Understanding A1.1.1 Describe career opportunities in the accounting profession. Examples: career opportunities • Identify in the accounting profession skills and • Identify competencies necessary to accomplish educational requirements job opportunities • Identify within the accounting profession Indicator #2: Examine the role of accounting in business. Standard and Examples Bloom’s Taxonomy Level Analyzing A1.2.1 Compare and contrast various types of business ownership and accounting principles that apply. Examples: Explain how the different • forms of business ownership are reported in the financial statements Classify business ownership • as sole proprietorship, partnership or corporation Explain how and why the • concepts and the generally accepted accounting principles provide guidance and structure for preparing financial statements
Understanding A1.1.1 Describe career opportunities in the accounting profession. Examples: • Identify career opportunities in the accounting profession • Identify skills and competencies necessary to accomplish educational requirements • Identify job opportunities within the accounting profession Indicator #2: Examine the role of accounting in business. Bloom’s Taxonomy Level Standard and Examples Analyzing A1.2.1 Compare and contrast various types of business ownership and accounting principles that apply. Examples: • Explain how the different forms of business ownership are reported in the financial statements • Classify business ownership as sole proprietorship, partnership or corporation • Explain how and why the concepts and the generally accepted accounting principles provide guidance and structure for preparing financial statements