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Ch 29: CEOE Business Education: Fundamentals of Accounting

About This Chapter

Peruse the lessons in this chapter to establish your grasp on the basics of accounting in preparation for your CEOE Business Education exam. There's a self-assessment quiz that goes along with each of the review lessons in the chapter.

CEOE Business Education: Fundamentals of Accounting - Chapter Summary

You can review material on accounting through our engaging video lessons that effectively cover accounting topics in just a few minutes. The following topics are among the major components covered in this CEOE Business Education prep chapter:

  • Purpose of accounting
  • External and internal uses of accounting information
  • Types of accounting disciplines
  • The Generally Accepted Accounting Principles (GAAP)
  • Technology and the accounting process
  • The steps of the accounting cycle
  • How accounting and bookkeeping are alike and different

Video tags let you quickly return to specific topics in a video lesson for another look. Check out the text lessons for another effective study resource covering key accounting material.

Objectives of the CEOE Business Education: Fundamentals of Accounting Chapter

The CEOE Business Education test finds out if an examinee's expertise satisfies criteria for teaching business at public schools in Oklahoma. Refreshing your memory on the content in this chapter will help ensure you're ready for some of the questions found within the accounting subarea, which makes up about 17% of the test. All of the questions in this section are multiple choice.

7 Lessons in Chapter 29: CEOE Business Education: Fundamentals of Accounting
What Is Accounting? - Purpose, Importance & Relationship to Business

1. What Is Accounting? - Purpose, Importance & Relationship to Business

Just as French is considered the language of love, accounting is considered the language of business. In this lesson, you will learn exactly what accounting is. You will also learn the purpose of accounting, why it is important, and how it relates to the business world.

External and Internal Users and Uses of Accounting

2. External and Internal Users and Uses of Accounting

Accounting has many uses. In this lesson, you will learn not only who accounting users are but also what types of accounting information is used. You will also learn the uses of that accounting information.

Accounting Disciplines: Descriptions and Definitions

3. Accounting Disciplines: Descriptions and Definitions

Most people know that accountants work with numbers, but there's more to accounting than bookkeeping. In this lesson, you'll learn about various accounting disciplines including managerial, financial, tax, government and non-profit accounting.

What Is GAAP? - The Generally Accepted Accounting Principles

4. What Is GAAP? - The Generally Accepted Accounting Principles

Rules and regulations are a part of life for everyone, including those in the accounting industry. In this lesson, you will learn about GAAP standards, what they mean to accounting, and who establishes them.

Technology in Accounting: The Growing Role of Technology in Accounting

5. Technology in Accounting: The Growing Role of Technology in Accounting

Change and technology go hand in hand, especially in the accounting industry. In this lesson, we will take a walk back in time and discuss some of the technological advances in accounting through the years. We will also discuss how these changes have affected the accounting process.

The Accounting Cycle: Definition, Steps & Examples

6. The Accounting Cycle: Definition, Steps & Examples

Accounting is essential to the proper and efficient functioning of a business. In fact, it is often referred to as the 'language of business.' In this lesson, you'll learn about the steps in the accounting cycle. A short quiz follows.

Accounting vs Bookkeeping: Differences and Similarities

7. Accounting vs Bookkeeping: Differences and Similarities

The terms accounting and bookkeeping are common place in the business world. However, there's often confusion about the difference between these two terms. In this lesson, you'll learn the difference between accounting and bookkeeping.

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Other Chapters

Other chapters within the CEOE Business Education: Practice & Study Guide course

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