THIRD YEAR CERTIFICATE OF ACHIEVEMENT IN ACCOUNTING
Fulfillment of A.S. degree requirements (minimum cumulative
GPA-2.50; minimum grade of C in business administration A.S. major courses).
Program Learning Outcomes
Upon
completion of the 3rd Year Certificate program in Accounting, students will be
able to:
1. Demonstrate an understanding of intermediate
accounting principles by describing the General Catalog 2007-2009 financial
reporting environment and the conceptual framework of financial reporting;
analyzing financial
statements in detail; and accounting for cash and receivables, inventories,
property plant and
equipment, intangibles, and liabilities.
2. Demonstrate an understanding of cost
accounting systems relevant to managerial
decision making planning and control by solving problems involving various
costing and budgeting methods; by applying financial, inventory and production
management techniques in cost accounting; and by accurately measuring short and
long-run organization performance.
3. Demonstrate competence in analyzing and recording various
transactions for state and local governments, the federal government, colleges and universities,
and other nonprofit organizations; in preparing and interpreting financial
statements; and in explaining differences between private and public sector
accounting.
4. Demonstrate an understanding of a wide range of tax concepts with special focus on the
taxation of business entities in the
5. Demonstrate an understanding of statistical
methods of sampling and estimating population statistics and
competence in using computer software to calculate point estimates and
confidence intervals and use statistical methods to test hypotheses, recognize
trends and make forecasts to support decisions in the business/economics
environment.
6. Apply knowledge acquired from accounting and other courses by solving
real world accounting and general workplace problems in a participating
organization in the COM-FSM Internship Program.