Accounting

This course is an introductory course in Financial Accounting. Learn the theory and practice of recording financial accounting data and preparation of financial statements in accordance with Generally Accepted accounting Principles (GAAP)with an emphasis on corporations.

The student will learn current tax laws and how to apply them by preparing complex tax returns on the appropriate IRS forms. Both individual and small business tax returns will be studied and prepared. The student will have the choice of preparing the returns manually and/or using a popular tax software package.

Appropriate managerial accounting reports and critical thinking skills are crucial to a pro-active management process. Learn about financial statement analysis, cash flow forecasting, job order costing in manufacturing, process costing in manufacturing, activity based costing in manufacturing, cost-volume analysis, cost behavior analysis, budgeting, responsibility accounting, case study analysis, critical thinking and decision making skills. 

Course Today nearly all businesses rely on computer software to facilitate the accounting process and provide on demand financial information for effective decision making. Learn accounting software applications such as invoicing and working with customers, payables and working with vendors, month-end accounting and reports, as well as applications for inventory, banking and payroll. Web based software will be utilized in an online platform accessible to all users.