Big Ideas |
Business creates opportunities to enable change. |
Accounting 12 |
No CCG |
|
Big Ideas |
Financial literacy promotes the financial well-being of both individuals and businesses. |
Accounting 12 |
No CCG |
|
Content |
career options and opportunities in various accounting sectors |
Accounting 12 |
No CCG |
|
Content |
industry best practices |
Accounting 12 |
No CCG |
|
Content |
interpersonal and presentation skills to promote products or services and to interact with potential customers/clients |
Accounting 12 |
No CCG |
Keyword: interpersonal and presentation skills |
Elaboration: for example, professional communications, collaboration, follow-ups, and courtesies; technological or visual supports to accompany marketing or demonstrations at meetings and conferences; social media and networking |
|
Content |
coordination and facilitation skills for projects and processes |
Accounting 12 |
No CCG |
|
Content |
internal controls established to protect assets and ensure accuracy |
Accounting 12 |
No CCG |
Keyword: internal controls |
Elaboration: for example, asset management, inventory management, cash management, controls against theft and fraud |
|
Content |
account reconciliation |
Accounting 12 |
No CCG |
|
Content |
specialized accounting journals |
Accounting 12 |
No CCG |
Keyword: specialized accounting journals |
Elaboration: for example, subsidiary ledger, synoptic journal, cash receipts journal, sales journal, cash payments journal, purchases journal |
|
Content |
accounts receivable, accounts payable |
Accounting 12 |
No CCG |
|
Content |
periodic and perpetual inventory methods |
Accounting 12 |
No CCG |
|
Content |
detailed ledger accounts |
Accounting 12 |
No CCG |
|
Content |
inventory systems best suited for different business models |
Accounting 12 |
No CCG |
Keyword: inventory systems |
Elaboration: last-in first-out (LIFO), first-in first-out (FIFO), perpetual and periodic, cost of goods sold |
|
Content |
basic payroll processes |
Accounting 12 |
No CCG |
Keyword: payroll processes |
Elaboration: for example, general payroll remittances, required payroll tax documents |
|
Content |
accounting principles and practices |
Accounting 12 |
No CCG |
Keyword: accounting principles |
Elaboration: generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS) |
|