It will describe the benefits and dangers of using credit and analyze the loan application process. Students will study vehicle and property insurance coverage along with budgeting. Examination of year-end tax related papers to plan and prepare proper state and federal income tax returns will also be included. This course introduces the process of entering into and managing your own business enterprise. It will expose students to the rewards and pitfalls of organizing, owning, and operating your own businesses.
Students explore business opportunities, role of an entrepreneur, and consumers awareness.
This course is recommended for all students to help them develop skills related to business and personal financial recordkeeping and responsibilities. Emphasis is placed on principles and procedures of accounting for businesses. Knowledge of accounting concepts will help students in a variety of business classes, including computers. This course is recommended for students who need advanced accounting principles and procedures, including financial statement analysis. This second year course will help students prepare for college accounting courses that are part of any business curriculum.