Diploma in Logistics and Supply Chain Managment: Introduction to Accounting - Taylor Pro College

Diploma in Logistics and Supply Chain Managment: Introduction to Accounting

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About Course

This course covers basic accounting concepts and principles and their application to business transactions: the accounting cycle leading to financial statements preparation with emphasis on the balance sheet, the income statement and the statement of owner’s equity, and an introductory consideration of selected asset accounts like cash, receivables and merchandise inventory.

What Will You Learn?

  • Describe the objectives of financial reporting
  • Explain the accounting cycle from journalizing up to financial statement preparation
  • Use accounting information systems
  • Analyze financial information for business decisions

Course Content

Topic 1: Introduction to Accounting

Topic 2: Accounting in Business

Topic 3: Analyzing and Recording Transactions

Topic 4: Adjusting Accounts for Financial Statements

Assessment I

Topic 5: Completing the Accounting Cycle and Classifying Accounts

Topic 6: Accounting for Merchandising Activities

Topic 7: Merchandise Inventory and Cost of Sales

Topic 8: Internal Control and Cash

Assessment II

Topic 9: Receivables

Topic 10: Payroll Liabilities

Final Exam

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