Principles of Accounting
Intelligently converse about the following areas:
a. The role of accounting in international business
b. The role of information systems in financial reporting
c. Fraud and how to prevent fraud
d. The theory and practice of income taxes
e. Investing in stocks
f. Career planning and spiritual decision making
g. Managerial accounting as a competitive tool
h. Personal budgeting and financial planning
Balance sheets and income statements
Construct and interpret a balance sheet and income statement understanding its usefulness in business and investment decision making.
Internal Accounting tools
Construct and use internal accounting tools such as cost-volume-profit analysis, budgets, product cost reports, and nonroutine decision analyses to understand how to make better business management decisions.
Terms and Concepts
Comfortably use accounting terms and concepts in business-related discussions.
Write a Memo
Write a brief, focused memo demonstrating basic understanding of background business reading material.
Tools and Resources
Use computer-aided learning tools and online learning resources.
Manage workload in a self-paced learning environment.