Course

Course Summary
Credit Type:
Course
ACE ID:
ACPE-0087
Organization:
Alternative Credit Project Ecosystem
Location:
Online
Length:
This is a self-paced online course that is completed over 16 weeks (112 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Accounting
Description

Objective:

The course objective is to continue from Accounting I; and review corporate accounting and financial statements, long-term liabilities, cash flow and financial statement analysis, managerial accounting, budgeting, and using financial data to make business decisions.

Learning Outcomes:

  • Demonstrate the ability to prepare and understand financial statements, including the statement of cash flows
  • Analyze financial statements using various ratios and tools
  • Describe long-term liabilities
  • Examine concepts related to managerial accounting
  • Prepare and analyze various types of budgets
  • Define terms related to business accounting, US GAAP, and IFRS
  • Apply a working knowledge of accounting concepts and principles
  • Examine how managers use financial information to guide important decisions
  • Apply concepts related to managerial accounting for decision making and reporting

General Topics:

  • Financial operations of corporations
  • Earnings and stocks
  • Long-term liabilities
  • Investments and cash flow
  • Financial statements analysis
  • Management accounting
  • Job costing
  • Process costing
  • Cost-volume-profit analysis
  • Budgeting
  • Flexible budgets and standard costs
  • Cost systems
  • Business decisions
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Learner Presentations

Methods of Assessment:

  • Examinations
  • Quizzes

Minimum Passing Score:

70%
Supplemental Materials