The following list shows a summary of the topics covered in this course. To see all of the course pages, visit the Table of Contents.
Module 0: Personal Accounting
- Financing Your Education
- Financing the Present
- Financing the Future
Module 1: The Role of Accounting in Business
- Accounting Defined
- Accounting Information
- The Basic Accounting Equation
- Accounting in Business
- Challenges in Accounting
Module 2: Accounting Principles
- Financial Accounting Standards in the United States
- Fundamental Concepts of US Accounting Standards
- Accrual Basis Accounting
- International Financial Reporting Standards
Module 3: Recording Business Transactions
- Double-Entry Bookkeeping
- Journals and Ledgers
- The Recording Process
Module 4: Completing the Accounting Cycle
- The Adjusting Process
- Creating Adjusting Journal Entries
- Preparing an Adjusted Trial Balance
- Preparing Financial Statements
- Closing the Books
Module 5: Accounting for Cash
- Establishing Internal Controls
- Accounting for Petty Cash
- Preparing a Bank Reconciliation
- Accounting for Credit Card Transactions
- Financial Statement Presentation
Module 6: Receivables and Revenue
- Revenue Recognition
- Uncollectible Accounts
- Notes Receivable
- Reporting Receivables on the Financial Statements
Module 7: Merchandising Operations
- Merchandising Business
- Periodic Inventory System
- Perpetual Inventory System
- Controls over Inventory
Module 8: Inventory Valuation Methods
- Inventory Cost Flow Assumptions
- Inventory Cost Methods
- Financial Statement Presentation
Module 9: Property, Plant, and Equipment
- Plant Assets
- Depreciation Expense
- Journalizing Asset Disposal
- Reporting PP&E
Module 10: Other Assets
- Natural Resources
- Intangible Assets
- Other Current and Noncurrent Assets
- Reporting Other Assets
Module 11: Current Liabilities
- Current Liabilities
- Accounts Payable
- Payroll
- Other Current Liabilities
- Reporting Current Liabilities
Module 12: Non-Current Liabilities
- Long-term Financing
- Bonds Payable
- Leases
- Reporting Long-Term Liabilities
Module 13: Accounting for Corporations
- Corporations
- Capital Stock Transactions
- Distribution of Earnings
- Financial Statement Presentation
Module 14: Statement of Cash Flows
- Statement of Cash Flows
- Indirect Method of Preparing a Statement of Cash Flows
- Preparing a Statement of Cash Flows
Module 15: Financial Statement Analysis
- Objectives of Financial Statement Analysis
- Liquidity Measures
- Operating Efficiency Measures
- Measures of Profitability
- Measures of Solvency
- Comparative Analysis of Financial Statements