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Accounting (ACC)

ACC-111Intro to Accounting, 3 cr.
Introduces the basic principles of accounting and the recoding of simple business transactions using the double entry system. Includes the accounting procedures of journalizing transactions, posting to the ledger, making a trial balance, creating receipt and disbursement of cash.

ACC-131 Principles of Accounting I, 4 cr.
The course examines the accounting methods, principles and terminology needed in the preparation and analysis of financial statements. Included is a study of partnership accounting.

ACC-132 Principles of Accounting II, 4 cr.
Continuation of ACC-131, covering corporate accounting, long-term debts, financial analysis, managerial accounting and budgeting concepts. Prerequisite: ACC-131.

ACC-161 Payroll Accounting, 3 cr.
This introductory course covers the processes of completing payroll records and implementing payroll procedures.  Topics include methods of computing compensation, state and federal laws affecting payroll, mandatory and voluntary payroll deductions, methods of keeping records, and preparation of internal and governmental reports.

ACC-221 Cost Accounting, 3 cr.
This course develops an understanding of accounting methods for manufacturing and service enterprises. Included are analysis techniques for management’s use of accounting data to aid in product costing, performance measuring, budgeting and other operating decision. Prerequisite: ACC-132

ACC-231 Intermediate Accounting I, 4 cr.
The course reviews accounting procedures and reporting processes, including an in-depth analysis of generally applied accounting principles. Topics include the income statement, balance sheet, revenue recognition, cash and marketable securities, inventory, depreciation, cash flows and notes and accounts receivable. Prerequisite: ACC-132

ACC-232 Intermediate Accounting II, 4 cr.
The course is a continuation of ACC-231, including an in-depth analysis of the theory and practice of financial accounting for liabilities and equity. Other topics include earnings per share, deferred taxes, pension, leases, accounting changes, error corrections and cash flow. Prerequisite: ACC-231

ACC-261 Income Tax Accounting, 3 cr.
Introduces the general theory and procedures pertaining to state and federal taxation. Studies application of laws as they pertain to income of individuals and sole proprietorships, gifts, estates and Social Security. Prerequisite: ACC-131 and ACC-132

ACC-310 Computer Accounting, 2 cr.
Provides students with a basic understanding of the accounting cycle on microcomputers. Topics include ledgers, accounts receivable and payable, payroll, inventory and depreciation. An integrated accounting software package is introduced.

ACC-311 Computer Accounting, 3 cr.
This course is designed to provide hands-on approach to learning how modern computerized accounting systems function. This application includes the following: general ledger, accounts payable, accounts receivable, bank reconciliation, budgeting, purchase order processing and inventory, sales order processing and inventory, fixed assets, and payroll. 

ACC-702 Certified Bookkeeper Review, 4cr.
The course is designed to prepare students for successful completion of the Certified Bookkeeper National Certification Examination.  Included in the course is a review of adjusting entries, correction of accounting errors, payroll accounting, depreciation, inventory, and internal controls and fraud prevention. Prerequisite: ACC-131

ACC-929 Individual Projects, 2 cr.
Provides experience in the application of accounting principles to a simulated retail business.  P/Q grading

ACC-941 Practicum, 3 cr.
On-the-job training experience provides the opportunity to apply accounting concepts and procedures in a business setting and to develop proper work attitudes.

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