This course introduces students to the fundamentals of personal finance, which include budgeting, obtaining credit, maintaining deposit accounts, understanding investments, understanding risk management, computing taxes, and analyzing the basic elements of finance.
Prerequisite: Completion of 9th grade.
Accounting 1 is a course designed for students who are competent in their mathematical skills. It provides basic skills for young people who are interested in entering the field of accounting, computer-related jobs, and various other office positions. It provides a good base for further study and career advancement in the business world. Some topics covered include starting an accounting system, debit and credit of business transactions, journalizing, and posting. It also covers the six-column worksheet, the income statement, the balance sheet, closing the ledger, posting and closing entries, and special journals.
Prerequisite: Successful Completion of Personal Finance and Algebra 1.
Accounting 2 provides an excellent background and preparation for college business courses and accounting courses and other business majors. Topics include professional accounting, departmentalized accounting control systems, general accounting adjustments, corporate accounting, management accounting, cost accounting, not-for-profit accounting, and financial analysis providing useful tools for future entrepreneurship. Students gain realistic exposure to the business world by working with original source documents in a business simulation.
Prerequisite: Successful completion of Accounting 1 with a minimum grade of 77 or teacher recommendation.
Business Finance is designed to provide students with an understanding of how corporations, organizations, and businesses handle money. Concepts include the management of money, accounting methodologies, investing strategies, and effective financial management.
Prerequisite: Successful completion of Accounting 1.