Events
General Accounting
AUDIENCE: Individuals with little or no accounting background.
This AIB 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, you 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
TEXT: College Accounting, 9th edition, 2008, Houghton Mifflin Company
Recommended Instructional Hours: 45 Live, 16 Weeks Online Delivery Methods Available: Live, Online
Recommended AIB Credit: 3
Date/Time: 9/20/10-1/23/11, 11/18/10-2/20/11, 11/15/10-3/20/11, 12/13/10-4/17/10
Subject: None
Format: Webinar