i-Learn: Accounting Fundamentals

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ACCOUNTING FUNDAMENTALS

CMO No. 3 Series 2007 Syllabus of Fundamentals of Accounting

Summary Outline of CMO No. 3 Series 2007

1.       Introduction to Accounting

2.       Introduction to Accounting Information System

3.       Analyzing and summarizing business transactions

4.       Recording transactions of a service company (Sole Proprietorship)

5.       Measuring business income

6.       Completing the accounting cycle

7.       Recording merchandising business transactions

8.       Recording transactions in special journals

9.       Manufacturing operations 


CORE COMPETENCIES FOR BOOKKEEPING
(Based on the Bookkeeping Course NC III)

• JOURNALIZE TRANSACTIONS (Unit Code: HCS412301)
• POST TRANSACTIONS (Unit Code: HCS412302)
• PREPARE TRIAL BALANCE (Unit Code: HCS412303) 
• PREPARE FINANCIAL REPORTS (Unit Code: HCS412304)

Note: Discussion-articles here for Core Bookkeeping will be limited only to topics related to Financial Accounting and Reporting.  Topics for Basic and Common Competencies are not touched here.