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Updated in [June 30th, 2023]
This Accounting Foundations: Bookkeeping Online Class provides an introduction to the fundamentals of accounting and bookkeeping. Students will learn how to find free, public data sources on a wide range of business, education, and health issues, and how to download the data for their own analysis. The course introduces a number of US government resources, ranging from the US Census Bureau to the US Patent and Trademark Office, and surveys datasets from international organisations such as the World Bank and the United Nations. It also goes over data search engines, web services, and even language resources like Google Books' Ngram Viewer. Upon completion of the course, students will be better equipped to locate the information they require for their scholarship and data analysis efforts.
[Applications]
After completing this course, students can apply their newfound knowledge to locate and analyze data from a variety of sources. They can use the data to inform their research and scholarship efforts, as well as to gain a better understanding of the world around them. Additionally, students can use the data to create visualizations and reports that can be used to inform decision-making. Finally, students can use the data to create predictive models that can be used to forecast future trends.
[Career Path]
The career path recommended to learners of this course is bookkeeping. Bookkeeping is the process of recording and tracking financial transactions, such as purchases, sales, and payments. It is an essential part of any business, as it helps to ensure accuracy and compliance with financial regulations. Bookkeepers are responsible for maintaining accurate records of all financial transactions, including invoices, receipts, and payments. They must also be able to analyze and interpret financial data, and provide reports to management.
The development trend of bookkeeping is towards automation. With the advancement of technology, bookkeeping is becoming increasingly automated, with software programs and cloud-based solutions taking over many of the manual tasks. This has allowed bookkeepers to focus more on the analysis and interpretation of financial data, rather than on the tedious task of data entry. Automation has also made bookkeeping more efficient and cost-effective, as it eliminates the need for manual data entry and reduces the amount of time spent on bookkeeping tasks.
[Education Path]
The recommended educational path for learners who have completed the Accounting Foundations: Bookkeeping Online Class is to pursue a degree in accounting. This degree will provide learners with the knowledge and skills necessary to become a professional accountant. The degree typically consists of courses in financial accounting, auditing, taxation, and business law. Additionally, students will learn about financial statement analysis, budgeting, and financial management.
The development trend for accounting degrees is to focus on technology and data analytics. This includes courses in data mining, machine learning, and artificial intelligence. Additionally, students will learn how to use software such as Excel and QuickBooks to analyze financial data. This will help them to better understand the financial implications of their decisions and to make more informed decisions.
Course Syllabus
Introduction
Introduction to bookkeeping
The language of business
How can we collect all this information?
What you should know
