Emphasis on nature of accounting as a system of information for decision making. Specific topics include basic financial statements, the accounting cycle, forms of business organization, financial assets, inventories, and depreciation. (E)
Study of accounting is continued through specific topics, including liabilities, stockholder’s equity, statement of cash flows, financial statement analysis, and global and management accounting. (E)
Managerial concepts are explored through accounting systems, management reports, and special analysis for decision making; costvolume-profit analysis; incremental analysis; responsibilities accounting; operational and capital budgeting; and standard cost systems. (E)
Learn the fundamentals of Quickbooks Pro, a popular general ledger software package for small and medium sized businesses. Coverage of vendors and customers transactions, inventory activities, bank transactions, financial reports, end of period procedures, payroll and other key accounting procedures.