Course

Course Summary
Credit Type:
Course
ACE ID:
EDFC-0039
Organization's ID:
ACC 101
Organization:
Location:
Classroom-based
Length:
16 weeks (135 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Accounting
Description

Objective:

The course objective is to provide a comprehensive overview of the accounting field, while providing the skills necessary to understand accounting systems, processes, and frameworks.

Learning Outcomes:

  • Identify the conceptual underpinnings of accounting
  • Recognize the classification framework and typical examples of current assets and liabilities
  • Identify trends in profitability through examining margins and rates of returns
  • Recall the features, tools and methods used to enhance and improve accounting systems and processes
  • Define the basics of income measurement and the accounting cycle

General Topics:

  • Introduction to accounting
  • Cost estimation and cost - the accounting system
  • Income measurement and the accounting cycle
  • Cash, receivables, and controls
  • Inventory
  • Plant assets
  • Current liabilities
  • Corporate and partnership equity
  • Analysis
Instruction & Assessment

Instructional Strategies:

  • Computer Based Training

Methods of Assessment:

  • Examinations

Minimum Passing Score:

70%
Supplemental Materials