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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

Accounting/Finance - Davar Academy

Descriptions and credit recommendations for all evaluated learning experiences

Length:

Varies (self-study, self-paced). 

Dates:

November 2016 - Present. 

Objectives:

Upon successful completion of this learning experience, students will be able to: describe the role of the managerial accountant within an organization; categorize costs according to behavior and function and describe and calculate different costing methods; prepare financial budgets; apply managerial accounting techniques for decision-making; compute the time value of money; distinguish the nature of management accounting with financial accounting and its impact on global business; explain the cost, profit, and volume analysis and responsibility accounting; prepare operational and capital budgets; and explain the standard cost systems and the variance analysis.

Instruction:

Instruction focuses on the fundamentals of managerial accounting, with an emphasis on accounting for manufacturing concerns, budgeting, planning, management decision-making, and analysis of financial reports. Topics also include: cost behavior and control, product cost accumulation and pricing, and responsibility accounting. The course of study necessary for students to prepare for the proficiency exam include lessons based on chapter readings, review questions, and quizzes. 

Credit recommendation:

In the upper division baccalaureate degree category, 3 semester hours in Accounting, Business, Economics, Finance, Human Resource Management, Management, or Marketing (11/16) (3/22 revalidation).

Length:

Varies (self-study, self-paced).

Dates:

November 2016 - Present.

Objectives:

Upon successful completion of this learning experience, students will be able to: discuss a strategic management process; apply the strategic management process and integrate knowledge from previous coursework; explain how to function as a member of an effective management team and demonstrate interpersonal skills and appreciation for diversity of team members; perform an environmental analysis; analyze and evaluate a company’s resources and competitive position; evaluate and name a company’s core sustained competitive advantage approach; identify the role of leadership in your organization and how it relates to strategic efforts; formulate strategic plans to improve your organization; and explain the various methods for evaluation and controlling strategy implementation.

Instruction:

Instruction provides a cohesive map for strategic management and is designed to integrate the accepted theories in the area with real world applications to provide students with the basic knowledge and skills needed for strategic management. Lecture and class assignments are intended to help students understand the needs of modern public and private organizations, including emerging national and international trends.  The course of study necessary to be prepared for the proctored proficiency examination consists of lessons based on the readings from the textbook.  Students are encouraged to answer all the review questions and quizzes for each lesson.

Credit recommendation:

In the upper division baccalaureate degree category, 3 semester hours in Business or Management (11/16) (3/22 revalidation).

Length:

Varies (self-study self-paced).

Dates:

November 2016 - Present.

Objectives:

Upon successful completion of this learning experience, students will be able to: discern the financial implication of financial statements; interpret the relevant valuation techniques; explain how a cash flow analysis works; discern corporate finance in the domestic and international environment; apply advanced methods of integrated financial management; calculate the expected rate of return and volatility for a portfolio and the effect of diversification on the portfolio; analyze the impact of financial distress, managerial incentives, debt and taxes, and dividend policy on shareholders’ wealth maximization; and evaluate risk, return, and capital structure for valuation purpose under the market imperfections.

Instruction:

Instruction focuses on the financial management of both publicly held and private corporations.  Students are presented with a conceptual framework for understanding and addressing problems commonly faced by corporate decision makers and are provided opportunities to apply these concepts to contemporary business situations. Topics include: the time value of money, the relationship between risk and return including the capital asset pricing model, the valuation and role of debt and equity, capital budgeting/project evaluation techniques, cost of capital, cash flow estimation, project risk analysis, real options, company valuation, and capital structure decisions. The course of study necessary to be prepared for the proctored proficiency examination consists of lessons based on the textbook readings. Students are encouraged to answer all the review questions and quizzes for each chapter.

Credit recommendation:

In the upper division baccalaureate degree category, 3 semester hours in Accounting, Business, Economics, Finance, Human Resource Management, Management, or Marketing (11/16) (03/22 revalidation).

Length:

Varies (self-study, self-paced).

Dates:

November 2016 - Present. 

Objectives:

Upon successful completion of this learning experience, students will be able to: identify users of financial accounting information; interpret the components of a transaction, the related debit/credit theory, and how the general journal and ledger relate to the accounting process and to financial statements; prepare and interpret basic financial statements: income statement, statement of owners’ equity balance sheet; demonstrate the steps and related transactions in the accounting cycle, including the adjusting process and the closing process; prepare the accounting and related transactions for merchandising businesses, various inventory accounting methods, purchase and depreciation/amortization of plant assets and intangible assets, long-term liabilities and stockholders’ equity accounts.

Instruction:

Instruction focuses on an introduction to financial accounting and covers the accounting cycle, merchandising concerns, and financial assets as well plant assets, liabilities and stockholders’ equity. Topics include: recording business transactions, summarizing these transactions, and preparing, interpreting and using financial statements.  The course of study that is necessary to be prepared for the proctored proficiency examination consists of lessons based on the readings from the textbook.  Students are encouraged to answer all the review questions and quizzes for each chapter.

Credit recommendation:

In the upper division baccalaureate degree category, 3 semester hours in Accounting, Business, Economics, Finance, Human Resource Management, Management, or Marketing (11/16) (03/22 revalidation).

Length:

Varies (self-study, self-paced).

Dates:

November 2016 - Present. 

Objectives:

Upon successful completion of this learning experience, students will be able to: describe theories underneath the term structure of interest rates; understand the efficient market hypothesis related to stock pricing; understand a stylized bank’s balance sheet and learn about how risks are managed in banks; assess facts relating to the insurance business, mutual funds and investment banks; grasp the basic features of options and futures and understand how financial institutions use them for risk management; explain the main functions of the Fed and tools used to affect the economy; describe how currency value is determined in the short run and long run; and describe exchange rate system history, and the central bank intervention in the currency market, both unsterilized and sterilized.

Instruction:

Instruction focuses on the role of financial institutions and markets play in the business environment. Topics include: applications of principles from finance and economics that explore the connection between financial markets, financial Institutions and the economy,  term structure of interest rates, stocks, principals of derivatives and currencies, commercial banks, investment banks, insurance companies, mutual funds, the Federal Reserve System and its role of in the economy. The course of study necessary to be prepared for the proctored proficiency examination consists of lessons based on the textbook readings. Students are encouraged to answer all the review questions and quizzes for each chapter.

Credit recommendation:

In the upper division baccalaureate degree category, 3 semester hours in Accounting, Business, Economics, Finance, Human Resource Management, Management, or Marketing (11/16) (3/22 revalidation).

Length:

Varies (self-study, self-paced).

Dates:

November 2016 - Present.

Objectives:

Upon successful completion of this learning experience, students will be able to: explain the link between household, business, and government resources; describe the fundamental principles of scarcity, market operation, price elasticity, gross domestic product (GDP), and foreign exchange; analyze the effects of trade on productivity and economic growth; differentiate between the different types of unemployment and inflation and how they may produce changes in the business cycle; compare classical and Keynesian economics as they relate to aggregate supply and demand; and deduce macroeconomics from an international perspective of balance of payments and exchange rates.

Instruction:

Instruction provides an overview of the principles of macroeconomics and focuses on the economy as a whole, including the meaning and measurement of the gross domestic product.  Major topics include:  effects of government expenditure and taxation, causes of inflation and unemployment, government deficit and debt, and international trade and the balance of trade, subjects such as the interaction of economic variables, the effects of borrowing by the federal government, changes over time in unemployment rates, and government policies to create and sustain economic growth, and an extensive look at macroeconomics from an international perspective including balance of payments and exchange rates. The course of study necessary to be prepared for the proctored proficiency examination consists of lessons based on the readings from the textbook.  Students are encouraged to answer all the review questions and quizzes for each chapter.

Credit recommendation:

In the upper division baccalaureate degree category, 3 semester hours in Accounting, Business, Economics, Finance, Human Resource Management, Macroeconomics, Management, Marketing or Principles of Macroeconomics (11/16) (3/22 revalidation).

Length:

Varies (self-study, self-paced).

Dates:

November 2016 - Present. 

Objectives:

Upon successful completion of this learning experience, students will be able to: analyze consumer behavior; analyze different types of market structures (monopoly, oligopoly and a competitive market); apply economic principles to a range of policy questions; compare the differences between private, common, and public goods and their significance to the economy; contrast different market structures and the effects of the various costs of production; analyze the roles of opportunity cost in the decision-making process of individuals and firms; relate marginal utility, total utility, and diminishing utility; and critique the role of taxation and government intervention on the effects of supply, demand, and economic growth.

Instruction:

Instruction provides an overview the principles of microeconomics. Major topics include: the interaction of households and firms in specific markets, market efficiency, the tax system, the behavior of firms in the marketplace, and labor markets. The course of study necessary to be prepared for the proctored proficiency examination consists of lessons based on the readings from the textbook.  Students are encouraged to answer all the review questions and quizzes for each chapter.

Credit recommendation:

In the upper division baccalaureate degree category, 3 semester hours in Accounting, Business, Economics, Finance, Human Resource Management, Management,  Marketing, Microeconomics, Principles of Microeconomics (11/16) (3/22 revalidation).

Length:

Varies (self-study, self-paced).

Dates:

November 2016 - Present.

Objectives:

Upon successful completion of this learning experience, students will be able to: explain global capital markets and exchange rates; analyze spot and derivative (forwards, futures, options and swaps) transactions in the foreign exchange market and fundamental parity conditions; identify how firms can be exposed to exchange rate risk and compare and contrast the options for hedging this risk; apply the principles of capital issuance and capital budgeting of financial decisions to an international context; and apply the above concepts to the decisions faced by any financial manager.

Instruction:

Instruction provides an overview of the international financial environment within which multinational firms and financial institutions operate. Major topics include: analysis of the challenges firms face and the international financial management strategies to cope with these challenges, transactions in the foreign exchange market; exchange rate risk and hedging strategies; and related issues such as raising capital abroad, cost of capital for international projects and international capital budgeting. The course of study that is necessary to be prepared for the proctored proficiency examination consists of lessons based on the readings from the textbook. Students are encouraged to answer all the review questions and quizzes for each chapter.

Credit recommendation:

In the upper division baccalaureate degree category, 3 semester hours in Accounting, Business, Economics, Finance, Human Resource Management, Management, or Marketing (11/16) (3/22 revalidation).

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