Enjoy Complimentary Career Counselling Claim Now!
Enjoy Complimentary Career Counselling Claim Now!
United States of America
Under Graduate(UG)
4 years
Fall, Spring, Summer, Winter
English Language Requirements
Course Description: The General Accounting course provides a foundational understanding of accounting principles and practices. It covers essential concepts such as financial reporting, ledger management, and budgeting. The course is designed to equip students with the skills needed for entry-level accounting positions and prepares them for further specialization in the field.
Key Topics:
Accounting Principles: Introduction to fundamental accounting principles, including double-entry bookkeeping, the accounting cycle, and financial statements.
Financial Statements: Preparation and analysis of balance sheets, income statements, and cash flow statements.
Ledger Management: Recording and managing transactions in journals and ledgers, including adjustments and reconciliations.
Budgeting and Forecasting: Techniques for preparing budgets, financial forecasts, and variance analysis. Cost Accounting: Basics of cost behavior, cost allocation, and cost analysis to support managerial decision-making.
Taxation: Overview of tax regulations and preparation of basic tax returns.
Accounting Software: Training in accounting software applications for efficient record-keeping and reporting.
Learning Outcomes:
Understand fundamental accounting principles and practices. Prepare and analyze key financial statements. Manage and record financial transactions accurately.
Apply budgeting and forecasting techniques.
Utilize accounting software effectively.
Demonstrate ethical practices in financial reporting and management.
Teaching Methods:
Lectures and Readings: Comprehensive instruction on accounting concepts and practices.
Hands-On Practice: Practical exercises using accounting software and real-world scenarios.
Assignments and Projects: Application of accounting principles through individual and group assignments. Case Studies: Analysis of real-life business cases to understand accounting challenges and solutions. Career Opportunities: Graduates can pursue roles such as:
Accounting Clerk: Assisting with bookkeeping and financial record-keeping. Junior Accountant: Supporting financial reporting and analysis. Bookkeeper: Managing day-to-day financial transactions and records. Financial Analyst: Analyzing financial data to support business decisions.
Why Choose This Course?
Comprehensive Coverage: Offers a thorough foundation in general accounting principles. Practical Skills: Provides hands-on experience with accounting tools and software. Career Readiness: Prepares students for a range of entry-level accounting positions. Financial Reporting: Prepare accurate and detailed financial statements in accordance with accounting standards and regulations.
Accounting Principles: Apply fundamental accounting principles and concepts to record, classify, and summarize financial transactions. Analysis and Interpretation: Analyze financial data to make informed business decisions and interpret financial information effectively. Budgeting and Forecasting: Develop and manage budgets, forecasts, and financial plans to support organizational goals and strategies. Compliance and Regulation: Ensure adherence to accounting laws, regulations, and ethical standards to maintain compliance and integrity. Professional Communication: Communicate financial information clearly and effectively to stakeholders, including management, clients, and regulatory bodies.
Technology Utilization: Utilize accounting software and technology tools to enhance efficiency and accuracy in financial reporting and analysis. Problem Solving: Apply critical thinking and problem-solving skills to resolve accounting issues and challenges.
Record Keeping: Maintain accurate and organized financial records and documentation for auditing and reporting purposes.
Global Perspective: Understand international accounting practices and how global economic factors impact financial reporting and business operations.Here are some compelling reasons to choose Mercy University for General Accounting:
Comprehensive Curriculum: Mercy University offers a robust curriculum covering fundamental and advanced accounting principles, ensuring you gain a well-rounded education. Real-World Experience: The program includes practical experience through internships and hands-on projects, giving you a head start in your career.
Expert Faculty: Learn from experienced professors who bring real-world insights and expertise to the classroom. Focus on Ethical Practices: Emphasizes ethical standards and practices in accounting, preparing you to handle financial responsibilities with integrity. Career Services: Benefit from dedicated career services that help with job placements, resume building, and interview preparation.
Networking Opportunities: Connect with industry professionals and alumni through events, seminars, and networking opportunities organized by the university. Strong Alumni Network: Join a network of successful alumni who can provide mentorship and career guidance.
Accreditation and Recognition: The program is accredited and recognized for its quality, ensuring that your degree meets high educational standards. Modern Facilities: Access state-of-the-art resources and technology to enhance your learning experience. Supportive Community: Experience a supportive and engaging campus environment with resources and services dedicated to your academic and personal success.
English
French
Spanish