LawShelf Educational Media | Evaluated Learning Experience
Basics of Accounting (ACC-101)
Various (self-study, self-paced).
June 2021 - Present.
Upon successful completion of the course, students will be able to: read and analyze balance sheets, determine and explain the significance of each entry; engage in accounting work, including the processes of matching, calculating credits and debits, cash flows, depreciation and other accounting skills; apply the basic rules of the Generally Accepted Accounting Principles (GAAP); and utilize various quantitative tools in the accounting toolbox, including ratio analyses, determining profitability and company valuation.
This course teaches students the most important principles in accounting. It covers the accounting process, balance sheets, cash flow analysis, record-keeping and inventory keeping. The course also surveys the Generally Accepted Accounting Principles (GAAP) and covers different types of ratio analyses and their rules and uses.
In the lower division baccalaureate/associate degree category, 2 semester hours in Business or Business Management (6/21).