CLUSTER Engineering and Technical

CONCENTRATION: Mining Extraction

WVEIS CODE ET 2180

ONET CODES and OCCUPATIONS ONET: 47-5041.00 - Continuous Mining Machine OperatorsONET: 53-7033.00 - Loading Machine Operators, Underground MiningONET: 47-5042.00 - Mine cutting and Channeling Machine OperatorsONET: 17-3011.01 - Architectural DraftersONET: 17-3013.00 - Mechanical DraftersONET: 51-4041.00 - MachinistsONET: 13-2011.01 - AccountantsONET: 43-3031.00 - Bookkeeping, Accounting and Auditing ClerksONET: 15-1199.04 - Geospatial Information Scientist and TechnologistONET: 15-1199.05 - Geographic Information Systems Technician

NATIONAL STANDARDS & INDUSTRY CREDENTIALCareer One Stop - http://www.careeronestop.org/CompetencyModelWest Virginia Department of Miners Health Safety and Training (MSHA), Underground Training (80 hrs.), Red Hat Above Ground Training (40 hrs.)

Sample of job titles upon completion of the concentration: Loader Operator, Miner Operator, Loading Machine Operator, Shuttle Car Operator, Load Haul Dump Operator (LHD Operator), Underground Miner, Driller Helper, Miner Helper, CAD Technician, Drafter, Mechanical Drafter, CAD Operator, Bookkeeper, GIS Technician.

REQUIRED COURSES (first two are required)WVEIS Code Course2470 Blueprint for Success2490 Mining Technology

WVEIS Code Select Two Specialization Courses2491 Mining Mechanical Systems2492 Welding for Mining Extraction2493 Electrical Maintenance for Energy/Mining Extraction2495 ArcGIS1903 Fundamentals of Machine Tool Technology1875 Hydraulic and Pneumatic Systems 1718 Introduction to Computer Aided Drafting1411 Business Computer Applications1401 Accounting Principles I

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SKILLS SETSCareer Preparation SkillsSafetyLeadership DevelopmentCustomer and Personal ServicePersonal Effectiveness CompetenciesAcademic CompetenciesWorkplace CompetenciesOrientation to Surface Coal MiningSafety Requirements in the Coal IndustryBasic Welding Safety and OperationOrientation to Underground Coal MiningBasic First AidMathematical OperationsElectricity and Electronics FluidicsWelding Safety Oxyfuel Cutting Shielded Metal Arc Welding- plateGas Metal Arc Welding- plateElectrical SafetyMathematical ApplicationsBasic ElectricalElectric Motors Geospatial DesignMachine Tool FundamentalsHydraulic SystemsPneumatic SystemsBasic Computer Aided DraftingBasic Computer ApplicationsAccounting PrinciplesAccounting Processes

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Skill set Career Preparation Skills, Safety, Leadership Development and Customer and Personal Service should be integrated throughout the concentration as remaining skill sets are delivered.

Skill Set Career Preparation Skills

Knowledge Objectives Students will demonstrate knowledge of

career paths. goal development and achievement. attitudes and work habits that support career retention and advancement. communication in varied contexts.

Performance Objectives Students will

relate skills and abilities to possible career pathways. explain methods of goal development. discuss methods of time management and task coordination. practice professionalism in punctuality, appropriate dress, task completion, etc. investigate methods of supervision such as giving and receiving feedback and

instruction. develop and present a statement of their personal work ethic beliefs. prepare an application, cover letter, resume and thank you letter. create a personal portfolio for use when applying for employment. practice simulated job interviews.

Skill Set Safety

Knowledge Objectives Students will demonstrate knowledge of

performing tasks in a safe manner. safety procedures required when using hazardous materials. proper use of tools and equipment associated with mining extraction. proper use of shop equipment.

Performance Objectives Students will

define personal and environmental safety on the job. anticipate and avoid or mitigate potential safety risks. demonstrate the proper use of shop equipment and tools used in mining

extraction. demonstrate proper lifting procedures. explain the purpose and requirements of MSDS. explain and demonstrate the proper lock-out and tag-out procedures. select personal protection equipment (PPE); inspect to insure fit, operation,

and maintenance.Skill Set Leadership Development

Knowledge Objectives Students will demonstrate knowledge of

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public speaking. parliamentary law. leadership concepts. characteristics of effective teams and organizations.

Performance Objectives Students will

develop and deliver speeches. participate in meetings using parliamentary procedure. attend leadership conferences or training. (local, state, national) volunteer in community service opportunities. participate in career development events.

Skill Set Customer and Personal Service

Knowledge Objectives Students will demonstrate knowledge of customer needs assessment. quality standards of service. assessing customer satisfaction.

Performance Objectives Students will

plan work procedures, using charts, technical manuals, and experience. follow up; keep customer/client informed about parts and the repair process. test and adjust repaired systems to meet manufacturers performance

specifications. advise management regarding customer satisfaction, product performance, or

suggestions for product improvement. explore elements of diversity. explain motivational barriers.

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Blueprint for Success WVEIS 2470

National Standard: The US Department of Labor Employment and Training Administration (ETA) Industry Competency Model Framework for Personal Effectiveness Competencies located at the Competency Model Clearinghouse: http://www.careeronestop.org/competencymodel/pyramid.aspx

Skill Set Personal Effectiveness Competencies

Knowledge Objectives Students will demonstrate knowledge of

interpersonal skills. integrity. professionalism. initiative. dependability and reliability. willingness to learn.

Performance Objectives Students will

demonstrate concern for others. demonstrate insight into behavior. maintain open communication. respect diversity. behave ethically. act fairly. take responsibility. demonstrate self-control. maintain professional appearance and demeanor. remain free from substance abuse. maintain a positive attitude. pursue work with energy and drive and persist at a task. takes initiative and seeks challenges. establishes and maintains realistic work goals. perform effectively with minimal direction. strive to exceed standards and expectations. behave consistently and predictably and is reliable, responsible and

dependable. demonstrate regular and punctual attendance. check work to consider all details and detect errors or inconsistencies. take prompt, thorough action to correct errors. follow written and verbal directions. comply with organizational rules, policies and procedures. demonstrate an interest in personal learning and development. seek feedback from multiple sources and modify behavior based on feedback

and self-analysis. take steps to develop and maintain knowledge and skills. anticipate changes in work demands and view unexpected circumstances as

opportunities to learn.

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make insightful career planning decisions.Skill Set Academic Competencies

Knowledge Objectives Students will demonstrate knowledge of

reading. writing. mathematics. science and technology. communication - listening and speaking.

Performance Objectives Students will

locate, understand and interpret written information. identify details, inconsistencies, implied information, trends, etc. in reading

materials. evaluate and analyze information in written materials. integrate and synthesize information from multiple written materials. apply written materials to follow instructions and complete specific tasks. create documents in a logical, organized, well-developed and coherent

manner. use: standard syntax and sentence structure; correct spelling,

punctuation and capitalization; and appropriate grammar. write in an appropriate manner and tone for business and use language

appropriate for target audience. demonstrate basic quantification and computation skills. take, use, convert and report measurements accurately. translate practical problems into useful mathematical expressions. understand and apply basic scientific principles and use applicable

technology. express information to individuals or groups in a clear, confident and

organized manner using common English conventions. receive, attend to, interpret and understand verbal messages including

complex instructions. appreciate feelings and concerns of verbal messages. attend and respond to nonverbal cures. practice meaningful two-way communication. present thoughts and ideas persuasively to ensure support from others. demonstrate inductive and deductive reasoning sufficient to review,

analyze, synthesize and compare and interpret information. identify connections between issues and orient to new assignments. demonstrate use of basic computer hardware and software. explain common computer terminology. enter data into computer files. use word processing programs to create, edit and retrieve document

files.Skill Set Workplace Competencies

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Knowledge Objectives Students will demonstrate knowledge of

teamwork. adaptability/flexibility. customer focus. planning and organizing. creative thinking. problem solving and decision making. working with tools and technology. workplace computer applications. scheduling and coordinating. checking, examining and recording. business fundamentals.

Performance Objectives Students will

develop constructive and cooperative working relationships and team membership.

demonstrate methods of conflict resolution. employ unique analyses and consider the merits of new approaches. examine actions to deal with ambiguity. maintain a customer focus. approach work in a methodical manner keeping track of details, prioritizing

tasks and planning work efficiently. estimate resources needed for project completion including allocating time and

other resources effectively and coordinating efforts and tracking progress. identify patterns and trends to see the big picture and understand pieces of a

system as a whole. employ techniques of problem solving and decision making such as problem

identification, information gathering, alternatives generation, solution choice and solution implementation.

apply workplace specific use of tools and technology. apply effective principles of scheduling and coordinating making arrangements

for traveling and meetings, informing others of arrangements, verifying arrangements, recognizing and mediating problems, etc.

coordinate schedules of self and colleagues. coordinate transition of employees at change of shifts. detect and correct errors. process forms, orders, reports and other paperwork in a timely manner. maintain and update logs, records and files. examine the missions and functions of organizations. explain roles within organizations and the impact of a company’s well-being

on employees. demonstrate appropriate business ethics acting with respect for coworkers and

customers and acting in the best interest of the company, the community and the environment.

comply with applicable laws and rules governing work regarding company property.

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examine market trends in the industry and a company’s position in the market.explain competition and organizational strategies to maintain competitiveness.

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Mining Technology WVEIS 2490Skill Set Orientation to Surface Coal Mining

Knowledge Objectives Students will demonstrate knowledge of developing sources of information about basic surface coal mining.

Performance Objectives Students will

identify surface mining terms. describe different surface mine operational steps. recognize different types of surface mine machinery.

Skill Set Safety Requirements in the Coal Industry

Knowledge Objectives Students will demonstrate knowledge of general mining safety. working around heavy equipment. haulage safety and terms. electrical hazards in the coal industry. the workings of a preparation plant or tipple.

Performance Objectives Students will

recognize accident causes and prevention. describe how to prevent injuries to hands and fingers. identify personal safety equipment. list procedures for cleaning coal. describe the selection of proper tools for the tasks. explain slips and falls. indentify the dangers’ of noise and describe the different types of noise

protection. demonstrate knowledge of shot firer signals, misfires, overshooting and

undershooting. explain safety around bulldozers, scrapers, and graders. differentiate between drills, augers, and high wall mining machines. describe the difference between shovels and draglines. describe the operations of front-end loaders. explain the possible hazardous conditions associated with high wall mining

and spoil banks. describe the warning signs at highwalls and spoil banks. explain safe practices to be used on haulage roads. exhibit safe practices for haulage equipment operation. explain causes and conditions that cause electrical accidents. describe how to remove a person from electrical contact. identify terms associated with a preparation plant or tipple. describe the conveyor belt system. explain the safe ways to railroad car dropping.

Skill Set Basic Welding Safety and Operation

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Knowledge Objectives Students will demonstrate knowledge of the operation and safety of welding equipment.

Performance Objectives Students Will identify and demonstrate the proper use of welding personal protective

equipment. explain how to store and handle compressed gas cylinders. identify and use gas welding components. identify and demonstrate use of the welding process.

Skill Set Orientation to Underground Coal Mining

Knowledge Objectives Students will demonstrate knowledge of developing sources of information about basic underground coal mining. fire prevention and control. explosives and blasting safety. health and sanitation.

Performance Objectives Students will identify underground mining terms. describe different underground mine operational steps. recognize different types of underground mine machinery. identify potential fire hazards. explain the principles of firefighting. describe the locations of firefighting equipment. define blasting methods, terms and procedures. describe the hazards of radio, cell phone frequency energy. identify the dangers of dust and describe the different types of dust protection.

Skill Set Basic First Aid

Knowledge Objectives Students will demonstrate knowledge of the needs and requirements of mining first aid.

Performance Objectives Students will demonstrate the steps of cardiopulmonary resuscitation. explain the proper steeps for controlling bleeding. describe the means of preventing shock. demonstrate how to protect wounds and to install proper dressings. describe the correct steps for treating burns and scalds. describe the correct methods for handling and transportation of a victim.

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Mining Mechanical SystemsWVEIS 2491Skill Set Mathematical Operations

Knowledge Objectives Students will demonstrate knowledge of

accurate measurement practices. applicable algebraic computations. critical thinking skills.

Performance Objectives Students will

demonstrate the use of English and Metric measurement. perform mathematical computations as they relate to mining services activities. interpret various charts, graphs and drawings. generate ideas and design solutions to problems. test the solution to a variety of mechanical problems. analyze test results to evaluate the success of solutions.

Skill Set Electricity and Electronics

Knowledge Objectives Students will demonstrate knowledge of

basic requirements for an electrical circuit. solving problems involving simple circuitry.

Performance Objectives Students will

define electric charge and electric current. differentiate between insulators, conductors and semi-conductors. define current, voltage and resistance. explain the theory of ohm’s law. utilize a multi-meter. describe the law of magnetism. list the steps to fill out a lock out tag. demonstrate how to bend and strip wire. draw a wiring diagram. measure voltage using alligator clips and a multi-meter. demonstrate how to wire an ac motor (single phase and 3 phase).

Skill Set Fluidics

Knowledge Objectives Students will demonstrate knowledge of

the basic principles of fluidics as they apply to various devices and operations.

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Performance Objectives Students will compare and contrast the basic principles of pneumatics and hydraulics. evaluate devices that operate on the principles of pneumatics and hydraulics. demonstrate how flow and pressure control systems, fluid pumps, motors, and

actuators function. apply hydraulic and pneumatic connections to components. assess friction bearings and mechanical seals. demonstrate the different uses of control valves. compare and contrast the difference between oil, grease and synthetic

lubricants. evaluate the operation of fluid motors and pumps which require alignment of

drive mechanisms.

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Welding for Mining Extraction WVEIS 2492Skill Set Carbon Steel Plate Welding

Knowledge Objectives Students will demonstrate knowledge of

the basic setup and use of shielded metal arc welding and gas metal arc welding for the coal industry.

Performance Objectives Students will explain safety procedures when working with Oxyfuel and electric arc welding

equipment. perform safety inspections of equipment and accessories. setup and use Oxyfuel cutting equipment. setup for SMAW operations on plain carbon steel plate. operate SMAW equipment to make fillet welds in flat and horizontal positions. operate SMAW equipment to make groove welds in flat and horizontal

positions. setup for (GMAW) operations on carbon steel plate. operate GMAW equipment to make fillet welds in flat and horizontal position. finish metal surfaces with hand and power tools. perform horizontal and flat qualification test on carbon steel plate.

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Electrical Maintenance for Energy and Mining WVEIS 2493Skill Set Electrical Safety

Knowledge Objectives Students will demonstrate knowledge of

basic electrical safety for the coal industry.

Performance Objectives Students will describe the effect of current on a human body. explain what to do for victims of electrical shock describe typical shock hazards in the coal industry. identify various types of safety devices used with electricity. list general safety precautions when working with electricity. list and describe the safe use of basic hand tools and power tools used in the

field of electricity. demonstrate and use properly an ammeter, ohmmeter and a voltmeter. explain the difference between power and control circuits. define electric charge and electric current. differentiate between insulators, conductors and semi-conductors. define current, voltage and resistance. explain the theory of ohm’s law. utilize a multi-meter. describe the law of magnetism. list the steps to fill out a lock out tag.

Skill Set Mathematical Applications

Knowledge Objectives Students will demonstrate knowledge of

accurate measurement practices. applicable algebraic computations. critical thinking skills.

Performance Objectives Students will

demonstrate the use of English and Metric measurement. perform mathematical computations as they relate to mining services activities. interpret various charts, graphs and drawings. calculate branch circuit loads.

Skill Set Basic Electrical

Knowledge Objectives Students will demonstrate knowledge of

basic circuits. rotation of electric motors.

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Performance Objectives Students will

list and schematically represent the components that make up a basic electrical circuit.

construct, solve and troubleshoot series, parallel and complex circuits. properly remove insulation and make a tap, pigtail and western union splices. apply solderless terminals, wire nuts, and insulating tape to the ends of various

sized wires.

Electric Motors identify parts of a three-phase motor. describe current flow in a three-phase motor. rewire a three-phase motor to change motor rotation. describe current flow in a DC motor. rewire a DC motor to change motor rotation.

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ArcGIS WVEIS 2495Skill Set Geospatial Design

Knowledge Objectives Students will demonstrate knowledge of

basic map projections. using geospatial technology to explore and investigate problems. map layers and attribute tables. basic data symbolization. building models for Geographic Information Systems (GIS) analysis..

Performance Objectives Students will

create, edit, or analyze geospatial data, using global Positioning systems (GPS) or digitizing techniques.

produce data layers, maps, tables, or reports, using spatial analysis procedures or Geographic Information Systems (GIS) technology, equipment, or systems.

interpret aerial or ortho photographs. analyze Geographic Information Systems (GIS) data to identify spatial

relationships or display results of analyses, using maps, graphs, or tabular data. design or prepare graphic representations of geographic information systems (GIS)

data, using GIS hardware or software applications. analyze Geographic Information Systems (GIS) data to determine the best

locations for renewable energy sites, including solar or wind energy installations.

investigate coal production and consumption using GIS.

Text books and Lessons: Introduction to Geospatial Technology and aGIS in Science, Technology, Engineering, & Mathematicsactivities from http://ei.lehigh.edu/eli/energy/index.html, using WebGIS

GIS Tutorial 1 Basic Workbook from ESRIlessons from edcommunity.esri.com

Lehigh Energy curriculum and the edcommunity.esri.com lessonsLesson activities

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Fundamentals of Machine Tool Technology WVEIS 1903Skill Set Machine Tool Fundamentals

Knowledge Objectives Students will demonstrate knowledge of

the types of steel used in general fabrication work. the basic forms that steel comes to the shop from the supplier. materials and processes in relation to machining. the basic nomenclature and symbols for blueprint reading.

Performance Objectives Students will

identify the types of steel and their differing characteristics and attributes. solve problems involving heat flow and temperature. review sample parts, blueprints, drawings, and engineering information to

determine methods and sequences of operations needed to fabricate products, and determine product dimensions and tolerances.

measure, examine, or test completed units to check for defects and ensure conformance to specifications, using precision instruments, such as micrometers.

calculate dimensions and tolerances using knowledge of mathematics and instruments such as micrometers and vernier calipers.

lay out, measure, and mark metal stock to display placement of cuts. measure and mark reference points and cutting lines on workpieces, using

traced templates, compasses, and rules. select the appropriate tools, machines, and materials to be used in preparation

of machinery work. align and secure holding fixtures, cutting tools, attachments, accessories, or

materials onto machines. position and fasten work pieces. set up, adjust, and operate all of the basic machine tools and many specialized

or advanced variation tools to perform precision machining operations. measure and mark reference points and cutting lines on workpieces, using

traced templates, compasses, and rules. set up or operate metalworking, brazing, heat-treating, welding, or cutting

equipment. shrink-fit bushings, sleeves, rings, liners, gears, and wheels to specified items,

using portable gas heating equipment.

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Hydraulic and Pneumatic Systems WVEIS 1875Skill Set Hydraulic Systems

Knowledge Objectives Students will demonstrate knowledge of

the operating principals of hydraulic systems. the components, component functions and maintenance procedures of

hydraulic systems.Performance Objectives Students will

measure the volume, capacity, velocity, flow and speed in a hydraulic system. explain the mechanical advantages of using hydraulic power. explain the basic principles of hydraulics. describe quantitatively the relationship between force area, and pressure. interpret graphic hydraulic diagrams. identify the six essential elements of a hydraulic circuit. describe the function and types of hydraulic pumps. assemble a basic hydraulic system. test mechanical products and equipment after repair or assembly to ensure

proper performance and compliance with manufacturers' specifications.Skill Set Pneumatic Systems

Knowledge Objectives Students will demonstrate knowledge of the operating principles of pneumatic systems. the components and component functions of pneumatic systems

Performance Objectives Students will

apply Charles’ Law in a pneumatic system. apply the combined gas law in a pneumatic system. explain the mechanical advantages of using pneumatic systems. explain the basic principles and application of air compression. explain the production of pneumatic pressure in a pneumatic system. interpret graphic pneumatic diagrams. identify the seven basic components of a pneumatic system. describe the function and types of pneumatic seals. assemble a basic pneumatic circuit. test mechanical products and equipment after repair or assembly to ensure

proper performance and compliance with manufacturers' specifications.

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Introduction to Computer Aided Drafting WVEIS 1718Skill Set Basic Computer Aided DraftingKnowledge Objectives Students will demonstrate knowledge of

design techniques, tools, and principles involved in production of precision technical plans, blueprints, drawings and models.

arithmetic, algebra, geometry, calculus, statistics and their applications. the practical application of computer-aided drafting.

Performance Objectives Students will

explore basic drafting techniques. create freehand drawings and lettering to accompany drawings. draw 2D geometric shapes. demonstrate proper use of modify commands. demonstrate proper use of drawing aids. reproduce drawings using transparent paper or cloth, ink, pencil, and standard

drafting instruments. draw rough and detailed scale plans for foundations, buildings and structures,

based on preliminary concepts, sketches, engineering calculations, specification sheets and other data.

operate computer-aided drafting (cad) equipment or conventional drafting station to produce designs, working drawings, charts, forms and records.

lay out and draw schematic, orthographic or angle views to depict functional relationships of components, assemblies, systems and machines.

apply dimensioning, geometric construction and geometric tolerancing to drawings using both English and Metric systems.

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Business Computer Applications I BM1411Skill Set Clerical ApplicationsKnowledge Objectives Students will demonstrate knowledge of

administrative and clerical procedures and systems. word processing. managing files and records. designing forms. other office procedures and terminology.

Performance Objectives Students will

answer telephones and give information to callers, take messages or transfer calls to appropriate individuals.

file and maintain records. compile, copy, sort and file records of office activities, business transactions

and other activities. make copies of correspondence or other printed material. review work done by others to check for correct spelling and grammar, ensure

that company format policies are followed and recommend revisions. compose, type and distribute meeting notices, routine correspondence and

reports. gather, register and arrange the material to be typed, following instructions. review correspondence for format and typographical accuracy, assemble the

information into a prescribed form with the correct number of copies and submit it to an authorized official for signature.

Skill Set Basic Computer ApplicationsKnowledge Objectives Students will demonstrate knowledge of

electronic equipment. computer hardware and software, including applications.

Performance Objectives Students will

differentiate amongst hardware, software, system software and application software.

suggest and check alternate spellings, locations and/or listing formats for customers lacking details or complete information.

operate office equipment such as fax machines, copiers and phone systems, and use computers for spreadsheet, word processing, database management and other applications.

compile, sort and verify the accuracy of data before it is entered. compare data with source documents or re-enter data in verification format to

detect errors. store completed documents in appropriate locations. format documents, insert graphics, create tables, sort data and use templates. transmit information or documents to customers, using computer, mail or

facsimile machine.

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maintain and update filing, inventory, mailing and database systems, either manually or using a computer.

notify supervisor or computer maintenance technicians of equipment malfunctions.

locate and attach appropriate files to incoming correspondence requiring replies.

add new material to file records or create new records as necessary. find and retrieve information from files in response to requests from authorized

users. type correspondence, reports, text and other written material from rough drafts,

corrected copies, voice recordings, dictation or previous versions, using a computer or word processor.

perform basic presentation functions to create, format, edit, save and print a presentation.

operate spreadsheet, database programs and other types of software to load and manipulate data and to produce reports.

learn to operate new office technologies as they are developed and implemented.

demonstrate netiquette, acceptable use policy and ethical practices related to Internet access.

integrate Internet information into software applications. retrieve, separate and sort program output as needed and send data to specified

users. type acknowledgement letters to persons sending correspondence.

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Accounting Principles I BM1401Skill Set Financial ReportsKnowledge Objectives Students will demonstrate knowledge of

annual reports. financial statements.

Performance Objectives Students will

identify sources for obtaining financial reports. describe the users and uses of financial information. identify the sections in an annual report and the purpose of each section. explain the role of management and the auditor in preparing and issuing an

annual report. identify and explain the types of audit opinions. explain the role of accounting and regulatory organizations in relation to

financial reports. describe the information provided in each financial statement and how the

statements articulate with each other. describe the relationship between assets, liabilities and equity on the balance

sheet. identify and explain the classifications within assets, liabilities and equity. identify the different formats of an income statement. identify the classifications in an income statement and explain their

relationship to each other (revenue, expenses, gains, losses). describe changes in the ownership structure using the statement of equity. explain how and why the conceptual framework of accounting and generally

accepted accounting principles provide guidance and structure for preparing financial statements.

describe the different forms of business ownership and the advantages and disadvantages of each form.

explain how the different forms of business ownership are reported in the financial statements.

identify the different types of business operations. explain how the different types of business operations are reflected in the

financial statements. identify and explain the business activities reported in a statement of cash

flows (operating, investing, financing).

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Skill Set Financial AnalysisKnowledge Objectives Students will demonstrate knowledge of

financial conditions and operating results of a company. financial statements and information needed to make informed business

decisions.Performance Objectives Students will

discuss the information that can be obtained from analyzing financial statements.

recognize the primary areas of analysis (trend analysis, profitability, liquidity, capital structure) and explain the information that can be obtained from each type of analysis.

perform a horizontal and vertical analysis of the income statement and balance sheet.

assess profitability by calculating and interpreting financial ratios. assess liquidity and solvency by calculating financial ratios. compare and contrast debt and equity financing and explain the impact on the

financial statements. assess capital structure by calculating and interpreting financial ratios. research industry averages and explain their use in assessing the financial

condition, operating results, profitability, liquidity and capital structure. apply information technology to conduct financial analysis. identify and explain common methods for manipulating financial statements

and financial ratios. describe the ethical and legal implications resulting from the manipulation of

financial statements and financial ratios. use the statement of cash flow to analyze business activities (operating,

investing, financing). analyze cash flow from operating activities to assess profitability and liquidity.

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