(Recorded Course) Accounting, Part One with Peggy Morrow, PhD

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Sign up today to prepare for college and get the skills that businesses require. In this high-level course, you will learn to analyze business transactions, prepare financial documents, prepare tax statements, and more.

How to get the most out of Accounting, Part One with Peggy Morrow:

  • First, read the course details below along with the syllabus and welcome letter.
  • Purchase the suggested textbook and workbook used. Most of the assignments are completed using spreadsheet tools.  Excel or a free tool such as Google Sheets or Open Office can be used.
  • Prepare either an electronic or paper notebook to keep track of information in the video lectures.
  • Each week contains: up to two recordings, one or more lessons, several accounting problems, and a quiz.  Answer keys are provided for the accounting problems.
  • Most units culminate in a bigger project, and the course culminates in a final project/assessment.  Rubrics are provided below each assessment.
  • To begin the course, click on the "Recording" for topic 1, and watch Professor Morrow’s lecture for Class One. Complete problem 1-3, and the “reinforcing the main idea” assignments.
  • All assignments will require grading, quizzes will be scored automatically.  Several assignments are demonstrated during the videos.
  • If you need review, go back and watch the recording again and/or go over the PowerPoint.
  • Repeat until all 30 classes (15 weeks) are complete.
  • Once the course is completed to the parent's satisfaction, there is a Certificate of Completion at the end to be filled in for your records.

 

Special notes: This is Part One of a 2-part course. Students are expected to register for Part Two in the Spring 2022 semester. This course only takes 20 students. We recommend registering early. Dr. Morrow provides 25-minute pre-recorded lectures in addition to the 30-minute live classes.

Total classes: 28 

Duration: 30 minutes

Prerequisite: Competence with basic math including addition, subtraction, division, multiplication.

Suggested grade level: 10th to 12th grade.

 

Instructor: Margaret Morrow, Ph.D.

Instructor Email: peggymorrow@protonmail.com

 

Course Description:

This year-long course serves as an introduction to basic bookkeeping and accounting principles. As such, it is designed for anyone wanting to better understand how money, personal finance and business work. Additionally, the course equips students with the skills to obtain a job working as either a bookkeeper or accounting clerk in both small and large organizations.

A major goal of this course is for students to comprehend the powerful financial advantage their accounting education will afford them- now and in the future! Below is a partial list of course topics that are intended to motivate students to excel in accounting:

*Teach students how to use accounting strategies to manage their allowances and/or earnings

*Teach students how the basic workings of the federal tax system. Thereafter, students will learn to employ tax minimization and/or deferment strategies

*Students will learn how accounting can be used to manage and expand any type of business venture.

*Students will learn basic bookkeeping tools that will enable them to find full or part-time office employment

*Students will enhance their resume by gaining competence working with electronic spreadsheets tools

The first semester topics focus on accounting principles and practices for a sole proprietorship or merchandising business.

Course Outline:

  • Unit 1 – Accounting Overview, classes 1 - 6

    Unit 2 – Starting an Accounting System, classes 7 - 10

    Unit 3 – Analyzing and Journalizing Transactions, classes 11 - 17

    Unit 4 – Posting to the General Ledger, classes 18 - 22

    Unit 5 – Preparing the Worksheet, classes 23 - 28

 

Course Materials:

  1. 1. Access to a spreadsheet tool such as Open Office, Libre Office, Google Sheets, or Microsoft Excel;

    2. Textbook – LifePac Accounting 10 Unit Set (units 1 through 5 can also be purchased separately)

    https://www.aop.com/curriculum/shop-lifepac/accounting-10-unit-set   ISBN 10 – 0740301969  ISBN 13 – 9780740301964 (https://amzn.to/38k3nfk)

Homework: Assignments, unit tests, and exams will provide students with hands-on practice using the tools of accounting. Daily practice is important to apply and masters the concepts. A daily schedule will be provided to guide student learning. Students can expect to spend 0.5-2 hours a day 5 days per week on their assignments.