Accounting
Elements of the Contest
The Accounting Contest is an hour-long contest consisting of 80 – 100 questions that focus on the elementary principles and practices of accounting for sole proprietorships, partnerships and corporations, and may include bookkeeping terminology, the worksheet with adjustments, income statement, balance sheet, trial balance, account classification, journalizing, posting, bank reconciliation, payroll and other items related to the basic accounting cycle.
Accounting Overview Video
Additional Information
Visit LaVerne Funderburk's Website for additional information on the UIL Accounting Contest.
State Contest Director
LaVerne Funderburk
laverne@funderburkcpa.com
Contest Rules
Section 920 of UIL Constitution and Contest Rules (C&CR).
Additional useful sections for this event include:
- Subchapter M (student eligibility)
- Section 902 (district meets)
- Section 903 (regional meets)