Student Competency Profile Introduction to Accounting I
ACNT 1303 Semester Hours Credit - 3.0
There is a software requirement for this course.
The class must use one of the two accounting software programs:
Quickbooks Pro or Peachtree.
STUDENT
can IDENTIFY, EXPLAIN, or DEMONSTRATE Proficiency in...
Rating
1
Terminology
used in double entry bookkeeping
5 4 3 2 1
2
The
accounting elements and accounting equation
5 4 3 2 1
3
Debits/credits
and T Accounts
5 4 3 2 1
4
Transaction
analysis
5 4 3 2 1
5
Source
documents, General Journal, and General Ledger
5 4 3 2 1
6
End-of-Period
Adjustment
5 4 3 2 1
7
The
account cycle
5 4 3 2 1
8
The
concepts of accrual basis versus cash basis
5 4 3 2 1
9
Terminology
used for checking accounts, and petty cash funds
5 4 3 2 1
10
The
concept of cash short and over
5 4 3 2 1
11
Terminology
used for payroll accounting: employee earnings and
deductions
5 4 3 2 1
12
Posting
and journalizing transactions into a General Journal or
General Ledger
5 4 3 2 1
13
Creating
a Trial Balance
5 4 3 2 1
14
Creating
a Adjusted Trial Balance from adjusting entries
5 4 3 2 1
15
Creating
a Financial Statement
5 4 3 2 1
16
The
closing process
5 4 3 2 1
17
Posting
from the Combination Journal
5 4 3 2 1
18
Reconciling
the Bank Statement
5 4 3 2 1
19
Creating
payroll records
5 4 3 2 1
20
Calculating
and completing forms for payroll taxes
5 4 3 2 1
21
Journalizing
and posting sales transactions
5 4 3 2 1
22
Journalizing
and posting cash receipts
5 4 3 2 1
23
Creating
a petty cash fund and a change fund
5 4 3 2 1
24
Creating
Schedule of Accounts Payable
5 4 3 2 1
25
Creating
Schedule of Accounts Receivable
5 4 3 2 1
26
Creating
an Income Statement
5 4 3 2 1
27
Creating
an Balance Sheet
5 4 3 2 1
28
Creating
a Statement of Owner's Equity for a sole proprietorship
5 4 3 2 1
29
Finding
and correcting errors
5 4 3 2 1
30
Demonstrate
SCANS competencies
5 4 3 2 1
Course
Mastery: Skill Level 4 or 5 on at least 24 of the
30 competencies. (Rating Scale: 5 = Skilled, 4 =
Moderately Skilled, 3 = Limited Skill, 2 = Knowledge, 1
= No Exposure)
TEACHER:
Using the rating scale above, evaluate the student on
the job competencies profile derived from the course
performance objectives. Check or Circle the appropriate
number to indicate the degree of competency. The rating
for each competency should reflect job readiness rather
than the grade given in the class. Make your
recommendation below.
Recommendation, using the competency profile,
course performance objectives, teacher evaluation, and
grades...
[ ] - I submit this student to
receive 3.0 college credit hours for this course.
[ ] - I do not feel this student
should receive college credit for this course.