ACC 102 - Principles of Accounting II

Credits: 4

Prerequisite: ACC 101
Description: Continues on the foundations acquired in ACC 101. The basic accounting concepts and principles are adapted to more complex business organizations such as partnerships, corporations, and manufacturing companies, including theories and practices peculiar to these forms of business organizations. Emphasis is given to the use of information needed for managerial planning and control. Students are introduced to the concepts of cost accounting and budgeting data needed in the planning and control in the decision making process.

Transferable
Transferable to both UC and CSU

General Education:
Not approved for General Education

Student Learning Outcomes:

Describe managerial accounting and its role in a business.
Prepare a responsibility accounting report for a cost/profit/ investment center and describe how transfer pricing is used between decentralized segments of a business.
Allocate product costs using activity-based costing.

Total Course In-Class (Contact) Hours: 72
Course Duration (Weeks): 18
Weekly Student Hours (In-Class) Lecture Hours: 4