Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Business Organization

Financial Accounting

1. Introduction to Accounting

Business Organization

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Multiple Choice

What is a common first step when drafting an ethics code for a business?

Conducting annual ethics training sessions

Distributing the code to all employees

Reporting violations to regulatory authorities

Identifying the core values and principles of the organization

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Verified step by step guidance

Understand the purpose of an ethics code: It serves as a guide for employees and stakeholders to align their behavior with the organization's values and principles.

Identify the core values and principles of the organization: This is the foundational step in drafting an ethics code, as it ensures the code reflects the organization's mission, vision, and ethical priorities.

Engage stakeholders in the process: Consult with employees, management, and other stakeholders to ensure the ethics code is comprehensive and relevant to the organization's operations.

Draft the ethics code: Use clear and concise language to outline the organization's values, principles, and expectations for ethical behavior.

Review and refine the draft: Seek feedback from stakeholders and legal experts to ensure the ethics code is practical, enforceable, and compliant with applicable laws and regulations.