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National College Credit Recommendation Service
Corporate College Services, Inc. | Evaluated Learning Experience
Accounting II (ACC 202)
Connecticut, Delaware, Minnesota, New Jersey, New York, Pennsylvania, and other approved locations throughout the United States.
Instructional delivery format:
Traditional classroom model
Upon successful completion of the course, students will be able to: assess the effects of GAAP (Generally Accepted Accounting Principles) on business practices; present budgets and assess compliance; allocate costs and assess project outcomes; evaluate cost accounting methods; and apply accounting practices and principles to managerial decision-making.
Major topics include: statement of cash flows; investments in bonds; financial statement analysis; job order cost system; process cost system; cost behavior and cost-volume-profit analysis; profit reporting for management analysis; budgeting; evaluation using variances from standard costs; cost allocating and activity-based costing; differential analysis and product pricing; and capital investment analysis. Prerequisite: Accounting I (ACC 201) or equivalent.
In the lower division baccalaureate/associate degree category, 3 semester hours in Financial Accounting (6/10) (12/15 revalidation). NOTE: The educational approach in this course is based on the principles of accelerated learning and adult learning theory. Based on this, and due to the limited class size and the low student/teacher ratio, learning outcomes are achieved and content is covered in the allotted hours.