Introducing To Accounting

Learning Outcomes:

Explain the accounting concepts and principles as a basis in the preparation of financial statements and explain the stages in the accounting cycle; Identify the differences between service and merchandising companies, and also identify the steps in the accounting cycle for merchandising company; Identify some of the methods in accordance with Financial Accounting Standarts (SAK) and International Financial Reporting Standarts (IFRS) relating current asset that consists of inventories, cash, and accounts receivables.

Topics:

1. Introduction to Financial Statements
2. The Accounting Information Systems
3. Accrual Accounting Concepts
4. Merchandising Operations and the Multiple-Step Income Statement
5. Reporting and Analyzing Inventory
6. Fraud, Internal Control, and Cash
7. Reporting and Analyzing Receivables