BBA with a Concentration in Accounting
CalSouthern’s BBA With a Concentration in Accounting: Learn the “International Language” of Business
If you’re considering an online accounting degree, you owe it to yourself to explore CalSouthern’s Bachelor of Business Administration (BBA) with a concentration in accounting. You’ll develop broad expertise in organizational management and administration—applicable to an array of leadership-oriented business careers—as well as a robust grounding in accounting, should you decide to pursue a more specialized position in that field. Accounting is akin to an international business language; an understanding of its principles is essential to making sound, reasoned fiscal decisions in any business organization.
At CalSouthern, you can earn your BBA with a concentration in accounting 100-percent online and at your own pace—as quickly as your busy schedule will allow. Without the restrictions associated with a traditional class schedule, you can study when you want, where you want, without compromising your personal and professional obligations.
To add a concentration in accounting to your CalSouthern BBA, you’ll supplement your core business courses (in subjects such as marketing, finance, business law, business communications, and management) with 15 credit hours of elective accounting-oriented courses, covering topics such as managerial accounting, cost accounting, and auditing. All courses will be taught by CalSouthern’s talented and responsive faculty. They are gifted instructors—experienced in facilitating online learning—in addition to being business leaders in their fields of specialty. They’ll supplement the latest academic theory with successful, proven, real-world business tactics and strategies while addressing actual business scenarios and case studies.
We encourage you to take the time to review our School of Business faculty bios, alumni profiles, and course descriptions. We’re confident that, as you learn more about CalSouthern, you’ll realize that it’s an excellent choice for your BBA degree. We’re an accredited university that measures its performance by your success. CalSouthern’s faculty, administration, and staff will provide you with all the tools and support you need to complete your degree program—every step of the way.
ACT 2451 Intermediate Accounting I
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.