Accounting

Description

Accounting A/B

The Bureau of Labor Statistics identifies accounting as one of the best careers for job growth in the next decade. This course empowers high school students with the essential skills they need to understand accounting basics. Lessons include Account Types (assets, liabilities, expenses, etc.), Fundamentals of Bookkeeping, Financial Statements, and Careers in Accounting. Engaging and relevant, this course particularly helps both those students with an accounting career orientation, and those in need of an overview of essential accounting principles.

Accounting Semester A

Course Overview

This one-semester course is intended to help you familiarize yourself with the basics of accounting. This course has 15 lessons organized into four units. Each unit has a Unit Activity and each lesson contains one or more Lesson Activities.

Additionally, there is one Course Activity that you need to work on throughout the duration of the course. This activity is a long-term project spread over the length of the course. The due date for this activity is to be determined by the course instructor.

This course covers the fundamentals of bookkeeping and financial statements. It also covers career opportunities and the key government regulations in the accounting field.

This course will help you meet the following goals:

• Apply fundamental accounting and bookkeeping concepts to evaluate businesses.
• Explain the fundamental accounting cycle.
• Apply accounting principles to prepare books of accounts.

• Prepare financial statements for businesses.

• Identify various career options in accounting.

• Explain the key government regulations and important internal controls in accounting.

Accounting Semester A has the following prerequisites:

• basic math knowledge

• ability to visualize and apply creativity and innovation

• familiarity with the writing process and following guidelines

• basic computer skills

• ability to structure and process information

Accounting Semester B

This one-semester course is intended to help you understand the accounting functions specific to different kinds of businesses. This course has ten lessons organized into three units. Each unit has a Unit Activity and each lesson contains one or more Lesson Activities.

Additionally, there is one Course Activity that you need to work on throughout the duration of the course. This activity is a long-term project spread over the length of the course. The due date for this activity is to be determined by the course instructor.

This course covers the accounting functions of different business types and the specialized accounting tasks related to them. It also covers and the essentials interpersonal and workplace skills required as a professional in this field.

This course will help you meet the following goals:

• Identify accounting functions for different types of business ownership.

• Analyze financial statements to determine a firm’s financial condition.

• Explain specialized accounting procedures to track cash flow.

• Describe payroll concepts and procedures to calculate payroll earnings.

• Describe tax accounting functions for different types of firms.

• Identify interpersonal and professional skills required for a successful accounting career.

• Describe the use of information technology in accounting.