Introduction to Accounting (4 Credits)

Learning Outcomes:

Explain the accounting concepts and principles as a basis in the preparation of financial statements, and all stages in the accounting cycle; Identify the differences between service and merchandising companies, steps in the accounting cycle for merchandising company, and distinguish between a multiple-step and single-step income statement; Identify the methods in accordance with Financial Accounting Standards (SAK) and International Financial Reporting Standards (IFRS) relating current asset that consists of inventories, cash, and accounts receivable; Prepare the Statement of Cash Flow using indirect and direct method; Analyze company’s performance by using the information stated in financial statement

Topics:

1. Accounting in Action
2. The Recording Process
3. Adjusting The Accounts
4. Completing The Accounting Cycle
5. Accounting for Merchandising Operations
6. Inventories
7. Fraud, Internal Control, Cash
8. Accounting for Receivables
9. Statement of Cash Flows
10. Financial Statement Analysis