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Apr 16, 2024
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ACC 501 - Entrepreneurial Accounting
3 credits
This course is designed to assist students in the steps necessary to start a service business. Topics include: establishing a service business, comprehending the language of business, developing a master budget, initiating the accounting process, determining the financial impact of transactions, equating debits with credits, recording transactions, onboarding employees and accounting for payroll, diversifying the business by merchandising products and controlling inventory, gauging the financial progress of a business, performing year-end activities, evaluating the first year of operations, and pitching the business to potential investors. No previous accounting instruction is necessary.
Fees
None
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