Introductory Financial Accounting

Introductory Financial Accounting – ACC 100/CACC 100

Learn ACC100/CACC100 - Toronto Metropolitan University and The Chang School with detailed step-by-step videos/worksheets
What you'll learn:
Explore the roles of business sectors and stakeholders in ACC 100/CACC 100, understanding their impact on accounting for business decisions.
Develop a deep understanding of qualitative traits in ACC 100/CACC 100, crucial for decision-making within the language of business.
Master the foundational principles in ACC 100/CACC 100, focusing on the accounting equation (Assets = Liabilities + Shareholders' Equity).
Gain practical skills in analyzing financial statements within ACC 100/CACC 100, interpreting data for informed decision-making in business.
Requirements:
Course Requirements: No specific prerequisites or prior experience are required to enroll in ACC 100. This course is designed for beginners and individuals who want to gain a basic understanding of accounting for business decisions. The content is tailored to accommodate learners with varying levels of prior knowledge, ensuring accessibility and an inclusive learning environment. Recommended: Basic familiarity with business concepts (helpful but not required). Eagerness to understand the language of business through accounting principles. Access to a computer or device with internet connectivity for online tutorials and resources. This course is structured to lower barriers for beginners and welcomes individuals with diverse backgrounds who are interested in gaining fundamental insights into financial accounting.
Description:
Embark on a transformative learning journey at Toronto Metropolitan University and The Chang School with our ACC 100/CACC 100 course, meticulously crafted to ensure your success. Our teaching methods go beyond the ordinary, offering a unique and engaging approach that sets us apart.We start by breaking down complex topics, such as Introduction to Accounting, The Accounting Equation, Transactions Analysis, and Using Accounts in Transaction Analysis, into digestible segments. Our step-by-step video tutorials provide an immersive learning experience, guiding you through each concept with clarity and precision.As we delve into Financial Statements—unraveling the intricacies of the Income Statement, Statement of Retained Earnings, Balance Sheet, and Statement of Cash Flows—we bring the material to life. The inclusion of real-world examples and practical insights ensures a comprehensive understanding that extends beyond theoretical knowledge.Our focus on Merchandising Businesses, Inventory Costing, Controls, Accounts Receivable, Long-Lived Assets, Liabilities, and Financial Statement Analysis is designed to provide you with practical skills that you can apply in real-world scenarios. The emphasis on application sets our teaching methods apart, empowering you with the ability to navigate financial challenges with confidence.To reinforce your understanding and ensure mastery, we offer targeted reviews for Super Quiz #1, Super Quiz #2, Midterm, and Final Exam. The breakdown of test questions with detailed solutions not only aids exam preparation but also solidifies your comprehension of the material.Join us to experience a teaching approach that transcends traditional methods, fostering a deep and lasting understanding of financial accounting. Enroll now and witness how our unique teaching methods can elevate your academic journey to new heights!
Who this course is for:
Toronto Metropolitan University and The Chang School Students
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Introductory Financial Accounting – ACC 100/CACC 100

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