HST 1070 - Financial Functions

Clock Hours: 96

Delivery Mode
on-ground

Course Description:
The student will develop skills in the basic accounting equation, T-accounts, debits and credits, the accounting cycle and journal transactions, working with the general ledger, generating financial statements, and working with adjusting and closing entries.

Student Learning Outcomes:

Demonstrate knowledge of basic accounting principles.
Understand rules of debit and credit.
Define and recognize basic accounting forms and financial statements.
Demonstrate the ability to accurately enter information from source documents into automated software.
Use automated software to generate reports, charts, and tax forms.
Demonstrate the ability to make corrections in the accounting software.
Understand the terminology, rules, and regulations surrounding payroll taxes and deductions.
Be able to calculate gross wages for various types of paid employees.