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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

Consortium for International Studies | Evaluated Learning Experience

Accounting II BUS 211


Varies; self-study. 

Various; distance learning format.

September 2018 - Present. 

Instructional delivery format: 
Hybrid course/exam
Learner Outcomes: 

Upon successful completion of this course, students will be able to: describe and illustrate the characteristics of stock, classes of stock, and entries for issuing stock; describe and illustrate the reporting of long-term liabilities, including bonds and installment notes payable; describe and illustrate the use of free cash flow in evaluating a company’s cash flow; define and illustrate the following costs: direct and indirect costs; direct materials, direct labor, and factory overhead costs, and product and period costs; and describe the basic elements of the budget process, the two major types of budgeting, and the use of computers in budgeting.


Accounting II is a self-study course comprised of 15 weekly lessons and comprehensive exams. The course continues the study of accounting topics following completion of Accounting I. Prerequisite: Accounting I.

Credit recommendation: 

In the lower division baccalaureate/associate degree category, 3 semester hours in Accounting, Principles of Accounting, or Managerial Accounting (8/18) (9/23 revalidation).