12/26/2024 8:29:20 PM	BMG 85.3 Course Outline as of Fall 2011	Changed Course
CATALOG INFORMATION
Discipline and Nbr:  BMG 85.3	Title:  SMALL BUSINESS RECORDS
Full Title:  Small Business Records and Cash Flow
Last Reviewed:3/28/2011

Units		Course Hours per Week			Nbr of Weeks	Course Hours Total
Maximum	1.00	Lecture Scheduled	1.00		17.5 max.	Lecture Scheduled	17.50
Minimum	1.00	Lab Scheduled	0		2 min.	Lab Scheduled	0
		Contact DHR	0			Contact DHR	0
		Contact Total	1.00			Contact Total	17.50
		Non-contact DHR	0			Non-contact DHR Total	0

Total Out of Class Hours:  35.00

Total Student Learning Hours: 52.50

Title 5 Category:  AA Degree Applicable
Grading:  Grade or P/NP
Repeatability:  00 - Two Repeats if Grade was D, F, NC, or NP
Also Listed As: 
Formerly:  BMG 85C

Catalog Description:

This course introduces the overall financial record keeping needs of a small business. Includes inventory control, cash management, budgeting, financial record keeping needed for tax reporting, managing cash flow, examining break-even analysis, and choosing or designing an adequate record keeping system.  Includes evaluating software for specific business types.

Prerequisites/Corequisites:
Course Completion or Current Enrollment in BMG 85.1 and BMG 85.12; OR Course Completion or Current Enrollment in BMG 85.2

Recommended Preparation:
Eligibility for ENGL 100 or ESL 100

Limits on Enrollment:

Schedule of Classes Information
Description:

This course introduces the overall financial record keeping needs of a small business. Includes inventory control, cash management, budgeting, financial record keeping needed for tax reporting, managing cash flow, examining break-even analysis, and choosing or designing an adequate record keeping system.  Includes evaluating software for specific business types.

(Grade or P/NP)
Prerequisites:Course Completion or Current Enrollment in BMG 85.1 and BMG 85.12; OR Course Completion or Current Enrollment in BMG 85.2
Recommended:Eligibility for ENGL 100 or ESL 100
Limits on Enrollment:
Transfer Credit:CSU;
Repeatability:00 - Two Repeats if Grade was D, F, NC, or NP

ARTICULATION, MAJOR, and CERTIFICATION INFORMATION

Associate Degree:		Effective:		Inactive:
Area:
CSU GE:	Transfer Area			Effective:	Inactive:
IGETC:	Transfer Area			Effective:	Inactive:
CSU Transfer:	Transferable	Effective:	Fall 1983	Inactive:	Spring 2017
UC Transfer:		Effective:		Inactive:
C-ID:

Certificate/Major Applicable: Certificate Applicable Course

COURSE CONTENT

Outcomes and Objectives:
At the conclusion of this course, the student should be able to:

Upon completion of the course, students will be able to:

1.  Evaluate various business record keeping systems.

2.  Manage cash flow and safeguard cash.

3.  Determine financial software appropriate to specific business types.

4.  Project income and expense forecasting for a small business.

5.  Evaluate sources for start-up capital.

Topics and Scope

1.  The record keeping function

     a.  Accrual

     b.  Cash basis

2.  Record keeping systems

     a.  Inventory control

     b.  Cash management

     c.  Budgeting

     d.  Financial record keeping for tax reporting

     e.  Break-even analysis

3.  Financial institution requirements

     a.  Preparation for reporting

           1)  I.R.S. (Internal Revenue Service)

           2)  Banking debt financing

           3)  Equity financing

     b.  Forms

     c.  Submission

4.  Software applicable to specific business types

     a.  PeachTree

     b.  Great Plains

     c.  QuickBooks

     d.  Microsoft Excel

Assignments:

1.  Record keeping problems

2.  Chart of accounts origination

3.  Budget projections

4.  Cash flow projection

5.  Final exam case study analyses

Methods of Evaluation/Basis of Grade.

Writing: Assessment tools that demonstrate writing skill and/or require students to select, organize and explain ideas in writing.		Writing 20 - 30%
Record keeping problems
Problem solving: Assessment tools, other than exams, that demonstrate competence in computational or non-computational problem solving skills.		Problem Solving 30 - 50%
Chart of accounts, budget and cash flow projections
Skill Demonstrations: All skill-based and physical demonstrations used for assessment purposes including skill performance exams.		Skill Demonstrations 0 - 0%
None
Exams: All forms of formal testing, other than skill performance exams.		Exams 20 - 30%
Final exam based on case studies
Other: Includes any assessment tools that do not logically fit into the above categories.		Other Category 0 - 10%
Attendance and participation

Representative Textbooks and Materials:

Instructor prepared materials

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