Course

Course Summary
Credit Type:
Course
ACE Course Number:
SDCM-0078
Organization Course Number:
SDCM-0078
Organization:
Location:
Online
Length:
40 hours for 18 weeks
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 financial accounting
Description

Objective:

The course objective is to examine accounting principles, such as interpreting financial statements, balance sheets, and profit and loss statements.

Learning Outcomes:

  • analyze financial documentation
  • compare types of businesses such as partnerships, corporations, and others
  • Differentiate adjusted and closing trial balances and more
  • break down major accounting principles, such as the accounting cycle
  • compile balance sheets, income statements, and statements of cash flows
  • appraise corporate accounting practices
  • illustrate how businesses use rations to create financial forecasts
  • apply the accounting equation and evaluate return on equity
  • evaluate methods for calculating inventory

General Course Topics:

  • Business ownership types
  • Key accounting concepts
  • Journals and ledgers in accounting
  • Accounting equations and formulas
  • Financial statements, balance sheets and income statements
  • Analyzing financial statements
  • Financial statement ratios
  • Accounting for inventory
  • Accounting for depreciation
  • Accounting for compensation, taxes and liabilities
  • Adjustments and closing entries
  • Corporate accounting
  • Departmentalized accounting
  • Taxation for corporations
  • Business and financial forecasting
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials

Methods of Assessment:

  • Examinations
  • Quizzes
  • Written Papers

Minimum Passing Score:

70%
Supplemental Materials