Courses required for the Certificate of Advanced Accounting Proficiency are listed below. Of the eight courses, seven are required to receive the certificate (ACTG 181-187), and there are no elective or optional courses for the certificate designation. ACTG 180 is strongly recommended for students who have not taken university-level accounting courses in the past year, and is required for students who have not previously taken any accounting courses. If you would like to petition to waive ACTG 180, please contact the CAAP Admissions Team directly at CAAP@explore-biography.com or (408) 554-4522.
180 (5 units) Introduction to Financial Accounting
Introduces concepts and principles underlying external financial statements and provides a comprehensive overview of financial accounting practices, including transaction analysis and accounting for revenues, receivables, inventory, tangible and intangible assets, continent liabilities, installment loans and bonds, time value of money issues, equity transactions, and cash flows.
To be eligible to waive ACTG 180 students must have completed an equivalent course and received a grade of B or better at an AACSB-accredited institution within 2 years of acceptance to the CAAP Program. Limited exceptions may be made for students who can demonstrate a working knowledge of introductory accounting.
181 (6 units) Intermediate Financial Accounting I
一道本不卡免费高清In-depth study of the concepts underlying external financial reporting along with expanded coverage of the basic financial statements. Detailed analysis of the measurement and reporting of current assets, operational assets, and investments, including the treatment of related revenues and expenses.
一道本不卡免费高清Prerequisite: C or better in ACTG 180
182 (6 units) Intermediate Financial Accounting II
Intensive analysis of generally accepted accounting principles as applied to accounting for liabilities, stockholders’ equity, and the statement of cash flows. Covers accounting for income taxes, pensions, leases, and the calculation of earnings per share.
一道本不卡免费高清Prerequisite: C- or better in ACTG 181
183 (5 units) Auditing
Basic assurance concepts such as risk, control, and evidence and important relationships among these concepts. Provides an understanding of the conceptual assurance framework underlying financial statement audits.
Prerequisite: C- or better in ACTG 182 and 187
184 (6 units) Advanced Accounting
Partnership accounting from organization to liquidation. Accounting for business combinations under the acquisition method. Consolidation of financial statements of a parent company and its subsidiaries. Coverage also includes a spectrum of financial reporting issues concerning intercompany equity investments and transactions between the parent and its subsidiaries.
一道本不卡免费高清Prerequisite: C- or better in ACTG 182
185 (6 units) Cost Management and Strategy
Analysis of cost accounting with a strategic emphasis. Selected topics include process costing, activity-based costing, variance analysis, joint cost allocations, and the Theory of Constraints.
Prerequisite: C- or better in ACTG 181
186 (6 units) Tax Aspects of Business Decisions
Analysis of various tax policies and procedures and their effect on business and personal tax planning. Includes an introduction to various taxes (income, payroll, state and local, international) that have decision-making implications. Addresses issues of importance for successful tax planning and tax minimization for individuals and businesses.
Prerequisite: C- or better in ACTG 181
187 (5 units) Accounting Information Systems
Understand and document accounting information systems and related internal control procedures. Identify and Link internal control procedures to the accounting control objectives of completeness, validity, timeliness, valuation, and classification for sales/receivable, purchases/payables, payroll, production, the general ledger. Understand and apply segregation of duties, independent checks, physical safeguards, adequate documentation and proper authorization to various accounting/business cycles.
Prerequisite: C- or better in ACTG 185