College Accounting-Period 1

College Accounting uses an integrated approach to teach accounting. Students first learn how
businesses plan for and evaluate their operating, financing and investing decisions and then how
accounting systems gather and provide data to internal and external decisions makers. This year-
long course covers all the learning objectives of a traditional college level financial accounting
course, plus additional topics from a managerial accounting course. Topics include an
introduction to accounting, accounting information systems, time value of money, and
accounting for merchandising firms, sales and receivables, fixed assets, debt and equity. Other
topics include statement of cash flows, financial ratios, cost-volume profit analysis and variance
analysis.