Financial and Managerial Accounting

Topics Covered in This Course:

In Section 1 of this course you will cover these topics: Accounting and the business environment Recording business transactions The adjusting process In Section 2 of this course you will cover these topics: Completing the accounting cycle Accounting for a retail business Internal control and cash In Section 3 of this exam you will be evaluated on below listed topics: Receivables Inventory Long-term assets: plant assets and intangibles In Section 4 of this course you will cover these topics: Current liabilities and payroll Corporations and stockholders and rsquo; equity Long-term liabilities In Section 5 of this course you will cover these topics: The statement of cash flows Financial statement analysis Introduction to management accounting Job order costing Process costing Activity-based costing and other cost management tools Cost-volume-profit analysis Short-term business decisions Capital investment decisions and the time value of money The master budget and responsibility accounting Flexible budgets and standard costs Performance evaluation and balanced scorecard