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Course Description

Accounting - ACCT 202

Principles of Accounting 2 (4-0) 4 Cr. Hrs.

Course Description

This course is a continuation of Accounting 201 expanding your exposure to accounting principles, financial statements, methods and applications. In this course you will focus on accounting for corporations, stockholder’s equity, liabilities and investments. You will prepare the statement of cash flows. You will analyze and interpret financial statements and other accounting information used in making decisions. You will also explore managerial accounting and its applications in planning and controlling costs. This course will integrate a Web-based learning system which requires the use of a computer to complete some of the learning activities and assessments. This course MAY also include the use of Excel.

Prerequisites

(A requirement that must be completed before taking this course.)

Course Competencies

Upon successful completion of the course, the student should be able to:

  • Apply current accounting principles to stockholder's equity.
  • Apply current accounting principles to investments.
  • Apply current accounting principles to long term liabilities.
  • Prepare financial statements for a corporation.
  • Prepare cash flows from operating activities using the indirect method.
  • Evaluate the financial performance of a business.
  • Apply basic management accounting methods to a manufacturing or services business.
  • Apply proper accounting concepts to facilitate decision making.
  • Explain the importance of ethics in accounting.
  • Prepare a cost of goods manufactured report.
  • Prepare process costing production reports.
  • Analyze cost behaviors.
  • Determine the breakeven point in units and sales dollars.
  • Prepare budgets.

Course Schedule

 CourseSectionCourse TitleModeCredit HoursInstructorsFeeSeats Available ⁄Capacity ⁄WaitlistStatusDays-Time-Room

Fall; 2017; ACCOUNTING; No of Weeks : 12; Begins : 9/19/2017

 202142760Principles ACCT 2Online4Mellnick G$12.0012/31/0Open 

Fall; 2017; ACCOUNTING; No of Weeks : 15; Begins : 8/28/2017

 202142368Principles ACCT 2Online4Mellnick G$12.003/31/0Open 
 202142507Principles ACCT 2 4Christmas C$12.0020/30/0OpenT R  10:00 AM-11:54 AM AS920
 202142511Principles ACCT 2 4Brewer J$12.000/30/0ClosedM W  12:00 PM-01:54 PM AS720
 202142512Principles ACCT 2 4Sadowski M$12.002/30/0OpenM W  10:00 AM-11:54 AM BTC370
 202142559Principles ACCT 2 4Ware J$12.0011/30/0OpenT R  06:00 PM-07:54 PM AS820
 202246052Principles ACCT 2 4Ware J$12.0025/31/0OpenM W  06:00 PM-07:54 PM RC690

Spring; 2017; ACCOUNTING; No of Weeks : 12; Begins : 5/8/2017

 202122368Principles ACCT 2Online4Randall M$12.005/31/0Open 
 202122381Principles ACCT 2Online4Hill M$12.005/31/0Open 
 202122502Principles ACCT 2 4Brewer J$12.0012/30/0OpenT R  09:00 AM-11:26 AM AS720
 202122551Principles ACCT 2 4Sadowski M$12.005/30/0OpenM W  06:00 PM-08:26 PM AS720