Financial Accounting
Issued by
Community College of Vermont
Earners of this badge are able to create meaningful financial statements that communicate important information to those who read them, and are introduced to problems of external reporting as they relate to service providers, merchandisers, and corporations.
- Type Validation
- Level Foundational
- Time Weeks
- Cost Paid
Skills
Earning Criteria
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Complete readings and assignments in 18 modules. Topics include ethics, career opportunities, accounting equation, analyzing and journaling transactions, adjusting process, accounting cycle, accounting systems, accounting for merchandising businesses, inventories, internal control and cash, receivables, long-term assets (fixed and intangible), current liabilities and payroll, accounting for partnerships, LLCs, corporations and dividends, statement of cash flows, and financial statement analysis.
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Apply knowledge of financial accounting concepts through a series of quizzes.
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Complete case study assignments that require the earner to apply course concepts to real-world scenarios. Topics include completing the accounting cycle, journalizing transactions, transferring information to the general ledger, and measures of liquidity, solvency, and profitability.