Evaluate basic business transactions, and prepare financial statements. (CCC: 1, 2, 4, 5, 6; PGC: ACT 1, 4, 5; GBT 1, 2, 5; MAN 1, 2; MKT 1, 2)
Prepare a bank reconciliation, establish a petty cash fund, and outline proper internal control procedures. (CCC: 1, 2, 4, 5, 6; PGC: ACT 1, 4, 5; GBT 1, 2, 5; MAN 1, 2; MKT 1, 2)
Maintain accounts payable and accounts receivable records, including an allowance for uncollectible accounts.(CCC: 1, 4, 5, 6; PGC: ACT 1, 4, 5; GBT 1, 2, 4, 5; MAN 1, 2; MKT 1, 2)
Determine inventory cost using various costing methods. (CCC: 1, 4, 5, 6; PGC: ACT 1, 4, 5; GBT 1, 2; MAN 2; MKT 1, 2)
Maintain records for property, plant, and equipment accounts. (CCC: 1, 4, 5, 6; PGC: ACT 1, 4, 5; GBT 1, 2, 5; MAN 1, 2; MKT 1, 2)
Prepare entries for various liability accounts, including the accruals for estimated liabilities. (CCC 1, 2, 4, 5, 6; PGC: ACT 1, 4, 5; GBT 1, 2, 4, 5; MAN 1, 2; MKT 1, 2, 6)
Demonstrate the steps in a complete accounting cycle. (CCC: 1, 4, 6; PGC: ACT 1, 4, 5; GBT 1, 2, 5; MAN 1, 2; MKT 1, 2)
See Core Curriculum Competencies and Program Graduate Competencies at the end of the syllabus. CCPOs are linked to every competency they develop.