Skip to main content
SCTCC logo

Secondary navigation

    • Student Services
    • Email
    • D2L Brightspace
    • eServices
    • Bookstore
    • Class Schedules
    • Cyclones Athletics
    • Library
    • Quick Guide
    • Employee Resources
    • Academic Calendar
    • Employee Directory
    • Email
    • Faculty eServices
    • D2L Brightspace
    • Technology Support
    • Quick Guide
    • Cyclones Athletics
    • Foundation
    • Get Involved
    • Ways to Give
  • Events
  • Select Language

Main navigation

  • Degrees & Programs
    • Business, IT, & Education Programs
    • Construction Programs
    • Health Sciences & Nursing Programs
    • Liberal Arts & Transfer Studies
    • Manufacturing Programs
    • Transportation Programs
    • All Degrees & Programs
    • Career & Program Finder
    • Degree and Certification Options
    • Programs for High School Students
  • Admissions
    • How to Apply
    • Tour SCTCC
    • Request Information
    • Course Placement & Testing - Accuplacer
    • eOrientation & Registration
    • Records & Registration
    • Change your Program Status
    • Admissions Forms
    • Meet our Admissions Staff
    • Minnesota State Week at SCTCC
    • Summer Session at SCTCC
  • Tuition & Aid
    • Applying for Financial Aid
    • Affordability at SCTCC
    • Payments & Policies
    • North Star Promise Scholarship Program
    • Student Scholarships
    • Tuition & Fees
    • Veterans Benefits
  • Student Stuff
    • Academic
    • Quick Guide for SCTCC Students
    • Campus Life
    • Cyclones Athletics
    • Student Handbook
    • Just Report It
  • About Us
    • Contact Us
    • Visit Us
    • About SCTCC
    • News, Stories, & Events
    • Leadership
    • Cultural Fluency, Equity, & Inclusion
    • Accreditation at SCTCC
    • Careers at SCTCC
  • Community & Training
    • Customized Training
    • Get Involved
    • SCTCC Foundation
    • The Northway Group
    • Youth Programs & Camps

ACCT1216

Student Learning Outcomes

This course covers the analysis, from the preparer and user perspective, of business transactions related to partnerships and corporations. Topics include but are not limited to cash and cash flows, internal control, organization, capital structure, stockholder?s equity, earnings, dividends, fair value accounting and retained earnings statement. Also included is the related statistical financial analysis.Student Learning Outcomes
  • Analyze financial accounting internal controls for strengths and weaknesses.
  • Prepare bank reconciliations and record the adjustments in the financial records.
  • Apply basic accounting concepts and principles in an ethical way to business transactions.
  • Complete accounting transactions and calculations related to partnerships and limited liability companies.
  • Prepare a properly classified statement of cash flows.
  • Perform basic solvency and profitability analysis on corporate financial statements.
  • Complete an accounting cycle for a business.
  • Journalize financial transactions using special journals.
  • Post journal entries from the general journal and special journals to the general ledger and subsidiary ledgers.
  • Report equity changes in the capital structure of a company resulting from fair value accounting.

Prerequisites

Please see eServices for section availability and current pre-req/test score requirements for this course.
Student Emergency Grants - American Rescue (ARP) Act
SCTCC logo
Instagram Facebook YouTube LinkedIn

1540 Northway Drive
St. Cloud, MN 56303

+1 (800) 222-1009
recruitment@sctcc.edu
Accessibility Statement
Careers at SCTCC
Campus Hours, Directions & Maps
Contact Us
Copyright Information
Intranet - Employee Portal
Online Privacy
Safety & Security
Just Report It
Request for Proposal
©2022-25 - St. Cloud Technical & Community College | Accredited by the Higher Learning Commission
St. Cloud Technical & Community College, a member of Minnesota State