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The Accounting Cycle is a series of steps which are repeated every reporting period. The process starts with making accounting entries for each transaction and goes through closing the books.
***LOGIN REQUIRED*** Accounting covers accounting principles and practices, the complete accounting cycle and creation of financial reports. Use of the general journal and special journals, general ledger, accounts payable, accounts receivable and proper financial reporting.This course provides instruction in the basic accounting procedures used to operate a business including sole proprietorship, partnerships, and corporations. The accounting procedures presented will also serve as a sound background for employment in office jobs and preparation for further education and training. The complete accounting cycle is covered, students learn how to us generally accepted accounting principles to prepare, analyze, verify financial transactions, reports and economic information to make decisions for organizations.The course trains students in the basics of manual and computerized accounting. Students learn accounting topics including ethics, accounting principles, computing accounting, accounting terminology, job specific accounting, and clerical duties related to accounting. Students also gain real-world applications in income tax, personal finance, and stock market.
Accounting Principles: A Business Perspective uses annual reports of real companies to illustrate many of the accounting concepts in use in business today. Gaining an understanding of accounting terminology and concepts, however, is not enough to ensure your success. You also need to be able to find information on the Internet, analyze various business situations, work effectively as a member of a team, and communicate your ideas clearly. This text was developed to help you develop these skills.
Though accounting may seem like a dense and complex subject, this course is designed to present the accounting cycle in an accessible and logical manner. It will provide you with a solid understanding of basic accounting principles and will introduce you to financial statement analysis.
Special journals are designed as a simple way to record a single type of frequently occurring transaction. The types of special journals depends on the nature of the business, but a few types are frequently seen in businesses that rely on manual accounting procedures.
Learn more about special journals and subsidiary ledgers in these tutorials.
Asset Management ratios help analyze how quickly a company's resources can be converted to cash or sales. These tutorials define the ratios and walk you through the calculations, including where on the financial statements the numbers can be found.
Atoms are the basic building blocks of all matter in our universe, and molecules are structured combinations of those atoms. Learn more about atoms and molecules in these tutorials.
This course provides a step by step guide on how to build a balanced scorecard. The course describes the development process and includes examples of actual balanced scorecards. Supplemental materials, such as excel spreadsheets, are also available. Course Level: Intermediate - An overall understanding of business and strategic planning is useful for fully understanding this course. Recommended for 2.0 hours of CPE. Course Method: Inter-active self study with audio clips, self-grading exam, and certificate of completion.
Accounting Definitions 1 deals with the basic definition, purpose and function of accounting. Added to this, we will look at the differences between the accounting and bookkeeping functions, as well as the difference between financial accounting and management accounting.
Worksheet with five pairs of ledger accounts. Students should use each pair to record double-entry transactions. Solutions are included.
Uses a case approach to develop a framework for business analysis. Provides students with tools for business analysis, including strategic, accounting, financial, and prospective analysis. Concepts are then applied to a number of decision-making contexts, such as credit analysis, investor communications, merger analysis, financial policy decisions, and securities analysis. From the Course Description: Course Description The purpose of this class is to advance your understanding of how to use financial information to value and analyze firms. We will apply your economics/accounting/finance skills to problems from today's business news to help us understand what is contained in financial reports, why firms report certain information, and how to be a sophisticated user of this information.
This course is designed for users with a working knowledge of capital budgeting who want to improve their current practices. The course focuses on three stages of capital budgeting analysis. The purpose of the course is to introduce new concepts and ideas that will improve capital budgeting; such as option pricing and post audit analysis. Course Level: Intermediate and Advanced - Since this course goes beyond traditional capital budgeting analysis, it is recommended that users have an understanding of capital budgeting prior to taking this course. Recommended for 2.0 hours of CPE. Course Method: Inter-active self study with audio clips, self-grading exam, and certificate of completion.
The VUMA! Careers space contains information and news on tons of careers, including general information, university information, news, links and more.
The VUMA! Careers space contains information and news on tons of careers, including general information, university information, news, links and more
This course provides a basic overview of how competitive intelligence works, including analytical techniques and counter-intelligence. The course describes specific methods for conducting competitive intelligence. Course Level: Beginner to Intermediate - No background of the subject matter is required although a general business background is recommended. Recommended for 2.0 hours of CPE. Course Method: Inter-active self study with self-grading exam and certificate of completion.
This course provides more in-depth coverage on competitive intelligence with an emphasis on analytical models used by CI Professionals. The course also provides an overview of CI Systems and pulls all concepts together by presenting some short case studies. Course Level: Intermediate - You should complete Course 12 - Part 1 before taking this course. Recommended for 2.0 hours of CPE.
Consumer Bankruptcy can be defined as the legal process thorough which individuals who end up in financial trouble are able to work out their debts and pay them under the protection of the bankruptcy court. Learn about the consumer bankruptcy process and types of bankruptcy in this introduction.
Concepts in consumer credit and banking are explained in this series of tutorials.
Worksheet that looks at a debtors control account, requiring students to use a template to complete the question given. Solutions are included.