BU-102 : Principles of Accounting II
Course, prefix, number, & title: BU-102 Principles of Accounting II
Hours (Class, recitation, Laboratory, studio): 5 class hours
Pre-requisites (if any): BU-101 with a grade of C- or better
Course Description in college catalog:
Partnership, corporation, and manufacturing accounting covering: organization; operations; equity, earnings; dividends; long-term obligations; investments; preparation and analysis of various financial statements, including Statement of Cash Flows; and the use of accounting in the solution of managerial problems and decision making.
Academic programs for which this course serves as a requirement or an elective:
General Education Outcomes: Below is a listing of General Education Outcome(s) that this course supports.
Use analytical reasoning to identify issues or problems and evaluate evidence in order to make informed decisions
Reason quantitatively as required in various fields of interest and in everyday life
Course-specific student learning outcomes:
This course is the second half of a one-year course of introductory accounting to fulfill the needs of those students planning to specialize in accounting and other business curricula, and those in other disciplines who elect this course.
The material is covered through lectures, discussions, exercises, problem solving, workbook assignments, use of worksheets and financial statement preparation.
Students will achieve the following course objectives:
Understand accounting, analysis of transactions, and summarization of transactions for partnership ownership.
Understand Generally Accepted Accounting Principles (GAAP), analysis, issuance of all types of corporate stocks, issuance of dividends, and financial statement presentation for corporations
Understand accounting for debt financing.
Analysis and preparation of corporate Statement of Cash Flows.
Utilize financial statement analysis techniques for profitability, liquidity, and solvency.
Use foundational business principles to evaluate and solve problems for accounting
Methods by which student learning will be assessed and evaluated; describe the types of methods to be employed; note whether certain methods are required for all sections:
Academic Integrity policy (department or College):
Academic honesty is expected of all students. Any violation of academic integrity is taken extremely seriously. All assignments and projects must be the original work of the student or teammates. Plagiarism will not be tolerated. Any questions regarding academic integrity should be brought to the attention of the instructor. The following is the Queensborough Community College Policy on Academic Integrity: "It is the official policy of the College that all acts or attempted acts that are violations of Academic Integrity be reported to the Office of Student Affairs. At the faculty member's discretion and with the concurrence of the student or students involved, some cases though reported to the Office of Student Affairs may be resolved within the confines of the course and department. The instructor has the authority to adjust the offender's grade as deemed appropriate, including assigning an F to the assignment or exercise or, in more serious cases, an F to the student for the entire course." Read the University's policy on Academic Integrity opens in a new window(PDF).
Any student who feels that he or she may need an accommodation based upon the impact of a disability should contact the office of Services for Students with Disabilities in Science Building, Room S-132, 718-631-6257, to coordinate reasonable accommodations for students with documented disabilities. You can visit the Services for Students with Disabilities website.