Topics covered include long-lived assets and depreciation, liabilities, leases, income taxes, pensions, stockholder s equity, earnings per share, investments and Statement of Cash Flows. This course covers the functions of an accounting information system within an organization and examines topics in internal controls and system documentation. The course emphasizes a commercial software package integrated with accounting cases, using a team approach. These cases explore systems in banking, customers and sales, vendor purchases and inventory, payroll, budgets, reports and graphics. The purpose of this course is to develop analytical techniques.
Specific emphasis is placed on topics covered in professional accounting certification exams.