Accounting Capstone 101-163
(View Complete Item Description)The objective of this project is to serve as a capstone assessment of the following accounting program outcomes:Process financial transactions throughout the accounting cycleAnalyze financial and business information to support planning and decision-makingPerform payroll preparation, reporting, and analysis tasksIdentify internal controlsStudents complete the entire accounting cycle with year-end account analysis. Students will use QuickBooks Online to record transactions. Considerations that will have to be made include:Ability to read actual documents and interpret transactionManagement of inventory itemsSales taxMemorizing transactionsUse of delayed chargesCompleting monthly banking tasksComplete payroll manually and enter JE in QBOComplete payroll reports and sales tax reports and pay unemployment taxes dueCustomize financial statementsPerform vertical and horizontal analysis with some ratio analysisAnalyze business success and make suggestions.
Material Type: Case Study, Reading, Textbook