As a capstone experience, a student uses case studies, internet research, and group projects to apply knowledge obtained in previous accounting courses. Student must be in last semester of course work required for the associates degree and have completed a minimum of 20 hours of accounting. A course designed for business and non-business majors. A study of the process of evaluating financial statements, cash flow, and ratio analysis of individuals and businesses. Emphasis on the relationship of comparative analysis and industry standards.
Heavy emphasis is on analytical interpretation of ratios.
Case studies and computer applications are integrated into this course. Offered in spring semester. Governmental auditing concepts and procedures, including the Yellow Book and Single Audit Act, Accounting for non profit entities, federal government, public schools, colleges and universities, hospitals, water districts, rural electrification coops, and others. Case studies are integrated into the course. Offered in Fall.