GCOOL 111: Accounting for Golf Operations Part #1, presents accounting concepts and explains how they apply to specific operations within the club industry. The text was written for managers in the club industry and students in two-year and four-year college-level courses.
Prerequisites: It is helpful if students have a very basic understanding of accounting. Students must have strong written and computer skills. Students are required to have computer access and high-speed Internet, Microsoft Office 2003 software, Adobe Reader and Shockwave Player.
Corequisite: None
Crosslisted: None
Accessibility Services Notice
Students who would like an academic accommodation and who have a documented disability should contact Accessibility Services, if they have not already done so.Course Details| Total number of weeks | 12 |
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| Total Credits | 3.00 |
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| Total Hours | 45 |
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Typical hours per week breakdown
Learning Outcomes
Upon successful completion of this course, the learner will be able to:
- describe the characteristics of the club industry and identify the functions of club accounting;
- identify and explain several generally accepted accounting principles and apply them to the club industry;
- identify the content, uses, and purposes of the three major financial statements;
- apply and interpret several financial ratios that help club managers better manage and organize operations;
- explain cost concepts and apply them to club operations; and
- differentiate between operations budgets, cash budgets, and capital budgets and describe the nature and function of each.
Grading Table
| Percentage |
Letter Grade |
GPA |
| 95 - 100 |
A+ |
4.33 |
| 90-94 |
A |
4.00 |
| 88-89 |
A- |
3.67 |
| 85-87 |
B+ |
3.33 |
| 80-84 |
B |
3.00 |
| 78-79 |
B- |
2.67 |
| 75-77 |
C+ |
2.33 |
| 70-74 |
C |
2.00 |
| 68-69 |
C- |
1.67 |
| 65-67 |
P |
1.00 |
| 64 and below |
F |
0.00 |
See the Academic Calendar for General Information including how to withdraw from course(s) and other regulations.
Disclaimer
Information contained in this course outline is correct at the time of publication. Content of the course is revised on an ongoing basis to ensure relevance to changing educational, employment and market needs. The instructor will endeavor to provide notice of changes to students as soon as possible. The instructor reserves the right to add or delete material from courses.