ACC 121 - Principles of Accounting II

Institution:

Northern Maine Community College

Subject:

Description:

4 class hours The first part of the course continues to address topics in financial accounting that began in ACC 111. Emphasis is on the corporate form of ownership. Topics include accounting for bonds, investments in stocks and bonds, business combinations and the statement of cash flows. The second part of the course is an introduction to managerial accounting. Topics include job order and process cost systems, cost-volume-profit analysis, budgeting, standard cost systems and capital investment analysis. Students will apply concepts learned by the completion of an investment project. Prerequisite: ACC 111

Credits:

4.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.nmcc.edu

Phone Number:

(207) 768-2700

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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