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Financial and Managerial Accounting

 

All necessary reference material required to prepare for this course such as recommended reference books and other study material will be available in your student's area. To complete the program you will be required to pass an online exam for all following topics covered in this course.

          Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Accounting and the business environment
    Recording business transactions
    The adjusting process
  In Section 2 of this course you will cover these topics:
    Completing the accounting cycle
    Accounting for a retail business
    Internal control and cash
  In Section 3 of this exam you will be evaluated on below listed topics:
    Receivables
    Inventory
    Long-term assets: plant assets and intangibles
  In Section 4 of this course you will cover these topics:
    Current liabilities and payroll
    Corporations and stockholders and rsquo; equity
    Long-term liabilities
  In Section 5 of this course you will cover these topics:
    The statement of cash flows
    Financial statement analysis
    Introduction to management accounting
    Job order costing
    Process costing
    Activity-based costing and other cost management tools
    Cost-volume-profit analysis
    Short-term business decisions
    Capital investment decisions and the time value of money
    The master budget and responsibility accounting
    Flexible budgets and standard costs
    Performance evaluation and balanced scorecard



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