Course Contents at a Glance

an icon of a pair of binoculars

The following list shows a summary of the topics covered in this course. To see all of the course pages, visit the Table of Contents.

Module 0: Personal Accounting

  • Financing Your Education
  • Financing the Present
  • Financing the Future

Module 1: The Role of Accounting in Business

  • Accounting Defined
  • Accounting Information
  • The Basic Accounting Equation
  • Accounting in Business
  • Challenges in Accounting

Module 2: Accounting Principles

  • Financial Accounting Standards in the United States
  • Fundamental Concepts of US Accounting Standards
  • Accrual Basis Accounting
  • International Financial Reporting Standards

Module 3: Recording Business Transactions

  • Double-Entry Bookkeeping
  • Journals and Ledgers
  • The Recording Process

Module 4: Completing the Accounting Cycle

  • The Adjusting Process
  • Creating Adjusting Journal Entries
  • Preparing an Adjusted Trial Balance
  • Preparing Financial Statements
  • Closing the Books

Module 5: Accounting for Cash

  • Establishing Internal Controls
  • Accounting for Petty Cash
  • Preparing a Bank Reconciliation
  • Accounting for Credit Card Transactions
  • Financial Statement Presentation

Module 6: Receivables and Revenue

  • Revenue Recognition
  • Uncollectible Accounts
  • Notes Receivable
  • Reporting Receivables on the Financial Statements

Module 7: Merchandising Operations

  • Merchandising Business
  • Periodic Inventory System
  • Perpetual Inventory System
  • Controls over Inventory

Module 8: Inventory Valuation Methods

  • Inventory Cost Flow Assumptions
  • Inventory Cost Methods
  • Financial Statement Presentation

Module 9: Property, Plant, and Equipment

  • Plant Assets
  • Depreciation Expense
  • Journalizing Asset Disposal
  • Reporting PP&E

Module 10: Other Assets

  • Natural Resources
  • Intangible Assets
  • Other Current and Noncurrent Assets
  • Reporting Other Assets

Module 11: Current Liabilities

  • Current Liabilities
  • Accounts Payable
  • Payroll
  • Other Current Liabilities
  • Reporting Current Liabilities

Module 12: Non-Current Liabilities

  • Long-term Financing
  • Bonds Payable
  • Leases
  • Reporting Long-Term Liabilities

Module 13: Accounting for Corporations

  • Corporations
  • Capital Stock Transactions
  • Distribution of Earnings
  • Financial Statement Presentation

Module 14: Statement of Cash Flows

  • Statement of Cash Flows
  • Indirect Method of Preparing a Statement of Cash Flows
  • Preparing a Statement of Cash Flows

Module 15: Financial Statement Analysis

  • Objectives of Financial Statement Analysis
  • Liquidity Measures
  • Operating Efficiency Measures
  • Measures of Profitability
  • Measures of Solvency
  • Comparative Analysis of Financial Statements