BA 212 : Principles of Accounting II

Continues the presentation of fundamental issues begun in BA 211. Introduces statement of cash flows and financial statement analysis.

This is the second term of the traditional accounting principles sequence. The course emphasis continues to be on the application of Generally Accepted Accounting Principles (GAAP) to the recording and reporting of financial information, the underlying theoretical foundations of accounting, and the analytical skills needed by business and accounting students.

An understanding of accounting is necessary to examine the performance and financial health of a business. For this reason, accounting is often referred to as the ‘language of business’. This course is the ideal way for students to acquire a valuable skill as well as begin to develop an appreciation of the role of accounting in the evaluation and management of a business. Accordingly, it is recommended as a course both for students interested in business generally, and for those planning a career in accounting.


Equivalent placement test scores also accepted.

Course Outcomes

Upon completion of the course students will be able to:

  • Use debit and credit accounting to record and adjust basic business transactions.
  • Prepare multi-step income statements, classified balance sheets, statements of retained earnings and statements of cash flows.
  • Demonstrate knowledge of each step in the accounting cycle. 
  • Use Generally Accepted Accounting Principles (GAAP) to record common business transactions involving long-term assets, investments, liabilities and stockholders' equity.
  • Use basic financial statement ratio analysis to evaluate financial performance.

Course Adoption Date

Course Revision Date





Grading Options

Letter Grades


Audit Available