Business Bookkeeping - An Introduction
BUSA-41046
This course provides an introduction to business bookkeeping, exploring its importance in financial management. Students will learn about the accounting information system, including the processes of recording and reporting business transactions. Emphasis is placed on the accounting cycle, the application of Generally Accepted Accounting Principles (GAAP), the use of the chart of accounts, classification of account types, transaction reporting, and posting to the ledger.
Format: This course is offered in an online asynchronous format. There are no set meeting times, however, students follow a weekly schedule and there will be deadlines to meet in terms of course requirements. This course cannot be completed at an accelerated rate. UC San Diego Extended Studies operates in Pacific Standard Time and therefore any deadline is considered 11:59 p.m. Pacific Standard Time.
By the end of the course, students will:
· Analyze and record business transactions, using the double-entry accounting method, in accordance with generally accepted accounting principles (GAAP)
· Prepare a Balance Sheet, an Income Statement, and a Statement of Cash Flows.