ACCT 2203 - Accounting Practicum

Description
This capstone course emphasizes the application of Generally Accepted Accounting Principles and practices to processing a variety of accounting transactions and reports in both manual and computerized formats. Students will complete practice sets covering a complete accounting cycle for a merchandising business, in both manual and computerized formats. Study of accounting information systems and preparation for a national certification exam will be included.

Pre-Requisite
Completion of ACCT 2013 with a grade greater than or equal to B, and completion of ACCT 2023 and ACCT 2043 with a grade greater than or equal to C.

3 Credit Hour(s)

Contact Hours
45 lecture/lab contact hours

3 Faculty Load Hour(s)

Semesters Offered
Spring

ACTS Equivalent
N/A

Learning Outcomes
Students completing this course will:

Design and set up an accounting information system, both manually and electronically.
Analyze business transactions and demonstrate procedures for recording accounting transactions, both manually and electronically.
Create professional accounting statements and reports, both manually and electronically.
Analyze accounting statements and reports.
Use basic math, algebra, and reasoning skills to complete assignments.
Apply and assess for national certification.

General Education Outcomes Supported
n/a

Standard Practices
Topics list:

Processing a complete accounting cycle manually.
Processing a complete accounting cycle in a current computerized accounting software.
Financial Statement Analysis
Accounting information systems
Special Topics for bookkeepers
National certification exam preparation

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, projects, individual assignments, and quizzes.

Grading guidelines

A-90-100%
B-80-89%
C-70-79%
D-60-69%
F-Below 60%