강좌 소개

주별 교육내용

기타 참고사항

1. Identify the major financial statements and other means of financial reporting
2. List the objectives of financial reporting.
3. Explain the meaning of generally accepted accounting principles.
4. Understand basic accounting terminology.
5. Explain double-entry rules.

1. Identify the primary financial statements.
2. Explain elements of the primary financial statements.
3. Explain basic assumptions and concepts.

1. Understand accounting systems and basic accounting terminology.
2. Explain double entry rules.
3. Identify steps in the accounting cycle.
4. Record transactions in journals.

1. Explain the double entry rules.
2. Record transactions in journals, post to ledger accounts, and prepare a trial balance.
3. Understand the purpose of the trial balances.

1. Understand why the adjusting entries are required.
2. Explain the accrual basis and cash basis accounting.
3. Explain periodic reporting.

1. Identify the areas which require the adjusting entries.
2. Understand accruals and deferrals.

Review the chapters covered in the first six weeks with some sample test questions.

1. Prepare financial statements from the adjusted trial balance, using the 10 columne worksheet.
2. Prepare closing entries.
3. Understand reversing entries.

1. Understand the merchandising companies.
2. Explain how to adjust inventory accounts at year-end for the merchandising firms.
3. Explain how to compute the cost of goods sold.

1. Identify items considered as cash and indicate how to report cash and related items.
2. Explain how to account for petty cash funds.
3. Understand why the bank reconciliation is required and how to prepare it.

1. Define receivables and identify the different types of receivables.
2. Explain accounting issues related to valuation of accounts receivable.
3. Explain accounting issues related to recognition of notes receivable.

1. Identify the effects of inventory errors on the financial statements.
2. Describe and compare the cost flow assumptions used to account for inventories.
3. Describe and apply the lower-of-cost-or-market rule.
4. Explain when companies value inventories at net realizable value.

1. Describe and apply the lower-of-cost-or-market rule.
2. Explain when companies value inventories at net realizable value.
3. Understand how to estimate the inventory using the gross profit method and the retail inventroy method.
4. Understand how to Identify the acquisition costs of long term assets.

1. Describe property, plant, and equipment.
2. Identify the costs to include in initial valuation of property, plant, and equipment.
3. Describe the accounting treatment for costs subsequent to acquisition.
4 Explain the concept of depreciation.
5. Identify the factors involved in the depreciation process.
6. Understand how to compute the depreciation expenses.