Overview |
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This course will continue to build upon the skills you have learned in Principles of Accounting I. It will explore the more complex areas of stockholder’s equity, accounting for Bonds, financial statement analysis, and introduce the area known as managerial accounting. The skills you learn from this course will serve as the foundation for numerous accounting and business courses that will follow. The accounting profession and those working in the business environment use the terms and accounting principles introduced in this course. You will be required to solve problems both manually and with the use of a microcomputer.
Prerequisite: ACC 211
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Objectives |
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If you do well in this course, you will be able to:
- Understand the methodologies used in accounting for the organization of a corporation.
- Record stock dividends and cash dividends and distinguish between the two.
- Understand the basic accounting for the issuance of corporate bonds.
- Prepare basic financial statement analysis.
- Allocate joint costs among user departments.
- Understand the principles of cost-volume-profit analysis.
- Understand the basics of master and flexible budgets.
- Apply and understand accounting theory and techniques in order to pursue further study in accounting or to improve one's ability to manage personal finances.
- Use a computerized accounting software to record transactions and prepare financial statements.
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Materials |
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Grading |
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Your course grade will be determined by the unit assignments and 4 exams, according to the following points:
Assignment |
Percentage of Grade |
5 Unit Assignments |
60% |
4 Exams |
40% |
Grading Scale |
A |
90-100% |
B |
80-89% |
C |
70-79% |
D |
60-69% |
F |
Less than 60% |
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Exams |
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There are 4 exams in this course.
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ELI Policies and Procedures |
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Contacting the Instructor |
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We are here to help you succeed in this course. Occasionally questions or problems may arise. Here is how to contact us when they do:
E-mail :jgale@nvcc.edu,
Telephone : (703) 845-6537
Email: raycook@nvcc.edu
You may also call us to schedule a meeting in person, either at ELI or my campus office.
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Beginning the Course |
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Last Updated:
12/10/2009
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