Fundamentals of Accounting Capstone
By External Provider
About this course
**You should complete all other courses in the Fundamentals of Accounting Specialization before beginning this course.** The capstone project will be set in the context of a realistic small-business enterprise, and will require you to think deeply and apply the accounting concepts presented in the other courses in the Fundamentals of Accounting. While navigating the daily operations of the business, you will have an opportunity to consider the accounting implications of the economic events encountered, as well as how these economic events should be communicated to decision makers. If you enjoy this business course and are interested in an MBA, consider applying to the iMBA, a flexible, fully-accredited online MBA at an incredibly competitive price offered by the University of Illinois. For more information, please see the Resource page in this course and onlinemba.illinois.edu.
What you will learn
- Identify expenses and estimate the cost of those expenses.
- Determine the appropriate selling price for your product, service, or charitable organization.
- Analyze the expected performance of the business and make appropriate internal decisions.
- Prepare financial statements that are appropriate for external users and prepare for communication with external decision makers.