helpful · Report

Contents

What’s included

  • Practice while you learn 1 exercise file
  • Test your knowledge 3 quizzes
  • Learn on the go Access on tablet and phone
  • Stay up to date Continuing Education Units

Download courses

Use your iOS or Android LinkedIn Learning app, and watch courses on your mobile device without an internet connection.

Download on the App Store Get it on Google Play