Riverside Community College District
Integrated Course Outline of Record

Accounting 66

1. Apply the principles of financial accounting to varied economic units within a business entity.
   


2. Identify relevant economic data used in manual and computerized accounting information systems and interpret financial statements.
   


3. Evaluate corporate organization and equity rights and structure.
   


4. Analyze, explain, apply principles, and solve problems within the subject matter.
   


5. Demonstrate the ability to continue in a university program of accounting and acquire the required background in any field of business administration.
   


6. Demonstrate speed and accuracy in analyzing the fundamental processes of mathematics commonly used in making business calculations.
   


7. Explain, analyze, apply principles, and solve problems within the subject matter.
   


8. Compare and discriminate between mathematical processes in order to select the appropriate process to apply to common business mathematical problems.
   


9. Demonstrate an understanding of mathematical skills required in other business subjects such as accounting, management, marketing and computer operations.
   

Identify the authorative bodies that establish accounting principles
for state and local governments and for not-for-profit
organization.

Understand the major role financial reporting plays in fulfilling the
government’s duty to be publicly accountable in a democratic
society.

Prepare detailed financial reports for governments and not-for-
profit entities that stress the need for the public to understand
and evaluate the financial activities and management of these
organizations.

Determine and demonstrate compliance with laws, regulations, and
agreements through the use of case studies and the application of
fund accounting.

• Present lectures to describe the essentials of business concepts and their applications to society and identify the authorative bodies that establish accounting principles for state and local governments and for not-for-profit organization.
• Develop and assign exercises to reinforce concepts and encourage students to apply them to current business and economic trends and events, for the student to understand the major role financial reporting plays in fulfilling the government’s duty to be publicly accountable in a democratic society.
• Create and have students participate in cooperative learning tasks such as small group exercises to identify issues that relate to course content and utilize the content to offer opinions, solutions and analysis with respect to those issues.
• Present exercises, problems and case studies to provide students with the opportunity to utilize concepts learned in class to analyze and prepare detailed financial reports for governments and not-for-profit entities that stress the need for the public to understand and evaluate the financial activities and management of these organizations.
• Develop and assign tasks/activities such as presentations and web exercises in order to demonstrate compliance with laws, regulations, and agreements through the use of case studies and the application of fund accounting.
• Facilitate discussions regarding relevant current issues in business to encourage students to make appropriate connections to the course content.
• Instruction may take the form of online, hybrid, TV or other distance learning format. 

• Individual, small group, or paired activities designed to allow students to demonstrate understanding of basic accounting concepts Identify the authorative bodies that establish accounting principles for state and local governments and for not-for-profit organization.
• Quizzes, exams and in-class participation designed to demonstrate proficiency and an understanding of the major role financial reporting plays in fulfilling the government’s duty to be publicly accountable in a democratic society.
• Written reports designed to assess the application of accounting principles.
• Individual web projects designed to assess student proficiency to demonstrate and prepare detailed financial reports for governments and not-for-profit entities that stress the need for the public to understand and evaluate the financial activities and management of these organizations.
• Individual or class projects designed to evaluate the application of accounting principles to simulated business situations and demonstrate compliance with laws, regulations, and agreements through the use of case studies and the application of fund accounting.
• Final examination designed to provide objective evidence that students have attained the level of understanding expected with regard to principles and practices of non-profit and governmental entities fund accounting.

• Engstrom, John H. and Copley, Paul A. Essentials for Acccounting and Governmental and Not-for-Profit Organizations. 6 ed. any: McGraw Hill-Irwin, 2004.