ACCB 199B Program Capstone

This course will review and practice all the financial accounting skills learned throughout the Accounting/Bookkeeping program. Emphasis will be placed on accurately preparing financial statements using accounting software. Real-world source documents will be used to prepare 12 months of accurate financial statements, one year of payroll reports, and finally a tax return. This is the final course in the Accounting/Bookkeeping program and should be taking during the student’s last term.

Credits

4

Semester Contact Hours Lecture

60

General Education Competency

[GE Core type]

ACCB 199BProgram Capstone

Please note: This is not a course syllabus. A course syllabus is unique to a particular section of a course by instructor. This curriculum guide provides general information about a course.

I. General Information

Department

Business & Economics

II. Course Specification

Course Type

Program Requirement

General Education Competency

[GE Core type]

Credit Hours Narrative

4

Semester Contact Hours Lecture

60

Grading Method

Letter grade

Repeatable

N

III. Catalog Course Description

This course will review and practice all the financial accounting skills learned throughout the Accounting/Bookkeeping program. Emphasis will be placed on accurately preparing financial statements using accounting software. Real-world source documents will be used to prepare 12 months of accurate financial statements, one year of payroll reports, and finally a tax return. This is the final course in the Accounting/Bookkeeping program and should be taking during the student’s last term.

IV. Student Learning Outcomes

Upon completion of this course, a student will be able to:

  • Prepare accurate financial reports from source documents
  • Complete the entire accounting cycle to prepare an accurate set of financial statements from source documents.
  • Accurately prepare a basic individual tax return from source documents.
  • Analyze, calculate and prepare all aspects of payroll including gross pay, net pay, and all required payroll reports.
  • Proficiently use an electronic accounting software.
  • Prepare to write and speak professionally.

V. Topical Outline (Course Content)

Students will be provided bank statements and other source documents that will be used to prepare financial statements. Each quarter students will prepare all payroll related payroll reports.

VI. Delivery Methodologies

Required Exams

Monthly financial statements, quarterly payroll reports, and a tax return must be accurately prepared. No incomplete work will be accepted.

Required Text

Source documents provided by the instructor

Required Materials

Access to QuickBooks online

Required Activities

Monthly financial Statements Quarterly and Year-end payroll reports Tax Return

Assessment Strategy Narrative

The required activities are the outcomes students will complete for the capstone course.

Specific Course Activity Assignment or Assessment Requirements

Monthly financial statements, quarterly payroll reports, and a tax return must be accurately prepared. No incomplete work will be accepted. Monthly financial Statements Quarterly and Year-end payroll reports Tax Return