Course

Course Summary
Credit Type:
Course
ACE ID:
SDCM-0078
Organization's ID:
Accounting 302
Organization:
Study.com, LLC
Location:
Online
Length:
40 hours for 18 weeks
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 Financial Accounting and Analysis
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 ratios to create financial forecasts

General Topics:

  • Business Ownership Types
  • Key Accounting Concepts
  • Journals & Ledgers in Accounting
  • Accounting Equations & Formulas
  • Financial Statements, Balance Sheets & Income Statements
  • Analyzing Financial Statements
  • Financial Statement Ratios
  • Accounting for Inventory
  • Accounting for Depreciation
  • Accounting for Compensation, Taxes & Liabilities
  • Adjustments & Closing Entries
  • Corporate Accounting
  • Departmentalized Accounting
  • Taxation for Corporations
  • Business & Financial Forecasting
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials

Methods of Assessment:

  • Examinations
  • Quizzes
  • Written Papers

Minimum Passing Score:

70%
Supplemental Materials