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Credits: 3.00

Financial Accounting Course

This Financial Accounting course is ACE recommended for college credit transfer!

(Recommended prerequisite:  Accounting Basics or Accounting Fundamentals)

This Financial Accounting course covers accounting terminology; the recording and classifying of financial transactions, including analyzing, journalizing, and posting; the preparation of the trial balance, work sheet and financial statements; a familiarization with handling of adjustments, bad debts, inventory and depreciation; and matters concerning sole proprietorship and partnership.  Course objectives:  describe content and purposes of balance sheet and income statement; compare the basic characteristics of the accrual basis with the cash basis of accounting; explain the full accounting cycle and prepare all required journals, entries, and adjustments; outline the necessity for and features of internal control; identify the basic assumptions, principles, and modifying conventions of accounting; describe how inflation affects information presented in conventional financial statements; define partnerships and their characteristics.  Textbook chapter topics include:

Accounting
Basic Financial Statements
The Accounting Cycle: Capturing Economic Events
The Accounting Cycle: Accruals and Deferrals
The Accounting Cycle: Reporting Financial Results
Merchandising Activities
Financial Assets
Inventories and the Cost of Goods Sold

Audience:  Appropriate for students who need a working knowledge of accounting.  Students should expect 6-8 hours of homework each week.

Diploma and Certificate Applications:


Schedule and Registration Information

Choose the delivery type that best suits your needs.  Tuition includes textbook (if applicable).
Webinar times are EST.  All other class times are local time.

Delivery Type Start Date End Date Start Time End Time Location Tuition
On-Line03/05/1206/18/12 On-Line $545.00Register
On-Line06/25/1210/08/12 On-Line $545.00Register
In-House Any Submit Request