Financial Accounting (ACC111)
  • Type Validation
  • Level Foundational
  • Time Months
Additional Details

Financial Accounting (ACC111)

Issued by Penn Foster

This course will provide students with a basic understanding of the principles of Financial Accounting. Topics covered include analyzing transactions; completing the accounting cycle; merchandising businesses; inventories, assets, and liabilities; and corporations, stocks, bonds, and cash flow.

  • Type Validation
  • Level Foundational
  • Time Months
Additional Details

Skills

Earning Criteria

  • The methods of assessment include quizzes, examinations, and a comprehensive final exam with a minimum passing score of 70 percent.
  • The methods of instruction include practical exercises, textbook, and a digital study guide. The general course topics include analyzing transactions; completing the accounting cycle; merchandising businesses; inventories, assets, and liabilities; and corporations, stocks, bonds, and cash flow.