4524 Accounting Fundamentals

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Credits: 
2 semester course, 2 semesters required, 1 credit per semester, 2 credits maximum
Counts as: 
A directed elective or elective all diplomas
Course Description: 

Accounting Fundamentals introduces the language of business using Generally Accepted Accounting Principles (GAAP) and procedures for proprietorships and partnerships using double-entry accounting. Emphasis is placed on accounting principles as they relate to both manual and automated financial systems. This course involves understanding, analyzing, and recording business transactions and preparing, analyzing, and interpreting financial reports as a basis for decision-making.

Collection: 
Local Learning Opportunities
Recommended Grade: 
Grade 10
Grade 11
Grade 12
Industry or Service: 
Business Management, Finance, and Marketing
Program Type: 
Next Level Programs of Study Courses
Course Code: 
INTO ACCT
Required Prerequisites: 
None
Recommended Prerequisites: 
None