Course Description

Students in this class will learn the basic skills necessary to complete all of the transaction journaling and working papers for a service or merchandising business. Students will complete various projects involving the completion of financial transactions, reading financial documentation to make sound management decisions, reinforcement activities as well as real life simulations for a full accounting cycle.

Proficiency Targets

Business Principles

As evidenced based on classroom assessments, the student is able to:

Prove and rule a journal 01.01.01 to 01.01.04

Create and modify a payroll register 01.02.01 to 01.02.06

Calculate component percentages on an Income Statement to recommend changes to increase net income 1.03.01 to 01.03.02 & 01.05.01 to 01.05.03

Review and analyze source documents for accuracy and select appropriate journal to journalize 01.04.01 to 01.04.05

Workplace-Business Communications

As evidenced based on classroom assessments, the student is able to:

Take accounting data and prepare an Income Statement, Balance Sheet, and Statement of Owner's Equity 03.01.01

Use financial statements to prepare a presentation using PowerPoint or similar software to present data in a user-friendly format 03.01.02 to 03.01.04

Problem Solving & Critical Thinking

As evidenced based on classroom assessments, the student is able to:

Evaluate financial statements and make recommendations to the owner to improve company performance based on industry standards 04.01.01

Information Technology Applications

As evidenced based on classroom assessments, the student is able to:

Research, compare & utilize the various types of accounting software available to companies 05.01.04

Safety, Health & Environmental

As evidenced based on classroom assessments, the student is able to:

Use Internal cash controls and understand the importance of tracking source documents 07.01.03