GRADES 6-12
- Prerequisite Course(s): Accounting 1
- High School Credit = 1/2 credit per semester (Postsecondary credit = 0)
- This course will be offered: every year
- Pathway (Optional): Business Financial Management
- Career Cluster Area: Finance
- Source of Occupational Skills Standards: National Business Education Association (NBEA), CAT
- Eligibility for Nationally Recognized Skill Certificate(s)/State License? No
- Tech Prep: No
- Is this course brokered through another institution or agency? No
- Course Description: This course of study is designed to provide students with the fundamental skills needed to understand the basic accounting cycle for a sole proprietorship.
- Content Headings/Topics
- Terminology
- The basic accounting cycle
- The accounting cycle for a sole proprietorship
- Career exploration
- General banking services
| Performance Standards (Learner Outcomes) | Specific Occupational Skills Standards | Alaska Reading, Writing, Math, Science Performance Standards | Alaska Content Standards | Alaska Employability Standards | Alaska Cultural Standards | All Aspects of Industry | Assessments |
|---|---|---|---|---|---|---|---|
| 1. Correctly use terminology related to accounting for a payroll system. | W.3 | LA.A.4 | A1 | Technical | Observation Labs and Assignments | ||
| 2. Describe the principles and practices of accounting for payroll system. | NBEA AIL3-4 | M.B1.4.2 M.A1.4.7 | M.A3,6 M.E.1 T.A.2 | Technical | Pre and Post Test | ||
| 3. Demonstrate the accounting procedures used in a payroll system. | NBEA AI L3-4 | M.B1.4.2 M.A1.4.7 | M.A3,6 M.E.1 T.A.2 | Finance | Pre and Post Test Labs | ||
| 4. Correctly use terminology related to accounting for special procedures. | W.3 | A1 | Planning | Vocabulary Test Observation | |||
| 5. Describe the accounting principles and practices of accounting for special procedures. | NBEA A V L3 4 | R.1 W.3 | LA.A.4 B.3 | Planning | Oral exam Labs and Assignments | ||
| 6. Demonstrate accounting applications for special procedures. | NBEA AI L3-4 | M.B1.4.2 M.A1.4.7 T.A.2 | M.A3,6 M.E.1 T.A.2 | Finance | Pre and Post Test Labs | ||
| 7. Investigate careers in accounting. | M.E1.4.2 | LA.A.4,3 LA.D1a G.G.5 T.E.5 | A.5 B.2.5 | E6 D6 | CAT | ||
| 8. Demonstrate knowledge of general banking services. | Finance | Labs and Assignments |