Accounting:  The Language of Business

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Accounting IAccounting is the language of business. Every organization, private for-profit firms, private non-profit organizations, government agencies, and other organizations all need to keep track of money.

Accounting is all about understanding how money flows in and out of an entity. Accounting is about communicating this with all the different stakeholders incluing: Management, Employees, State & Government Agencies, Creditors, and Financers/Banks

Almost all of us will spend our Careers in business, non-profits, or public service. Planning for success means preparing for being ready for advancement opportunities. Most of the top-managers in any business have a background in Accounting. This is because, without understanding how money flows through an organization, it is not possible to make good operating decisions.


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Accounting Units (Text:  Warren/Reeves/Duchac 26e)

  1. Introduction to Business & Accounting
  2. Accounting Equation, T-Accounts, and Debits & Credits
  3. Analyzing & Recording Transactions
  4. Unit 1 Study Guide (.pdf form)
  5. The Adjusting Process
  6. Completing the Accounting Cycle
  7. Accounting for a Merchandising Business
  8. Inventories
  9. Sarbanes-Oxley, Internal Control, and Cash
  10. Receivables
  11. Fixed Assets and Intangible Assets
  12. Current Liabilities and Payroll

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