Accounting I –Online Program

Offered by: StraighterLine

College credits: 3

Course length: Self-paced, 8 weeks

NEXT COURSE STARTS ON May 1, 2018

Overview

Accounting I focuses on basic accounting principles and how they function in normal business operations. Students learn to identify and use Generally Accepted Accounting Principles (GAAP), ledgers and journals, and steps of the accounting cycle. The course also introduces bank reconciliation methods, balance sheets, financial statements, assets and liabilities, and equity, and discusses the issue of business ethics.

  • Identify and apply Generally Accepted Accounting Principles (GAAP).
  • Apply the steps of the accounting cycle.
  • Post and analyze transactions using ledgers and journals.
  • Record adjusting entries for prepaid expenses and unearned revenue.
  • Complete an adjusted trial balance.
  • 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.

Cost and Schedule

Guild provides reduced cost education for working adults. We’ll help you have an affordable path to move your education forward.

Cost

Frequently Asked Questions


What is StraighterLine?
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StraighterLine is an educational provider that offers online higher education courses that are equivalent to general courses required for bachelor’s degrees. Their courses have been evaluated by American Council on Education’s College Credit Recommendation Service (ACE CREDIT) and have been recommended for college credit. They have partnerships with a number of accredited colleges and universities.

What is the application process like?
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Your advisor will be in contact throughout the process to help you complete the application, as well as answer any questions you may have. In the meantime, here is a general outline of what to expect:
  1. Apply to this offering.
  2. Complete the SmarterMeasure assessment related to your online learning style.
  3. In certain cases, you will need to submit your unofficial transcripts to Guild.

What does a self-paced course mean?
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You can take a course 100% online at your own speed, in the comfort of your own home. You can take the course exam whenever you are ready. If you dedicate 17 to 20 hours per week to a course, this should allow you to finish a course within a single month. 

Tell me more about Guild Education.
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Guild Education partners with employers to offer a variety of online classes, programs, and degrees from top-ranked universities that you can complete while working.

You will get support from a Guild advisor, who will help you find the right program, navigate the financial aid process, and provide you with personal college and career advising to help you navigate the college process from day one to graduation.

To give employees a variety of options, Guild partners with a consortium of universities and learning providers, including Brandman University, Western Governors University, Bellevue University, and StraighterLine, in addition to offering custom content. 

Benefits of partnering with Guild include:
  • A path to finish your degree or take graduate courses, at little to no cost
  • A personal college and career adviser to help you navigate programs and offerings
  • Online classes that allow you to work at your own pace
  • Relevant classes and programs designed to help you advance in your career
  • Credit recognition for past college credits and corporate credits towards your degrees

What are Guild's guiding principles?
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  • Students first: We're here to help you, and you come first in our world. In exchange, we expect you give your all and to support your fellow classmates.
  • We learn best by doing: Experimentation, learning by doing, feedback and reflection lay at the core of every learning experience with Guild.
  • Feedback makes us better, in fact, it’s a gift: Practice only makes perfect when we get feedback on how to improve.
  • Reflection is a need-to-have, not a nice-to-have: Reflection allows us to digest the learnings and feedback we’ve received.
  • Community matters: We’re all in this together and we expect all Guild members to appreciate the role we play in each other’s learning experience.