This course introduces fundamental accounting principles, the preparation and interpretation of financial statements, and the rules and procedures used to record and analyze business transactions. Each topic includes examples, key terms, and helpful tips to reinforce your understanding of real-world accounting.

• Accounting Principles and the Accounting Equation
• The Accounting Cycle and Transaction Analysis
• Financial Statements and Business Structures
• Ethics, GAAP, and Internal Controls
• Revenue, Expenses, and Profitability
• Inventory and Cost of Goods Sold
• Receivables and Bad Debts
• Long-Term Assets and Depreciation
• Liabilities and Owner’s Equity
• Statement of Cash Flows and Financial Analysis