ACCOUNTING II

 

Subject: Accounting II

Grade: 11, 12

Length of Course: First and Second Semester

Prerequisite: Accounting I

 

CURRICULUM BENCHMARKS:

·        Use technology tools to enhance learning, increase productivity, and promote creativity.

·        Use technology to locate, evaluate, and collect information from a variety of sources based on the appropriateness to specific tasks.

·        Use math procedures to analyze and solve business problems.

·        Use data gathering and analysis to confirm the results of a solution.

·        Analyze the relationship between ethics and the law.

·        Complete the various steps of the accounting cycle and explain the purpose of each step.

·        Determine the value of assets, liabilities, and owner’s equity according to generally accepted accounting principles, explaining when and why they are used.

·        Prepare, interpret, and analyze financial statements using manual and computerized systems for service merchandising and manufacturing businesses.

·        Apply appropriate accounting principles to various forms of ownership, payroll, income taxation, and managerial systems.

 

COURSE DESCRIPTION:

Advanced accounting is a vocational and college preparatory course which prepares the student for entry level positions in accounting upon graduation from high school and which prepares students for a college major in accounting or business administration. The course includes an expanded version of many skills learned in Accounting I, but also introduces new areas such as departmental and cost accounting.

 

WHAT STUDENTS ARE EXPECTED TO DO:

Advanced accounting students have already proven their competency in basic accounting by having successfully completed first year accounting. Therefore, the aspects of accuracy, neatness, and promptness in daily work rarely need mentioning. Rather in Accounting II the students are expected to perform at a level on which independence and a probing into accounting theory are essential. The major emphasis is “How can I find an error?” And, "What can I do in the future to avoid a similar situation?”