Accounting (ACC)

(ACC) ACCOUNTING

Course Information Cr Hrs
ACC-120 College Accounting, Part I

This course is required for all accounting majors and gives a detailed, hands-on approach to accounting. The entire accounting cycle, A/R, A/P, payroll entries, inventory and cash management for a sole proprietorship are covered in this course.

 Prerequisite: MTH 105 or equivalent score on the placement test.
3-3-0
ACC-125 College Accounting, Part II

This course is a continuation of ACC 120 and includes the following topics: corporate and partnership accounting,long-term assets and liabilities, financial statement analysis and manufacturing accounting.

 Prerequisite: Grade of "C" or better in ACC 120.
3-3-0
ACC-130 Accounting Software Applications

This course uses QuickBooks Accounting Software. To take this course online a student must purchase the same year of QuickBooks software that is being used on campus. Upon successful completion of this course, a student will be able to use the computer software to create a chart of accounts, accounts receivable and payable subsidiary ledgers, transaction journals, general ledgers, financial statements, reports and forecasts.

 Prerequisite: Grade of "C" or better in ACC 120 or higher.
3-3-0
ACC-135 Payroll Accounting

This course is designed to prepare students to perform payroll accounting duties for small businesses. This includes preparing payroll registers, employee earnings records and required government reporting documents.

 Prerequisite: Grade of "C" or better in ACC 120 or higher.
3-3-0
ACC-220 Principles of Accounting I

This course covers basic accounting principles and practices and the entire accounting cycle, adjusting entries, closing entries and financial statement preparation. A corporate approach is used for service and merchandise accounting.

 Prerequisite: MTH 105 or equivalent score on the placement test.
3-3-0
ACC-221 Advanced College Accounting

This course will require students to learn to perform financial accounting work at the mastery level. Students will work on an individual and team basis to perform such duties as accounts payables, accounts receivables, payroll, sales tax processing, and general ledger work. They will be required to use research skills, problem solving skills, communication ski lls, and analyt ical skills to work out real-world financial accounting simulations.

 ACC-120 Grade of "C" or better
3-3-0
ACC-225 Managerial Accounting

Students are taught the uses of accounting information for managerial decision-making. This course provides an introduction to cost accounting and includes the following topics: costing systems, standard costing and variance analysis, budgetary control, ABC costing, variable costing, production and capital decision analysis.

 Prerequisite: Grade of "C" or better in ACC 120.
3-3-0
ACC-226 Advanced College Accounting II

This course will require students to use managerial accounting concepts in the classroom through various real-world practice sets and cases.  Each student will role play as a manager over a team involving several conflicts or problems.  They will have to apply previously learned managerial problem solving skills to resolve the issues.  Students will then presents resolutions to the class and discuss the situation outcomes in relationship to managerial accounting.  Also students will research businesses of interest and report how managerial accounting is applied in those settings.

3-3-0
ACC-248 Accounting Terminology

This course will introduce students to different accounting terminology and regulations used in governmental/not-for-profit, tax, cost/managerial, fraud, medical, construction, criminology, and other various industries.  Students will learn the fundamental differences in accounting for a governmental and not-for-profit entity versus a for-profit entity.  Students will compare and contrast balance sheets and income statements for a corporation, partnership, proprietorship, not-for-profit and governmental entity.  Tax terminology will be covered with the assignment of completing simple personal and corporate tax returns.

3-3-0
ACC-250 Tax Accounting

Principles of income tax accounting including current laws and reporting are covered in this course. Students are provided practical experience in preparation of individual returns while introducing proprietorship, partnership and corporate taxes. This course is only offered during the fall semester.

 Prerequisite: Grade of "C" or better in ACC 120 or higher.
3-3-0
ACC-278 Case Study/Capstone

It is designed to teach students their ethical obligations in accounting and to help them evaluate the decision making process accountants go through.  This will be completed through the study of various accounting scandals, case studies, and interactions with guest speakers.  Students will be required to create questions for each guest speaker and report on what they learned.  Students will also develop various self-action plans to help cultivate grow initiative and self-motivation. Students will be required to present themselves in a professional manner and must be able to discuss applied accounting topics with various experienced accountants and managers.

3-3-0
ACC-290 Co-Operative Ed/Intern/Related Elective

This course involves supervised work experience in the major field which provides the student with the opportunity to make practical application of the knowledge and skills attained. An individualized instructional management plan will determine goals to be accomplished. Seminars may also be required.

 Prerequisite: Completion of 30 credit hours and 2.0 GPA, or advisorís approval. Please see the department chair of the specific program area for application.
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