Program of Studies » Accounting

Accounting

 
Accounting

ACCOUNTING is a competency-based Career & Technical Education program offered at Milford High School & Applied Technology Center. To earn completer status in this program, students must pass Accounting I & Accounting II with a grade of “C” or better. Students are eligible to earn Industry-Validated Certificates or Credentials by passing Third-Party exams administered to all completers.
 
 
Accounting I    1420
1 Credit Grades: 9-12
Any student planning on enrolling in any business program two years of accounting is mandatory…why not take it in high school and get a head start? Accounting I provides strong foundational skills for the field of business and advanced accounting. Explore the language of business. Learn the accounting cycle using manual and computerized accounting systems for sole proprietorships, and partnerships. Students learn to journalize and post daily transactions, prepare financial statements and close ledgers at the end of a fiscal period. Students will prepare payroll records that include taxes and deductions. Students are assessed on chapter work, quizzes, computer problems/projects and simulations. Students are exposed to a variety of accounting software packages such as Automated Accounting, QuickBooks Accounting. This semester course is open to any student in grades 9 - 12 who is planning a career in accounting, business management, finance, marketing, banking or plans on going into business on their own. 
Expectation: Quality Producer
 
 
Accounting II  1421 
1 Credit  Grades: 10-12
Students will expand upon the knowledge of Accounting I and explore merchandising businesses organized as a corporation, and analyze the adjustments and valuations of the business. Topics include accounting for uncollectible accounts receivables, financial statements analysis, acquiring capital for growth and development, Inventory, accruals and deferrals, as well as end of fiscal period work. Students are assessed on chapter work, quizzes, computer problems/projects and simulations. Students are exposed to a variety of accounting software packages such as Automated Accounting, QuickBooks and Peachtree Accounting. This semester course is open to any student in grades 9 - 12 who is planning a career in accounting, business management, finance, marketing, banking or plans on going into business on their own. 
Prerequisite: Successful completion of Accounting I

College Credits: Accounting II can earn college credits for sophomores, juniors and seniors through Southern New Hampshire University.

NOTE: Students that earn a grade if “C” or better in both Accounting I and Accounting II may satisfy the Fourth Math Credit as required for graduation from Milford High School. 
 
 
Accounting III   1423
1 Credit  Grades: 10-12
In this full year course, students will gain an in depth understanding to the importance of accounting as the basis of successful businesses based on well informed financial decision making. Students will expand upon the foundational skills established in Accounting I and II and obtain an insight to the thriving and dynamic field of professional accounting though various real world and simulated real world experiences. The focus will be on departmentalized and corporate accounting systems which will provide an in depth understanding how those are integrated with technology and analytics skills in order to explain the business reasons behind all types of financial transactions. Students will also use Microsoft Word, Excel, Google Docs, Google Sheets, Automated Accounting and QuickBooks Online. This course is helpful and appropriate for all students whether their interests are personal or business related and will certainly give students a head start with their future scholastic and career goals.

Students will apply their knowledge with real world activities and process journal entries for deposits, check orders and complete monthly statements for specific CTE programs.

Completion of Accounting 3 can earn 3 college credits for Financial Accounting 2 at Southern New Hampshire University’s SNHU in the High School program. (ACC 215).

Expectation: Quality Producer
Prerequisite: Successful completion of Accounting II