High Accounting Applications 1
-
Number of Credits
1
-
Estimated Completion Time
2 Semesters
Pre Requisites
None required. If taking the course as part of the Finance Program of Study, Digital Information Technology should be taken first.
Description
If you want to own a business one day, take college business courses, or know how to handle your own personal finances in the future, then accounting is for you! Learning the basics of accounting can help you start and run a business, get a head start in college courses, and teach you how to create a personal budget. In Accounting Applications 1, students will build a broad foundation of knowledge and skills in accounting concepts to analyze, classify, and record business transactions in a manual and computerized setting (Excel and QuickBooks); prepare financial statements and communicate information to stakeholders; maintain payroll records, and determine proper handling of cash control procedures. This course will focus on transferable skills in communication, ethics, problem-solving, organizational skills, and time management. Throughout the course, students explore the role of accounting in a global economy and develop employability skills such as proper business etiquette, workplace procedures, and customer service skills.
Follow the link below for the Department of Education Career & Technical Education Curriculum Frameworks:
https://www.fldoe.org/academics/career-adult-edu/career-tech-edu/curriculum-frameworks/
Segment 1
Module 01: Accounting in Business
- Ethics
- Personal Accounting
- Accounting Cycle
- Accounting Equation
- Introduction to QuickBooks
Module 02: Accounting Transactions
- Debits and Credits
- Source Documents
- Journal Entries
- General Ledger
- Trial Balance
- Adjusting Entries
Module 03: Cash Control
- Fraud Detection
- Cash Procedures
- Bank Reconciliations
- Petty Cash
Segment 2
Module 04: Financial Statements
- Income Statement
- Statement of Owner’s Equity
- Balance Sheet
Module 05: Closing Entries
- Temporary Accounts
- Income Summary
- Post-Closing Trial Balance
Module 06: Payroll Accounting and Employment Skills
- Wages and Taxes
- Payroll Records
- Business Etiquette
- QuickBooks Practice Exam
Microsoft Excel, LearnKey QuickBooks Online Certified User course, and QuickBooks Educator free trial version.
Besides engaging students in challenging curriculum, the course guides students to reflect on their learning and evaluate their progress through a variety of assessments. Assessments can be in the form of practice lessons, multiple choice questions, writing assignments, projects, research papers, oral assessments, and discussions. This course will use the state-approved grading scale. Each course contains a mandatory final exam or culminating project that will be weighted at 20% of the student’s overall grade.***
***Proctored exams can be requested by FLVS at any time and for any reason in an effort to ensure academic integrity. When taking the exam to assess a student’s integrity, the exam must be passed with at least a 59.5% in order to earn credit for the course.
Courses subject to availability.
Pursuant to s. 1002.20, F.S.; A public school student whose parent makes written request to the school principal shall be exempted from the teaching of reproductive health or any disease, including HIV/AIDS, in accordance with the provisions of s. 1003.42(3). Learn more about the process and which courses contain subject matter where an exemption request can be made.