Program Description:
This course provides a complete foundation in basic
accounting procedures in a practical, up-to-date, and easy-to-comprehend manner. The goal is to provide students
with a strong basic knowledge of accounting terms,
concepts, and procedures. Emphasis is placed on
developing a firm foundation of fundamental procedures
with appropriate repetition of content through the use
of examples and color-coded illustrations.
After successfully completing this course, the student will be able to:
- Understand the basic accounting cycle and define the basic elements used such as asset, liability,
owner’s equity, revenue, and expense accounts
- List the steps in the accounting cycle and prepare a
post-closing trial balance and interim statements
- Understand and perform functions relative to bank
accounts and cash funds
- Understand the implications of dealing with
employee earnings and deductions, and with
employee taxes, payments, and reports
- Prepare a classified income statement and balance
sheet, compute working capital and current ratio,
and journalize closing entries for a business.
Who Should Attend:
Individuals with little or no accounting background.
|
