Module 1 - Accounting

• Introduction
• The Accounting Cycle
• The Key Reports
• A Review of Financial Terms
• Understanding Debits and Credits
• Your Financial Analysis Toolbox
• Identifying High and Low Risk Companies
• The Basics of Budgeting
• Working Smarter
• People and Numbers

Module 2 - Budgets and Managing Money

• Introduction
• Finance Jeopardy
• The Fundamentals of Finance
• The Basics of Budgeting
• Parts of a Budget
• The Budgeting Process
• Budgeting Tips and Tricks
• Monitoring and Managing Budgets
• Crunching the Numbers
• Getting Your Budget Approved
• Comparing Investment Opportunities
• ISO 9001:2008
• Directing the Peerless Data Corporation

Module 3 - Accounting - Merchandising Transactions

• Merchandising Transactions
• Gross Selling Price
• Returns and Allowances
• Cost of Goods Sold
• Classified Income Statement

Module 4 - Measuring and Reporting Inventory

• Merchandise Inventory
• Determining Inventory Costs
• Four Inventory Costing Methods
• Pro’s and Con’s of the Four Costing Methods
• Journal Entries for the Peretual Inventory Procedure
• Departures from Cost Basis for Inventory Measurement

Module 5 - Accounting - Control and Monitoring of Cash Assessment

• Control of Cash
• Internal Contols
• Controling Cash
• The Bank Checking Account
• Bank Reconcilliation
• Petty Cash Fund

Module 6 - Accounting - Receivables and Payables

• Accounts Receivable
• Uncollectable Accounts
• Write-offs and Recoveries
• Current Liabilities
• Notes Receivable and Note Payable
• Short Term Financing through Notes Payable

Module 7 - Adjustments for Financial Reporting

• Cash versus Accrual Basis Accounting
• Classes and Types of Adjusting Entries
• Adjustments for Deferred Items - Expenses
• Adjustments for Deferred Items - Depreciation
• Adjustments for Accrued Items

Module 8 - Accounting and Its Use in Business Decisions

• The Accounting Environment
• Accounting Defined
• Overview of Accounting
• Financial Statements of Business Organizations
• The Financial Accounting Process
• How Transactions Affect Income Statements and Balance Sheets
• Dividends and Equity Ratios
• Corporate versus Sole Proprietorship or Partnership Accounting

Module 9 - Recording Business Transactions in Accounting

• The Account and Rules of Debit and Credit
• Recording the Transactions
• The Accounting Cycle
• The Accounting Process in Operation
• Analyzing and Using the Financial Results
• The Use of Ledger Accounts

Module 10 - Completing the Accounting Cycle

• The Work Sheet
• Preparation of Financial Statements from the Work Sheet
• Accounting Systems: From Manual to Computerized
• The Closing Process
• A Classified Balance Sheet
• Analysis-Current Ratio

 

Module 11 - Accounting Theory

• Traditional Accounting Theory
• Major Principles
• Modifying Conventions
• Objectives of Financial Statements
• Basic Elements of Financial Statements

Module 12 - Financial Topics

• Foundation 1
• Foundation 2
• Checking Accounts
• Short Term Savings
• Credit
• Summary
• Foundation 3
• Money Management
• Matching Product
• Comparision with Cash Management
• Emergency Fund
• Managing Debt
• Insurance and Protection
• Employee Wages
• Employee Benefits
• Stock and Commodities Markets
• Inflation
• Homeowners Insurance
• Taxation
• Shares and Bonds