UEN Security Office
Technical Services Support Center (TSSC)
Eccles Broadcast Center
101 Wasatch Drive
Salt Lake City, UT 84112
(801) 585-6105 (fax)
Prerequisite: None; Accounting 1 and 2 recommended
Core Standards of the Course
Complete sample day-to-day transactions, adjusting entries, and closing entries then prepare the necessary financial statements (i.e., income statement, balance sheet, statement of equity, cash flow statement).
Understand depreciation, depletion and amortization with different methods (i.e., double-declining balance, straight-line) and explain their impact on the financial statements. Calculate amounts and record applicable journal entries.
Compare and contrast multiple financing options (i.e., periodic payment note payable, lump-sum note payable, and periodic and lump-sum note payable). Calculate the carrying value, interest expense, and cash payments associated with these loan types.
Calculate financial ratios (e.g., debt-to-equity, return on equity, return on sales, current ratio), and use the ratios to analyze the financial health of a company as related to the income statement and balance sheet.
http://www.uen.org - in partnership with Utah State Board of Education (USBE) and Utah System of Higher Education (USHE). Send questions or comments to USBE Specialist - Laura deShazo and see the CTE/Business and Marketing Education website. For general questions about Utah's Core Standards contact the Director - THALEA LONGHURST .