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Revised: April 2007
Units of Credit: 0.50
Students will develop advanced skills that build upon those acquired in Accounting I. Additional
accounting skills such as reconciling uncollectible accounts, calculating depreciation on assets,
interpreting financial information, and calculating notes and interest will be developed. Computerized
accounting will again be incorporated as an essential tool where resources are available.
CORE STANDARDS, OBJECTIVES, AND INDICATORS
Students will acquire and use accounting terminology and professional attitude and skills
throughout the study of accounting.
Objective 1: Define and use accounting terminology and generally accepted accounting principles
Objective 2: Develop and demonstrate critical thinking.
Objective 3: Develop and demonstrate problem solving skills.
Objective 4: Develop and demonstrate team building to enhance cooperative learning and interpersonal
Objective 5: Develop and demonstrate business ethics.
Objective 6: Show quality of work.
Objective 7: Enhance decision making skills.
Objective 8: Explore technological advances and programs within the field of accounting.
Students will prepare payroll records.
Objective 1: Prepare and maintain payroll records using manual and computerized systems.
Objective 2: Calculate earnings at an hourly and piece rate and on a salary, commission, and
Objective 3: Calculate deductions including federal income tax, Social Security tax, Medicare tax, state
income tax, and other deductions to determine net pay.
Objective 4: Calculate employer=s payroll taxes (e.g., Social Security, Medicare, federal unemployment,
and state unemployment) and employee benefits paid by the employer.