Master Syllabus AC1213, Accounting II

Credits 3 Lab Hours 0 Lecture Hours 3 Clinical Hours 0
A continuation of Accounting I, dealing mainly with corporation accounting, interpretation of financial statements, accounting for costs, and controlling business operations.

For each unit of credit, a minimum of three hours per week with one of the hours for class and two hours for studying/preparation outside of class is expected.

Program and/or Department Mission Statement

The mission of the accounting program at Seward County Community College is to prepare students in the accounting discipline for occupational careers, transfer programs, continuing education, personal needs and/or other related business careers.

SCCC Outcomes

Outcome #1: Read with comprehension, be critical of what they read, and apply knowledge gained from their reading to broader issues of the day.

Outcome #4: Demonstrate mathematical skills by using a variety of techniques and technologies.

Outcome #5: Demonstrate the ability to think critically by gathering facts, generating insights, analyzing data, and evaluating information.

Outcome #6: Exhibit skills in information and technological literacy.

Outcome #9: Exhibit workplace skills to include respect for others, teamwork competence, attendance/punctuality, decision making, conflict resolution, truthfulness/honest, positive attitude, judgment, responsibility.

Course Outcomes

This course will cover partnership accounting and procedures and policies for corporate stock transactions. This course will also include issuance of installment bonds, and notes payable in accordance with GAAP. The student should also be able to prepare cash flow statements and analyze financial statements. The student should be prepared for transfer to institutions of higher education with an adequate background to be able to understand upper level accounting courses.

Course Outline
  1. Chapter 12. Accounting for Partnerships & Limited Liability Companies
  2. Chapter 13. Accounting for Corporations
  3. Chapter 14. Long-Term Liabilities
  4. Chapter 15. Investments and Fair Value Accounting
  5. Chapter 16. Statement of Cash Flows
  6. hapter 17. Financial Statement Analysis
Instructional Methods
  1. Lectures with computer presentation software
  2. Computer (Excel)
  3. Demonstrations at the whiteboard
Instructional Resources and Materials
  1. Textbook
  2. Working papers
  3. Internet
  4. Calculators
  5. Whiteboard
Methods of Assessment

The methods of assessing the SCCC instructional outcomes 1, 4, 5, 6, & 9, general course outcomes and the specific course competencies include exams, graded homework assignments, internet activities, and a portfolio showing (1) analysis of a corporate annual report and (2) a graph of corporation market activity for the semester.

Americans with Disabilities Act (ADA) Statement

Under the Americans with Disabilities Act, Seward County Community College will make reasonable accommodations for students with documented disabilities. If you need support or assistance because of a disability, you may be eligible for academic accommodations. Students should identify themselves to the Mental Health Counselor at 620-417-1106 or go to the Student Success Center in the Hobble Academic building, room A149.

Core Outcomes Project
The learning outcomes and competencies detailed in this course outline or syllabus meet, or exceed the learning outcomes and competencies specified by the Kansas Core Outcomes Groups project for this course as approved by the Kansas Board of Regents KRSN: ACC1010