Course

Course Summary
Credit Type:
Course
ACE ID:
ACPE-0133
Organization's ID:
ACC102
Organization:
Alternative Credit Project Ecosystem
Location:
Online
Length:
This is a self-paced online course that is completed over 135 hours
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Accounting
Description

Objective:

The course objective is to differentiate between operating, investing, and financing activities; describe how managerial accounting supports planning, directing, and controlling activities within an organization; recall the critical assumptions of cost-volume-profit analysis and how stocks and bonds are used; and identify how to calculate factory overhead volume and controllable variances and their implications in assessing overhead spending and efficiency; and recognize how to make proper long-term investment decisions.

Learning Outcomes:

  • Recall the process of accounting for preferred stock
  • Identify the activities which link to cost objects at many levels
  • Define mixed costs
  • Identify the expectations of setting a budget
  • Identify what is required to achieve results to planned or predetermined standards in a business
  • Identify types of business feedback
  • Identify the responsibility concepts surrounding the role of the manager
  • Recall the steps in cash flow management
  • Identify the common models you can use to calculate cash paid for inventory
  • Identify types of capital stock
  • Define annuity
  • Define bonds payable
  • Define the types of designations for accountants
  • Identify the varying roles of management accounting
  • Identify the logical point for determining the amount of direct labor that is attributable to a specific job
  • Define the purpose of the ABC model
  • Recall the benefits of technology in budgeting
  • Define standards

General Topics:

  • The statement of cash flows
  • Issues in accounting for corporate debt and equity
  • Introduction to managerial accounting
  • Costing methods
  • Cost-volume-profit analysis
  • Budgeting
  • Standard costs and variances
  • Responsibility concepts and sound decision-making analytics
Instruction & Assessment

Instructional Strategies:

  • Computer Based Training

Methods of Assessment:

  • Examinations

Minimum Passing Score:

70%
Supplemental Materials