Fundamentals of accounting and the accounting cycle for both service and merchandise businesses. Special emphasis is put on payroll procedures, cash accounting, and accounts payable and accounts receivable record keeping. This course is not available for students working toward the BSBA degree. It is particularly suited for students in the two-year AAS in Business Technology. Offered on demand.

Accounting information is examined from the perspective of effective management decision making with special emphasis on the planning and control responsibilities of practicing managers. (3 lecture)

Covers the fundamentals of accounting; the accounting cycle; journals and ledgers; working papers; financial statements; types of accounts; analysis of financial statements; fundamentals of budgeting; and an introduction to internal controls.

Continuation of ACCT 201. Introduction to Partnership accounting procedures; corporation accounting procedures; bond accounting; capital stock accounts; asset accounting procedures; introduction to manufacturing accounting.

(1-8 lecture)

(1-6 lecture)

(1 lecture)

(3 lecture)

Overview of computerized accounting software package that is used in the business world. Hands-on experience conducting all major components of statement preparation for balance sheets, income statements and statements of profit and loss in a computerized format. (3 lecture)

Analysis of accounting principles and procedures at the intermediate level. Addresses the theory and practices that are tested at the CPA level. Asset valuation, continued study of liabilites, and income determination are covered. (3 lecture)

Continuation of ACCT 311. Topics covered include non-current assets, equity, flow of funds and ratio analysis.

Accounting and budgeting techniques for management planning and control. The use of accounting data in management decision making. (3 lecture)

Tax theory and practice with special emphasis on individual income taxation; the federal tax code and regulations; federal tax forms. (3 lecture)

Continuation of ACCT 353. This course focuses on income taxation of corporations, estates, trusts and partnerships. Tax considerations in establishing business organizations, reorganizations, and liquidations.

Hands on application of tax principles. Students will be expected to pass the IRS Volunteer Income Tax Assistance program tests and work up to 35 hours preparing tax returns for people within the community. (1 lecture, 2 lab)

White collar crime and forensic accounting; methods of detection, prevention and investigation. (3 lecture)

Maximum of 6 hours. Prerequisite: Junior status or consent of division chair. (1-12 lecture, 1 lab)

This course title is reserved for new and/or experimental accounting courses to be offered within the division. (1-4 lecture)

Maximum of 6 hours. Research in selected areas of accounting under the direction of a faculty member. (Prerequisite: consent of division chair.) F-S-SU

Accounting practices and procedures for business combinations and consolidations; introduction to not-for-profit accounting theories; advanced partnership accounting theories.

Introduction and study of Federal Appropriations Law and Application of the pronouncements of the Office of Management and Budget (OMB). (2 lecture)

Continuation of the in-depth study of Federal Appropriations Law and Application of the pronouncements of the Office of Management and Budget (OMB). (2 lecture)

Study of auditing theory and practice, the generally accepted auditing standards, the audit plan, internal control evaluation, statistical sampling and testing procedures; auditor's reports.

Techniques and principles of fund accounting as generally encountered in government agencies, charities, and other not-for-profit organizations. (3 lecture)

Determination of costs in manufacturing entities; interpretation of cost data; study of job order costs, process costs, and standard costs. (3 lecture)

New and/or experimental accounting courses to be offered within the division. (1-6 lecture)