Course

Course Summary
Credit Type:
Course
ACE ID:
SDCM-0078
Organization's ID:
Accounting 302
Organization:
Study.com, LLC
Location:
Classroom-based
Length:
Self-paced, 24 weeks (48 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 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:

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

General 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