Accounting 10, 20, 30

(a)	Recognize and use the language of accounting (e.g., assets, liabilities, debits, credits).
(b)	Identify accounting related career opportunities (e.g., bookkeeping, general office work, clerk, payroll, receivables, payables).
(c)	Define financial accounting, cost accounting and management accounting.
(d)	Recognize forms of business ownership including sole proprietorship, corporation, franchise, partnership, and a cooperative model.
(e)	Discuss how different forms of business ownership have led to the need for different accounting practices.
(f)	List and classify types of business enterprises (e.g., resources, manufacturing, merchandising and service) within local community, Saskatchewan, Canada and globally.
(g)	Discuss how different types of business enterprises (e.g., resources, manufacturing, merchandising and service) require different accounting practices.
(h)	Identify the role/purpose of accounting from the perspective of a manufacturer, producer, wholesaler, retailer, consumer and citizen in the business world.
(i)	Discuss how accountants’ training and practices will vary according to the type of employer (e.g., manufacturer, producer, retailer) and job description.
(j)	Examine the inquiry question: Why is accounting important?
(k)	Label the steps of the accounting cycle (i.e., analyze originating transaction data, journalize, post, prepare worksheets, prepare financial statements, journalize and post adjusting and closing entries, prepare post-closing trial balance).

→