Can anyone tell me if they have taken any of the Penn Foster courses and received upper level credit at ECE? I am specifically wondering about Intermediate Accounting I & II and Cost Accounting? These show they are ACE approved for upper level credit but before I jump I wanted to confirm. I have sent an email to ECE busteam but have not gotten a response.
Cost Accounting
ACE Transcript Data: ICS-0089
Organization: PENN FOSTER College
Version 2
Location: Self-study.
Length: Correspondence program.
Dates: March 1999 – Present
Description: Self-Study. The student will be able to use cost data in budgeting and capital planning for various types of manufacturing operations; use a personal computer to perform various accounting functions.
Objective: To provide the student with understanding of cost accounting concepts and transactions.
Learning Outcome: Upon successful completion of this course, the student will be able to explain the necessity for cost information; record entries dealing with raw materials acquisition, labor cost, overhead costs, warehousing, and sales; interpret a job cost system after it is installed; account for work in process in proper terms; use cost data in budgeting and capital planning for various types of manufacturing operations; and use a personal computer to perform various accounting functions.
Instruction: Major topics covered in the course are cost accounting concepts and the interpretation of reports, development of timekeeping and payroll procedures, the setting of overhead rates, accounting for by-products, development of cost analyses, process cost accounting, job order cost accounting, standard cost, cost accounting as a management tool, and the use of computers in solving cost accounting problem. Methods of instruction include self study, texts, study guides, and proctored final examination.
Credit Recommendation: In the lower division baccalaureate/associate or upper division baccalaureate degree category, 3 semester hours in Cost Accounting (12/00) (6/07).
Keeping my fingers crossed!!
Cost Accounting
ACE Transcript Data: ICS-0089
Organization: PENN FOSTER College
Version 2
Location: Self-study.
Length: Correspondence program.
Dates: March 1999 – Present
Description: Self-Study. The student will be able to use cost data in budgeting and capital planning for various types of manufacturing operations; use a personal computer to perform various accounting functions.
Objective: To provide the student with understanding of cost accounting concepts and transactions.
Learning Outcome: Upon successful completion of this course, the student will be able to explain the necessity for cost information; record entries dealing with raw materials acquisition, labor cost, overhead costs, warehousing, and sales; interpret a job cost system after it is installed; account for work in process in proper terms; use cost data in budgeting and capital planning for various types of manufacturing operations; and use a personal computer to perform various accounting functions.
Instruction: Major topics covered in the course are cost accounting concepts and the interpretation of reports, development of timekeeping and payroll procedures, the setting of overhead rates, accounting for by-products, development of cost analyses, process cost accounting, job order cost accounting, standard cost, cost accounting as a management tool, and the use of computers in solving cost accounting problem. Methods of instruction include self study, texts, study guides, and proctored final examination.
Credit Recommendation: In the lower division baccalaureate/associate or upper division baccalaureate degree category, 3 semester hours in Cost Accounting (12/00) (6/07).
Keeping my fingers crossed!!
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