{"@context":"https://w3id.org/openbadges/v2","id":"https://milestone.campuslabs.com/api/v20/badge/292404558/","uid":"292404558","name":"Foundations of Accounting","description":"The Foundations of Accounting badge introduces leaners to the economic events that impact the accounting process, the basic accounting cycle, the preparation of the four primary financial statements, managerial accounting topics and the use of accounting in managerial decision making.","type":"BadgeClass","image":"https://milestone.campuslabs.com/milestone/media/badge_image_uploads/2025/01/08/HC_SA_Business_FoundationsOfAcctg_F_gTMx7HB.png","criteria":{"id":"https://milestone.campuslabs.com/org/1323717515/badge/292404558","narrative":":multi: This FOUNDATIONAL level badge is equivalent to a 3-credit, master's-level course. A final grade of B or better is required to earn this badge. -- 1. Demonstrate knowledge of financial accounting terminology.\n2. Describe the steps of the accounting cycle.\n3. Record the effects of transactions in accordance with generally accepted accounting principles.\n4. Prepare and interpret profitability and solvency ratios.\n5. Interpret the stockholders’ equity of a corporate balance sheet\n6. Identify proper presentation and disclosure of data within the financial statements. "},"issuer":"https://milestone.campuslabs.com/api/v20/issuer/1323717515/","tags":["Analytical","Critical Thinking","Communication","Technical Literacy"],"alignment":[{"targetName":"Communication","targetUrl":"https://www.hood.edu/offices-services/institutional-assessment/institutional-learning-outcomes","targetDescription":"The badge earner will communicate clearly and effectively in oral, written and/or visual formats, consistent with the standards of their discipline.","targetCode":"GSO_Comm"},{"targetName":"Critical Reasoning","targetUrl":"https://www.hood.edu/offices-services/institutional-assessment/institutional-learning-outcomes","targetDescription":"The badge earner will approach content and tasks with a critical awareness, framed by knowledge and skills appropriate to their discipline.","targetCode":"GSO_CriReas"},{"targetName":"Research","targetUrl":"https://www.hood.edu/offices-services/institutional-assessment/institutional-learning-outcomes","targetDescription":"The badge earner will identify and explore relevant questions and/or problems by accessing, evaluating, applying and/or conducting research using discipline-specific strategies.","targetCode":"GSO_Res"},{"targetName":"Problem Solving","targetUrl":"https://www.hood.edu/offices-services/institutional-assessment/institutional-learning-outcomes","targetDescription":"The badge earner will apply advanced disciplinary content knowledge and strategies to understand and address problems and questions relevant to their discipline and to which they have not previously been introduced.","targetCode":"GSO_ProbSolv"},{"targetName":"Professionalism","targetUrl":"https://www.hood.edu/offices-services/institutional-assessment/institutional-learning-outcomes","targetDescription":"The badge earner will engage in legal, ethical and professional behaviors consistent with their discipline, including leadership, teamwork and/or other responsibilities to key stakeholders.","targetCode":"GSO_Prof"}]}