Principles of financial and managerial accounting wgu

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Principles of financial and managerial accounting wgu

Financial and Managerial Accounting D196.docx | Spring 2021

School: WGU
Course Title: ACCOUNTING D196

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wwbic_profitlosstemp.xls | Spring 2021

School: WGU
Course Title: ACCOUNTING D196

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D196 Study Guide.docx | Spring 2021

School: WGU
Course Title: ACCOUNTING D196

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D196- Principles of Financial and Managerial Accounting.

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D196 – Principles of Financial and Managerial Accounting:Study GuideCourse OverviewThis course will provide you with a foundational understanding of how accounting impacts youas a business professional. From budgets and performance reports to cost analyses andapproaches to decision making, Accounting impacts them all.Principles of Accounting willintroduce you to how things are done in the business environment today. As the “language ofbusiness,” this course will give you an insider’s view of both financial and managerialaccounting, both of which will be essential to your success in whatever path you take in theglobal economy of today and the future.UNIT 2:(Competency Weight 15%)Accounting Information (Module 1)– Complete the following activities:Read/Listen to all the module content. Watch all the embedded videos.Complete all the Knowledge Checks.Complete the Module 1 quiz.You should be able to answer the following questions after studying this module:What is the role and purpose of Accounting?Who uses accounting information and why?What are the important influences on Accounting?What is the role of ethics in Accounting?The Accounting Cycle (Module 2)– Complete the following activities:Read/Listen to all the module content. Watch all the embedded videos.Complete all the Knowledge Checks.Complete the Module 2 quiz.You should be able to answer the following questions after studying this module:What is the Accounting Cycle and how does it work?oCan you explain the Accounting Cycle?What is the Accounting Equation?oCan you explain the ‘basic’ accounting equation?oCan you explain the ‘expanded’ accounting equation?Upon completion of Unit 2 (Modules 1 and 2)– Complete the following activities:Review the Unit 2 Summary.Complete the Unit 2 Test.