Homeschool Accounting Curriculum Course Outline
Accounting 101 is a 3 unit homeschool accounting curriculum.
Unit 1: Introduction to Accounting
Module 1: What is Accounting? (Types of Accounting, Stakeholders, Regulators)
Module 2: Business Entities (Sole Proprietors, Corporate forms, Partnerships)
Module 3: Accounting Principles and Cash vs. Accrual Accounting (Time-Period Concept, Stable Currency, Matching, Consistency, Conservatism, Going Concern)
Module 4: Accounting Terminology Basics
Module 5: Financial Statements
Module 6: Ethics, Worldview, and Accounting in Crisis
Unit 2: The Accounting Cycle
Module 1: Overview of the Accounting Cycle
Module 2: Analyzing and Journalizing Transactions
Module 3: Posting and Trial Balances
Module 4: Adjusting Entries
Module 5: Closing the Cycle
Unit 3: Financial Accounting Expanded
Module 1: Introduction to Internal Controls (Control Environment and Tools for Each Relevant Cycle)
Module 2: Inventory
Module 3: Receivables
Module 4: Long-Term Assets (Cost Measurement, Depreciation, Amortization)
Module 5: Partnership Equity Accounts
Module 6: Corporate Equity Accounts
Module 7: Liabilities