| | Searching Current Courses For Fall 2016 |
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Course: |
FIN 113
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Title: | Credit Union Acctg Problems |
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Long Title: | Credit Union Accounting Problems |
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Course Description: | Focuses on terms and procedures basic to accounting and unique to credit unions. Covers concepts of credit union accounting, general records and the general ledger, reserves and undivided earnings, the statement of financial condition, the balancing of other subsidiaries, closing the books, various accounting situations, and the credit union cycle. |
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Min Credit: | 2 |
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Max Credit: | |
STANDARD COMPETENCIES:
I. Identify the characteristics of sound credit union accounting.
II. Identify jobs available in the credit union industry dealing with accounting.
III. Recognize the relationship of effective credit union accounting to credit union management.
IV. Locate sources of accounting information as they relate to credit union problems.
V. Understand how reserves are maintained for a credit union.
VI. Read and prepare financial statements.
VII. Understand the debit credit process for credit unions.
VIII. Understand the credit union cycle.
TOPICAL OUTLINE:
I. Credit Union Accounting
A. Characteristics
B. Jobs Available
II. Relationship of Accounting to Management
III. Sources of Accounting Information
IV. Credit Union Reserves
V. Financial Statements
A. Read
B. Prepare
VI. Credit Union Debit Credit Process
VII. Credit Union Cycle
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