ACC 101

FUNDAMENTALS OF ACCOUNTING

3 CR. (3L)

PRQ: CIS 110, MAT 030, or equivalent assessment test scores or department chair/advisor approval. CORQ: ACC 103, MAT 090, BTE 156 highly recommended. Presents the basic elements and concepts of accounting, with emphasis on the procedures used for maintaining journals, ledgers, and other related records, and for the completion of end-of-period reports for small service and merchandising businesses.

ACC 103

FUNDAMENTALS OF ACCOUNTING LAB

1 CR. (1.5 LBV)

PRQ: CIS 110, MAT 060, or equivalent assessment test scores, or Department Chair approval. CORQ: ACC 101. Designed as the practical lab portion of the Fundamentals of Accounting course. Emphasizes the demonstration of recording accounting information discussed in each chapter of ACC 101.

ACC 115

PAYROLL ACCOUNTING

3 CR. (3L)

PRQ: ACC 101, CIS 110, MAT 060, or equivalent assessment test scores or Department Chair approval. Studies federal and state employment laws and their effects on personnel and payroll records. The course is non-technical and is intended to give students a practical working knowledge of the current payroll laws and actual experience in applying regulations. Students are exposed to computerized payroll procedures.

ACC 121

ACCOUNTING PRINCIPLES I

4 CR. (4L)

PRQ: CIS 110, ENG 030, REA 030, MAT 060, or equivalent assessment test score or permission of Department Advisor or Chair. Introduces the study of accounting principles for understanding of the theory and logic that underlie procedures and practices. Major topics include the accounting cycle for service and merchandising companies, special journals and subsidiary ledgers, internal control principles and practices, notes and interest, inventory systems and costing, plant assets and intangible asset accounting, and depreciation methods and practices.

ACC 122

ACCOUNTING PRINCIPLES II

4 CR. (4L)

PRQ: ACC 121, CIS 110, MAT 060, or equivalent assessment test scores or permission of Department Advisor or Chair. Continues the study of accounting principles as they apply to partnerships and corporations. Major topics include stocks and bonds, investments, cash flow statements, financial analysis, budgeting, and cost and managerial accounting.

ACC 131

INCOME TAX

3 CR. (3L)

PRQ: ACC 121, ENG 131, CIS 110, REA 090, MAT 090, or equivalent assessment test scores or permission of Department Advisor or Chair. This course is the study of basic concepts of federal income taxation, including gross income, deductions, accounting periods and methods, and property transactions, with emphasis on taxation of individuals and sole proprietorships.

ACC 211

INTERMEDIATE ACCOUNTING I

4 CR. (4L)

PRQ: MAT 121 or MAT 112, ENG 131, ACC 122, CIS 110, REA 090, or equivalent assessment test scores or permission of Department Advisor or Chair. Focuses on comprehensive analysis of generally accepted accounting principles (GAAP), accounting theory, concepts and financial reporting principles for public corporations. It is the first of a two-course sequence in financial accounting and is designed primarily for accounting and finance majors. Focuses on the preparation and analysis of business information relevant and useful to external users of financial reports. Explores the theories, principles and practices surveyed in Accounting Principles and critically examines `real-world` financial analysis and reporting issues.

ACC 212

INTERMEDIATE ACCOUNTING II

4 CR. (4L)

PRQ: ACC 211, CIS 110, REA 090, or equivalent assessment test scores or permission of Department Advisor or Chair. Focuses on the theoretical and practical aspects of accounting for long-term liabilities, stockholders` equity, investments, pensions and leases. Includes income tax allocation, financial statement analysis, cash flow statements and accounting methods changes.

ACC 215

ACCOUNTING INFORMATION SYSTEMS AND E-BUSINESS

3 CR. (3L)

PRQ: ACC 122, CIS 110, ENG 090, REA 090, MAT 090, or equivalent assessment test scores or permission of Department Advisor or Chair. Studies the principles, concepts and tools used in the analysis, design, implementation and integration of accounting systems, internal controls systems and accounting procedures. Key elements of system analysis, business systems design, accounting software selection, and the acquisition and implementation of systems are studied. Techniques and systems for electronic control systems, electronic data interchange, electronic funds transfer and web commerce are explored.

ACC 216

GOVERNMENTAL AND NOT-FOR- PROFIT ACCOUNTING

3 CR. (3L)

PRQ: ENG 131, ACC 122, CIS 110, REA 090, MAT 090, or equivalent assessment test scores or permission of Department Advisor or Chair. Addresses concepts of budgetary control as a matter of law and public administration theory. Accounting principles and procedures necessary to implement budgetary controls for governmental units and other not-for-profit institutions and organizations are presented.

ACC 226

COST ACCOUNTING

3 CR. (3L)

PRQ: ACC 122, CIS 110, ENG 030, REA 060, MAT 060, or equivalent assessment test scores or permission of Department Advisor or Chair. Studies cost accumulation methods and reports. Focuses on the concepts and procedures of job order, process, standard, and direct cost systems, budgeting, planning, and control of costs.

ACC 235