1.) Use technologies needed to perform job functions in the field of accounting.

2.) Determine career and entrepreneurial opportunities, responsibilities, and educational and credentialing requirements related to accounting professions.

3.) Differentiate among sole proprietorship, partnership, and corporation accounting operations as they relate to service and merchandising businesses.

4.) Apply steps of the accounting cycle for service and merchandising businesses using manual and electronic methods.

5.) Analyze the accounting equation for the purpose of relating it to the accounting cycle.

6.) Interpret data from a variety of financial statements, including verifying data for business reports and creating charts and graphs for accurate reporting.

7.) Explain accounting functions of fixed assets and depreciation.

8.) Utilize research results to analyze current accounting practices as they relate to service, manufacturing, and merchandising businesses.

9.) Distinguish between ethical and unethical business decisions in the accounting profession.

10.) Apply banking and cash control functions to checks, deposits, reconciliation, petty cash, online and electronic banking, and related journal entries.

11.) Apply payroll functions to employee and employer records.

12.) Demonstrate correct procedures for completing federal, state, and local income tax forms.

13.) Interpret generally accepted accounting principles (GAAP).

14.) Demonstrate skills in communication, leadership, and teamwork.