Introduction To Accounting

This course must be taken at a post-secondary institution. To transfer this course as part of the Professional Compliance Professional (PCP) designation program,  click here.   

• Introduction to principles and practices of accounting  
• Understanding accounting cycles  
• Applying GAAP and/or IFRS  
• Describing and differentiating business structures  
• Recording transactions and journal entries  
• Preparing simple financial statements and trial balances  
• Preparing cash flow statements and balance sheets  
• Preparing fiscal year-end closing entries  
• Understanding accounting systems  
• Making bank reconciliations  
• Navigating accounting for payroll  
• Understanding financial reporting ethics  
• Understanding imprest systems (e.g., petty cash transactions)