Cornell Accounting 101

This course is for staff members who work with accounting information or who are new to Cornell accounting methods. The three-session program uses a mixture of online and traditional classroom learning. There is an online, open-book exam after each session (a total of 3 exams) that must be completed along with all three sessions to receive credit. Exams do not need to be completed before attending the next session.

Session I: A prerequisite for sessions II and III, this session provides an online introduction to accounting topics and policies such as the accounting equation; assets, liabilities, and fund balance accounting; debits and credits; ethics; compliance and methods, the Cornell accounting structure; and commonly used accounting terms. Approximate completion time is 20-30 minutes (not including the exam).

Session II: This classroom session will cover topics such as debits and credits;  organizations (orgs) and the org structure; account types; the Cornell accounting string (account, sub-account, object codes, sub-object codes, project codes, org ref ID); restriction classifications (unrestricted, temporarily, permanently); account attributes (fund, sub-fund, sub-fund program); and higher education function codes.

Session III: This classroom session will tie together the topics covered in Session II by reviewing KFS, including creating/updating an account; creating a sub-account; creating a sub-object code; closing accounts; viewing account balances; understanding general ledger (GL) pending entries and self-balancing accounts; measuring accounting information; accounting fiscal periods; reporting accounting information (dashboards and Web Financials II).

Instructors

Accounting staff members and Steve Jackson, Organizational Development for Faculty and Staff (ODFS)

Class Dates

This is a three-session program. Session 1 is an online prerequisite. Sessions II and III will take place from 9:00 a.m. – 12:00 p.m. on the following dates:

• ACCT101-BLD-2017.10.17: Tuesday, 10/17/17 and Thursday, 10/19/2017
• ACCT101-BLD-2017.12.05: Tuesday, 12/5/2017 and Thursday, 12/7/2017
• ACCT101-BLD-2018.02.13: Tuesday, 2/13/2018 and Thursday, 2/15/2018
• ACCT101-BLD-2018.04.10: Tuesday, 4/10/2018 and Thursday, 4/12/2018
• ACCT101-BLD-2018.06.05: Tuesday, 6/5/2018 and Thursday, 6/7/2018

Fee

No fee.

Register through CULearn

• Go to the course page in CULearn. (Log in with your NetID and password is required.)
• Choose the class time that fits your schedule and click Enroll.