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Browse South Dakota State Standards
Courses:: Accounting
Standards:
1. Accounting Cycle - Complete the various steps of the accounting cycle and explain the purpose of each step.
2. Accounting Process - Determine the value of assets, liabilities, and owner's equity according to generally accepted accounting principles, explaining when and why they are used.
3. Financial Statements - Prepare, interpret, and analyze financial statements using manual and computerized systems for service, merchandising, and manufacturing businesses.
4 Special Applications - Apply appropriate accounting principles to various forms of ownership, payroll, income taxation, and managerial systems.
5 Interpretation and Use of Data - Use planning and control principles to evaluate the performance of an organization and apply differential analysis and present value concepts to make decisions.
2. Accounting Process - Determine the value of assets, liabilities, and owner's equity according to generally accepted accounting principles, explaining when and why they are used.
3. Financial Statements - Prepare, interpret, and analyze financial statements using manual and computerized systems for service, merchandising, and manufacturing businesses.
4 Special Applications - Apply appropriate accounting principles to various forms of ownership, payroll, income taxation, and managerial systems.
5 Interpretation and Use of Data - Use planning and control principles to evaluate the performance of an organization and apply differential analysis and present value concepts to make decisions.