COURSE NAME:  ACT240 Accounting Principles Certification

Course Description (Detailed Syllabus is released upon registration)

Students will learn concepts and principles of accounting and bookkeeping.  Upon completion of this course students will be able to: 1) explain accounting principles and reporting standards, general journals, account ledgers and T accounts, 2) describe sales cycle, cash receipts, accounts receivable, notes receivable, aging, and uncollectible accounts, journal entries, adjusting entries, and general ledger, 3) explain adjustment, closing entries, and trial balance, 4) discuss accounting for sales receivables, cash receipts, accounts receivables, and merchandize inventory, purchases, accounts payable, notes payable, 5) explain and analyze property, plant, and equipment including depreciation, corporation, corporate earnings, capital transactions, and long term debt, and 6) prepare, analyze accruals, deferrals, financial statements including income statement, balance sheet, and statement of cash flows.     

Prerequisites

Joshua’s Accounting Clerk, Accounting Specialist, or Bookkeeping Specialist programs  

Required Resource Purchases

Textbook’s name, author’s name, and the ISBN will be released to the students upon registration.  . 

Software and additional resources, including author’s name and the ISBN will be released to the students upon registration.   

Additional Materials for Learning

Access to a printer or printing shop such as FedEx Kinko’s

Access to high speed Internet and a reliable computer

E-mail account that will be checked daily

Course Grading and Policies

Points from:  Lessons, Assignments, Tests, Classroom Discussion, and Course Portfolio are factors in grade point calculation.

A = 90% – 100%, B = 80% – 89%, C = 70% – 79%, D = 60% – 69%, F = 59% and Below.

Late Assignment Policy: If unable to complete assignments or tests on time, please contact your instructor before the due date.Assignments or tests submitted after the due date without appropriate excuse and pre-approval will receive a zero score.

Award Upon Completion

The student will receive 3 Credit Hours upon completion of this course.