Available under Creative Commons-ShareAlike 4.0 International License.
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
- 3684 reads
