Accounting

Classes

ACC 200: Introduction to Accounting I

Discipline
Accounting
Credits 3 Lecture Hours 3

Introduction to managerial and financial accounting and methods used to record and report managerial and financial information to decision makers internal and external to the firm.

Recommended Preparation

Placement into ENG 100W or higher.

Course Outcomes
  • Demonstrate a basic understanding of financial statements, how transactions affect the financial statements and how financial statements are used to evaluate performance.
  • Demonstrate a basic understanding of how financial (and other) information is used by individuals within a company to make decisions about resource allocation and evaluate performance.

ACC 201: Introduction to Financial Accounting

Discipline
Accounting
Credits 3 Lecture Hours 3

Introduction to accounting principles and practices used to record and communicate financial information. Analyze methods for valuating assets, liabilities, and equity of an organization.

Prerequisites

Placement into ENG 100 or equivalent

Course Outcomes
  • Describe and understand the nature, environment and role of accounting as it relates to individuals, business organizations, and the business community.
  • Analyze, record and report the business activities and transactions of a service and/or merchandising type organization using generally accepted accounting principles (GAAP).
  • Understand and describe what internal controls are, including its basic components and limitation, and apply internal control activities in the control of cash and merchandising transactions.
  • Apply GAAP in accounting for financial assets and liabilities including, but not limited to, short-term financial assets, inventories, long-term assets, and current liabilities.

ACC 202: Introduction to Managerial Accounting

Discipline
Accounting
Credits 3 Lecture Hours 3
An introduction to managerial accounting methods for evaluating performance including cost accounting, budgeting, break-even analysis, ratio analysis, standard cost systems, and reporting for internal decision making.
Prerequisites

ACC 201 with “C” or better.

Course Outcomes
  • Analyze, record, and report equity and long-term liability transactions related to partnerships and corporations from both an issuer and investor perspective using GAAP.
  • Prepare and analyze the Statement of Cash Flows.
  • Analyze financial statements using horizontal analysis, vertical analysis, and financial statement ratio techniques.
  • Describe the concepts of managerial accounting and explain how they are applied to various business models.
  • Analyze, record, and report the activities of a manufacturing company using process cost, job order cost, and standard cost accounting systems.
  • Prepare information and reports that may be used by management to plan, direct, motivate, and control a business using Cost-Volume-Profit analysis, incremental analysis, and operational and capital budgeting techniques.

ACC 210: Introduction to Accounting II

Discipline
Accounting
Credits 3 Lecture Hours 3

Introduction to managerial and financial accounting and methods used to record and report managerial and financial information to decision makers internal and external to the firm. Part II.

Recommended Preparation

Placement into ENG 100W or higher.

Prerequisites

A grade of C or better in ACC 200.

Course Outcomes
  • Understand financial statements, how transactions affect the financial statements and how financial statements are used to evaluate performance.
  • Understand how financial (and other) information is used by individuals within a company to make decisions about resource allocation and evaluate performance.

ACC 252: Using Quickbooks® in Accounting

Discipline
Accounting
Credits 3 Lecture Hours 3

ACC 252 provides "hands-on" approach to computerized accounting using QuickBooks®. This course applies previously acquired accounting skills and knowledge in a computerized environment to setup and maintain accounting records. Emphasis will be placed on the application of QuickBooks® to the accounting cycle. This course also presents the basic concepts of an accounting information system and methods to document such systems. The course content of ACC 252 prepares students for the QuickBooks® Certification Examination.

Recommended Preparation

Students should have basic computer skills such as internet navigation and basic PC operation. To gain these skills, students can take ICS 100 or ICS 101.

Prerequisite Courses
ACC 201: Introduction to Financial Accounting
Prerequisites

Credit or concurrent enrollment in ACC 201 or consent of instructor.

Course Outcomes
  • Apply fundamental accounting principles to set up and maintain records using QuickBooks.
  • Apply fundamental accounting principles to set up, evaluate, and communicate business performance based on various reports.
  • Demonstrate effective communication and teamwork skills.

ACC 255: Using Excel® in Accounting

Discipline
Accounting
Credits 3 Lecture Hours 3

ACC 255 provides hands-on training in the use of spreadsheets to solve accounting problems. Coursework involves application of previously acquired accounting skills and knowledge with emphasis on financial and managerial accounting. This course also reviews basic database concepts, and introduces basic Data Analytics concepts and applications in accounting.

Recommended Preparation

Students should have basic computer skills such as internet navigation and basic PC operation. To gain these skills, students can take ICS 100 or ICS 101.

Prerequisite Courses
ACC 201: Introduction to Financial Accounting
Prerequisites

Credit for or concurrently enrolled in ACC 201 or the consent of instructor.

Course Outcomes
  • Compile financial data utilizing an electronic spreadsheet, and generate accurate and relevant output.
  • Analyze results of accounting problems and use the results to propose business recommendations.
  • Explain basic database and data analytics concepts and their applications in accounting.
  • Demonstrate effective communication and teamwork skills.