1. OBJECTIVES OF ACCOUNTING INFORMATION SYSTEMS Matherial is prepared according to: Paige Baltzan, Amy Phillips. Bussiness Driven Information Systems. 2008 McGraw Hill Higher Education Online Learning. http://onlinelearning.uvcms.com/index.php?page=course-and-program-catalog

2. Main steps of accounting Identify and apply Generally Accepted Accounting Principles (GAAP). Apply the steps of the accounting cycle. Post and analyze transactions using ledgers and journals. Demonstrate how to record adjusting entries for prepaid expenses and unearned revenue. Demonstrate understanding by completing an adjusted trial balance.

3. Main steps of accounting Perform a bank reconciliation. Explain the purpose of the sales journal and the Accounts Receivable ledger and post entries to both. Record the costs associated with the acquisition of property, plant, and equipment. Explain the purpose of and prepare entries for the purchase order journal and accounts payable (A/P) ledger. Identify the fundamental principles of an accounting information system.

4. Basics for Accounting business

5. Recording business information

6. Financial statements

8. Accounting cycle

9. Asset Cash and Controls

10. Assets Sales and Receivables

11. Assets: Inventory Valuation

13. Acquisition of Property, Plant and Equipment

14. Liabilities: Purchasing and Payables

15. Liabilities (atsakomybė už nuostolius)

16. Liabilities

17. Liabilities of employee and payroll accounting