Financial Accounting (ACC151)

Issued by StraighterLine

The course introduces students to the accounting framework, concepts, and tools that support economic decision making. Topics include financial accounting; financial statements; cash, accrual and deferral methods; merchandising operations; inventory costing, valuation & management; accounts & notes receivable; cash management & internal controls; reporting for long-term assets, current liabilities & long-term notes payable; and the time value of money. OOSL-0045 (v.3)

Type Validation
Level Foundational
Time Months
Cost Paid

Additional Details

Skills

Financial Accounting
Principles of Accounting

Earning Criteria

The methods of instruction include audiovisual materials, computer-based training, and practical exercises.
The methods of instruction include quizzes and examinations with a minimum passing score of 70 percent.