People Innovation Excellence
 

INTRODUCTION TO ACCOUNTING (4/2 Credits)

Learning Outcomes:

On successful completion of this course, students will be able to: Prepare all step in accounting cycle for service and merchandising company; Explain the methods in recording and measuring assets that consist of inventories, cash, receivables, plant assets, and investments based on International Financial Reporting Standards (IFRS); Explain the methods in recording and measuring liabilities and equity based on International Financial Reporting Standards (IFRS); Prepare statement of cash flows; Analyze companies’ financial statement; Prepare data analysis using Microsoft Excel and configuration setup, master data and transactions using MYOB.

Topics:

  1. Getting Started with Microsoft Excel & Introducing Formulas and Functions;
  2. Working with Formulas and Functions;
  3. Creating Formulas that Lookup Values;
  4. Getting Started Making Charts;
  5. Working with Database Tables in Excel;
  6. Analyzing data with Pivot Tables;
  7. Opening Setup – New Data File, Chart of Account, Customer, Supplier and Link Account;
  8. Opening Balances – Inventory;
  9. Purchase Transactions;
  10. Sales Transactions;
  11. Banking, General Entries, and Inventories;
  12. Reporting;
  13. Case – Opening Setup, Purchase, Sales, Banking Transactions, and General Entries;
  14. Accounting in Action;
  15. The Recording Process;
  16. Adjusting the Accounts;
  17. Completing the Accounting Cycle;
  18. Accounting for Merchandising Operations;
  19. Inventories;
  20. Fraud, Internal Control, and Cash;
  21. Accounting for Receivables;
  22. Plant Assets, Natural resources, and Intangible Assets;
  23. Liabilities;
  24. Corporations: Organization, Share Transactions, Dividends, and Retained Earnings;
  25. Investments;
  26. Statement of Cash Flows;
  27. Financial Statement Analysis.

Published at : Updated

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