The business education department offers 7 separate semester long courses. Each course is listed below with a brief overview of the key units and the approximate time devoted to each major unit during the semester. See the academic handbook for more information on each of the course offerings. Students or parents who have questions are encouraged to speak with Mr. Lippe at 963-3980 ext. 3980 or contact him by email at glipp.hs.wfb@wfb@wfbschools.com. 

Accounting 1 
This is the initial foundation course and introduction to accounting. The class covers most of the accounting cycle for a service business organized as a sole proprietorship for 8 weeks and then reviews the same cycle for a merchandising business organized as a corporation. Some of the major concepts include:

• Basic bookkeeping and cash control systems    
  (3 weeks)
• Journals, adjusting and closing entries 
  (3 weeks)
• Preparation of an income statement and balance sheet 
  (2 weeks)
• Use of an automated accounting system 
  (4 weeks Ongoing)
• Use of special journals and subsidiary ledgers 
  (2 weeks)
• Payroll records, taxes and reports 
  (2 weeks)
• Financial analysis and review      
  (2 weeks)

• Dividends, inventory, and depreciable assets    
  (3 weeks)
• Preparation and review of income, balance sheet and stockholder's equity statement 
  (3 weeks)
• Adjusting, closing and post-closing processes 
  (2 weeks)
• Uncollectible accounts, plant assets, depreciation inventory, notes and interest  
  (4 weeks)
• Accrued revenues and accrued expenses 
  (2 weeks)
• End of fiscal period work in a corporation   
  (2 weeks)
• Financial analysis and review
  (2 weeks)

Business Law 
This semester long foundation course introduces the student to Business Law as a powerful, critical and fascinating subject essential to most professionals in and out of the legal profession. The class uses a case study approach to focus on the following concepts presented during the semester:

• Introduction to contemporary law for businesses 
  (3 weeks)
• Business organizational forms 
  (2 weeks)
• Contracts including agreement, consideration, consent, sale of goods, performance and remedies 
  (6 weeks)
• Commercial transactions, ownership, warranties and liabilities 
  (3 weeks)
• Agency and employment law    
  (3 weeks)
• General review of key concepts/guiding principles 
  (1 week)

Keyboarding 
Students master the touch-key method of keyboarding, striving to achieve at least 40 net words per minute in standard text typing. The semester course depends heavily on a computer program called Microtype ® that tracks individual progress and tailors individual lessons to help the student achieve success. The general breakdown of the semester long course includes: 

• Learning basic posture, technique and program skills 
  (1 week)
• Entering all non-numeric keys with speed emphasis       
  (4 week)
• Applying basic format, grammar and spellchecking       
  (1 week)
• Keying words and phrases with emphasis on speed      
  (4 weeks)
• Applying formats for business memo and business letter 
  (1 week)
• General typing with emphasis on accuracy and speed 
  (4 weeks)
• Applying formats for general reports in school 
  (1 week)

Marketing
Students investigate the major functions of marketing during a semester long class. The class focuses on the U.S. market and helps the student to understand their role as a consumer and the influences they face. Key concepts and units include:

• Marketing in the U.S. and the world market 
  (3 weeks)
• Promotion concepts 
  (3 weeks)
• Channels and means of distribution 
  (2 weeks)
• Pricing and business mathematics 
  (2 weeks)
• Product and service management 
  (2 weeks)
• Market research and market information system 
  (2 weeks)
• Personal selling 
  (3 weeks)
• General review of concepts and principles   
  (1 week)

• Planning personal finances  
  (4 weeks)
• Banking and credit 
  (3 weeks)
• Investing financial resources  
  (5 weeks)
• Taxes and insurance 
  (3 weeks)
• Retirement and estate planning 
  (2 weeks)
• General concept review 
  (1 week)

• Marketplace analysis
• Finance
• Ethics
• Leadership
• Global Competency
• Business written and oral communication
• Business Plans