Title: Module 3 Introduction: (CU4 M3)
Course: SkillsCom BA 215 16.0 > Section: Credit Unit 4 Module 3

In this Module you will be introduced to the following:

- Budgeting process
- Sales budget
- Schedule of cash receipts and payments
- Income statements
- Balance sheets
- Cash flow statements

Course Outcomes covered in this Module:

- Gain understanding of the accounting cycle and evaluate business transactions using the accounting equation.
- Demonstrate the communication of accounting information by the use of commercially available spreadsheet software.
- Describe the four basic financial statements: Balance Sheet, Income Statement, Statement of Cash Flows, and Statement of Retained Earnings.
- Describe the purpose of budgeting in an organization.
- Calculate cost and efficiency variances using standard cost information.