This competency map summarizes Walter Ostrander's coursework in the MBA6014 Financial Accounting course. He has completed all assignments at the distinguished level, demonstrating mastery of accounting theories, practices, and financial statement preparation. The map outlines five competencies, including applying accounting concepts, examining regulatory and ethical issues, integrating accounting across organizations, analyzing financial information, and communicating professionally. For each competency, the document lists multiple assignments addressing topics such as inventory, bonds, internal controls, and cash flow statements.

1. COMPETENCY MAP
Walter Ostrander
COURSE:MBA6014 Financial Accounting
compiled on October 12, 2016
Apply theories, models, and practices of accounting in the construction and
analysis of financial statements.
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
COMPETENCY 1
Distinguished
Criterion - Complete Distinguished
Prepare adjusted entries.
Bank Reconciliation and Journal Entries
Criterion - Complete Basic
Record transactions pertaining to property, plant, and equipment.
Property, Plant, and Equipment Analysis
Criterion - Complete Distinguished
Prepare stockholders' equity transactions.
Stockholders' Equity
Criterion - Complete Distinguished
Prepare an income statement for a company.
Financial Statement Overview
Criterion - Complete Distinguished
Generate a bank reconciliation.
Bank Reconciliation and Journal Entries
Criterion - Complete Distinguished
Prepare a classified balance sheet.
Classified Balance Sheet
Criterion - Complete Distinguished
Prepare income statements.
Financial Performance Analysis
Criterion - Complete Distinguished
Prepare a statement of stockholders' equity for a company.
Financial Statement Overview
Criterion - Complete Distinguished
Create a statement of cash flow using the indirect method.
Statement of Cash Flows
Criterion - Complete Distinguished
Analyze financial information provided on a classified balance sheet to develop
conclusions regarding a company's performance.
Classified Balance Sheet
Criterion - Complete Distinguished
Evaluate net book value and gross profit percentages.
Classified Balance Sheet
Criterion - Complete Distinguished
Compute the current ratio for multiple companies to determine their ability to
pay short-term obligations with short-term assets.
The Effects of Transactions in T-Accounts
Criterion - Complete Distinguished
Analyze the impact of transactions on balance sheet accounts.
The Effects of Transactions in T-Accounts
Criterion - Complete Distinguished
Create T-accounts for a company using each account on a balance sheet.
RI
Criteria
Capella University - Home https://campus.capella.edu/web/competency/home
1 of 5 10/12/2016 6:28 PM

2. Assignment :
Assignment :
Assignment :
Assignment :
The Effects of Transactions in T-Accounts
Criterion - Complete Distinguished
Identify financial information for a company.
Financial Statement Overview
Criterion - Complete Distinguished
Prepare a balance sheet for a company.
Financial Statement Overview
Criterion - Complete Distinguished
Compute adjusting and closing entries.
Adjusting Entries
Examine regulatory, ethical, and credibility issues in accounting.
Assignment :
Assignment :
Assignment :
Assignment :
COMPETENCY 2
Distinguished
Criterion - Complete Distinguished
Evaluate the implications of GAAP in relation to accounting practices.
Internal Controls
Criterion - Complete Distinguished
Analyze the GAAP and ethical implications of inventory reporting methods.
Inventory Valuation Methods and Ethical Considerations
Criterion - Complete Distinguished
Apply regulatory and ethical standards to selection of inventory reporting
methods.
Inventory Valuation Methods and Ethical Considerations
Criterion - Complete Distinguished
Evaluate the ethical implications of internal controls for cash.
Internal Controls
Integrate accounting theories, models, and practices across the organization.
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
COMPETENCY 3
Distinguished
Criterion - Complete Distinguished
Evaluate current liabilities and effects on cash flow.
Current Liabilities and Cash Flow
Criterion - Complete Basic
Analyze the effects of LIFO and FIFO inventory methods on an income
statement.
Inventory Analysis
Criterion - Complete Distinguished
Generate bond interest using financial statements during key reporting
periods.
Bond Reporting
Criterion - Complete Distinguished
Generate book values of bonds for multiple financial years.
Bond Reporting
Criterion - Complete Distinguished
Analyze the implications of asset turnover ratio.
Stockholders' Equity
Criterion - Complete Proficient
Evaluate the implications of timely cash reconciliations, cash internal controls,
and net book valuations on the financial statements.
Bank Reconciliation and Journal Entries
Criterion - Complete Proficient
Analyze financial data and classifications in the statement of cash flow for a
company.
Statement of Cash Flows
RI
Criteria
RI
Criteria
Capella University - Home https://campus.capella.edu/web/competency/home
2 of 5 10/12/2016 6:28 PM

3. Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Criterion - Complete Distinguished
Apply average cost, FIFO, LIFO, and specific identification inventory methods.
Inventory Analysis
Criterion - Complete Proficient
Analyze the effects of transactions using T-accounts.
Financial Performance Analysis
Criterion - Complete Distinguished
Evaluate the implications of financial information provided on a classified
balance sheet.
Classified Balance Sheet
Criterion - Complete Distinguished
Evaluate financial statement content for bond liabilities.
Bond Reporting
Criterion - Complete Distinguished
Evaluate net profit results.
Financial Performance Analysis
Criterion - Complete Distinguished
Prepare an income statement and balance sheet.
Adjusting Entries
Criterion - Complete Distinguished
Identify information on balance and income statements for a company.
Adjusting Entries
Integrate accounting analyses into general business management planning
and decision making.
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
COMPETENCY 4
Distinguished
Criterion - Complete Distinguished
Analyze specific inventory financial data on a company's financial statements.
Inventory Analysis
Criterion - Complete Distinguished
Evaluate the impact of profit and income tax liabilities on inventory reporting
method selection.
Inventory Valuation Methods and Ethical Considerations
Criterion - Complete Distinguished
Analyze specific inventory information on a company's financial statements.
Property, Plant, and Equipment Analysis
Criterion - Complete Distinguished
Analyze financial information pertaining to stockholders' equity transactions.
Stockholders' Equity
Criterion - Complete Distinguished
Analyze impacts of current and long-term liability transactions on a company.
Current Liabilities and Cash Flow
Criterion - Complete Distinguished
Analyze financial information to develop conclusions regarding company's
performance.
Financial Performance Analysis
Criterion - Complete Distinguished
Evaluate the sources and uses of cash to make decisions for a company.
Statement of Cash Flows
Criterion - Complete Proficient
Analyze financial information pertaining to property, plant, and equipment
depreciation.
Property, Plant, and Equipment Analysis
Criterion - Complete Distinguished
Interpret ratio computations in relation to an organization's performance.
Current Liabilities and Cash Flow
RI
Criteria
Capella University - Home https://campus.capella.edu/web/competency/home
3 of 5 10/12/2016 6:28 PM

4. Assignment :
Criterion - Complete Distinguished
Analyze the relationships among balance sheets, income statements, and the
statements of cash flow.
Statement of Cash Flows
Communicate in a manner that is professional and consistent with
expectations for members of the business professions.
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
Assignment :
COMPETENCY 5
Distinguished
Criterion - Complete Distinguished
Communicate in a manner that is professional and consistent with
expectations for members of the business professions.
Inventory Analysis
Criterion - Complete Distinguished
Communicate in a manner that is professional and consistent with
expectations for members of the business professions.
Inventory Valuation Methods and Ethical Considerations
Criterion - Complete Distinguished
Communicate in a manner that is professional and consistent with
expectations for members of the business professions.
Bond Reporting
Criterion - Complete Distinguished
Communicate in a manner that is professional and consistent with
expectations for members of the business professions.
Internal Controls
Criterion - Complete Distinguished
Communicate in a manner that is professional and consistent with
expectations for members of the business professions.
Bank Reconciliation and Journal Entries
Criterion - Complete Distinguished
Communicate in a manner that is professional and consistent with
expectations for members of the business professions.
Stockholders' Equity
Criterion - Complete Distinguished
Communicate in a manner that is professional and consistent with
expectations for members of the business professions.
Property, Plant, and Equipment Analysis
Criterion - Complete Distinguished
Communicate in a manner that is professional and consistent with
expectations for members of the business professions.
Financial Statement Overview
Criterion - Complete Distinguished
Communicate in a manner that is professional and consistent with
expectations for members of the business professions.
Statement of Cash Flows
Criterion - Complete Distinguished
Communicate in a manner that is professional and consistent with
expectations for members of the business professions.
Current Liabilities and Cash Flow
Criterion - Complete Distinguished
Communicate in a manner that is professional and consistent with
expectations for members of the business professions.
Classified Balance Sheet
Criterion - Complete Distinguished
Communicate in a manner that is professional and consistent with
expectations for members of the business professions.
Adjusting Entries
Criterion - Complete Distinguished
Communicate in a manner that is professional and consistent with
RI
Criteria
Capella University - Home https://campus.capella.edu/web/competency/home
4 of 5 10/12/2016 6:28 PM

5. TECHNICAL SUPPORT IS AVAILABLE BY PHONE 24/7.
$3(//$ ,QWHUQDWLRQDO
/($51 (5 7(+ 1 ,$/ 68332 57
(;3/2 5( $3(//$ 0 2 %,/(
)$8/7
$%2 87 $3(//$
/(* $/
35,9$
/($51 (5 68332 57
)((' %$.
k DSHOOD 8QLYHUVLW$OO5LJKWV 5HVHUYHG
Assignment :
Assignment :
expectations for members of the business professions.
The Effects of Transactions in T-Accounts
Criterion - Complete Distinguished
Communicate in a manner that is professional and consistent with
expectations for members of the business professions.
Financial Performance Analysis
Note: graphs will not print for users of Internet Explorer 8 or earlier.
Capella University - Home https://campus.capella.edu/web/competency/home
5 of 5 10/12/2016 6:28 PM