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Major topics include: introduction to accounting; financial statements; mechanics of the accounting cycle; adjusting accounts and preparing financial statements; internal controls; merchandising operations and inventory; receivables; completing the operating cycle; long-term assets; current and long-term liabilities; reporting and analyzing equity; statement of cash flows; and financial statement analysis and interpretation.
Upon successful completion of the course, students will be able to: define and compare managerial accounting functions, processes and responsibilities; distinguish between cash management, auditing, and financial reporting methods; understand and define cost classifications and formulas, and calculate cost and profit analyses; evaluate cash flow, income statements, inventory and costing systems; describe the activity-based costing process; identify and distinguish between the components of budgets and standard cost evaluations; examine accounting reporting tools and reporting responsibilities; learn how to calculate, analyze and make decisions regarding costs, investments, budgeting, spending and cash flow; explain how financial statements, income statement, balance sheets and cash flow statements are prepared and used; and interpret and analyze various types of financial statements.
Upon successful completion of the course, students will be able to: compare types of businesses such as partnerships, corporations, and others; breakdown major accounting principles, such as the accounting cycle; apply the accounting equation and evaluate return on equity; compile balance sheets, income statements, and statements of cash flows; analyze financial documentation; evaluate methods for calculating inventory; appraise corporate accounting practices; differentiate adjusted and closing trial balances and more; and illustrate how businesses use rations to create financial forecasts.
Major topics include: business ownership types; key accounting concepts; journals and ledgers in accounting; accounting equations and formulas; financial statements, balance sheets and income statements; analyzing financial statements; financial statement ratios; accounting for inventory; accounting for deprecation; accounting for compensation, taxes and liabilities; adjustments and closing entries; corporate accounting; departmentalized accounting; taxation for corporations; and business and financial forecasting.
Major topics include: overview of managerial accounting; internal controls in accounting; cost types; cost behavior analysis and cost volume profit; job-order costing and process costing; basics of activity-based costing; budgeting and standard costs; reporting systems and structures in accounting; short and long-term decision-making in accounting; and basics of financial statement analysis.
Upon successful completion of the course, students will be able to: describe the uses and application of financial accounting, the GAAP, and IFRS principles and provide examples for demonstration purposes; analyze specific environmental and theoretical structures affecting financial accounting: economic cost concepts, source documents, technology in accounting, ethics in accounting, and users of financial accounting statements; outline the components of the balance sheet, demonstrate the components of the income statement, and differentiate between the seven forms that an income statement can take; evaluate cash flows and the time value of money, incorporating the statement of expected cash flow using the correct formatting, net present value (NPV), and annuities; demonstrate their understanding of accounts receivables by performing the calculations for the maturity date as well as the amount of interest charged on the note; discriminate among the various factors affecting the need for controls in accounting and distinguish between variations in the recording of business transactions; demonstrate an understanding, with the aid of relevant examples, of the need for forecasting, break-even analysis, and cost accounting, in managerial decision making; summarize the six main financial ratios, the role played by each in global capital markets, and evaluate the effect of the ratios on decision making in the strategic/managerial planning process.
Upon successful completion of this course, students will be able to: summarize the primary objective of human resource management (HRM), how it fits within an organization, ethics, and study its history; categorize the Classical Scientific School of Management and Fayol's theories on worker satisfaction and staff management; analyze the definition of job design and how empowerment and job design are connected; review hiring and staffing, recruitment, common selection methods, how to assess an organization's training needs, and find out about the different types and methods of employee training programs and new hire orientation; examine the benefits and uses of appraisals, performance appraisal types, and the uses of reliability and validity in assessment; compare and contrast direct and indirect compensation, common compensation systems, compensation equity, and mandatory and voluntary benefits; explain at-will employment, privacy, work-life balance, workplace stress, wage and income regulations, and safety; outline the history and purpose of labor relations, including the National Labor Relations Board (NLRB), American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), collective-bargaining, unions, strikes, lockouts, the executive orders of 19, and labor relations trends; distinguish the four global staffing approaches and expatriate staffing; and illustrate what Affirmative Action is through workplace diversity, ability and disability diversity, cultural, and age diversity.Upon successful completion of this course, students will be able to: diagram and analyze the 4 Ps of marketing: product, place, price, and promotion; explain and evaluate marketing philosophies, including market and sales orientation; illustrate how marketers establish and analyze competitive advantage; analyze global marketing and diagram concerns about marketing in foreign markets; model consumer behavior theory and the decision-making process; differentiate between business and consumer marketing; diagram product life cycles and the process for creating new products; demonstrate comprehension of and differentiate between services and goods; differentiate between promotion, advertising, and public relations; and distinguish between relationship selling and traditional methods.Topics include: Marketing Philosophies and Ethics; Competitive Advantage; The Marketing Environment; International Marketplace; Consumer Decision Making; Business Marketing and Marketing Research; Segmentation and Product Marketing; Managing a Product and Retailing; Services Marketing, Marketing Channels & Supply Chain Management; Promotion, Advertising and Public Relations; Selling and Pricing Strategy.The course is self-paced, and instruction is delivered through online video and text lessons.Students are assessed through quizzes and a proctored final exam.
Students can save on their education by taking the online, self-paced courses and earn widely transferable college credit recommendations for a fraction of the cost of a traditional course.