FBLA - recommended - dues $20.00

(1 Block, 1 Semester)
Prerequisite: keyboarding skills
Suggested Grade Levels: 10th, 11th, 12th

Accounting students study the basic principles, concepts and practices of the accounting cycle for a service business and a merchandising business. Topics covered include analyzing transactions, journalizing and posting entries, preparing payroll records and financial statements, and managing cash control systems. Business ethics and professional conduct are emphasized. Students learn fundamental accounting procedures.

(1 Block, 1 Semester)
Prerequisite: Accounting
Suggested Grade Levels: 11th, 12th

Advanced accounting students gain knowledge of advanced accounting principles, procedures, and techniques used to solve business problems and make financial decisions. Students work in a technology-integrated environment, using accounting and spreadsheet software to analyze, synthesize, evaluate, and interpret business financial data related to inventory, fixed assets, notes/accounts payable and receivable, implementation of a partnership and a corporation, and other specialized accounting systems. Using authentic workplace scenarios that reflect current industry trends and standards, students analyze financial data and acquire knowledge of business ethics.

(1 Block, 1 Semester)
Prerequisite: none
Suggested Grade Levels: 10th, 11th, 12th

Students learn how economies and markets operate and how the U.S. economy is interconnected with the global economy. Additionally, students learn how to navigate financial decision making and to make informed decisions relating to career exploration, budgeting, banking, credit, insurance, spending, financing postsecondary education, taxes, saving and investing, buying/leasing a vehicle, and living independently. Students also learn the importance of investing in themselves to gain valuable knowledge and skills. Development of financial literacy skills and an understanding of economic principles will provide the basics for responsible citizenship, more effective participation in the workforce, and career success. The course incorporates all economics and financial literacy objectives included in the Code of Virginia §22.1-200-03B.

To Note: As enacted by the General Assembly in 2011 and prescribed by the Board of Education, beginning with students who enter the ninth-grade class for the first time in 2011-2012 and beyond, all students shall earn one (1) standard credit in Economics and Personal Finance. All the Economics and Personal Finance Standards of Learning to meet that graduation requirement for the Standard and Advanced Studies diplomas are included in the instruction of this course.