• BUSA  7 - Principles of Accounting - Financial
• BUSA  8 - Principles of Accounting - Managerial
• BUSA 11 - Fundamentals of Accounting
• BUSA 21 - Cost Accounting
• BUSA 52 - Intermediate Accounting
• BUSA 53 - Ten-Key Calculations
• BUSA 58 - Federal Income Tax Law
• BUSA 68 - Business Mathematics
• BUSA 70 - Payroll and Tax Accounting
• BUSA 71 - Financial Planning
• BUSA 72 - Bookkeeping - Accounting
• BUSA 75 - Using Microcomputers in Financial Accounting
• BUSA 76 - Using Microcomputers in Managerial Accounting
• BUSA 81 - Work Experience in Accounting (Variable units: 1 - 4)

Course Measurable Objectives:

1. Describe the basic accounting system and how it is used to serve business needs.
2. Explain the purpose of generally accepted accounting principles, including the impact of accrual basis accounting on financial statements.
3. Define basic accounting vocabulary terms and effectively use the terms in both written and verbal communication.
4. Compare and contrast financial statements of a corporation, sole proprietorship, and partnership.
5. Analyze and record transactions, using a journal and a ledger, of varying degrees of difficulty including adjusting, closing and reversing entries.
6. Illustrate the concepts of internal control, control of cash, accounting for current assets and current liabilities, including accounts receivables, notes receivable, bad debts, payroll, notes payable, and estimated liabilities.
7. Illustrate inventory systems and methods of costing inventory, accounting procedures for plant assets, including depreciation, depletion and amortization of plant and intangible assets, and capital versus revenue expenditures.
8. Discuss the characteristics of partnerships and corporations including terms and techniques of accounting for stock issuance, dividends, treasury stock, and other items within the stockholders equity section of corporate balance sheets.
9. Illustrate accounting for long-term liabilities including notes and mortgage payables, valuation of bonds, accounting for bond issuance, interest accruals and payments.
10. Prepare cash flow statements.
11. Use cash flow statements to evaluate liquidity and solvency.
12. Utilize accounting information including financial statements to perform financial statement analysis.
13. Discuss the elements of international financial reporting standards including its impact on accounting concepts according to GAAP
14. Interpret and communicate effectively in a business environment.
15. Demonstrate business integrity, objectivity, and ethics.
16. Perform problem solving and research activities utilizing general ledger accounting software, spreadsheets, word processing, and the internet.

Course Level Student Learning Outcomes:

1. have discovered new knowledge that relate to discipline, technical and human skills, enabling them to be productive members of the community.
2. have developed a genuine professional interest in topics related to the courses completed that will contribute toward motivation for life-long learning.
3. have developed the ability to relate material from each course completed to their current and future professional needs, even if these needs fall into a different discipline.

Course Measurable Objectives:

1. Explain the role of the managerial accountant, describe the uses of managerial accounting information, and compare and contrast financial and managerial accounting.
2. Define cost concepts, terms and behaviors and evaluate relevant costs for decision making.
3. Distinguish between product and period costs and prepare and interpret a schedule of cost of goods manufactured, schedule of cost of goods sold and the corresponding income statement.
4. Describe job order and process cost accounting systems, complete problems utilizing each system, and then Illustrate the flow of costs for both job order and process cost systems.
5. Perform and interpret cost volume profit analysis and explain and compute operating leverage and margin of safety.
6. Prepare variable costing and absorption costing income statements and reconcile the resulting net incomes.
7. Explain budgeting and the concepts of planning and control by identifying the components of a master budget and describing how they relate to each other, and then prepare a master budget and the related schedules for a manufacturing business.
8. Describe the use of standard costs, how they are established, and prepare and interpret direct materials, direct labor and factor overhead variances reports. Prepare flexible budgets and explain their use.
9. Define responsibility accounting and describe the need for segment reporting, prepare and analyze segment reports for a cost center, profit center and an investment center, and compute and interpret the rate of return on investment and the residual income for an investment center.
10. Define and identify information relevant to decision making and prepare differential analysis reports for decision making including: discontinuing an unprofitable segment, manufacturing or purchasing a needed part, replacing usable fixed assets, special order decisions and sell or process further.
11. Explain the nature and importance of capital investment analysis, evaluate capital investment proposals using the following methods: accounting rate of return, cash payback, net present value and internal rate of return, and then summarize factors that complicate capital investment analysis
.
12. Describe activity-based costing, and then use activity-based costing for product costing and preparing activity-based cost reports.
13. Identify ethical issues that arise in managerial accounting and describe methods used for addressing them.
14. Solve problems using excel spreadsheet software.

Course Level Student Learning Outcomes:

1. have discovered new knowledge that relate to discipline, technical and human skills, enabling them to be productive members of the community.
2. have developed a genuine professional interest in topics related to the courses completed that will contribute toward motivation for life-long learning.
3. have developed the ability to relate material from each course completed to their current and future professional needs, even if these needs fall into a different discipline.

Course Measurable Objectives:

1. Calculate simple interest; use simple interest formula to compute various elements of a promissory note.
2. Calculate compound interest; use compound interest formula to compute future value, APY; use present value tables to compute present value of a future amount.
3. Calculate finance charge of business credit including lines of credit; calculate finance charge and monthly payment of an installment loan.
4. Calculate monthly payment and interest paid on mortgage; prepare amortization schedule; compute closing costs; calculate credit available for home equity loan and housing expense ratio obligation ratio of borrower.
5. Prepare income statement and balance sheet; prepare vertical and horizontal analysis of financial statements; calculate financial ratios and prepare a trend analysis.
6. Compute cost of inventory using FIFO, LIFO, and average methods; estimate ending inventory; calculate and evaluate inventory turnover comparing to industry average.
7. Calculate depreciation using 4 GAAP acceptable methods.
8. Determine sales, excise, and property tax; Calculate taxable income; determine tax liability and tax refund for individuals; calculate corporate tax and net income.
9. Demonstrate stock and dividend information via stock quotation table; Compute price-earnings ratio; record stock transactions for purchase and sale of stock; Calculate bond price; compute current bond yield; Calculate sales charge, net asset value and return on investment in relationship to mutual funds.

Course Level Student Learning Outcomes:

1. have discovered new knowledge that relate to discipline, technical and human skills, enabling them to be productive members of the community.
2. have developed a genuine professional interest in topics related to the courses completed that will contribute toward motivation for life-long learning.
3. have developed the ability to relate material from each course completed to their current and future professional needs, even if these needs fall into a different discipline.

Course Measurable Objectives:

1. Evaluate data for planning and controlling current operations.
2. Accumulate data for special decisions and long- range planning.
3. Analyze data for inventory valuation and income determination.
4. Compare and contrast alternative courses of action related to cost accounting concepts, and be able to make informed decisions.
5. Apply cost accounting concepts to real world scenarios and present results in a group setting.
6. Adapt cost-volume-profit analysis to situations where a product has more then one cost driver.

Course Level Student Learning Outcomes:

1. have discovered new knowledge that relate to discipline, technical and human skills, enabling them to be productive members of the community.
2. have developed a genuine professional interest in topics related to the courses completed that will contribute toward motivation for life-long learning.
3. Shave developed the ability to relate material from each course completed to their current and future professional needs, even if these needs fall into a different discipline.

Course Measurable Objectives:

1. Define accounting terms and concepts from each component of the course content.
2. Calculate problems of intermediate accounting from each component of the course content.
3. Apply practical accounting concepts and be able to express concepts to others.
4. Prepare accounting statements.
5. Interpret the statements and reports that emerge from the accounting process.
6. Describe how various professional accounting organizations interact and influence the Financial Accounting Standards Board (FASB).
7. Apply accounting concepts to more complex situations.
8. Apply time value of money concepts.

Course Level Student Learning Outcomes:

1. have discovered new knowledge that relate to discipline, technical and human skills, enabling them to be productive members of the community.
2. have developed a genuine professional interest in topics related to the courses completed that will contribute toward motivation for life-long learning.
3. have developed the ability to relate material from each course completed to their current and future professional needs, even if these needs fall into a different discipline.

Course Measurable Objectives:

1. Use of an electronic calculator using the touch method.
2. Locate and operate special calculator features such as decimal selector, clear key, grand total, and item count.
3. Calculate interest, length of loan and maturity value for loans involving simple and compound interest.
4. Manage bank records.
5. Calculate depreciation amounts using the straight-line and declining balance methods.
6. Use of relevant computer techniques to arrive at correct solutions to business problems such as column totals, overtime earnings, ending accounting balances and interest calculations.

Course Level Student Learning Outcomes:

1. have discovered new knowledge that relate to discipline, technical and human skills, enabling them to be productive members of the community.
2. have developed a genuine professional interest in topics related to the courses completed that will contribute toward motivation for life-long learning.
3. have developed the ability to relate material from each course completed to their current and future professional needs, even if these needs fall into a different discipline.

Course Measurable Objectives:

1. Define accounting terms and concepts related to federal and state income tax.
2. Calculate tax accounting problems.
3. Create income tax case studies applying practical applications and the proper expression of concepts.
4. Prepare federal income tax returns.
5. Describe current changes in federal income tax law.

Course Level Student Learning Outcomes:

1. have discovered new knowledge that relate to discipline, technical and human skills, enabling them to be productive members of the community.
2. have developed a genuine professional interest in topics related to the courses completed that will contribute toward motivation for life-long learning.
3. have developed the ability to relate material from each course completed to their current and future professional needs, even if these needs fall into a different discipline.

Course Measurable Objectives:

1. Demonstrate writing, addition, subtraction, multiplication, division and rounding of whole numbers, fractions, decimals, percent.
2. Compute conversions of mixed numbers, fractions, decimals and percent with and without the use of a calculator.
3. Write checks, prepare deposit slips, create check registers, prepare and analyze bank reconciliations.
4. Solve business-related word problems and ratio and proportion problems using expressions, equations, and percentage formulas.
5. Complete an invoice; calculate trade and cash discounts and compute net price.
6. Calculate employee's gross earnings, incentive pay, and payroll deductions; Calculate employer's payroll expenses and self-employment tax.

Course Level Student Learning Outcomes:

1. have discovered new knowledge that relate to discipline, technical and human skills, enabling them to be productive members of the community.
2. have developed a genuine professional interest in topics related to the courses completed that will contribute toward motivation for life-long learning.
3. have developed the ability to relate material from each course completed to their current and future professional needs, even if these needs fall into a different discipline.

Course Measurable Objectives:

1. Identify payroll records required by the employer in preparation for filing tax forms for Social Security, federal and state income tax, state disability benefits, and federal and state unemployment.
2. Calculate wages and withholding amounts in payroll problems.
3. Analyze the deposit procedure required of employees under state and federal laws.
4. Assemble the payroll recordkeeping requirements for employers under current state and federal laws.
5. Examine basic payroll accounting systems and their manner of recording.
6. Apply the current tax rates and wage base for FICA and SECA purposes.

Course Level Student Learning Outcomes:

1. have discovered new knowledge that relate to discipline, technical and human skills, enabling them to be productive members of the community.
2. have developed a genuine professional interest in topics related to the courses completed that will contribute toward motivation for life-long learning.
3. have developed the ability to relate material from each course completed to their current and future professional needs, even if these needs fall into a different discipline.

Course Measurable Objectives:

1. Develop a personal definition of financial success.
2. Evaluate needs for diverse financial planning strategies across the lifespan.
3. Evaluate current spending patterns and create budgets.
4. Explain elements of tax planning.
5. Evaluate types of accounts and services provided by various financial institutions.
6. Analyze various sources of consumer credit and select suitable options.
7. Evaluate factors that influence the consumer purchasing and leasing of consumer durables.
8. Explain factors that influence owning or renting housing.
9. Assess the economic, financial, legal, lifespan, and personal factors that influence consumer decisions to obtain health, automobile, property, and life insurance.
10. Evaluate investment alternatives such as stocks, bonds, and mutual funds in order to meet investment goals.
11. Explain the importance of planning and saving for retirement across the lifespan.
12. Assess the impact of various investment opportunities (including 401(k) plans and IRAs) on personal retirement planning.
13. Explain the importance of estate planning.

Course Level Student Learning Outcomes:

1. have discovered new knowledge that relate to discipline, technical and human skills, enabling them to be productive members of the community.
2. have developed a genuine professional interest in topics related to the courses completed that will contribute toward motivation for life-long learning.
3. have developed the ability to relate material from each course completed to their current and future professional needs, even if these needs fall into a different discipline.

Course Measurable Objectives:

1. Explain the concept of double-entry accounting within the categories of asset, liability, owner's equity, revenue and expense account.
2. Analyze business transactions, and journalize and post transactions to ledger accounts.
3. Utilize procedures of cash control in such areas as petty cash funds, change funds, cash short and over and bank reconciliation.
4. Analyze and record payroll transactions involving employee earnings and deductions in the company journals.
5. Define fundamental bookkeeping-accounting terms and concepts.
6. Apply the accounting cycle for both a service and a merchandising company including: journalizing, posting, trial balance, adjusting entries, preparation of financial statements, closing entries, reversing entries and correcting entries.
7. Complete computerized job simulations for payroll clerk and cash clerk duties on a microcomputer.

Course Level Student Learning Outcomes:

1. have discovered new knowledge that relate to discipline, technical and human skills, enabling them to be productive members of the community.
2. have developed a genuine professional interest in topics related to the courses completed that will contribute toward motivation for life-long learning.
3. have developed the ability to relate material from each course completed to their current and future professional needs, even if these needs fall into a different discipline.

Course Measurable Objectives:

1. Use computerized accounting software to process accounting transactions.
2. Process vendor payments and update accounts payable.
3. Process collections from customers and update accounts receivable.
4. Set up payroll tax information and process payroll transactions.
5. Set up and maintain a chart of accounts.
6. Create a company inventory system and process inventory transactions.
7. Prepare financial statements.
8. Complete the accounting cycle for a company including year end closing entries.

Course Level Student Learning Outcomes:

1. have discovered new knowledge that relate to discipline, technical and human skills, enabling them to be productive members of the community.
2. have developed a genuine professional interest in topics related to the courses completed that will contribute toward motivation for life-long learning.
3. have developed the ability to relate material from each course completed to their current and future professional needs, even if these needs fall into a different discipline.

Course Measurable Objectives:

1. Solve managerial accounting problems with Excel software.
2. Create Excel spreadsheets to analyze financial data and prepare managerial reports.
3. Use of what-if analysis by building Excel spreadsheets that use this technique to solve managerial accounting problems.
4. Create charts and tables using Excel software.
5. Explain Excel application concepts.

Course Level Student Learning Outcomes:

1. have discovered new knowledge that relate to discipline, technical and human skills, enabling them to be productive members of the community.
2. have developed a genuine professional interest in topics related to the courses completed that will contribute toward motivation for life-long learning.
3. have developed the ability to relate material from each course completed to their current and future professional needs, even if these needs fall into a different discipline.

Course Measurable Objectives:

1. Interview at a work site and present oneself professionally.
2. Dress appropriately for the work site.
3. Follow employment policies of the worksite.
4. Build self-identity and confidence as a worker.
5. Demonstrate the ability to complete an employment application.
6. Apply skills learned in the classroom under actual work conditions.
7. Write measurable learning objectives.
8. Evaluate accomplishment of learning objectives and effectiveness of the worksite and program.

Course Level Student Learning Outcomes:

1. have discovered new knowledge that relate to discipline, technical and human skills, enabling them to be productive members of the community.
2. have developed a genuine professional interest in topics related to the courses completed that will contribute toward motivation for life-long learning.
3. have developed the ability to relate material from each course completed to their current and future professional needs, even if these needs fall into a different discipline.