This free and open online course in Accounting was produced by the WA State Board for Community & Technical Colleges [http://sbctc.edu/].
ACCT&201 is an introduction to the fundamentals of financial accounting. This is the first of a two part sequence in financial accounting. In this course we will explore the framework for all accounting processes. Students will learn to record economic events and follow a business process through the steps of the accounting cycle. Service and merchandising businesses will be covered and communication of the conclusions to decision-makers will be emphasized. This is a required class for business majors planning to transfer to a 4-year business programs in the state of Washington.
This module is part of the Open Course Library, a collection of shareable course materials created for faculty to use in their classes. As part of the Open Course Library this content is licensed under the Creative Commons Attribution License which means that you are free to reuse the course in its entirety, edit it and use a your own modified version, or pick out only pieces which can be incorporated into your own course, as long as you credit the original author for their work.
To access all materials for this course you may download either the ANGEL export file or the IMS Common Cartridge file. While the ANGEL file is specific to that system, the Common Cartridge file is compatible with many learning management systems. More information on Common Cartridge is available at http://www.imsglobal.org/cc/ .