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National College Credit Recommendation Service
Maalot Educational Network | Evaluated Learning Experience
Principles of Accounting II (ACC102)
Versions 1 and 2: 39 hours (13 weeks).
Maalot, Jerusalem, and other authorized locations.
Version 1: September 2009 - March 2016. Version 2: April 2016 - Present.
Instructional delivery format:
Traditional classroom model
Upon successful completion of the couse, students will be able to: identify and discuss the basic complexities in the asset, liability accounts; the capital structure of the business entity (debts versus equity) and its implications, the pervasiveness of Generally Accepted Accounting Principles (GAAP) and the changes that have occurred in the expectation of report users and the reaction of the accounting community; conduct a basic financial analysis of statements; prepare a cash flow statement; and recognize fundamental cost accounting issues.
Versions 1 and 2: Major topics include: payroll accounting, GAAP, nature of a partnership, corporation, capital structure, nature of bonds, accrual versus cash, analysis of financial statements, managerial and cost accounting. Methods of instruction include lecture and discussion.
Version 1: In the lower division baccalaureate/associate degree category, 3 semester hours in Accounting or Business (2/11). Version 2: In the lower division baccalaureate/associate degree category, 4 semester hours in Accounting or Business (4/16 revalidation).