CAS 101: Mastering Essential Accounting Skills” offers a comprehensive introduction to the fundamental aspects of Client Accounting Services (CAS). This course covers the core principles of accounting, including Generally Accepted Accounting Principles (GAAP), and provides a deep dive into the elements of financial reports such as balance sheets, income statements, and cash flow statements. Students will learn how to record transactions accurately and analyze financial data effectively to provide meaningful insights. Additionally, the course emphasizes the importance of clear and effective communication in the accounting profession, equipping students with the skills necessary to convey financial information to clients and stakeholders with confidence and clarity.
Course ID: CAS101
CAS 101: Mastering Essential Accounting Skills
Learning Objectives
- Recall the key components of CAS services
- Distinguish between the key elements of financial statements
- Identify fundamental principles of GAAP
- Determine basic transactions such as depreciation and adjusting inventory
- Analyze financial data
- Recall methods for effective internal and external communication
Major Topics
- Overview of CAS services
- Principles of Financial Reporting
- Elements of quality financial reporting
- Transaction Fundamentals
- Analyzing financial data
- Building and maintaining effective internal and external relationships
Who Should Attend
Entry level staff with no background in accounting
Fields of Study
AccountingPrerequisites
None