Specific Topics:
-Financial accounting
-Accounting equation
-Generally Accepted Accounting Principles (GAAP)
-Accrual accounting
-Debits & credits
-Journal entries
-General ledger
-Trial balance
-Chart of accounts
-Income/Profit & Loss Statement
-Balance Sheet
-Statement of Cash Flows
-Statement of Stockholder’s Equity
-Accounts receivable
-Notes receivable
-Inventory
-LIFO, FIFO
-Gross profit
-Operating profit
-Fixed assets
-Depreciation methods
-Intangible assets
-Goodwill
-Current and long-term liability
-Bonds, bond premiums & discounts
-Common and preferred stock
-Treasury stock
-Retained earnings
-Dividends
-Revenues
-Cost of goods sold
-Managerial vs. financial accounting
-Financial statement analysis
-Horizontal analysis
-Vertical analysis
-Common size percentages
-Financial ratios
-Liquidity ratios
-Management effectiveness ratios
-Leverage ratios
-Profitability ratios
-Budgets
-Operating budget
-Sales budget
-Standard costing
-Direct material
-Direct labor
-Overhead
-Standard vs. actual costs
-Variance analysis
-Cost, price and usage variances
-Activity based costing
-Cost/volume/profit analysis (CVP)
-Fixed and variable costs
-Contribution margin (CM)
-Break-even analysis
-Present and future value calculations
-Annuities
-Capital budgeting
-Evaluating capital projects
-Payback
-Accounting rate of return
-Internal rate of return (IRR)