Students can analyze accounting transactions (via debits and credits), prepare income statements, statements of retained earnings, and balance sheets. They learn about the accounting cycle (analyzing business transactions, recording them in the general journal, posting to the general ledger, making adjustments to account balances, preparing financial statements, and closing some accounts). They can do this manually. Students also know about financial ratios and they can analyze financial statements. We study about environmental, social, and governance (ESG) responsibility of business to society and the planet (via non-financial disclosures). We study US GAAP, but we are open to exploring IFRS accounting rules.

Students should be able to prepare written reports (Excel spreadsheets, PowerPoint slideshows, and/or Word documents with the outputs of the project) and/or oral presentations on Zoom/Teams.