This program provides students with the knowledge necessary to manage and maintain a company's financial resources. Students will learn to apply generally accepted accounting principles to determine the value of assets, liabilities, and owner's equity as they apply to various forms of manual and computerized systems for service and merchandising business. Students will also focus on accounting procedures necessary to address long and short-term assets and investments, long and short-term liabilities, inventory management and accounting ratios in the decision-making process. A comprehensive study of the accounting procedures used in establishing corporations, declaring and paying dividends, the formation and dissolution of partnerships, distribution of net income and owners' equity statements is included in this program of study. Students will identify positions and career paths in the field of accounting and fiancé and will examine the role of ethics and social responsibility in decision process.