Accounting 10


Course Description

Accounting 10 is an introductory course designed to inform learners of the role of an accountant in a service business. In Accounting 10, we will introduce basic definitions and concepts, as well as foundational information such as the accounting equation and transaction entries. Learners will use this information to create financial papers that are used throughout industry to make business decisions.

Accountancy is informed and guided by standards. In Accounting 10, we will examine the Generally Accepted Accounting Principles (GAAP). These standards will support the concepts learned throughout the course and inform our decision-making.

Throughout this course, we will examine how a service business, organized as a sole proprietorship, records, processes, analyses, and presents financial information. As part of this examination, we will look at different cash controls and how a business ensures the legitimacy of the financial records and data it maintains. Finally, we will prepare financial statements which are the critical to the process of making informed business decisions.

Students taking Accounting 10 will choose from Aplia accounting Software or Microsoft Excel for the completion of the accounting problems. Computerized accounting, while different from business to business, is the standard format used in accountancy today.



Units of Study

  • Introducing the Service Firm
  • Introduction to Transactional Accounting
  • Introducing “The Accounting Cycle” Steps 1-3
  • Introducing “The Accounting Cycle” Steps 4-7


Course Materials

Supplied by the DLC

  • E-text: Century 21 Accounting Multicolumn Journal 10 - Gilbertson, Lehman, and Gentene
  • Aplia Online Accounting Software

Obtained by Student

  • Microsoft Excel (2013 or newer)
  • Audio device (EX: Computer speakers, headphones, or a device with built in speakers).


Suggested Career Pathways

  • Accountant
  • Business Manager
  • Controller
  • Bank Manager
  • Administrative Director
  • Budget Supervisor
  • Entrepreneur
  • Chief Executive Officer
  • Chief Financial Officer

Pre-requisite

None

Delivery Method

Online Asynchronous

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Accounting
Grade 10

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