Financial Accounting Fundamentals
This unit will cover the basics of financial accounting, including financial statements, accounting principles, and the accounting cycle. Students will learn how to prepare financial statements for different entities, such as corporations, partnerships, and limited liability companies.
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Accounting Standards and Reporting
This unit will discuss the various accounting standards and reporting frameworks used in the United States and internationally. Students will learn about the principles of accounting, the preparation of financial statements, and the role of accounting professionals in ensuring financial reporting accuracy and transparency.
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Financial Analysis and Reporting
This unit will cover the tools and techniques used in financial analysis and reporting, including financial ratios, trend analysis, and data visualization. Students will learn how to analyze financial data, identify trends, and communicate financial information effectively.
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Accounting Cycle and Financial Statements
This unit will provide a comprehensive overview of the accounting cycle and the preparation of financial statements. Students will learn about the different stages of the accounting cycle, the accounting records used, and the preparation of financial statements for different entities.
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Accounting for Limited Companies
This unit will focus on the accounting principles and practices used for accounting for limited companies, such as partnerships and corporations. Students will learn about the different types of equity and liabilities, the preparation of financial statements for limited companies, and the accounting for dividends.
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Accounting for Self-Employed Professionals
This unit will cover the accounting principles and practices used for accounting for self-employed professionals, such as attorneys, accountants, and consultants. Students will learn about the different types of income and expenses, the preparation of financial statements for self-employed professionals, and the accounting for self-employment taxes.
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Accounting for Non-Profit Organizations
This unit will cover the accounting principles and practices used for accounting for non-profit organizations, such as churches, schools, and charities. Students will learn about the different types of income and expenses, the preparation of financial statements for non-profit organizations, and the accounting for grants and donations.
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Accounting Software and Financial Reporting
This unit will discuss the role of accounting software and financial reporting in the accounting process. Students will learn about the different types of accounting software, the principles of financial reporting, and the use of accounting software for financial reporting.
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Accounting Ethics and Professional Standards
This unit will cover the ethical principles and professional standards that accountants must adhere to. Students will learn about the AICPA Code of Ethics, the Sarbanes-Oxley Act of 2002, and the role of accountants in ensuring financial reporting accuracy and transparency.
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The assessment is done via submission of assignment. There are no written exams.