{ "courseDescription": "This course introduces basic concepts and practices of accounting and double-entry bookkeeping. Journals, ledgers, and various types of accounts are described and discussed. Real-world business transactions are analyzed, and their proper entry into financial records is demonstrated. Students learn how to determine profit or loss on a cash or accrual basis and related skills, such as preparing budgets and reading basic financial statements.", "countsTowards": "a bachelor’s degree when taken for credit.", "countsTowardsLink": "http://www.newschool.edu/academics/business", "willLearn": "Determine profit or loss on a cash or accrual basis and related skills, such as preparing budgets; and \nRead basic financial statements.", "benefits": "Gain familiarity with the vocabulary and structure of accounting; \nBe able to keep accounts of a small business;\nBegin to understand internal management reports, and external financial statements for investment; \nUnderstand the use of accounting as a language to elucidate or deceive; and\nBecome aware of accounting decisions and their underlying process." }