CCCOnline LogoCourse Snapshot for ACC122 - Accounting Principles II

The information listed below is subject to change. Please review the course syllabus within your online course at the start of class.

Course Competencies and Outcomes

Student Competencies:

The competencies you will demonstrate in this course are as follows:

  1. Describe the organizational structure of a corporation
  2. Analyze, record and report equity transactions for a corporation
  3. Analyze, record and report transactions related to long-term liabilities
  4. Analyze, record and report transactions relating to investments in debt and equity securities
  5. Prepare and analyze a statement of cash flows
  6. Analyze and interpret financial statements using various financial analysis tools
  7. Describe, identify, and apply basic managerial cost concepts
  8. Interpret and apply cost-volume-profit analysis
  9. Demonstrate the use of budget, planning and control
  10. Analyze, record, and report equity transactions for a partnership - CCCOnline only
  11. Apply ethical standards to financial reporting situations to develop appropriate responses - CCCOnline only
Learning concepts for this course are enchanced through modules, presentations and online discussions.

The module outcomes that will permit you to demonstrate course competencies are:

Module 1
  Outcomes Competencies
1 Explain the key elements that facilitate partnership reporting J
2 Identify the key roles in corporate organizations A
3 Analyze, record and report equity transactions for partnerships and corporations B & J
4 Create financial reports for partnerships and corporations B & J
Module 2
  Outcomes Competencies
1 Analyze and record long-term liability transactions C
2 Analyze and record investment in debit and equity security transactions D
3 Report long-term liabilities and investments C & D
4 Formulate responses to ethical situations involving accounting K
Module 3
  Outcomes Competencies
1  Prepare a statement of cash flows E
2 Analyze and interpret the four major financial statements E & F
3 Evaluate external resources for usefulness in financial statement analysis F
Module 4
  Outcomes Competencies
1  Define and report the different classes of manufacturing costs  G
2 Differentiate product and period costs and where they are reported on the financial statements G
3 Calculate and analyze key operating measurements using cost-volume-profit analysis H
4 Formulate responses to ethical situations involving accounting K
Module 5
  Outcomes Competencies
1 Identify the budgets that comprise the master budget and explain how they are used for planning I
2 Develop a flexible budget and evaluate its usefulness in comparison to a static budget I
3 Formulate responses to ethical situations involving accounting K

Course Time Commitment and Expectations

For every credit hour, students should plan to spend an average of 2-3 hours per week for course-related activities in a 15-week course. For example, a 3 credit hour course would average an average 6-9 hours per week to read/listen to the online content, participate in discussion forums, complete assignments, and study the course material. For 10  and 6-week courses, the amount of time per week will be higher so all course competencies, module outcomes, and assignments will be covered.

Aside from typical reading assignments, this course has the following (Please Note: This list is subject to change based on the discretion of the instructor facilitating this course.):

Summary of Grading:

Assignment Points
Discussions (10 @ 25 points each) 250
Homework (11 @ 25 points) 275
Mini Practice Assignments (5 @ 45 points) 225
Examinations (5 @ 50 points) 250
TOTAL 1,000

 

Grading Scale
A = 90-100% B = 80-89% C = 70-79% D = 60-69% F = 59%-below

CCCOnline Course Quality Commitment

CCCOnline goes to great lengths to assure the quality of your online learning experience. You can expect the following from our courses: