BBA | Bachelor of Business Administration

The Bachelor’s Degree Courses at CalSouthern’s School of Business

Below, you’ll find all of the online bachelor’s degree courses offered by CalSouthern’s School of Business. By taking 15 semester hours of elective online bachelor’s courses, you can focus your studies in your particular area of interest, earning your Bachelor of Business Administration Degree with a concentration in management, accounting, human resources management, marketing, international business, or criminal justice.

Required Core Courses

Lower Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Upper Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Business Elective Courses

Management Electives

Lower Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Upper Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Accounting Electives

Lower Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Upper Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Human Resource Management Electives

Lower Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Upper Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Marketing Electives

Lower Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Upper Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Entrepreneurship Electives

Lower Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Upper Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Leadership Electives

Lower Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Upper Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


International Business Electives

Lower Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Upper Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Technology Electives

Lower Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Upper Division Courses

ACT 2451 Intermediate Accounting I

Credits : 3

This is the first of two in-depth financial accounting courses. The course includes a review of basic financial statements, income statement, statement of cash flows and the balance sheet, specifically asset accounts. Theories, the conceptual framework, development of generally accepted accounting principles, and applications are stressed.

Learning Outcomes:
  • Define generally accepted accounting principles (GAAP).
  • Record transactions using the general journal format.
  • Identify and describe the different types of adjusting journal entries.
  • Describe the four basic financial statements.
  • Describe the purpose of the balance sheet and understand its usefulness and limitations.
  • Explain the purpose of financial statement disclosures.
  • Explain the difference between net income and comprehensive income.
  • Describe the purpose of the statement of cash flows.
  • Discuss the general objective of the timing of revenue recognition,
  • Identify and calculate the common ratios used to assess profitability.
  • Compute the present and future value of a single amount.
  • Explain the difference between simple and compound interest.
  • Define what is meant by internal control
  • Explain the possible restrictions on cash and their implications for classification on the balance sheet.
  • Explain the difference between a perpetual inventory system and a periodic inventory system.
  • Discuss the factors affecting a company’s choice of inventory method.
  • Understand and apply the concept of cost allocation as it pertains to operational assets the lower-of-cost-or-market rule.
  • Explain the appropriate accounting treatment required when a change in inventory method is made.
  • Determine the initial cost of operational assets.
  • Explain how to account for dispositions and exchanges.
  • Explain the concept of cost allocation as it pertains to operational assets.
  • Access information efficiently and effectively
  • Evaluate information critically and competently
  • Integrate the course concepts through interaction with other Learners and your Mentor
  • Introduce self and explain course expectations
  • Determine periodic depreciation using both time-based and activity-based methods.
  • Identify and account for investments for reporting purposes.
  • Classify the way investments are recorded and reported by the equity method.
Back


Take the first step - Call 800.477.2254