Division of Workforce Development (Careers and Continuing Education)
Internship Program Competencies
A.S. Accounting Technology 2201
Understand basic Debit and Credit rules
Analyze business transactions
Journalize and post transactions to a general ledger
Prepare a trial balance
Understand deferrals/accruals
Journalize and post adjusting entries
Prepare the four basic financial statements
Journalize and post closing entries
Prepare a bank reconciliation and the necessary related journal entries
Post, maintain, and reconcile sub-ledgers for accounts receivable and accounts payable
Be capable of assisting in the taking of a year-end physical inventory, with costing the inventory using First-in; First-out (FIFO) or Last-in; First-out (LIFO), and computing Cost of Goods sold.
Be capable of maintaining a Fixed Asset Property Control ledger and assist in the accounting for and control of Property, Plant, and Equipment
Be capable of gathering the information needed to supply necessary Payroll information to an outside Payroll Service (like Paycheck) and record the necessary General Journal entries for the payroll from the information provided by the Payroll Service.
Be capable of interviewing an individual using a checklist and gather the needed information to prepare an individual Tax Return (Form 1040).
Maintain a Job-order costing system.
Solve Cost-Volume-Profit analysis
Compute and apply predetermined overhead application rates
Work with an Activity-Based-Costing (A-B-C) system
Prepare Operating budgets including a cash budget
Solve simple capital budgeting analysis using cash payback period, internal rate of return and net present value techniques
Analyze and offer solutions to simple relevant costing decisions i.e. accept or reject special orders, make or buy, scrap or rework and drop unprofitable segments
Evaluate investment centers using ROI and/or residual income approaches
A.S. Computer Information Administrator (Help Desk Support) 2268
A.A.S. Computer Information Administrator (Help Desk Support) A268
Understand, install and configure computer hardware
Understand, install and configure computer software
Demonstrate understanding of networked environments
Demonstrate understanding of internet structure, organization and navigation
Demonstrate satisfactory performance hand lettering, drafting and sketching
Exhibit skill and accuracy in space planning
Demonstrate ability in design theory
Demonstrate presentation abilities
Demonstrate ability to easily adapt to new and unexpected situations
Demonstrate ability and knowledge of CAD
Perform basic computer skills
A.S. Business Administration 2213
A.A.S. Business Administration A213
(*additional competencies)
A.A.S. Business Administration - Marketing Management A313
(**additional competencies)
Knowledge and familiarity of different ownership forms (sole proprietary, partnership, and corporation)
Knowledge and familiarity of political economic systems (capitalism, socialism, communism, and mixed economies)
Knowledge and familiarity if role and function of entrepreneurship in free market economy
Knowledge and familiarity of roles of managers and employees in a business organization (planning, organizing, leading, and controlling)
Knowledge and familiarity with the marketing functions (product, place, promotion, price) and their functioning under government regulatory agencies
Knowledge and familiarity with accounting statements such as balance sheet, income statement and budget
Knowledge and familiarity of the Microsoft Office Suite (Word, Excel, PowerPoint, Access)
Knowledge and familiarity with business law principles including employment law and business ethics
Knowledge and familiarity with of securities markets, Federal Reserve, and raising capital *,**
Knowledge and familiarity creating effective written communication tools (Business letters, reports, memos and e-mail) *,**
Knowledge and familiarity of the human resource functions of recruitment, selection, training, evaluation and compensation of employees *
Knowledge and familiarity of supervising and leadership pf employees such as conducting meetings, providing feedback, evaluating performance and training *
Knowledge and familiarity with sales, contracts and commercial paper as it relates to business law *
Knowledge and familiarity with electronic and commerce technology as it relates to web-site design and marketing *
Knowledge and familiarity of salesmanship as it relates to consumer behavior, market research , sales promotion and communication **
Knowledge and familiarity of the retail industry as it relates to store location, layout and design and entrepreneurship **
Knowledge and familiarity of the advertising functions including direct mail, digital, television and print **
Knowledge and familiarity of market research, the design and development of the research study, collection analysis and presentation of the results **
A.S. Legal Studies 2299
A.A.S. Legal Studies A299
Obtain practical understanding of law office organization and functions
Become competent in file management
Draft correspondence and/or pleadings
Obtain information from clients
Perform other factual research
Perform legal research
Summarize deposition, medical information, or other data
Perform keyboarding and document processing activities
Perform records management activities
Perform communication activities
Demonstrate knowledge of human relations skills
Perform information processing activities
Perform information transmittal activities
Demonstrate knowledge of reprographic (copy machine) activities
Perform decision-making activities
Perform office management activities
General Technical Skills/Competencies
Meet with clients along with their supervisor and will ask questions to understand the client’s attitudes about money, risk tolerance and goals
Collect pertinent financial information from the client on forms and through questions. This information will cover the client’s current income, investments and insurance along with data for a cash flow statement and balance sheet
Input the data and develop a financial planning software and use the software to help analyze the data and develop a financial plan
Work with their supervisor to analyze the results from the planning software, check assumptions and customize the plan for the client
Make any necessary changes in the plan, gathering more data if necessary and then print a plan and reports in a format suitable for presentation to the client