La. Admin. Code tit. 28 § LXVII-305

Current through Register Vol. 50, No. 11, November 20, 2024

Section LXVII-305 - Accounting

A. Competency Courses: Accounting*, Advanced/ Computerized Accounting*

B. Related Electives: Business Computer Applications I and II, Business Law, Business Machines, Cooperative Office Education, Computer Multimedia Presentations, Education for Careers*, Entrepreneurship, Financial Math, Introduction to Business, Keyboarding/Keyboarding Applications, Records Management, Telecommunications

C. Focus Statement

1. Accounting emphasizes a strong foundation in basic accounting theory and procedures along with current applications of computer technology. This combination ensures that students will master basic accounting concepts and procedures as well as a general knowledge of how to use the computer to perform accounting activities.

2. Accounting instruction plays an important role in the secondary business curriculum and can make significant contributions to the education of students. Accounting is considered the "language of business"; therefore, it is a crucial component of academic backgrounds for students who will pursue entrepreneurial adventures, professional careers, or small business ownership. All students, regardless of the profession they choose, will benefit from accounting instruction in their business and personal life since it is an integral part of every business institution and organization.

3. Some examples of employment options available upon successful completion of the Accounting career major are:

a. high school:

i. bookkeeping clerk;

ii. payroll clerk;

iii. data entry clerk;

iv. accounting clerk;

v. inventory clerk;

vi. bank teller;

b. advanced training:

i. purchasing agent;

ii. income tax preparer;

iii. auditing assistant;

iv. inventory controller;

c. 4-year degree:

i. accountant;

ii. tax accountant;

iii. governmental accountant;

iv. cost accountant;

v. business consultant;

vi. financial adviser;

vii. loan officer;

viii. internal/external auditor;

ix. cpa (requires additional certification).

*Content standard is included in this major.

Standards and Benchmarks/Academic Cross-Reference

Standard	Benchmarks	Academic Cross-References
1. Understand and apply basic accounting principles and procedures	(Recommended Grades 10-12) a. Complete the steps of the accounting cycle and explain the purpose of each step *b. Determine the value of assets, liabilities, and owner's equity according to generally accepted accounting principles, explaining when and why they are used *c. Prepare, interpret, and analyze financial statements using manual and computerized systems for service, merchandising, and manufacturing businesses d. Recognize the basic forms of business organizations (sole proprietorship, partnership, corporation, cooperative and franchise) and the related differences in accounting procedures	ELA 1 - 1,3,4,5 3 - 1,2,3 4 - 1,2,3,4,5,6 5 - 1,2,3,4,5,6 6 - 1,2,4 Mathematics N - 1/2/3/4/5/6/7 A - 1/3/4 M - 1/2/3/4 G - 6 D -1/2/3/4/5/6/7/8/9 P - 1/2/4/5	Social Studies C - A--6 E - A--1/2/3/4/ 5/6/7/8 B--1/2/3/4/5 C--1/2/3 H - B--11/12/13/14/ 15/16/17 C--15 Science SI - A--1/2/3/4/5/6/ B--1/3/5
2. Use automated accounting procedures to apply basic accounting principles and pursue advanced accounting methods	(Recommended Grades 11-12) a. Develop an awareness of the role the computer can play in maintaining accounting records b. Complete the various steps of the accounting cycle using accounting software *c. Use planning and control principles to evaluate the performance of an organization *d. Apply differential analysis and present value concepts to make decisions e. Understand the procedures used in the accounting systems of departmentalized, branch, and manufacturing business and not-for-profit organizations *f. Prepare, interpret, and analyze financial statements using manual and computerized procedures	ELA 1 - 1/3/4/5 3 - 1/2/3 4 - 1/2/3/4/5/6 5 - 1/2/3/4/5/6 6 - 1/2/4 Mathematics N - 1/2/3/4/5/6/7 A - 1/3/4 M - 1/2/3/4 G - 6 D -1/2/3/4/5/6/7/8/9 P - 1/2/4/5	Social Studies G - D--4 C - A--6 C--2/3 E - A--1/2/3/4/ 5/6/7/8 B--1/2/3/4/5 C--1/2/3 H - B--11/12/13/14/ 15/16/17 C--15 Science SI - A--1/2/3/4/5 B--1/3/5
3. Research careers and apply skills needed for initial and continued employment	(Recommended Grades 6-8) a. Identify individual assets, interests, aptitudes, talents, and occupational abilities b. Use available tools, including Internet technology, to research local, national, and global employment opportunities and qualifications (Recommended Grades 9-12) *c. Select a career pathway and complete a career plan d. Begin a personal portfolio for employment purposes e. Identify the steps to conduct a job search f. Define and demonstrate the job application process g. Identify and apply workplace skills (SCANS) to maintain successful employment *h. Evaluate various benefit packages i. Identify and define employee rights and responsibilities and review legal aspects of employment j. Relate lifelong learning to employment k. Define work ethics and professionalism	ELA 1 - 1/3/4/5 2 - 1/2/3/4/5 3 - 1/2/3 4 - 1/2/3/4/5/6 5 - 1/2/3/4/5/6 7 - 1/2/4 Mathematics N - 1/2/3/4/5/6/7 M - 1/2/3/4	Social Studies C - D--1/2/3/4 E - A--3 Science SI - A--1/2/3/4/5/6 PS - H--2/3 LS - F--3 G--1 SE - D--9

*Identifies benchmarks that encourage critical thinking

La. Admin. Code tit. 28, § LXVII-305

Promulgated by the Board of Elementary and Secondary Education, LR 30:988 (May 2004).

AUTHORITY NOTE: Promulgated in accordance with R.S. l7:6.