Program and Graduate Outcomes for Accounting at Riverland Community College - Riverland

Accounting

Program Graduate Outcomes

Upon completion of this program, the graduate will:

  • Complete accounting processes and prepare financial statements according to GAAP (Generally Accepted Accounting Principles) both manually and using computerized accounting software.
  • Analyze and communicate the effects of basic tax rules (including payroll taxes) on individuals, partnerships and corporations and prepare basic tax returns.
  • Apply the fundamentals of activity based costing, job costing and process costing. Demonstrate understanding of cost behavior including fixed and variable costs, cost/volume/profit analysis, budgeting and variance analysis, and other analytical tools for decision making.
  • Identify and apply elements of contract, tort, agency, property law, partnerships, corporations, UCC (Uniform Commercial Code) sales and secured transactions, and professional liability law.
  • Identify and apply basic principles of fund accounting for governmental type funds according to principles established by GASB (Governmental Accounting Standards Board).
  • Demonstrate proficiency in using computer hardware and software, including spreadsheet, database, and internet browser software to solve complex business issues and report these solutions.