Accounting II is an advanced accounting course designed to teach recording and analyzing of financial records of a corporation. It includes completing the steps of the accounting cycle for a corporation and an in-depth study of various cash accounts, accounts receivable merchandise inventory, and plant asset depreciation. Special emphasis will be placed on developing ways of understanding business information by analyzing and interpreting financial statements, how to summarize for interpretations, and how to analyze to be able to give steps necessary to improve a financial situation. The course expands the utilization of computerized accounting for financial records and continues to stress good business ethics. It emphasizes basic math and problem-solving skills, and analysis and interpretation of data.
To receive WITCC Articulated credit, course #B001, Accounting I must also be completed.