Learners examine the main characteristics of the four financial statements required in accounting: the income statement, the owner's equity statement, the balance sheet, and the statement of cash flow.
Learners read about the most common forms of financial statements including balance sheets, cash flow statements, and profit and loss statements. A brief quiz completes the activity.
Students read how profits can be doubled with the elimination of only a fraction of the "waste" in a company's operation.
Learners read about the internal and external users of financial information and the kinds of information most often requested.
In this learning activity you'll analyze the costs of rent-to-own buying plans and compare those plans to other consumer strategies.
Learners read about the different kinds of positions available in the accounting field at private corporations, government agencies, and not-for-profit organizations.
Learners examine the 10 steps of the accounting cycle. The cycle begins with the analysis of source documents and ends with the post-closing trial balance and interpreting the financial information.