Corporate Simulation I

Objectives:
•Provide the basic instruments for analysis and simulation business management with an empirical and
“learning-by-doing” approach.
•Introduce students to an Enterprise Resource Planning with one of the most widely used software platforms.
•To develop leadership and team skills;
•Provide the students with useful software tools essentials to business simulating environment during the
second half of third grade.
At the end of the semester, students should be able to:
•To know how starting a business, that involves planning, making key financial decisions.
•To be familiar with the source documents that provide us with the necessary information for recording our
transactions;
•To know how business transactions are properly analyzed, recorded, and summarized
•To use an Enterprise Resource Planning;
•To make adjusting entries and close entries;
•To prepare the financial statements;
•To interpret and analyze the financial statements

1. OBJECTIVES OF BUSINESS SIMULATION
2. INTRODUCTION OF THE COMPUTER PROGRAM
3. STARTING UP A BUSINESS
4. SIMULATION OF SITUATIONS THAT WILL ALLOW THE REGISTRATION OF OPERATIONS AND
COMPLIANCE WITH LEGAL OBLIGATIONS OVER THE MONTHS OF NOVEMBER AND DECEMBER 2011.
5. PREPARE THE FINANCIAL STATEMENTS

NAO