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Basic Accounting – BUS 1102: Learning Materials

Get Ready For Your College Courses

To best prepare for your future studies, please review the below preparation resources. We encourage you to use the time before starting your first term, to get a taste of the topics of your upcoming courses. There’s no better time to start than now! Good luck with your studies!

Learn Basic Accounting

Course Overview

The Basic Accounting course introduces students to financial reporting and financial management concepts and practices. The primary focus of this course is the preparation, use, and analysis of general purpose financial statements in support of the capital market decision-making process. In addition, certain financial accounts concepts related to current assets will be covered.

Preparation Resources

Principles of Business Management – BUS 1101 -Course Schedule and Topics:

This course will cover the following topics in eight learning sessions, with one Unit per week. The Final Exam will take place during Week/Unit 9 (UoPeople time).

 

Week 1: Unit 1 – Introduction to the Course and Principles of Financial Accounting

 

Week 2: Unit 2 – The Accounting Cycle: Analyzing and Recording Transactions

 

Week 3: Unit 3 – The Accounting Cycle: Adjusting Entries and Preparing Financial Statements

 

Week 4: Unit 4 – Completing the Accounting Cycle: The Closing Process

 

Week 5: Unit 5 – Accounting for Merchandising Operations

 

Week 6: Unit 6 – Cash and Internal Controls

 

Week 7: Unit 7 – Accounting for Receivables

 

Week 8: Unit 8 – Inventories and Cost of Goods Sold

 

Week 9: Unit 9 – Course Review and Final Exam