Course Descriptions - Accounting

This course will provide flexibility in offering an in-depth review of topics of immediate importance and topical interest. These topics will go beyond the introductory courses in examining specific aspects of the subject matter.

This course is a study of the accounting principles and concepts used to understand and develop financial statements. Topics include accruals and deferrals, revenues, expenses, assets, liabilities, equities, and cash flows. The course will analyze current industry financial statements from the point of view of investors and creditors for profitability, liquidity and risk.

Managerial accounting focuses on the three main activities performed by managers: planning, controlling, and decision-making. This course consists of preparing a variety of reports for internal use and analyzing them in the company's decision-making process.Prerequisite: ACCT 2111

This course provides a hands-on approach to learning how current (on the market) computerized accounting systems are used and installed. The following modules are covered: general ledger, financial statements, accounts receivable, accounts payable, purchasing, inventory and payroll. Note: Knowledge of accounting debits and credits and CIS 1101 or computer experience is recommended.Prerequisite: Acct 2111

Students taking this course will prepare and analyze payroll transactions, federal/state payroll tax reports.Prerequisite: Acct 2111

This course will assist the student in understanding corporation and personal (Schedule C) tax requirements. It will also show students what they must do to prepare and maintain tax information for the year end business income tax statements.Prerequisite: Acct 2111

This course presents the tools and skills needed for locating and applying for accounting internships and jobs. Students will study work habits and professional attitudes to apply in the business world. Students will learn how to prepare documents needed to successfully obtain an internship as well as future employment opportunities. Students will begin the process to secure their internship position in preparation for taking ACCT 2310: Accounting Internship.

This final capstone course in the accounting sequence is designed to extend and integrate your understanding of theoretical and practical issues in accounting, including the analytical and decision making processes for business enterprises. Further development of theoretical and practical issues from prerequisite courses and reinforcement of communication skills (writing, discussion, and presentation) are central elements of this course. This course will provide the student with the ability to enter the job market or transfer to a four year school with a good understanding of the accounting functions of a small business. Prerequisites: ACCT 2111, ACCT 2112 and CIS 1220 (or with instructor approval)

This course is for students in the AAS Accounting Technology degree. Students will complete an internship that will allow them to transition from the classroom to the workplace. This internship provides students with the opportunity to gain practical work experience to bridge theory with real-world applications of accounting concepts. Students will complete at least 150 hours of hands-on work experience in accounting and accounting related duties. Students take ACCT 2270: Accounting Employment Skills prior to this course where they secure their internship position.