Subject: Elective, Business

Introduction to Accounting

Course Type: Standard High School

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Credits: 1.0

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Course Description

Accounting is the language of business. After completing this course, you will have a major advantage when taking college accounting and possess the skills necessary for entry-level accounting and bookkeeping careers. During the course of the semester you will: prepare financial records, develop financial reports, enhance your general knowledge of business, and learn payroll and taxes.

Textbook: Accounting (Boundless CC BY-SA 4.0)

Course Objectives

Understand the basic principles of Accounting.

Develop skills for reading and interpreting financial statements.

Understand the importance of controlling and reporting various financial components.

Acquire the capability for developing sound financial basis for accounting.

Develop appropriate attitudes and the necessary ethics business accounting.

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Course Contents

Module TitleModule Topic(s)
Introduction to Accounting
Accounting Information and the Cycle
Accounting Information and the Cycle
Cash & Receivables
Controlling & Reporting of Inventories
Controlling & Reporting of Real Assets
Control & Report of Intangible Assets
Valuation & Reporting of Investments
Current & Contingent Liabilities
The Time Value of Money
Reporting of Long-Term Liabilities
Reporting of Stockholders' Equity
Review of the Income Statement
Review of Statement of Cash Flows
Special Topics in Accounting
Analyzing Financial Statements

Recommended Prerequisites

Carnegie Credits Explained: Our Approach vs. Trimester Credits

Carnegie Credit System
Excel High School follows the Carnegie Credit system, a widely recognized method of measuring student progress based on instructional hours. A single Carnegie credit reflects approximately 120 hours of coursework, typically completed over a full academic year.

Carnegie Credit vs. Trimester Credit
While Carnegie credits are awarded based on total hours over a year, trimester credits divide the school year into three terms. In a trimester system, students complete courses in shorter, intensive sessions, often earning partial credits (e.g., 0.33 or 0.5 per term). In contrast, Excel’s use of Carnegie credits ensures students have ample time to engage deeply with the material and develop a well-rounded understanding at a consistent pace.

Accreditation You Can Trust

Recognized & Respected Nationwide

At Excel High School, we are proud to be regionally accredited by Cognia, along with additional accreditations from NCA, SACS, NWAC, and the Middle States Association. Our programs meet the same rigorous standards as public schools, giving you the confidence of earning a well-respected diploma.

Global Recognition for Our Accredited Diplomas

Excel High School’s regionally accredited diploma is accepted by colleges and universities around the world. With our recognized accreditation, you can confidently pursue higher education wherever your journey takes you.

Accreditation You Can Trust

Recognized & Respected Nationwide

At Excel High School, we are proud to be regionally accredited by Cognia, along with additional accreditations from NCA, SACS, NWAC, and the Middle States Association. Our programs meet the same rigorous standards as public schools, giving you the confidence of earning a well-respected diploma.

Global Recognition for Our Accredited Diplomas

Excel High School’s regionally accredited diploma is accepted by colleges and universities around the world. With our recognized accreditation, you can confidently pursue higher education wherever your journey takes you.