Essentials of Financial Accounting
  • Type Certification
  • Level Intermediate
  • Time Months
  • Cost Paid
Additional Details

Essentials of Financial Accounting

Issued by Oklahoma State Regents for Higher Education (OSRHE)

Earners of the Essentials of Financial Accounting certification will demonstrate competency in the basic principles of financial accounting, including how to record transactions, prepare financial statements, analyze selected accounts and use accounting information in decision-making.

  • Type Certification
  • Level Intermediate
  • Time Months
  • Cost Paid
Additional Details

Skills

Earning Criteria

  • Achieve a grade of C or higher in ACCT 2013: Principles of Financial Accounting.
  • Earners will analyze economic events; prepare journal entries; complete the corporate accounting cycle steps.
  • Earners will value current and long-term assets; value current and long-term liabilities.
  • Earners will prepare corporate financial statements and calculate stockholder's equity.
  • Earners will be competent in using financial statements including income statements, balance sheeting, cash flow statements, and statements of retained earnings to record, summarize and report business transactions