CourseOutlineBUS2216ComputerizedAccounting.docx

Beginning and introducing the course the facilitator

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Beginning and introducing the course! The facilitator encourages students to adapt and to adopt the most recent technology in getting things done effectively and efficiently 1 Computerized Accounting software Packages i. Why an accounting software? ii. Types of accounting software iii. Choosing an accounting software- factors to consider iv. Benefits of using computerized accounting software v. Disadvantages of using CAS, defenses to demerits A presentation by class participants in group formation They do research and present in the next class (GROUP I) 2 EXCEL Getting started in excel i. Invoking excel and Navigating/ viewing excel ii. Commands, buttons contained in the ribbon A full lecture by the facilitator and full of hands on approach 2
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iii. Arranging windows (maximize, minimize, restore) iv. Resizing and moving windows v. Creating a workbook vi. Moving around a work book (Using a mouse and a keyboard) vii.Saving a workbook viii. Renaming worksheets ix. Opening an existing workbook 2 – 6 Working in Excel a) Making excel entries i. A label, Value, Formula ii. Selecting cells – single and a range of cells iii. Formatting text (General, Number, Currency, date) iv. Centre and merging cells v. Borders b) Modeling i. Procedures of modeling an accounting system and it include among other things:- Preparation of Various Ledger accounts (General journal, Cash book, Accounts payable, Accounts receivable, Salaries &wages, advertising, & other expenses accounts e.6t.c ii. Loan Amortization schedule (interest & payback period) iii. Asset management schedule (Building a/c, Furniture a/c, Premises a/c, Computers, Motor vehicles e t c) iv. Acquisition of an asset through Leasing and determination of interest expense. v. Calculation of annual depreciation using Straight line method, reducing balance method vi. Final accounts (Statement of profit or Loss & Other comprehensive income Emphasis: use the vertical format as opposed to the Horizontal format because vertical is now the current format. vii. Capital budgeting analysis viii. Time Value of money concept ix. Linking worksheets A mix of the facilitator’s insights and students participation. Facilitator’s input and Course-Work is given (Ex1) A group presentation to be made by class participants (GROUP II) Another group presentation (GROUP III) Facilitator, gives a take a way Course- Work (Ex2) Project (Grouping here) Group presentation (GROUP IV) 3
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7 QUICKBOOKS
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