Completed Accounting Cycle in Action_GAP02

Overall Course Objective

• To provide information useful for making economic decision
• To serve primarily users who have limited authority, ability or resources to obtain information and who rely on financial statement as their principle source of information about an enterprise’s economic activities
• To provide information useful to investors and creditors for predicting, comparing, and evaluating potential cash flows to them in terms of amount, timing, and related uncertainty.

Major Topic

• Inventory Costing
• Accounting information Systems
• Fraud, Internal Control, and Cash
• Accounts for Receivable
• Plant Assets, Natural Resources, and Intangible Assets
• Current Liabilities and Payroll Accounting