<<

Accounting/ Administration SLOs Current SLOs as of January 2021

Course ID Course Name Course SLO # SLO Status SLO Statement

BUS 109 Elementary Accounting SLO 1 Active Explain the basics of each of the primary financial statements, , Statement of Owners , Income statement. The explanations will include both structure and term definition. SLO 2 Active Demonstrate basic interpretation of financial statements including fundamental ratio analysis. SLO 3 Active Apply the basic concepts of double-entry principles. SLO 4 Active Complete the accounting cycle for a company organized as a proprietorship which sells services and/or products. BUS 110 Introduction to Business SLO 1 Active Create and describe the components of a comprehensive for both large and small . SLO 2 Active Describe business and government in a global economy. BUS 111 Entrepreneurship: Starting and SLO 1 Active Analyze problems that small businesses face in order to create a Developing a Business more successful and ethical model that differentiates failure from success as seen in a profitable business venture. SLO 2 Active Describe different sources of funding that are used for new business ventures and explain how each can be used to acquire or expand new operations.

SLO 3 Active Write a complete business plan for a new or preexisting business that incorporates the analysis of , income statements, , and statement of flows. BUS 113 Gig Economy: The New Entrepreneurial SLO 1 Active Use data collection, analytical tools, and informational Path presentations to describe and analyze freelance and entrepreneur participation and legal, administrative, and financial obligations. SLO 2 Active Use the negotiating tools and resources appropriate to the “Gig Economy” to develop a Freelance Canvas and a Time Plan. BUS 115 Human Relations in Business SLO 1 Active Compare and contrast the major motivational perspectives and . SLO 2 Active Describe and evaluate the major theories of leadership and management. BUS 120 SLO 1 Active Explain and apply the components of the conceptual framework for financial accounting and reporting, including the qualitative

01/12/2021 12: Page 1 of

Course ID Course Name Course SLO # SLO Status SLO Statement

BUS 120 Financial Accounting SLO 1 Active characteristics of accounting information, the assumptions underlying accounting, the basic principles of financial accounting, and the constraints and limitations on accounting information. SLO 2 Active Apply transaction analysis when inputting transactions into the accounting system, process this input, and prepare and interpret the four basic financial statements according to GAAP (Generally Accepted Accounting Principles) SLO 3 Active Distinguish between cash basis and basis accounting and their impact on the financial statements, including the . SLO 4 Active Explain the content, form and purpose of the four basic financial statements (including footnotes) and the , and how they satisfy the information needs of , , and other users. SLO 5 Active Interpret company activity, profitability and liquidity through selection and application of appropriate tools. SLO 6 Active Identify the ethical implications inherent in financial reporting and be able to apply strategies for addressing them. BUS 121 Managerial Accounting SLO 1 Active Distinguish between product and period ; prepare and evaluate a Schedule of of Goods Manufactured, Schedule of , and Income Statement. SLO 2 Active Describe the traditional types of product costing systems (including -order and process), illustrate the flow of costs in each, and prepare related and reports. SLO 3 Active Explain the development and use of standard costs, prepare and interpret variance analysis reports and relate them to responsibility accounting and control. BUS 122 Intermediate Accounting SLO 1 Active Apply the conceptual framework of accounting to recognize, measure, and report of and . SLO 2 Active Apply accounting principles to the record journal entries in the areas of cash, receivables, , property and equipment, and -term liabilities, and stockholders equity. SLO 3 Active Properly treat and present leases and accounting change in financial statements. BUS 124 Auditing SLO 1 Active Explain the auditing process. SLO 2 Active Explain the need for generally accepted auditing standards. SLO 3 Active Clarify the difference between various reports. SLO 4 Active Describe the value of systems. SLO 5 Active Apply various audit tests, steps and procedures applied during the audit process. 01/12/2021 12: Page 2 of

Course ID Course Name Course SLO # SLO Status SLO Statement

SLO 6 Active Articulate important provisions of the Sarbanes-Oxley Act and Section 404. BUS 125 Business Law: Legal Environment of SLO 1 Active Differentiate the relationship between state and federal Business systems, jurisdiction of courts, sources of law and the forms of Alternative Dispute Resolution. SLO 2 Active Use the U.S. Constitution and federal acts to describe the constitutional basis for federal government of business, including limits of government power and relationship to international law. SLO 3 Active Apply the various rules of ethics to appraise the relationship between law and ethics, and the interaction between business managers, stakeholders, and society. SLO 4 Active Use tort and criminal law to distinguish between torts and crimes and how they impact business. SLO 5 Active Use law and the Uniform Commercial Code to distinguish between governed by the Uniform Commercial Code and those governed by the common law of contracts. SLO 6 Active Use the law of business organizations to explain the various forms a business can take; the benefits and burdens of each form; the role of agency law in each; and the termination/dissolution of each. BUS 128 Business SLO 1 Active Identify strategies for communicating effectively both orally and in in today’s business environment. SLO 2 Active Define the major characteristics of effective oral and written business communication. SLO 3 Active Define and apply the five “C’s” of communication to achieve a business-like tone that is clear, concise, complete, correct, and courteous in both oral and written communication. SLO 4 Active Describe and apply the three-step writing process when preparing business reports, composing memos, letters, good news, bad news, persuasive messages, emails, and social media content. BUS 129 Accounting and Business SLO 1 Active Describe the payroll accounting function and how it relates to the recording of journal entries into accounting records. SLO 2 Active Describe employee and employer obligations regarding payroll withholdings, deductions and assessment. SLO 3 Active Calculate payroll and prepare the necessary federal and state forms to meet filing requirements. SLO 4 Active Distinguish between employee status and independent contractor.

01/12/2021 12: Page 3 of

Course ID Course Name Course SLO # SLO Status SLO Statement

SLO 5 Active Prepare the necessary forms for additional business taxes, such as and property taxes. BUS 150 Individual Income Accounting SLO 1 Active Apply federal income tax law to individual income taxes. SLO 2 Active Analyze specific tax problems related to the filing an individual federal income tax returns and calculate their solutions. SLO 3 Active Prepare a sample federal income tax return SLO 4 Active Articulate the objectives of federal taxation and relate various taxes, assessments, , deductions, etc., to those objectives.

BUS 155 Management SLO 1 Active Describe how the Human Resources department is linked to other units within the . SLO 2 Active Describe the Federal and State laws that influence labor relations. SLO 3 Active Identify the legal implications, monetary costs, and human morale costs of making improper personnel decisions. SLO 4 Active Identify workplace human resource needs SLO 5 Active Identify the laws involved in employee recruitment, testing, selection, orientation. SLO 6 Active Compare options for employee hiring, development, training, motivation, and evaluation. BUS 156 Principles of Management SLO 1 Active Describe and apply the various approaches or "schools of management" to the field of management. SLO 2 Active Explain the importance of the management process and the fundamental functions making up this process. SLO 3 Active Apply the fundamental guides of management to effectively solve business problems. SLO 4 Active Describe how management contributes to all fundamental activities of business. SLO 5 Active Describe the interrelationship of various components of a typical enterprise, the significance of management in each component and bring them together into a concerted, unified and effective endeavor. BUS 162 Analysis of Financial Statements SLO 1 Active Explain why analysis of is important. SLO 2 Active Derive inferences and estimates useful in making business decisions. SLO 3 Active Analyze and prepare a financial analysis report. SLO 4 Active Formulate and evaluate an investment portfolio of securities. BUS 176 Computerized Accounting Applications SLO 1 Active Set-up, enter data, back-up and restore software files in the latest

01/12/2021 12: Page 4 of

Course ID Course Name Course SLO # SLO Status SLO Statement

SLO 2 Active Set up customers and track the entire sales process as well continue through the entire tracking process. SLO 3 Active Set up vendors and manage expenses, such as entering bills, tracking payables, writing checks and using a petty cash .

SLO 4 Active Reconcile checking accounts, card statements and handle key concepts such as errors, omissions and non-sufficient checks using the module. BUS 195 Personal Finance SLO 1 Active Identify and describe the components of a comprehensive personal investment portfolio. SLO 2 Active Describe consumer , personal and management SLO 3 Active Compare and contrast the different types of for consumers.

01/12/2021 12: Page 5 of