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Introduction

A
1. Role of Accounting in Society
1.1 Explain the Importance of Accounting and Distinguish between Financial and M...
Lance Beard (Chief Accountant at Sunorine)
30 min

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A
2. Introduction to Financial Statements
2.1 Describe the Income Statement, Statement of Owner’s Equity, Balance Sh...
Christen Wynn (Dean of Financial Management Department at Melbourne University)
30 min

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A
3. Analyzing and Recording Transactions
3.1 Describe Principles, Assumptions, and Concepts of Accounting and Their Relat...
Greg Callahan (Financial Manager at Sunorine)
30 min

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4. The Adjustment Process
Greg Callahan (Financial Manager at Sunorine)
30 min

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Lunch break
60 min
5. Completing the Accounting Cycle
Miriam Hughes (Senior Accountant at Yellow Books)
30 min

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7. Accounting Information Systems
Christen Wynn (Dean of Financial Management Department at Melbourne University)
30 min

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1. Role of Accounting in Society

Wednesday Jan. 26 - 10:00am - 10:30am (30 min)

1.1 Explain the Importance of Accounting and Distinguish between Financial and Managerial Accounting
1.2 Identify Users of Accounting Information and How They Apply Information
1.3 Describe Typical Accounting Activities and the Role Accountants Play in Identifying, Recording, and Reporting Financial Activities
1.4 Explain Why Accounting Is Important to Business Stakeholders
1.5 Describe the Varied Career Paths Open to Individuals with an Accounting Education
Topics

2. Introduction to Financial Statements

Wednesday Jan. 26 - 10:30am - 11:00am (30 min)

2.1 Describe the Income Statement, Statement of Owner’s Equity, Balance Sheet, and Statement of Cash Flows, and How They Interrelate
2.2 Define, Explain, and Provide Examples of Current and Noncurrent Assets, Current and Noncurrent Liabilities, Equity, Revenues, and Expenses
2.3 Prepare an Income Statement, Statement of Owner’s Equity, and Balance Sheet
Topics

3. Analyzing and Recording Transactions

Wednesday Jan. 26 - 11:00am - 11:30am (30 min)

3.1 Describe Principles, Assumptions, and Concepts of Accounting and Their Relationship to Financial Statements
3.2 Define and Describe the Expanded Accounting Equation and Its Relationship to Analyzing Transactions
3.3 Define and Describe the Initial Steps in the Accounting Cycle
3.4 Analyze Business Transactions Using the Accounting Equation and Show the Impact of Business Transactions on Financial Statements
3.5 Use Journal Entries to Record Transactions and Post to T-Accounts
3.6 Prepare a Trial Balance
Topics

4. The Adjustment Process

Wednesday Jan. 26 - 11:30am - 12:00pm (30 min)

Lunch break

Wednesday Jan. 26 - 12:00pm - 01:00pm (60 min)

5. Completing the Accounting Cycle

Wednesday Jan. 26 - 01:00pm - 01:30pm (30 min)

Wednesday Jan. 26 - 01:30pm - 02:00pm (30 min)

7. Accounting Information Systems

Wednesday Jan. 26 - 02:00pm - 02:30pm (30 min)

Financial Assets

9. Accounting for Receivables
Ernesto Rivers (Financial Officer at Yellow Books)
30 min

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Coffee break
30 min
10. Inventory
Lance Beard (Chief Accountant at Sunorine)
30 min

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11. Long-Term Assets
Itzel Galloway (Professor of Accounting at Melbourne University)
30 min

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12. Current Liabilities
Miriam Hughes (Senior Accountant at Yellow Books)
30 min

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13. Long-Term Liabilities
Lance Beard (Chief Accountant at Sunorine)
30 min

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Wednesday Jan. 26 - 01:00pm - 02:00pm (60 min)

9. Accounting for Receivables

Wednesday Jan. 26 - 02:00pm - 02:30pm (30 min)

Coffee break

Wednesday Jan. 26 - 02:30pm - 03:00pm (30 min)

10. Inventory

Wednesday Jan. 26 - 03:00pm - 03:30pm (30 min)

11. Long-Term Assets

Wednesday Jan. 26 - 03:30pm - 04:00pm (30 min)

12. Current Liabilities

Wednesday Jan. 26 - 04:00pm - 04:30pm (30 min)

13. Long-Term Liabilities

Wednesday Jan. 26 - 04:30pm - 05:00pm (30 min)

Processes

6. Merchandising Transactions
Greg Callahan (Financial Manager at Sunorine)
30 min

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8. Fraud, Internal Controls, and Cash
Ernesto Rivers (Financial Officer at Yellow Books)
30 min

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14. Corporation Accounting
Lance Beard (Chief Accountant at Sunorine)
30 min

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Coffee break
30 min
15. Partnership Accounting
Greg Callahan (Financial Manager at Sunorine)
30 min

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16. Statement of Cash Flow
Itzel Galloway (Professor of Accounting at Melbourne University)
30 min

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6. Merchandising Transactions

Wednesday Jan. 26 - 03:00pm - 03:30pm (30 min)

8. Fraud, Internal Controls, and Cash

Wednesday Jan. 26 - 03:30pm - 04:00pm (30 min)

14. Corporation Accounting

Wednesday Jan. 26 - 04:00pm - 04:30pm (30 min)

Coffee break

Wednesday Jan. 26 - 04:30pm - 05:00pm (30 min)

15. Partnership Accounting

Wednesday Jan. 26 - 05:00pm - 05:30pm (30 min)

16. Statement of Cash Flow

Wednesday Jan. 26 - 05:30pm - 06:00pm (30 min)

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