Accounting


Course numbering is being revised, for most accurate course numbers please refer to class schedules.

ACCT 110
PRACTICAL ACCOUNTING I (3)
This course emphasizes fundamental principles of double-entry accounting as applied to bookkeeping systems. The course focuses on the development of the accounting cycle for small businesses and professional organizations.

ACCT 120
PRACTICAL ACCOUNTING II (3)
This course emphasized accounting theory as applied to bookkeeping systems of small businesses and professional organizations. The course focuses on accounting for payroll, merchandise sales and purchases, cash receipts and payments, preparation of the worksheet, and annual financial statements. Prerequisite: ACCT 110

ACCT 130
BASIC COMPUTER ACCOUNTING (2)
This course provides students with accounting experience on a personal computer using QuickBooks Pro software. Reinforces accounting procedures learned in ACCT 110 and 120 or ACCT& 201. Students use QuickBooks Pro software to record transactions, prepare financial statements, and account for payroll. Prerequisite: ACCT& 201 or ACCT 110 and 120.

ACCT& 201 (Formerly ACCT 210)
PRINCIPLES OF ACCOUNTING I (5)
This course emphasizes fundamental principles of double-entry accounting and the preparation of financial statements for sole proprietorships. Prerequisite: MATH 098 or equivalent or consent of instructor.

ACCT& 202 (Formerly ACCT 220)
PRINCIPLES OF ACCOUNTING II (5)
This course emphasizes accounting for partnerships and corporations. Topics include, but are not limited to, accounting for fixed and intangible assets, payroll, stocks, bonds, the statement of cash flows, and financial statement analysis. Prerequisite: ACCT& 201.

ACCT& 203 (Formerly ACCT 230)
PRINCIPLES OF ACCOUNTING III (5)
This course emphasizes accounting for departments and branches, cost accounting in a manufacturing environment, cost-volume-profit analysis, budget preparation and analysis, standard costs, segment reporting, differential costs and revenues, and capital budgeting decisions. Prerequisite: ACCT& 201 and 202.

ACCT 250
GOVERNMENTAL ACCOUNTING (5)
This course emphasizes accounting for governmental and not-for-profit entities. ACCT 250 applies the theories and concepts of GASB Statement #34 to governmental agencies. Topics to be covered include, but are not limited to: fund management, budget preparation, and accounting for appropriated funds. Prerequisite: ACCT& 201

ACCT 260
INDIVIDUAL INCOME TAXES (5)
ACCT 260 is an introductory course in taxation emphasizing the preparation of individual federal income tax returns. The course focuses on history, economics, social aspects, equity, and structure of the federal income tax laws of the United States. Prerequisite: ACCT& 201

ACCT 270
PAYROLL ACCOUNTING (3)
ACCT 270 is an introductory course covering aspects of the Fair Labor Standards Act, the Social Security Act, Federal Income Tax withholding laws, and other laws affecting payroll operations and employment practices. Prerequisite: ACCT& 201