Accounting - COPE TTS
Organization
Descriptions and credit recommendations for all evaluated learning experiences
Varies (self-study; self-paced).
October 2022 - Present.
Upon successful completion of the course, students will be able to: define and describe the elements of accounting; understand the accounting equation and analyze how business transactions effect the equation; apply the rules of debit and credit as applied to asset, liability and owner’s equity accounts; analyze and record business transactions in accounts and prepare a trial balance; explain the matching principal and identify and the necessary adjusting entries for supplies used, expired insurance, depreciation and unpaid wages; journalize and post-closing entries; prepare a bank reconciliation; make adjusting entries for a merchandising business; prepare financial statements for a merchandise business; and compute ending inventory and cost of goods sold using four methods.
This course introduces students to the accounting cycle and the fundamental concepts and techniques of accounting for business transactions including business records, journals and ledgers, theory of debit and credit, analysis of business transactions, adjusting and closing entries, worksheets, preparation of financial statements, accounting for inventory, bank reconciliations, and bad debts.
In the associate/certificate degree category OR in the lower division baccalaureate/associate degree category, 3 semester hours in Principles of Accounting (3/23).
Varies (self-study; self-paced).
October 2022 - Present.
Upon successful completion of the course, students will be able to: list four characteristics of plant assets; calculate depreciation using straight-line, units-of-production and double-declining methods; distinguish between capital and revenue expenditure and prepare entries for each; account for the issuance of common and preferred stock; account for cash and stock dividends; identify and record employee deductions; analyze effect of changing interest rates on value of bonds; amortize bond premiums and discounts; prepare a statement of cash flows; and compute various categories of financial ratios.
This course covers the concepts and practices relating to Depreciation, Payroll Accounting, Statement of Cash Flows, Bonds, Time Value of Money, GAAP versus Tax Accounting, Choice of Entities, Corporate Accounting, and Financial Statement Analysis.
In the associate/certificate degree category OR in the lower division baccalaureate/associate degree category, 3 semester hours in Principles of Accounting (3/23).
Varies (self-study; self-paced).
October 2022 - Present.
Upon successful completion of the course, students will be able to: launch Quickbooks online and set up a new account; perform maintenance activities for Quickbooks general ledger; analyze and record a variety of transactions and adjustments in Quickbooks general ledger; produce a variety of reports in Quickbooks general ledger and explain the information contained in each; analyze and record a variety of transactions in Quickbooks accounts receivable; perform maintenance activities for Quickbooks accounts payable; analyze and record a variety of transactions in Quickbooks accounts payable; produce a variety of reports in Quickbooks accounts payable and explain the information contained in each; analyze and record a variety of transactions in Quickbooks payroll; and produce a variety of reports in Quickbooks payroll and explain the information contained in each.
This course covers accounting for entrepreneurs using QuickBooks Online. Topics include setting up a new company in QuickBooks Online, creating a chart of accounts, recording banking, customer and vendor transactions, using QBO inventory, tracking employee time, making adjusting entries, and generating reports.
In the associate/certificate degree category OR in the lower division baccalaureate/associate degree category, 3 semester hours in Accounting or Computerized Accounting (3/23).
Varies (self-study; self-paced).
October 2022 - Present.
Upon successful completion of the course, students will be able to: recognize how accounting is used to facilitate and align decisions made by owners, managers, and employees; recognize fundamental concepts of managerial accounting; identify problems associated with relying on financial accounting information for internal decision making; organize cost information according to the decision-making needs of the organization; apply different costing methods and recognize the influence of setting and decision characteristics on the relevance of costing systems; recognize use of accounting data in the areas of product costing, cost behavior, cost control, and operational and capital budgeting for management decisions; define operation and budgeting, and its role in planning, control and decision making; recognize the steps in preparing an operating budget and identify its major components and the interrelationships among its various components; and list methods of performance evaluation.
This course serves as an introduction to managerial accounting, starting with basics about cost concepts, budgeting, and performance analysis and moving on to fundamental concepts like costing methods, master budgets, budget variance analysis, capital budgeting, and financial statements analysis. This course helps students understand the fundamental concepts of managerial accounting and examines principles, techniques, and uses of accounting in the planning and control of business organizations from a management perspective.
In the associate/certificate degree category OR in the lower division baccalaureate/associate degree category, 4 semester hours in Managerial or Cost Accounting (3/23).
Varies (self-study; self-paced).
October 2022 - Present.
Upon successful completion of the course, students will be able to: describe the function and primary focus of financial accounting and explain the difference between cash and accrual accounting; understand routine economic events—transactions—and determine their effects on a company’s financial position and on specific accounts; analyze and record transactions using journal entries and describe the different types of adjusting journal entries; describe the four basic financial statements, identify and describe the various balance sheet asset classifications, and discuss the importance of income from continuing operations and describe its components; compute the future value and present value of a single amount as well as annuities; describe the accounting treatment of anticipated uncollectible accounts receivable; and describe the variables that influence a company’s investment in receivables and calculate the key ratios used by analysts to monitor that investment.
This course reviews accounting theory with an in-depth analysis of the balance sheet and income statement as each pertains to valuation and reporting practices. It places special emphasis on shareholder equity, issues related to income determination, and the preparation and analysis of all financial statements. The course includes detailed consideration of valuation of current assets, operational assets, intangibles, and cash flows. The concepts of future and present value and analytical review of financial statements are also covered.
In the lower division baccalaureate/associate degree category OR in the upper division baccalaureate degree category, 4 semester hours in Intermediate Accounting (3/23).
Varies (self-study; self-paced).
October 2022 - Present.
Upon successful completion of the course, students will be able to: describe in detail the purpose of accounting information systems and the links between business structure, processes, performance, and information systems; understand business processes and analyze information flows in an organization to develop conceptual models of organizational relationships; use software to implement conceptual models of information systems and demonstrate how that knowledge transfers to a variety of comparable systems and software packages; use software for data analysis and presentation; identify organizational risk and control issues, cyber security issues and requirements for monitoring and auditing AIS; and use and apply prevalent business-related technology in accounting contexts.
This course familiarizes students with the way systems are used to provide decision-relevant information and enables them to understand how systems are designed and implemented to meet organizational needs. In this context, accounting systems include all the tools and practices employed in enterprise accounting in the broadest sense. The content and objectives of this course are most applicable to those students heading for (non-technical) general accounting or related management careers in larger enterprises or with firms that audit and assist those firms.
In the associate/certificate degree category OR in the lower division baccalaureate/associate degree category, 4 semester hours in Accounting Information Systems (3/23).
Varies (self-study; self-paced).
October 2022 - Present.
Upon successful completion of the course, students will be able to: understand the seriousness of the fraud problem and how it affects individuals, consumers, and organizations; describe the nature of "financial statement fraud" and outline the framework for detecting financial statement fraud; describe the fraud triangle and explain why people and organizations commit fraud; discuss the different ways that organizations fight fraud; describe how to create a culture of honesty and how to eliminate opportunities for fraud; apply financial statement analysis techniques to demonstrate the existence of fraud and identify potential fraudsters; perform discovery sampling to obtain documentary evidence; discuss the fraud schemes relating to asset misappropriation; understand the importance of ethical principles, codes of conduct, and social responsibility in corporate governance; and analyze current fraud cases and provide a synopsis of the root cause along with the details of the case.
This course is designed to develop analytical skills that can be utilized by professionals responsible for the prevention, detection, and investigation of fraud. The course focuses on the fundamentals of fraud examination, including nature and types of fraud, prevention of fraud, and techniques to detect fraud in organizations.
In the upper division baccalaureate degree category, 3 semester hours in Fraud Accounting or Finance (3/23).
