Accounting is the language of business, and as such is a critical tool in our world, both locally and globally. It is not only important to business organizations, but also to nonprofit organizations, government and other entities not specifically motivated by profit. Companies and other entities will always need someone to manage their books and cash flows.
Many students will need to understand accounting terminology and procedures as they work in businesses or operate their own enterprises. They must also learn to manage their own finances and they will benefit from the knowledge and skills developed through accounting courses.
Accounting courses develop skills in writing, delivering presentations, critical thinking and problem solving. Students may use accounting skills to better manage personal finances or to pursue future studies that lead to business certificates, diplomas or degrees.
- Accounting 11
- Accounting 12
Accounting 11
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Accounting 11 students learn about the accounting system for businesses that deliver services.
They explore the role of accounting in business, and the nature and significance of the accounting cycle. Students are required to demonstrate an understanding of the importance of accuracy and precision in accounting procedures as they apply accounting concepts using computer applications such as the spreadsheet and word processor.
Students learn how to prepare financial statements and come to understand connections between accounting data and sound business decisions.
Accounting 12
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Accounting 12 students learn about the accounting system for merchandising businesses.
They learn the basics of payroll accounting, taxation remittance and required payroll tax documents. Students demonstrate proficiency in cash control procedures (petty cash and bank reconciliations), as well as in the use of credit for purchases and sales and the use of credit cards by customers.
Students are introduced to relevant applications such as accounting programs, and they research accounting as a potential career or on how it may benefit them personally.