Catalog Course Search Details

 Department:    ACCT&

 Course #:    202

 Credits:    5

 Variable:     No

 IUs:    5

 CIP:    520301

 EPC:    n/a

 REV:    2019

 Course Description  

Continuation of ACCT& 201. Business organizations, financing, cash flow analysis and financial statement analysis are presented. Required for business majors transferring to 4 year business programs.

 Prerequisite  

Prerequisite: Completed ACCT& 201 with a grade of 2.0 or higher, or instructor permission.

Contact Hours (based on 11 week quarter)

Lecture: 55

Lab: 0

Other: 0

Systems: 0

Clinical: 0

Intent: Distribution Requirement(s) Status:  

Academic Required for ATA degree, Elective  

Equivalencies At Other Institutions

Learning Outcomes

After completing this course, the student will be able to:

1. Analyze and record financial transactions for partnerships
2. Prepare financial statements for partnerships
3. Analyze and record financial transactions for corporations
4. Prepare financial statements for corporations
5. Prepare statements of cash flows
6. Analyze financial statements
7. Analyze international company cases

General Education Learning Values & Outcomes

Revised August 2008 and affects outlines for 2008 year 1 and later.

Course Contents

1. Accounting concepts and principals
2. Plant assets and intangible assests
3. Payroll, notes payable and other current liabilities
4. Partnership formation, income division and liquidation
5. Corporations: Organization and equity rights
6. Stockholders' equity, earnings and dividends
7. Long-term liabilities and investments in bonds
8. Investments in stocks; consolidated statements; International operations
9. Statement of cash flows
10. Financial statement analysis and annual reports
11. Decision-making cases
12. Interpretation cases from business
13. Ethics cases
14. International company cases