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

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