Business Organizations

Accounting work is done in and for organizations, especially business organizations. Its objective is to provide information about the organization’s financial position, performance, and cash flows.

Why this course

Knowledge of business organizations familiarizes the aspiring accountant with realistic expectations of the environment of accounting. Businesses are organized in several ways depending on several factors. Accounting processes depend on the type of business organization and the uniqueness of each determine the scope and nature of accounting work. The accountant must know the type of business organization to determine applicable policies, standards, and regulations.

What you will learn

The course discusses the three dominant types of business organizations, their characteristics, advantages, and disadvantages. Taxation, control by owners, and the ability to raise vast amounts of capital are important considerations in deciding the type of business organization. The course also discusses the organizing process. Accountants are often sought for advice at the organization stage accountant begins before the start of actual operations.

  • Easy enrollment and checkout; online or over-the-counter bank payment, more than 5,000 remittance and payment centers nationwide
  • Course availability anytime, anywhere in any internet enabled device​
  • Note-taking capability at the front end; ability to download or print own notes for later review​
  • Interactive quizzes and activities to test knowledge and recall of key concepts​
  • Online discussion for collaborative learning and building an online community​
  • Private one-on-one consultation with group leader, teacher, or subject matter expert; by appointment​
  • Access to scheduled live interaction, online group meetings, or webinars
  • Free downloadable E-Book at end of course for future review and reference​
  • Administrative tools for group leaders and teachers for class management and monitoring; detailed reports of student performance​

Prepare for a rewarding career in accounting. Build on solid theoretical foundations. Learn the skills and have the functional competence to apply them. ​