Financial Accounting

Learning Outcomes :

On successful completion of this course, student will be able to: Measure the performance of a merchandising business and Estimate the cost of services or goods sold to customer; Prepare the financial statements through the accounting process; Use Cost-Volume-Profit (CVP) and incremental analysis in common business decisions; Create operational budget for a company

Topics :

1. Accounting: Information for Decision Making
2. Basic Financial Statement
3. Accounting Cycle: Capturing Economic Events
4. Accounting Cycle: Accrual and Deferrals
5. Accounting Cycle: Reporting Financial Result
6. Merchandising Activities
7. Inventories and the Cost of Goods Sold
8. Financial Statement Analysis
9. Job Order Cost System and Overhead Allocation
10. Process Costing
11. Cost-Volume-Profit Analysis
12. Incremental Analysis
13. Operational Budgeting