This module introduces the foundations of accounting, focusing on the accounting equation, categorization of financial transactions, and core accounting principles. You will explore how assets, liabilities, and equity interconnect on financial statements and apply key assumptions and principles to ensure accuracy and integrity in bookkeeping.

This module explores the six-step accounting cycle—the process of collecting, recording, adjusting, and reporting financial data to produce accurate financial statements. You will also examine how accounting principles like periodicity, revenue recognition, and matching ensure consistency and accuracy in financial reporting.

This module covers the first step of the accounting cycle—collecting and analyzing transactions. You will explore how to record transactions in a journal and understand how these entries connect to the chart of accounts and general ledger to maintain accurate financial records.

This module focuses on recording and posting transactions, the second step of the accounting cycle. You will explore double-entry bookkeeping, reconciliation, and the use of different accounting methods—cash, accrual, and modified cash-basis—to ensure accuracy and consistency in financial reporting.

This module explains how to prepare unadjusted and adjusted trial balances and make adjusting entries to ensure accurate financial reporting. You will apply the matching principle and accrual accounting concepts to align revenues and expenses within the correct accounting period.

This module covers the final step of the accounting cycle—preparing financial statements. You will explore the purpose and structure of the four key financial statements: the income statement, balance sheet, statement of equity, and statement of cash flows, and how together they reveal a business’s overall financial health.

This module reinforces the foundational principles of bookkeeping through practical application. You will review key accounting concepts—such as the accounting equation, double-entry method, and financial statements—by completing real-world bookkeeping scenarios.