This course introduces business decisionmaking accounting information systems. Emphasis is on analyzing, summarizing, reporting, and interpreting financial information. Upon completion, students should be able to prepare financial statements, understand the role of financial information in decision-making and address ethical considerations. This course has been approved to satisfy the Comprehensive Articulation Agreement for transferability as a pre-major and/or elective course requirement.

Course Hours Per Week: Class, 3; Lab, 2

Semester Hours Credit: 4

Prerequisite: ENG 090, MAT 070, and RED 090 or satisfactory score on placement test

Corequisite: None

This course includes a greater emphasis on managerial and cost accounting skills. Emphasis is on managerial accounting concepts for external and internal analysis, reporting, and decision-making. Upon completion, students should be able to analyze and interpret transactions relating to managerial concepts including product-costing systems. This course has been approved to satisfy the Comprehensive Articulation Agreement pre-major and/or elective course requirement.

Course Hours Per Week: Class, 3; Lab, 2

Semester Hours Credit: 4

Prerequisite: ACC 120

Corequisite: None

ACC 129  Individual Income Taxes

This course introduces the relevant laws governing individual income taxation. Topics include tax law, electronic research and methodologies, and the use of technology for preparation of individual tax returns. Upon completion, students should be able to analyze basic tax scenarios, research applicable tax law, and complete various individual tax forms.

Course Hours Per Week: Class, 2; Lab, 2

Semester Hours Credit: 3

Prerequisite: ENG 090, MAT 070, and RED 090 or satisfactory score on placement test

Corequisite: None

ACC 130  Business Income Taxes

This course introduces the relevant laws governing business and fiduciary income taxes. Topics include tax law relating to business organizations, electronic research and methodologies, and the use of technology for the preparation of business tax returns. Upon completion, students should be able to analyze basic tax scenarios, research applicable tax law, and complete various business tax forms.

Course Hours Per Week: Class, 2; Lab, 2

Semester Hours Credit: 3

Prerequisite: ACC 129

Corequisite: None

ACC 140  Payroll Accounting

This course covers federal and state laws pertaining to wages, payroll taxes, payroll tax forms, and journal and general ledger transactions. Emphasis is placed on computing wages; calculating social security, income, and unemployment taxes; preparing appropriate payroll tax forms; and journalizing/posting transactions. Upon completion, students should be able to analyze data, make appropriate computations, complete forms, and prepare accounting entries using appropriate technology.

Course Hours Per Week: Class, 1; Lab, 2

Semester Hours Credit: 2

Prerequisites: ACC 120 and CIS 110

Corequisite: None

ACC 150  Accounting Software Applications

This course introduces microcomputer applications related to accounting systems. Topics include general ledger; accounts receivable; accounts payable; inventory; payroll; and correcting, adjusting, and closing entries. Upon completion, students should be able to use a computer accounting package to solve accounting problems.

Course Hours Per Week: Class, 1; Lab, 2

Semester Hours Credit: 2

Prerequisites: ACC 120 and CIS 110

Corequisite: None

ACC 220  Intermediate Accounting I

This course is a continuation of the study of accounting principles with in-depth coverage of theoretical concepts and financial statements. Topics include generally accepted accounting principles and extensive analyses of financial statements. Upon completion, students should be able to demonstrate competence in the conceptual framework underlying financial accounting, including the application of financial standards.

Course Hours Per Week: Class, 3; Lab, 2

Semester Hours Credit: 4

Prerequisites: ACC 121 and CTS 130

Corequisite: None

ACC 221  Intermediate Accounting II

This course is a continuation of ACC 220. Emphasis is on special problems which may include leases, bonds, investments, ratio analyses, present value applications, accounting changes, and corrections. Upon completion, students should be able to demonstrate an understanding of the principles involved and display an analytical problem-solving ability for the topics covered. Accounting computer problems involving preparation and completion of spreadsheets are integrated throughout the course.

Course Hours Per Week: Class, 3; Lab, 2

Semester Hours Credit: 4

Prerequisite: ACC 220

Corequisite: None

ACC 225  Cost Accounting

This course introduces the nature and purposes of cost accounting as an information system for planning and control. Topics include direct materials, direct labor, factory overhead, process, job order, and standard cost systems. Upon completion, students should be able to demonstrate an understanding of the principles involved and display an analytical problem-solving ability for the topics covered. Accounting computer problems involving preparation and completion of spreadsheets are integrated throughout the course.

Course Hours Per Week: Class, 3; Lab, 0

Semester Hours Credit: 3

Corequisite: None

ACC 226  Advanced Managerial Accounting

This course is designed to develop an appreciation for the uses of cost information in the administration and control of business organizations. Emphasis is on how accounting data can be interpreted and used by management in planning and controlling business activities. Upon completion, students should be able to analyze and interpret cost information and present this information in a form that is usable by management.

Course Hours Per Week: Class, 3; Lab, 0

Semester Hours Credit: 3

Prerequisites: ACC 121 and ACC 225

Corequisite: None

ACC 227  Practices in Accounting

This course provides an advanced in-depth study of selected topics in accounting using case studies and individual and group problem solving. Topics include cash flow, financial statement analysis, individual and group problem solving, practical approaches to dealing with clients, ethics, and critical thinking. Upon completion, students should be able to demonstrate competent analytical skills and effective communication of their analysis in written and/or oral presentations. As part of this course, students may be required to prepare a sample joint income tax return for a married couple, establish and use an accounting system, and use a microcomputer to record accounting information.

Course Hours Per Week: Class, 3; Lab, 0

Semester Hours Credit: 3

Prerequisites: ACC 129, ACC 220, and CIS 120

Corequisite: None.

ACC 240  Government and Not-for-Profit Accounting

This course introduces principles and procedures applicable to governmental and not-for-profit organizations. Emphasis is on various budgetary accounting procedures and fund accounting. Upon completion, students should be able to demonstrate an understanding of the principles involved and display an analytical problem-solving ability for the topics covered.

Course Hours Per Week: Class, 3; Lab, 0

Semester Hours Credit: 3

Prerequisite: ACC 121

Corequisite: None

ACC 269  Audit and Assurance Services

This course introduces selected topics pertaining to the objectives, theory, and practices in engagements providing auditing and other assurance services. Topics include planning, conducting, and reporting, with emphasis on the related professional ethics and standards. Upon completion, students should be able to demonstrate an understanding of the types of professional services, the related professional standards, and the engagement methodology.

Course Hours Per Week: Class, 3; Lab, 0

Semester Hours Credit: 3

Prerequisite: ACC 220

Corequisite: None

ACC 269 Course Outline