Accounting:  The Language of Business

Course Content | Accounting Resources

Accounting IAccounting is the language of business. Every organization, private for-profit firms, private non-profit organizations, government agencies, and other organizations all need to keep track of money.

Accounting is all about understanding how money flows in and out of an entity. Accounting is about communicating this with all the different stakeholders incluing: Management, Employees, State & Government Agencies, Creditors, and Financers/Banks

Almost all of us will spend our Careers in business, non-profits, or public service. Planning for success means preparing for being ready for advancement opportunities. Most of the top-managers in any business have a background in Accounting. This is because, without understanding how money flows through an organization, it is not possible to make good operating decisions.


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Accounting Units (Text:  Warren/Reeves/Duchac 26e)

  1. Introduction to Business & Accounting
  2. Analyzing Transactions
  3. The Adjusting Process
  4. Completing the Accounting Cycle
  5. Accounting Systems
  6. Accounting for a Merchandising Business
  7. Inventories
  8. Sarbanes-Oxley, Internal Control, and Cash
  9. Receivables
  10. Fixed Assets and Intangible Assets
  11. Current Liabilities and Payroll
  12. Accounting for Partnerships
  13. Corporations:  Organizing, Stock Transactions, and Dividends
  14. Long-Term Liabilities
  15. Investments and Fair Value Accounting
  16. Statement of Cash Flow
  17. Financial Statement Analysis
  18. Managerial Accounting Concepts and Principles
  19. Job Order Accounting
  20. Process Cost Systems
  21. Cost Behavior and Cost-Volume-Profit Analysis
  22. Budgeting
  23. Performance Evaluation Using Variances from Standard Costs
  24. Performance Evaluation for Decentralized Operations
  25. Differential Analysis, Product Pricing, and Activity-Based Costing
  26. Capital Investment Analysis

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