You are here

Financial and managerial accounting; financing your organization

10 May, 2016 - 16:59

Editor: Donald J McCubbrey (Daniels College of Business, University of Denver, USA)
Reviewer: Roger K Baer (CPA, LLC; and Former Partner, Arthur Andersen & Co., USA)

Learning objectives

  • to appreciate the importance of an accounting system
  • to differentiate between financial accounting and managerial accounting
  • to understand the basic types of accounts and their characteristics
  • learn to set up a chart of accounts for your organization
  • understand the advantages of double-entry bookkeeping; types of ledgers and basic reports
  • to learn how to select and use accounting software
  • to understand common options for funding a start-up