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SBO 130 Accounting for School Business Officials
Credit Hours:  2
Effective Term: Fall 2011
SUN#: None
AGEC: 
Credit Breakdown: 2 Lectures
Times for Credit: 1
Grading Option: A/F
Cross-Listed:


Description: Overview of Arizona School Budget laws, accounting principles as applied in public school accounting covering an orientation to school finance, financial accounting, payroll and fixed assets, and audit requirements.

Prerequisites: None

Corequisites: None

Recommendations: None

Measurable Student Learning Outcomes
1. (Comprehension Level) Explain sources of public school funding.
2. (Comprehension Level) Explain the budgeting process.
3. (Comprehension Level) Define and explain the importance of financial accounting, attendance accounting, and property accounting.
4. (Application Level) Explain the need for internal and external financial reports.
5. (Analysis Level) Differentiate between internal and external audits.
6. (Comprehension Level) Describe the inter-relationships of the various subsets of an accounting system.
7. (Application Level) Apply the accounting processes relating to expenditure accounting and purchase requisitions.
8. (Knowledge Level) Identify the components of a payroll system.
9. (Comprehension Level) Explain how general fixed assets are controlled.
10. (Application Level) Maintain legal and accurate accounts to control Student Activity and Auxiliary Operations.
Internal/External Standards Accreditation
Students will demonstrate competency in the area of Practical Lab for School Business Officials according to the most current Performance Standards set by Assn. of School Business Officials International (ASBOI). The standards can be located on the web at http://asbointl.org/index.asp?bid=1068 . Open the PDF file marked Professional Standards and code of ethics.