ACCT 2023 - Principles of Accounting II

• Use advanced accounting vocabulary.
• Prepare corporate financial statements.
• Prepare and analyze managerial and special cost accounting reports.
• Differentiate between the different cost accounting systems used in manufacturing companies.
• Analyze and record business transactions for cost accounting systems.
• Compute standard ratios and use those ratios in financial analysis.
• Prepare budgets and corresponding performance reports. Use college math, algebra and reasoning skills to solve managerial accounting problems that build greater understanding of cost accounting systems.
• Describe the impact various accounting controls have on the business.

• Students gain greater awareness of cultural perspectives.
• Students can write clear, coherent, well-organized documents, which are substantially free of errors.
• Students can achieve mathematical literacy.
• Students will demonstrate technological fluency

• Statement of Cash Flows
• Financial Statement Analysis
• Management Accounting
• Cost Accounting
• Budgets and Budget Variance Analysis
• Short-Term Business Decisions
• Responsibility Accounting

Learning activities

• Homework
• Projects
• Quizzes
• Exams
• This course requires additional work that may need to be completed out of class or in a virtual or on-campus lab.

Assessments

Exams including vocabulary and problem solving, accounting worksheets, homework assignments, and quizzes.

Grading guidelines

A = 90-100
B = 80-89
C = 70-79
D = 60-69
F = 59 and below