2013-2014 Walden University Catalog (June 2014) 
    
    May 27, 2020  
2013-2014 Walden University Catalog (June 2014) [ARCHIVED CATALOG]

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ACCT 2001 - Accounting II


(5 cr.) A continuation of Accounting I, this course builds upon students’ knowledge of accounting principles, including the basic techniques and procedures of internal reporting in organizations and corporations. Students examine a variety of terms and concepts, enabling them to gain a clear understanding of corporate reporting and the fundamental elements of managerial accounting. Students apply strategies involving cost behavior, job-order, cost-volume-profit analysis, performance planning and budgeting, standard costs and variance analysis, relevant costs, and the statement of cash flows to real-world scenarios. Students also assess best practices in employing relevant information in the decision-making process, acquiring practical skills to use in addressing actual accounting problems in the professional arena. (Prerequisite(s): ACCT 1001.)



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