Principles of Accounting
alignLXAbout this course
Principles of Accounting introduces students to the fundamentals of financial accounting and the accounting cycle. You will learn how to record and analyze financial transactions, prepare financial statements, and understand the valuation and reporting of assets, liabilities, and equity. The course emphasizes ethical practices, GAAP compliance, and real-world applications of accounting concepts to help you build a strong foundation for business studies.

What you'll learn
Participants will learn how to:
Explain and apply Generally Accepted Accounting Principles (GAAP)
Record financial transactions and complete the accounting cycle
Prepare and interpret financial statements including balance sheets and income statements
Recognize and value assets, liabilities, and equity
Analyze and disclose accounting information for decision-making
Strengthen problem-solving, critical thinking, and financial literacy skills
Grow these skills
Non-Verbal Communication
Prerequisites
No prior college-level accounting is required. Students should be comfortable with basic mathematics and logical reasoning. A willingness to learn accounting principles and apply them to real-world scenarios will help you succeed in this course.
Curriculum
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