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What are some basic accounting courses?

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Quick Answer

There are several types of basic accounting courses, including courses in financial accounting, managerial accounting, accounts payable and accounts receivable. Colleges such as Kutztown University of Pennsylvania offer several online basic accounting courses, such as Creating a Profit and Loss Statement and Preparing a Balance Sheet. Basic industry oriented accounting courses include Introduction to Financial Management and Accounting offered at the Massachusetts Institute of Technology, and Corporate Finance for Healthcare Administrators offered at the University of Michigan.

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Accounting students can take a standard introductory course such as Financial Accounting offered at Southern New Hampshire University to gain insight into standard accounting practices. This course teaches students rules and regulations that accountants must follow, and how to understand financial accounting systems. SNHU also offers a basic course in Managerial Accounting, which teaches students how to analyze a company's past financial performance, and provide expert advise on how companies can improve financially.

A basic course in accounts payable teaches students how to successfully manage an accounts payable department at a company. In addition to processing checks, this course provides insight into processing check requests, purchase orders and dealing with company vendors. Prospective accountants also learn about annual audits and how to prevent financial errors while carrying out duties. A basic accounts receivable course explains the billing process, money collecting procedures and approving credit requests.

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