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  1. Programs
  2. Advanced Accounting

Advanced Accounting

Career and Technical Education, Alabama State Department of Education (ALSDE)

Course

Become a contributor for free to openly demonstrate student outcomes, industry alignment & eligibility criteria.

Advanced Accounting builds on the foundational knowledge students acquired in Accounting. Standards are designed for students to apply their skills and knowledge in various business situations by performing accounting activities following generally-accepted accounting principles (GAAP).

Format

In-Person

Eligibility Calculator

Which aid programs apply to this program?

Record QualityEligibility Calculators
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Program Pathways

Credentials this program stacks toward

  • Program Pathway to FinanceFrom Career and Technical Education, Alabama State Department of Education (ALSDE)
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Program Details

Detailed information about this program

Advanced Accounting builds on the foundational knowledge students acquired in Accounting. Standards are designed for students to apply their skills and knowledge in various business situations by performing accounting activities following generally-accepted accounting principles (GAAP). Uncollectible accounts, plant assets, inventory, notes payable and receivable, prepaid and accrued expenses, and unearned and accrued revenues are analyzed, and related adjustments are calculated, and application of managerial accounting techniques are encouraged. Various forms of technology will be used to expose students to the resources and application of accounting principles. Employability skills are incorporated throughout the course standards to meet the needs of business and industry.

Requirements

What you need to earn this credential

No requirements listed.

Financial Aid

Eligible funding programs

No funding information available.

Scholarships

No scholarships listed.

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Locations

Where this program is offered

  • Alabama

    Alabama

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Related Programs

Programs related to this one

No related programs.

Skills & Competencies

Skills developed through this program

  • Apply accounting procedures for calculating, journalizing, and posting entries related to bad debt, aging receivables
  • Identify and demonstrate the application of generally-accepted accounting principles related to the life cycle of fixed
  • Compare and contrast weighted cost methods used for estimating the cost of merchandise in inventory
  • Calculate and record interest and maturity dates for notes payable and notes receivable
  • Demonstrate adjusting, closing, and reversing of entries for accrued revenues and expenses
  • Demonstrate accounting procedures for paying dividends and acquiring additional capital
Career Pathways

Occupations this program prepares you for

  • Accountants and Auditors13-2011.00
  • Bookkeeping, Accounting, and Auditing Clerks43-3031.00
  • Tax Preparers13-2082.00
What You'll Learn

Key competencies developed through this program

Auto-populated·from NSX Competency Framework

Mastery: emerging (Level 1)(based on Course)

  • Routine journal entries and reconciliations — prepare on assigned accounts under a senior's review.
  • Audit walkthroughs and tie-outs — execute on standard areas with manager oversight.
  • Working-paper standards — apply consistently in the firm's audit software.
  • Source documents (invoices, contracts, bank statements) — request and trace to the GL.
  • Sampling procedures — perform per the audit plan on routine populations.
  • Variance analyses on assigned accounts — produce with a senior reviewing.
  • Standard tax forms and schedules — prepare on simple returns under review.
  • Client correspondence and PBC lists — maintain accurately on assigned engagements.
  • Internal controls documentation — update for assigned cycles under supervision.
  • Time entry and budget tracking — record accurately on assigned engagement codes.

Some details on this page are auto-populated from public workforce data sources: O*NET (opens in new tab), BLS (opens in new tab), College Scorecard (opens in new tab), DOL Training Provider Results (opens in new tab), NSX (opens in new tab). Provided in partnership with LER.me Career Intelligence.

Student Outcomes

Performance metrics for this program

Auto-populated·from Scorecard + DOL
Completion Rate
80%
Placement Rate
80%