Accounting Services Program

Online Program Overview
Description
Length & Time
Course Materials
Tuition & College Information

Description

This course is developed by our instructors to provide on-line content using a Blackboard portal. The rich set of materials, communication tools and other resources are used to present the traditional courses. You will use this site to access Lessons, PowerPoint presentation, quizzes, study guides, tests and self-checks resources for your success of learning the accounting concepts in these courses. You select which course to complete in the semester. Components for this online accounting instruction require a computer, internet connection, and printer. You will be given your access code on Blackboard when you enroll. Students are required to complete a one-hour orientation with instructor.

With Accounting Online Courses you will learn that in commercial enterprises, accounting is involved in recording business transactions and then reporting the results in the form of financial statements. To make the financial statements more understandable, there are some common rules known as generally accepted accounting principles (GAAP). In the USA the lead organization for researching and issuing the accounting rules is the Financial Accounting Standards Board (FASB). Accountants also strive for the financial reporting to be relevant and reliable. You will learn the accounting system is known as double-entry, because every transaction will involve at least two accounts in a company's general ledger. The accounting system requires that at least one account be debited (amount entered on the left side) and one account be credited (amount entered on the right side). The output of the accounting system includes three main financial statements: balance sheet, income statement, and cash flow statement.
Courses in this Accounting Services are:

• Principles of Accounting
  Development of accounting principles, define assets, liabilities and owners equity. Explain and analyze business transactions, develop chart accounts, interpret financial statements and describe importance of accounting as a career opportunity. Use the sales journal to record sales credit and accounts receivable, use the three column purchases journal, apply the major federal laws to compute payroll taxes, adjust the merchandise inventory and prepare and record adjusting and closing entries.
• Financial Accounting
  This Financial Accounting course provides an introduction to financial accounting concepts. The accounting cycles of service organizations and merchandisers are studied with emphasis on the recording of business transactions, and the preparation of financial statements for such organizations. Emphasis is also placed on the accounting principles relating to the measurement, valuation, and reporting of assets, liabilities, and equity, and related internal control considerations.
• Payroll Accounting
  Develop an understanding of the personnel and payroll records that provide the information required under the numerous laws affecting the operations of a payroll system.
• QuickBooks Pro
  Create a QuickBooks company, work with bank accounts, set up and analyze financial data, manage inventory and do payroll.
• Income Tax Accounting
  This course provides an introduction to the laws and procedures needed to prepare federal income taxation returns for individuals.

Who Can Attend?
Adults interested in the field of Accounting.

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Length & Time

The program start dates for 2008 are:

March 24
April 21
June 2

For more information you can contact sghotly@francistuttle.com or call 405-717-4285.

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Course Materials

Students must purchase textbooks for each course from the Rockwell Campus bookstore. For QuickBooks Pro, the proper version of the software is required. See instructor for this information.

For more information you can contact sghotly@francistuttle.com or call 405-717-4285.

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Tuition & College Information

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