2023-2024 Course Standards
Legend
BA20 Accounting II
Course Type: Developed
Standard/Obj # | Standard/Objective | Course Weight | RBT Designation | Essential Employability Skills |
---|---|---|---|---|
1.00 | Apply accounting procedures for departmentalized business. | 20% | C3 Procedural Knowledge - Apply | - |
1.01 | Remember the purpose and tools of Accounting. | 6% | B2 Conceptual Knowledge - Understand | - |
1.02 | Apply journal procedures in a departmentalized merchandising business. | 5% | C3 Procedural Knowledge - Apply | - |
1.03 | Apply procedures to calculate gross profit, prepare a departmentalized worksheet, and prepare departmental margin statements. | 6% | C3 Procedural Knowledge - Apply | - |
1.04 | Apply procedures to journalize adjusting and closing entries for a departmentalized merchandising business. | 3% | C3 Procedural Knowledge - Apply | - |
2.00 | Apply inventory costing methods and specialized adjusting entries. | 33% | C3 Procedural Knowledge - Apply | - |
2.01 | Understand inventory costing methods. | 6% | B2 Conceptual Knowledge - Understand | - |
2.02 | Apply inventory costing methods to calculate the value of inventory. | 8% | C3 Procedural Knowledge - Apply | - |
2.03 | Apply procedures to create an Income Statement with Cost of Goods Sold. | 5% | - | - |
2.04 | Apply procedures for calculating and journalizing depreciation expense. | 8% | C3 Procedural Knowledge - Apply | - |
2.05 | Apply procedures for calculating and journalizing accruals and deferrals. | 6% | C3 Procedural Knowledge - Apply | - |
3.00 | Apply accounting procedures for a corporation. | 13% | C3 Procedural Knowledge - Apply | - |
3.01 | Apply procedures for the issuance of stocks and bonds. | 5% | C3 Procedural Knowledge - Apply | - |
3.02 | Apply procedures for payment of dividends. | 4% | C3 Procedural Knowledge - Apply | - |
3.03 | Apply procedures for preparing a statement of stockholders equity. | 4% | C3 Procedural Knowledge - Apply | - |
4.00 | Analyze financial data to make managerial decisions. | 16% | C4 Procedural Knowledge - Analyze | - |
4.01 | Understand concepts and practices related to budgeting. | 4% | B2 Conceptual Knowledge - Understand | - |
4.02 | Apply procedures to calculate cost-volume-profit relationship indicators. | 4% | C3 Procedural Knowledge - Apply | - |
4.03 | Apply procedures to calculate financial ratios. | 4% | C3 Procedural Knowledge - Apply | - |
4.04 | Analyze financial indicators and ratios to make business decisions. | 4% | C4 Procedural Knowledge - Analyze | - |
5.00 | Apply concepts for cost accounting procedures. | 12% | C3 Procedural Knowledge - Apply | - |
5.01 | Understand cost accounting concepts and practices for a manufacturing business. | 4% | B2 Conceptual Knowledge - Understand | - |
5.02 | Apply cost accounting procedures to journalize transactions for a manufacturing business. | 8% | C3 Procedural Knowledge - Apply | - |
6.00 | Analyze financial statements for auditing purposes. | 6% | C4 Procedural Knowledge - Analyze | - |
6.01 | Understand purposeful auditing techniques. | 3% | C4 Procedural Knowledge - Analyze | - |
6.02 | Understand the Statement of Cash Flows. | 3% | C4 Procedural Knowledge - Analyze | - |