Catalog 2020-2021 
    Jul 15, 2024  
Catalog 2020-2021 [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 ACCT 111  

Course Outcomes
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 

Program Outcomes
This course teaches to the following program outcome:

  • apply manual methods and software tools to prepare accounting statements and reports

Global Outcomes
This course teaches to the global outcome of critical thinking.

Total Hours: 50 Theory (Lecture) Hours: 50