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Principles of 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
    Merchandising operations
    Merchandise inventory
    Accounting information systems
  In Section 3 of this exam you will be evaluated on below listed topics:
    Internal control and cash
    Receivables
    Plant assets and intangibles
    Current liabilities and payroll
    Partnerships
    Corporations: paid-in capital and the balance sheet
  In Section 4 of this course you will cover these topics:
    Corporations: retained earnings and the income statement
    Long-term liabilities
    The statement of cash flows
    Financial statement analysis
    Introduction to management accounting
    Job order costing
  In Section 5 of this course you will cover these topics:
    Process costing
    Cost-volume-profit analysis
    The master budget and responsibility accounting
    Flexible budgets and standard costs
    Activity-based costing and other cost management tools
    Special decisions and capital budgeting



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