# Math & Accounting

This course will provide learners with the tools necessary to review basic mathematical concepts and how to apply concepts to the business environment. Learn about how to use decimals, addition, subtraction, multiplication, and division. Learn how to solve problems involving percentages to determine portions, a rate, a whole unit, and increases and decreases and how to apply these operations in business settings. Explore the concepts of ratio, proportion, and how to compare different kinds of numbers. This course discusses simple, weighted, and moving averages using real-world scenarios.

## Accounting Fundamentals

In Accounting Fundamentals, students become familiar with basic accounting concepts and terms, enabling them to track business transactions that affect assets, liabilities, and owner's equity. They learn how use universal accounting tools-such as the general journal, general ledger, and trial balance-to ensure an organization follows sound accounting practices. Students develop an in-depth understanding of the purpose and uses of each of four financial statements-the income statement, the balance sheet, the cash flow statement, and the statement of stockholders' equity-and practice preparing and interpreting each of these tools.

Objectives:

• Participate in the nine steps of the accounting cycle.
• Properly place debits and credits in 'T' accounts.
• Post transactions in a general journal and general ledger.
• Prepare a trial balance.
• Prepare common financial statements.
• Prepare and use income statements to identify net operating margin and profit margin on sales.
• Define capital, preferred, and common stocks.
• Differentiate between different types of assets and liabilities.
• Create and use a balance sheet to calculate working capital, current ratio, and debt-to-total-assets ratio.
• Identify operating, investing, and financing activities.
• Prepare and use statements of cash flow and stockholders' equity.
• Use four methods to analyze financial statements.

## Get Going with QuickBooks

This course is designed to provide students with an introduction to QuickBooks accounting features to set up and run a product and/or service-based business. Upon completion of Get Going with QuickBooks, students will be able to set up a business as a QuickBooks company, create a chart of accounts, build customer, vendor, and employee lists, set up and manage product inventory, sell their product or service, pay bills, and make deposits using QuickBooks easy forms.

Objectives:

• Use the QuickBooks interface
• Create a QuickBooks company
• Create a chart of accounts
• Build customer, vendor, and employee lists
• Set up and manage product inventory
• Create invoices for products and services
• Create billing statements
• Make deposits
• Print statements
• Write QuickBooks checks
• Reconcile checking accounts
• Enter and pay bills

## Keep Going with QuickBooks

A continuation of the Get Going with QuickBooks lesson that goes more in-depth.

Objectives:

• Create a custom form template
• Use credit card accounts
• Use asset, liability, and equity accounts
• Create QuickReports and preset reports
• Create QuickInsight graphs and customize graphs
• Set up tax rates and agencies
• Track and pay sales tax
• Manage payroll
• Track tax liabilities

NOTE: This information is for your planning purposes only. Due to all the legal disclosures mandated by the State of Washington Workforce Training and Education Board, it is necessary for Allied Training Systems to write all proposals to ensure student receives all the information necessary.