ACC 201 ED COST & MANAGERIAL ACCOUNTING
This course is the first of a two-semester syllabus that enables students to understand and appreciate the principles and practices of costing and costing systems, as well as develop the capacity for systematic and critical thinking as the basis for managerial planning and decision making. Any student with a good grasp of the Principles of Accounts syllabus or its equivalent is able to pursue the course. The nature and scope of the course prepares students for the CAPE Advanced-Level Accounting examination, and International Accounting Standards (IAS) are used as the basis for application of principles and the presentation of accounting information.
ACC 102 ED Financial Accounting II
This course will consider each of the major types of assets as well as current liabilities and payroll accounting, with particular emphasis on the effect of their measurement on net income and their presentation in the financial statement. The course will also provide an overview of revenue and expense issues and accounting for natural resources and intangible assets. And finally, the course will present introductory accounting concepts related to partnerships.
ACC 101-ED Financial Accounting I
This course will present the fundamental concepts and techniques of the basic accounting system, including accounting for a complete cycle of business activities for a service enterprise and a merchandising firm. Additionally, this course seeks to explore the responsibility of accounting in a society where there is a scarcity of and competition for economic resources, and its role as an information system for measuring, processing, and communicating information that is useful in decision-making.
ACC 202 ED Taxation
This course is designed to focus primarily on Belize’s Tax laws and System. The course aims to provide students with an understanding of the tax laws of Belize and the general principles of taxation from multiple perspectives; legal, social and economic. Students will be able to master income tax, business tax and general sales tax calculations.
Pre-College Accounting
This course introduces students to Generally Accepted Accounting Principles as well as the ethical considerations in recording financial information. The process of recording, summarizing and reporting financial information is covered in detail. As well, emphasis will be placed on interpreting and using financial information for decision making. This course is intended to help students to develop understanding of theoretical and practical techniques used in accounting which will enable them to develop skills to participate more effectively in future accounting courses and professional studies of accounting.
Accounting Software Application-QuickBooks
The aim of this course is to introduce students to QuickBooks software. The course entails opening a new set of books and recording both basic as well as complicated transactions that affects business daily. Preparing and producing basic financial reports such as balance sheets, income statements and trial balance. The course is designed to have students utilized a number of the accounting concepts and apply them using the accounting software. Concepts such as discounts, depreciation and return inwards of goods.
Taxation
This course is designed to focus primarily on Belize’s Tax laws and System. The course aims to provide students with an understanding of the tax laws of Belize and the general principles of taxation from multiple perspectives; legal, social and economic. Students will be able to master income tax, business tax and general sales tax calculations.
Financial Accounting II
This course will consider each of the major types of assets as well as current liabilities and payroll accounting, with particular emphasis on the effect of their measurement on net income and their presentation in the financial statement. The course will also provide an overview of revenue and expense issues and accounting for natural resources and intangible assets. And finally, the course will present introductory accounting concepts related to partnerships.