Accounting Simulation

Catalog description

This course emphasizes the importance of accounting in a business. At the end of the simulation course, students will have completed the entire accounting cycle for different business types using an accounting information system software different from software used in ACCT 1115 . Instructors will place emphasis on the application and demonstration of accounting skills by using simulation projects. Topics include company creation, chart of accounts, customer transactions, vendor transactions, banking activities, merchandise inventory, employees and payroll, financial statements, preparation of payroll tax forms, and preparation of tax forms. Laboratory work includes theoretical and technical applications.