Indiana Accounting Standards Alignment
Indiana Accounting Standards Alignment
Accounting is one of the most common Business classes offered at the high school level in Indiana. There are two sets of standards published (Accounting I and Accounting II). Accounting II covers much of the same subject matter, but at a much deeper level. The alignment below is specific to Accounting I, but many of the activities are applicable to both levels.
Activity Type Key
- Articles:
- Videos:
- Interactive Calculators:
- Comprehensive Tools:
- Includes built-in assessment:
| Standard | Activity | Activity Type |
|---|---|---|
| The Accounting Cycle | Understanding the role of accountants in business and society | |
| GAAP – Financial Reporting and Terms | ||
| GAAP – Liability Accounting | ||
| GAAP – Accounting Revenue and Expenses | ||
| What is an Income Statement? | ||
| What are Financial Records? | ||
| The Accounting Cycle | ||
| GAAP – Asset Accounting | ||
| GAAP – Accounting for Equity | ||
| GAAP – Accounting Gains and Losses | ||
| What is a Balance Sheet? | ||
| Creating Financial Statements | ||
| Forms of Business Ownership | ||
| Types of Companies | ||
| Accounting Principles | GAAP – Asset Accounting | |
| Cash Flow | ||
| Cash Planning | ||
| GAAP – Accounting Revenue and Expenses | ||
| Cost Accounting | ||
| GAAP – Liability Accounting | ||
| Issuing stock and dividends | ||
| Forms of Business Ownership | ||
| Corporate Debt | ||
| Creating Financial Statements | ||
| Financial Statements | Creating Financial Statements | |
| Financial Analysis through key ratios | ||
| Business Ethics Overview | ||
| Cash Flow Statement | ||
| Specialized Applications | Types of Companies | |
| Issuing stock and dividends | ||
| Payroll Best Practices | ||
| Forms of Business Ownership |