Course Course Summary Section 1 Content Section 1 Content Left Section 1 Content Right Credit Type: Course ACE ID: ABAN-0166 Organization: American Bankers Association Location: Online Length: Structured internet-based study, 16 weeks Dates Offered: 8/1/2000 - 10/31/2011 Credit Recommendation & Competencies Section 2 Content Section 2 Content Left Section 2 Content Right Level Credits (SH) Subject Lower-Division Baccalaureate 3 Accounting or Business Administration Description Section 3 Content Section 3 Content Left Section 3 Content Right Objective: To provide a basic understanding of current accounting procedures and principles and to provide the knowledge and skills needed to create and understand financial statements. Learning Outcomes: Compare the basic characteristics of accrual basis and cash basis accounting Explain the full accounting cycle and prepare all required journals, entries, and adjustments Identify the basic assumptions, principles, and modifying conventions of accounting Define partnerships and explain their characteristics Describe the content and purpose of the balance sheet and income statement Outline the necessity for and features of internal controls Describe how inflation affects information Instruction & Assessment Section 4 Content Section 4 Content Left Section 4 Content Right Instructional Strategies: Computer Based Training Discussion Supplemental Materials Section 5 Content Section 5 Content Left Section 5 Content Right Section 6 Content Section 6 Content Left Section 6 Content Right Button Content Rail Content 1 Page Content