Accounting Fundamentals

ACCOUNTING FUNDAMENTALS:   Accounting Fundamentals expands on the Generally Accepted Accounting Principles (GAAP) and procedures for proprietorships and partnerships using double-entry accounting covered in Introduction to Accounting. Emphasis is placed on accounting principles as they relate to both manual and automated financial systems. This course involves understanding, analyzing, and recording business transactions and preparing, analyzing, and interpreting financial reports as a basis for decision-making. 

Length: Year

Offered: Fall/Spring

Number of Periods per Semester: One

Grade Level: 10-11-12

Course Prerequisites: Introduction to Business

Application:  None

Tryout :  None

Counselor Approval Required: None

Dual Credit: No

Weighted::  No

Diploma Path:Directed Elective or Elective for All

Quantitative Reasoning: Yes