Accounting

(updated 6/14/13)


ACCT 110
PRACTICAL ACCOUNTING I (3)
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)
Accounting theory as applied to bookkeeping systems of small businesses and professional organizations. 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 (3)
Accounting experience on a personal computer using QuickBooks Pro software. Reinforces procedures learned in ACCT 110 and 120 or ACCT& 201. Students use Quick-books Pro software to record transactions, prepare financial statements, and payroll. Prerequisite: ACCT& 201 or ACCT 110 and 120.

ACCT& 201
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
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 asset, payroll, stocks, bonds, the statement of cash flows, and financial statement analysis. Prerequisite: ACCT& 201.

ACCT& 203
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 210
INTRODUCTION TO AUDIT (5)
An introduction to the audit environment as it applies to the professional spectrum of financial accounting and reporting. Prerequisite: ACCT& 203.

ACCT 240
BUSINESS ENTITY TAX (5)
This course focuses on the determination and disposition of taxation as it applies to business entities, as well as introducing elements of tax planning and research. Prerequisite: ACCT& 203.

ACCT 250
GOVERNMENTAL ACCOUNTING (5)
Accounting for governmental and not-for-profit entities. Applies the theories and concepts of GASB Statement #34 to governmental agencies. Topics include fund management, budget preparation, and accounting for appropriated funds. Prerequisite: ACCT& 201.

ACCT 260
INDIVIDUAL INCOME TAXES (5)
Introductory course in taxation emphasizing the preparation of individual federal income tax returns. 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.

ACCT 285
BOOKKEEPER CERT. COURSE (5)
This is a capstone course for accounting students participating in the Associate of Technical Arts (ATA) program and culminating in the student candidacy of either the Certified Bookkeeper (CP), Registered Tax Return Preparer (RTRP), or both. Prerequisite: ACCT& 203, ACCT 240.