Catalog 2015-2016 
    
    Sep 21, 2018  
Catalog 2015-2016 [ARCHIVED CATALOG]

ACCT& 202 Principles of Accounting II

5 credits


The second course in the accounting transfer sequence. This course is an introduction to the fundamentals of accounting with application to sole proprietorship and corporate forms of business organization.

Prerequisites: ACCT& 201  or instructor permission.
Quarters Offered: Fall, Winter

Global Outcome(s)
This course teaches to the global outcome of Critical Thinking.

This course teaches to the global outcome of Teamwork.

Student Outcomes/Competencies:
Upon successful completion of this course students will be able to:

  • Describe the impact of basic investing and financing transactions on a business’s financial position
  • Employ double-entry bookkeeping to record and report on basic business investing and financing transactions in an accounting system
  • Construct a report of a business’s cash flows
  • Critically analyze a business’s financial position, cash flows, and operational results
  • Compute and evaluate financial ratios