Accounting 10, 20, 30
Course Configurations
Investigate the need for accounting in business.
Explain the role of accounting standards.
Analyze the relationship between assets, liabilities and owners’ equity within the accounting equation.
Utilize transactions and apply T-accounts in order to understand the concept of an account.
Explore how journals simplify and organize transactions in accounting.
Summarize transactions of an account by updating ledgers to obtain current balance.
Create a worksheet to summarize data in order to generate financial statements.
Prepare and interpret financial statements (income statement and balance sheet) for an accounting period.
Generate adjusting and closing entries in relation to the appropriate accounting period.
Explore the final step of the accounting cycle.
Examine accounting practices through application of the accounting cycle for service business scenarios.
Justify the importance of wellness practices for employers and employees.
Investigate career opportunities in the accounting industry in Saskatchewan and Canada.
Investigate payroll and how net pay is calculated.
Investigate technology as a tool to aid in the accounting process.
Investigate different types of businesses and options for ownership.