Accounting II

Accounting II focuses on corporate accounting. Learn about corporate structure characteristics and review stocks, bonds, notes, purchase investments, and analysis of financial statements. Also get an in-depth look at managerial accounting.

What you’ll learn

  • Skills used in cost accounting
  • Ability to prepare company financial statements
  • Ability to process cost accounting systems
  • Learn corporate accounting, managerial accounting and more
Accounting II

$79

Plus membership

3 Credits

All courses include:

eTextbooks

2 to 3-day turnaround for grading

Multiple chances to improve your grade

On-demand tutoring & writing center

Student support 7 days a week

$79

Plus membership

3 Credits

All courses include:

eTextbooks

2 to 3-day turnaround for grading

Multiple chances to improve your grade

On-demand tutoring & writing center

Student support 7 days a week

Accounting II

$79

Plus membership

3 Credits

About This Course

|
ACE Approved 2021

Expand on what you learned in Accounting I with our online Accounting II course, which focuses on corporate accounting. Learn how corporations are structured and formed with an emphasis on corporate characteristics, and review stocks, bonds, notes, purchase investments, and analysis of financial statements. Accounting II also gives you an in-depth look at managerial accounting. This online course provides an understanding of cash flow statements, budgets, and budget management.

Course Outcomes

Demonstrate knowledge of the accounting techniques used in corporations, including accounting for stock transactions.

Discuss the various types of corporate investments, differentiating between influential and non-influential investments.

Apply the tools of financial analysis to perform horizontal and vertical analysis.

Calculate and interpret various financial ratios.

Demonstrate knowledge of, and ability to prepare, a statement of cash flows.

Define managerial accounting and understand the techniques used in cost accounting.

Demonstrate the ability to prepare financial statements for a manufacturing company.

Demonstrate knowledge of process cost accounting systems, including the use of equivalent units of production.

Use various allocation methods to allocate overhead and indirect costs.

Compute break-even and cost-revenue analysis values and understand how to interpret the results.

Define a master budget and how it is used in a business.

Discuss a flexible budget and the role of standard costs in the budgeting process.

Describe a capital budget and discuss the role of the time value of money in the budgeting process.

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Course Text

Prefer the hard copy? Simply purchase from your favorite textbook reseller; you will still get the eTextbook for free. The required eTextbook for this course is included with your course purchase at no additional cost.

Fundamental Accounting Principles

Wild, John J., and Ken Shaw. Fundamental Accounting Principles, 24th edition. McGraw-Hill/Irwin, 2019. ISBN 9781259916960

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