Accounting

Essential Accounting Skills

Certificate of Completion: Essential Accounting Skills

This comprehensive program merges the detailed study of Cost Accounting with the analytical depth of Intermediate Accounting. The curriculum emphasizes managerial accounting, focusing on factory and production environments, alongside cost systems. Students will explore various types of costs, elements of costs, and cost behavior, including detailed analyses of variances for labor, materials, overhead, and indirect expenses. The course also covers allocation of cost to by-products, standard cost, and budgeting.

NC.BUS 203 COST ACCOUNTING 45.00 – 60.00 hours Recommended Preparation: BUS-202 or equivalent Focuses on both managerial (factory and production) and cost accounting with emphasis on cost and non-cost systems. Covers types of cost, elements of costs, cost behavior, variances for labor, materials overhead, indirect expenses, allocation of cost to by-products, standard cost and budgets.

NC.BUS 204 INTERMEDIATE ACCOUNTING 45.00 – 60.00 hours Recommended Preparation: BUS-202 or equivalent Provides complete analytical application and an advanced review of topics discussed in Accounting and I & II. Topics include assets (current, fixed, and intangible), investments, financial statements, income taxes, liabilities, stockholders equity, revenue recognition, operating and capital leases, asset acquisition and leases.