Courses
ACC 101 Principles of Accounting (4) (4, 2) This course introduces basic accounting principles and business concepts as they apply to reporting the financial and economic data of a business. The course emphasizes recording, analysis, and interpretation of daily business transactions and other economic events that affect the business. This course serves as the basis for subsequent accounting courses. This course has an additional laboratory of two hours per week. Prerequisite: MAT 101; Co-requisite: CIS115 for AAS Accounting students only.
ACC 161 Financial Accounting (4) (4, 2) This course introduces financial accounting concepts to measure business activity and teaches how to prepare financial reports in order to gain an understanding of the financial condition and profitability of a business. The course content emphasizes the accounting of current and long-term assets and liabilities, characteristics of corporations, stock transactions and dividends, statement of cash flow and financial statement analysis. This course has an additional laboratory of two hours per week. Prerequisites: ACC 101 and CIS 115 or departmental approval for Business majors
ACC 162 Managerial Accounting (4) (4, 1) This course introduces managerial accounting concepts to produce accounting information for management planning, control and decision making. Managerial accounting information is designed to meet the specific needs of company’s management team. Managers need to make numerous decisions during the day-to-day operations of a business and managerial accounting is designed to provide data to help make those decisions and plan for the future. This course has an additional laboratory of one hour per week. Prerequisite: ACC 161
ACC 200 Quick Books Certified User (3) (3, 0) ACC 200-Computerized Accounting using Quick Books Credit Hours: 3 Lab hours 0 Course Description: This course prepares the student to use QuickBooks software package or similar software programs. The program is geared toward small and medium-sized businesses and offers accounting applications that address business payments; manage and pay bills, accomplish payroll function and prepare financial statements. A QuickBooks certification may be accomplished at the end of the course. Prerequisites: ACC 101, ACC 161
ACC 201 Intermediate Accounting I (4) (4, 2) This course presents the development, usefulness and limitations of general financial accounting theory, with major emphasis on financial statement presentation and analysis, and valuation of asset and liability accounts. It includes a study of monetary assets and liabilities, inventories, plant assets, and present value techniques. Prerequisite: ACC 162
ACC 202 Intermediate Accounting (4) (4, 2) This course integrates a deeper knowledge of accounting with the logic required to make business decisions. Students will be able to prepare statements about cash flow and understand the primary activities of a business, as well as accounting disclosures. Students will integrate technical and practical knowledge as part of an accounting career. Prerequisite: ACC 201
ACC 260 Tax Accounting (4) (3, 1) This course introduces the principles and procedures of federal tax laws related to single proprietorships, partnerships and corporations. Students will be introduced to tax forms and will master skills in tax laws, tax preparation, and planning. Students will be provided an opportunity to practice these procedures on an appropriate software system. Prerequisite: ACC 161
ACC 301 Hospitality Accounting (4) (4, 0) This course introduces specialized hospitality accounting areas of hotel revenue and expenses, inventory accounting, property and hospitality equipment; payroll accounting and hospitality special financial statements; the income statement, balance sheet, and statement of cash flow; analysis of financial statements; short-term and annual financial reports; budgeting expenses reports; forecasting reports; and an analysis of financial reports for decision-making. Prerequisites: ACC 101, MAT 200, ENG 162, and BUS 220