Financial Information Processing
COURSE TITLE: Financial Information Processing
COURSE CODE: FIP
UNITS OF CREDIT: .5
COURSE LENGTH: One Semester
COURSE DESCRIPTION:
Financial Information Processing gives students a thorough background in basic record keeping skills for both personal and business use and provides the opportunity for improving math, calculator, and computer skills. Once students have mastered manual record keeping procedures, computer software will be used to facilitate the processing of data and to help the students understand the use of computers in keeping records. The FIP course enhances math skills by improving the students’ ability to perform and apply basic math processes quickly and accurately.
Students develop entry level proficiency in common financial information processing areas such as inventory, purchasing and accounts payable, sales and accounts receivable, cash and payroll, using computer simulations. In addition, students engage in Career/Business simulations.
Topics covered in this course include:
1. Budgets 5. Petty cash
2. Credit records 6. Payroll
3. Cash receipts 7. Record keeping for sales clerks,
4. Checking accounts AR clerks, stock clerks, charge sales,
and small business records
PROJECTS AND ACTIVITIES:
· Daily practice activities to enhance math skills
· Building business vocabulary and communication skills to enhance word skills
· Practice activities to enhance development of calculator and computer keypad skills
· Completion of application problems using business and accounting forms
Keeping Financial Records for Business
South Western, 2001
West End Law (Simulation software and student workbook)
Classroom, Inc., 2003
PREREQUISITE: BABCA 2
ASSESSMENT: Classroom projects and teacher developed assessment
COURSE CODE: FIP
UNITS OF CREDIT: .5
COURSE LENGTH: One Semester
COURSE DESCRIPTION:
Financial Information Processing gives students a thorough background in basic record keeping skills for both personal and business use and provides the opportunity for improving math, calculator, and computer skills. Once students have mastered manual record keeping procedures, computer software will be used to facilitate the processing of data and to help the students understand the use of computers in keeping records. The FIP course enhances math skills by improving the students’ ability to perform and apply basic math processes quickly and accurately.
Students develop entry level proficiency in common financial information processing areas such as inventory, purchasing and accounts payable, sales and accounts receivable, cash and payroll, using computer simulations. In addition, students engage in Career/Business simulations.
Topics covered in this course include:
1. Budgets 5. Petty cash
2. Credit records 6. Payroll
3. Cash receipts 7. Record keeping for sales clerks,
4. Checking accounts AR clerks, stock clerks, charge sales,
and small business records
PROJECTS AND ACTIVITIES:
· Daily practice activities to enhance math skills
· Building business vocabulary and communication skills to enhance word skills
· Practice activities to enhance development of calculator and computer keypad skills
· Completion of application problems using business and accounting forms
Keeping Financial Records for Business
South Western, 2001
West End Law (Simulation software and student workbook)
Classroom, Inc., 2003
PREREQUISITE: BABCA 2
ASSESSMENT: Classroom projects and teacher developed assessment
