Business Accounting: The Conversion Cycle


Overview/Description
To provide students with an overview of the conversion cycle and the role of accounting within it

Target Audience
Managers, prospective managers, and any other employees seeking competency in the area of accounting

Prerequisites
A basic understanding of the accounting function

Expected Duration
4:00 Hours

Objectives:

Business Accounting: The Conversion Cycle

  • To discuss recent changes in the conversion cycle and to examine the management cycle
  • To explain the activities in the conversion cycle and the accounting methods used to record them
  • To explain the need for Cost of Goods reports and to describe the roles of the income statement and balance sheet in the conversion cycle

  • Course Number: KAB27SE