Accounting Courses
- ACC 110 Business Mathematics
- ACC 111 Accounting Principles I
- ACC 112 Accounting Principles II
- ACC 120 Forensic Accounting
- ACC 150 Legal Environment of Business
- ACC 151 Business Law
- ACC 152 Business Law II
- ACC 198 Coop Internship-Accounting I
- ACC 211 Intermediate Accounting I
- ACC 212 Intermediate Accounting II
- ACC 221 Accounting Information Systems
- ACC 231 Managerial Cost Accounting
- ACC 232 Budgeting and Forecasting
- ACC 241 Tax Accounting
- ACC 242 Federal Corporate Taxation
- ACC 251 Auditing
- ACC 255 Not-For-Profit Accounting
- ACC 298 Coop Internship-Accounting II
ACC 110 Business Mathematics
Credits: 3.00This course is designed to promote facility in the mathematical aspects of business. Emphasis is placed on the fundamental processes and their applications. Among the topics covered are fractions, percentages, bank reconciliations, equations, trade and cash discounts, simple and compound interest, present value, income taxes, stocks, and financial statement analysis. A calculator is required.
ACC 111 Accounting Principles I
Credits: 3.00This course is designed to give students an introduction to the basic principles of financial accounting. This includes accounting principles and practices, accounting systems for recording business transactions, an overview of the accounting cycles for service and merchandising enterprises, the matching concept, periodic and perpetual inventory systems, basic financial statements and cash.
ACC 112 Accounting Principles II
Credits: 3.00This course is designed to continue the student146s introduction to the basic principles of financial accounting and includes an introduction to the basic principles of managerial accounting. This includes plant and intangible assets, payroll, notes payable and other current liabilities, introduction to corporations, statement of cash flow, financial statement analysis, cost behavior and cost-volume-profit analysis and budgeting. Prerequisite: ACC 111 with a minimum grade of C.
ACC 120 Forensic Accounting
Credits: 3.00Forensic Accounting is the application of accounting methods and financial techniques to assist in solving economic-based crimes. The course includes the discussion of criminal statues relating to financial crimes, fraud investigation and prevention, techniques used in solving financial crimes, interviewing, rules of evidence, sources of information, forensic accounting procedures, and current issues in financial investigations. This course is cross-listed with CJS 125. Prerequisite: ACC 111 150 Accounting Principles I with a minimum grade of C.
ACC 150 Legal Environment of Business
Credits: 3.00This course investigates the regulatory environment in which business operates. It explores the political, social, and economic forces behind and evolution of the forms and types of law that govern disputes and transactions between individuals (including business organizations). The Constitutional foundation of this law and the increasing role played by administrative agencies in regulating business activity are studied including remedies in and out of court. Specifically, issues of crimes, torts, contracts, property, consumer rights, employment, and international transactions will be discussed.
ACC 151 Business Law
Credits: 3.00This course is designed to provide the student with a knowledge of the basic principles of contract law including the nature and classes of contracts, contractual capacity, consideration, the form of the contract, discharge of contracts and breaches of contracts.
ACC 152 Business Law II
Credits: 3.00This course is designed to provide the student with a continuation of the basic principles covered in Business Law I in which specialized applications of contracts and forms of business organizations are covered. Included are sales, agencies, personal and real property, bailment, partnerships, and corporations. Prerequisite: ACC 151
ACC 198 Coop Internship-Accounting I
Credits: 3.00This course consists of employment in a college-approved organization to enable the student to gain insight into an accounting organization. The course requires an optimum of 15 hours per week supervised and coordinated by a faculty member. Students are rated by the employer on their job performance. Prerequisite: ACC 112 and permission of the coordinator.
ACC 211 Intermediate Accounting I
Credits: 3.00Emphasis is placed on the study of fundamental accounting procedures, working capital, and non-current assets. This includes an intensive review of adjusting and closing entries; the use of work sheets in the preparation of statements; a comprehensive study of all corporation accounts, the preparation of financial statements; a study of the principles determining the evaluation of assets, liabilities, and capital; and analysis of financial statements. Prerequisite: ACC 112 with a minimum grade of C.
ACC 212 Intermediate Accounting II
Credits: 3.00This is a continuation of ACC 211. Emphasis is placed on the study of the theory of accounts as applied to current liabilities and long-term debt, paid-in and retained capital, appropriations, prior period adjustments, earnings per share, leasing, and financial statement preparation and analysis. Prerequisite ACC 211
ACC 221 Accounting Information Systems
Credits: 3.00The purpose of this course is to provide students with a hands-on introduction to the concepts and uses of computerized accounting information systems emphasizing their role in providing information for external users and for managerial decision- making. Included in the course are the basic principles of accounting information systems, the relationship of computerized accounting systems to manual accounting systems, transaction processing and report generating using an integrated accounting software package, and the application of management decision- making tools using spreadsheet software. Prerequisite ACC 112 with a minimum grade of C.
ACC 231 Managerial Cost Accounting
Credits: 3.00This course is designed to provide students with the fundamental principles of cost determination and the planning and control of costs. Emphasis is placed on accounting information for managerial use in decision-making and policy determination. Job order and process cost systems as well as estimated and standard cost methods and CVP analysis are included. Prerequisite ACC 112
ACC 232 Budgeting and Forecasting
Credits: 3.00This course concentrates on managerial control and budgeting for profit planning and forecasting. Attention is given to overhead analysis, capital budgeting, standard costs, segmented reporting and analysis of cost behavior as well as relevant costs for decision-making and investment decisions. Prerequisite: ACC 231
ACC 241 Tax Accounting
Credits: 3.00This course introduces the student to the laws, regulations, and accounting practices pertaining to individual Federal taxes. This includes an analysis of gross income, exclusions, business expenses, depreciation, itemized deductions, capital gains, sales or personal residences, exemptions, and filing status. Relevant forms will be discussed. Prerequisite ACC 112
ACC 242 Federal Corporate Taxation
Credits: 3.00This course is a continuation of ACC 241. It introduces the student to the laws and regulations relating to federal taxation of corporate and other entities. It includes an analysis of corp- orate distributions, S Corporations, Partnerships, Estates, Trusts, and Retirement Plans. Consideration is given to tax research, special accounting methods, passive activities and net operating losses. Prerequisite ACC 241
ACC 251 Auditing
Credits: 3.00This course introduces the conceptual and applied aspects of auditing. It provides a board overview of the public accounting profession with special attention to auditing standards, professional ethics, professional regulation, and legal liability inherent in the attest function. The evaluation and study of internal control, the nature of evidence, the growing use of statistical sampling and the impact of computers in the auditing process will be explored. Planning and conducting of an audit are practiced. Audit program steps will be applied through the use of problems, cases and exercises. Prerequisite: ACC 112
ACC 255 Not-For-Profit Accounting
Credits: 3.00This course introduces the principles of accounting for not-for-profit organizations with emphasis on fund accounting and the accounting standards for various types of not-for-profit organizations. Topics include the basics of fund accounting, governmental financial reporting, not-for-profit accounting, and generally accepted government auditing standards. Prerequisite: ACC 112
ACC 298 Coop Internship-Accounting II
Credits: 3.00This course consists of continued employment in a college- approved organization to enable the student to gain insight into an accounting organization. The course requires an optimum of 15 per week supervised and coordinated by a faculty member. Students are rated by the employer on their job performance. Prerequisites ACC 198 and permission of the coordinator.
