ACCT 102 - Practical Accounting II

5 CR

Covers accounting procedures for corporations and partnerships and analysis of financial statements. This course is for students pursuing an AAS and/or AAS-T in Applied Accounting at Bellevue College.

The course will also qualify students for admission to the Bellevue College Applied Accounting, BAS.

Prerequisite(s): ACCT 101 with a C or better, or ACCT 201 with a C or better, or entry code.

Course Outcomes

Acquire, use, and dispose of fixed assets in the accounting records.
Depreciate fixed assets, amortize intangible assets, and deplete natural resources.
Calculate bond premium and discount, while considering the time-value-of-money.
Distinguish between different types of corporate stock and dividends.
Construct a statement of cash flows using both direct and indirect methods.
Infer and assess the liquidity, solvency, and profitability of a corporation using its financial statements.
Discuss the relationship of ethics to financial accounting.
Apply introductory Excel skills to organize, analyze, and present accounting data for decision-making.
Utilize data analytics techniques to identify trends, solve accounting problems, and support evidence-based conclusions.
Explain the foundational concepts of Artificial Intelligence and evaluate its impact on accounting processes and ethical considerations.

GenEd Outcomes: Creative and Critical Thinking

Critical Thinking/Problem Solving
Quantitative/Symbolic Reasoning

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