1.
| Apply transaction analysis, input transactions into the accounting system,
process this input, and prepare and interpret the three basic financial statements
of a sole proprietorship organization engaged in service and/or merchandising
operations.
|
2.
| Explain the content, form, and purpose of the basic financial statements
(including footnotes) and how they satisfy the information needs of investors,
creditors, and other users.
|
ACCTG 011 – Accounting Fundamentals, Managerial
|
1.
| Apply understanding of cost behavior to prepare the numerical analyses required
by managers in performing their planning, directing and motivating, and control
functions.
|
2.
| Interpret and analyze the contents of the annual report of a publicly held
corporation engaged in merchandising or manufacturing operations by applying
financial analysis tools including horizontal, vertical, and ratio analyses.
|
ACCTG 050 – Accounting for Small Business
|
1.
| Perform and complete the steps in the accounting cycle for a service
organization. The measurement tool is the comprehensive problem where the
students take a business entity and do the entire accounting process for a time
period.
|
Source: West Valley College
