Course Description:

The course examines areas of the preparation of accounting records and the presentation of financial statements and reports with the use of an accounting software. More specific students will apply accounting concepts an electronic environment, explain the need of computerized accounting systems, adjust the settings of the accounting software, explain the importance of the nominal accounts in accounting information, create suppliers and customers and record transactions in the system, create bank accounts and record transactions in the system, explain the need of the reports and prepare those reports through the system.

 

 

 

Learning Outcomes:

Upon successful completion of this course, students will be able to:

 

  1. Describe how computerized      accounting systems work and compare manual and computerized accounting      systems.
  2. Discuss      the development and design of a computerized accounting system and how the      accounting data will be processed.
  3. Obtain      hands on experience in the use of accounting software.
  4. Entering      and operating the system.
  5. Record      transactions in the general ledger and the general journal, record      transactions in special journals and ledgers and complete the accounting      cycle.
  6. Generate reports through the computerized system – Trial Balance, Balance Sheet, Income Statement, Statement of Cash Flows.