ACCT1210 Payroll Accounting This course covers the fundamental principles of accounting for payroll in a business environment. Federal Wage and Hour law provides the framework for payroll record keeping requirements that most employers must follow. The course discusses the various payroll taxes that both employers and employees are subject to, filing requirements, and legal deadlines that must be followed. (Prerequisite: none) (2 Credits: 2 lec/0 lab) ACCT1212 Computerized Acct Applications Hands on approach to the accounting system. Topical areas covered include but are not limited to general ledger, accounts receivable, accounts payable, payroll, inventory, depreciation, financial statement analysis, departmentalized accounting and client write-up. (Prerequisites: ACCT2201 Financial Accounting) (3 Credits: 3 lecture/0 lab) ACCT1218 Spreadsheets Concepts and Applications This course uses a spreadsheet system for business applications. Procedures used include: document creation, storage, retrieval, major editing, printing, merger of documents, segments and variables, and graph creation. (Prerequisite: None) (3 Credits: 3 lecture/0 lab) ACCT1220 Principles of Bookkeeping I This course covers the basic accounting cycle for service and merchandising businesses. This includes the analyzing of business transactions, recording transactions in a variety of journals and the preparation of financial reports. (Prerequisite: None) (2 Credits: 1 lecture/1 lab) ACCT1222 Principles of Bookkeeping II This course provides for analysis and recording of transactions relating to merchandising businesses and payroll, merchandise inventory, accunts receivable, accounts payable, and the voucher system. (Prerequisite: Bookkeeping I) (2 Credits: 2 lecture/0 lab) ACCT1231 Database Concepts and Applications This course will utilize database software for various business applications. (Prerequisite: none) (3 Credits: 3 lecture/0 lab) ACCT1240 Society & Law Society & Law is designed to assist the student in developing an understanding of and an appreciation for the legal system and an awareness of legal rights and responsibilities in our society. The course provides foundation knowledge of the formation, operation, discharge and terminology unique to general and sales contracts. The course also addresses personal property, bailments, and commerical paper. (Prerequisite: None) (2 Credits: 2 lecture/0 lab) ACCT2201 Financial Accounting This course covers the fundamental accounting concepts and principles which are used in a business environment to provide reports on the economic condition of an organization. The focus will be on the accrual method of accounting, utilizing Generally Accepted Accounting Principles (GAAP) to analyze and record transactions. The ultimate objective is to understand the effects of these transactions in order to provide timely and relevant information in the form of financial statements. (Prerequisite: none) (4 credits: 4 lecture/0 lab) ACCT2202 Managerial Accounting This course covers the techniques for planning, controlling, and decision making relevant to managing costs in a manufacturing Course Descriptions 105 ACCT2217 Income Tax I This course covers individual income tax law as prescribed in the Internal Revenue Code of 1986. A brief overview of federal tax legislation provides a framework for understanding the law. The components of the tax formula are defined and discussed. The incremental nature of tax rates is explained, and tax rate schedules are used to compute sample cases. Gross income is defined along with exclusions and deductions, as well as various tax credits. Business deductions including depreciation are described and calculated in the last part of the course. (Prerequisite: None) (3 credits: 3 lecture/0 lab) environment. The focus will be on cost concepts and cost behavior in relation to job-order costing, activity-based costing, and process costing. The budgetary process will be analyzed; including preparing and interpreting a master budget and flexible budget. (Prerequisite: ACCT2201 Financial Accounting or ACCT2211 Principles of Accounting II) (4 credits: 4 lecture/0 lab) ACCT2205 Principles of Accounting I This course covers the fundamental accounting concepts and principles which are used in a business environment. These concepts are consistent with generally accepted accounting principles. The course explores the role of accounting as a primary business information system. (Prerequisite: None) (3 Credits: 3 lecture/0 lab) ACCT2211 Principles of Accounting II This course is a continuation of Principles I. Students apply concepts related to inventory, long-term assets, liabilities and owners equity for partnerships and corporations. The course also covers the use and preparation of the statement of cash flows and financial statement analysis. (Prerequisite: ACCT2205 Principles of Accounting I) (3 Credits: 3 lecture/0 lab) ACCT2213 Computerized Acct Applications II This course is a continuation of “hands-on’ use and application of electronic data processing and computerized accounting functions in the business environment. (Prerequisite: ACCT2211 Principles of Accounting II AND ACCT1212 Computerized Accounting Applications I) (3 Credits: 2 lecture/1 lab) ACCT2214 Auditing This course covers the methods and procedures used in the audit environment to verify the completeness and accuracy of accounting records. Major topics include professional ethics, the attest function, the nature of evidence, internal control procedures, audit sampling techniques, and the impact of electronic data processing. (Prerequisite: ACCT2201 Financial Accounting) (3 Credits: 3 lecture/0 lab) ACCT2215 Fund/Non-Profit Accounting This course is a study of accounting standards and practices used by governmental and other not-for- profit entities. These standards are promulgated by the Governmental Accounting Standards Board in the case of government entities, and by the Financial Accounting Standards Board for non-profit organizations. The use of fund accounting and budgetary considerations are explained along with financial reporting requirements. The four governmental fund types are covered as well as proprietary and fiduciary funds. Transaction analysis is included for all of the various funds used. (Prerequisites: ACCT2201 Financial Accounting) (3 Credits: 3 lecture/0 lab)
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