This course will provide a foundational knowledge of accounting principles and functions. In addition, the course provides instruction on how to read financial statements and provides education on accounting terminology. A series of sample illustrations demonstrate the concept of accounting for transactions. Information on methods of depreciation and the statement of cash flows is also addressed.

This module covers:

• Overview - Basics of Accounting and Finance
• Introduction to Basics of Accounting
• Basic Accounting Definitions
• Income Statement Terminology
• The Basic Accounting Equation
• Examples of Accounting Transactions
• Depreciation Methods
• Capitalize vs. Expense
• The Statement of Cash Flow (Source and Use of Funds)

This module will take approximately 2 hours to complete and consists of 12 pages.

2.5 hours COE credit

Bruce Maller - BSM Consulting

After you have completed reviewing the materials in this course, you will be ready to take the test. When you complete the test, press the submit button. Your test will be instantly graded and your score will be displayed. You will be able to print your course completion certificate as well.

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