ACCT 2302 PRINCIPLES OF MANAGERIAL ACCOUNTING (3-3-1). Introduction to communicating accounting information to internal users (enterprise managers). A study of the fundamentals of managerial accounting. Emphasis on accounting for a manufacturing concern, budgeting, planning, management decision making, and analysis of financial reports. Topics also include cost behavior and control, product cost accumulation and pricing, and responsibility accounting. Skills: B Prerequisites: Successful completion of ACCT 2301 (or equivalent). (ACC 1633) Course Type: T
ACNT 1171 FUNDAMENTALS OF INTERMEDIATE ACCOUNTING (1-1-0). Course will provide a solid foundation in the accounting cycle, financial statement preparation and time value of money applications. In addition, the standard-setting process and environment will be reviewed in order to facilitate development of skills necessary to conduct accounting research. Skills: B Prerequisites: ACCT 2301. ( ) Course Type: W
ACNT 1303 INTRODUCTION TO ACCOUNTING I -- NON-BUSINESS MAJORS (3-3-1). A study of analyzing, classifying, and recording business transactions in a manual and computerized (QuickBooks) setting. Emphasis on understanding the complete accounting cycle, preparing basic financial statements, bank reconciliations, payroll and basic small business income tax issues. Skills: R ( ) Course Type: W
ACNT 1311 INTRODUCTION TO COMPUTERIZED ACCOUNTING (3-2-2). Introduction to utilizing the computer in maintaining accounting records, making management decisions, and processing common business applications with primary emphasis on a general ledger package (QuickBooks). Develops further skills in maintaining accounting records, provides in-depth exposure to accounts receivable/accounts payable, payroll and inventory modules. Skills: B Prerequisites: ACNT 1403. (ACC 1913) Course Type: W
ACNT 1329 PAYROLL AND BUSINESS TAX ACCOUNTING (3-2-2). A study of payroll tax procedures, taxing entities, and reporting requirements of local, state and federal taxing authorities in a manual and computerized environment. Skills: B Prerequisites: ACNT 1404. (ACC 1943) Course Type: W
ACNT 1331 FEDERAL INCOME TAX: INDIVIDUAL (3-3-0). Basic instruction in the tax laws as currently implemented by the Internal Revenue Service, providing a working knowledge of preparing taxes for individuals. Emphasis on federal income tax law; individual income, exclusions, deductions, credits, gains, etc.; and incorporating these concepts into individual tax filing requirements. Skills: B Prerequisites: ACCT 2301 or equivalent. (ACC 2023) Course Type: W
ACNT 1347 FEDERAL INCOME TAX FOR PARTNERSHIPS AND CORPORATIONS (3-3-0). Introduction to the tax laws as currently implemented by the Internal Revenue Service providing a working knowledge of applying and interpreting federal tax law for, as well as preparing taxes for, partnerships, S Corporations, and corporations. Skills: B Prerequisites: ACNT 1331 or equivalent. (ACC 2513) Course Type: W
ACNT 1391 SPECIAL TOPICS IN ACCOUNTING -- ACCOUNTING THEORY (3-3-0). Survey of current accounting theory, including historical development of accounting standards, the role of the FASB, SEC and other bodies on the standard-setting process; the FASB's Conceptual Framework project; concepts of income and valuation. May be repeated when topics vary. Skills: B Prerequisites: ACNT 2403. (ACC 2533) Course Type: W
ACNT 1391 SPECIAL TOPICS IN ACCOUNTING -- INTERNAL AUDITING: PRINCIPLES AND TECHNIQUES (3-3-0). An introduction to principles and techniques commonly used in the practice of internal auditing. Course will provide a solid foundation in internal audit theory and applications, and introduce students to official pronouncements of the Institute of Internal Auditors. May be repeated when topics vary. Skills: B Prerequisites: ACNT 2403. Completion of ACNT 2331 is highly recommended. ( ) Course Type: W
ACNT 1391 SPECIAL TOPICS IN ACCOUNTING -- BUSINESS FRAUD: OCCUPATIONAL FRAUD AND ABUSE (3-3-0). Course will provide an overview of how and why occupational fraud is committed, how fraudulent conduct can be deterred, and how allegations of fraud should be investigated and resolved. May be repeated when topics vary. Skills: B Prerequisites: ACNT 2403. Completion of ACNT 2331 is highly recommended. ( ) Course Type: W
ACNT 1392 SPECIAL TOPICS IN ACCOUNTING TECHNICIAN (3-3-0). Topics address recently identified current events, skills, knowledge, and/or attitudes and behaviors pertinent to the technology or occupation and relevant to the professional development of the student. Includes an examination of current accounting trends and topics in business and industry. Course may be repeated for credit when topics vary. Examples include industry-specific subjects such as mortgage banking, real estate, insurance and fund accounting. Skills: B Prerequisites: ACNT 1404 and ACNT 2371. (ACC 1953) Course Type: W
ACNT 1393 SPECIAL TOPICS IN TAXATION -- TAX RESEARCH (3-3-0). Tax research which includes extensive on-line research. This course may be repeated if topics and learning outcomes vary. Skills: B Prerequisites: ACNT 1331. ( ) Course Type: W
ACNT 1403 INTRODUCTION TO ACCOUNTING I (4-3-3). A study of analyzing, classifying, and recording business transactions in a manual and computerized environment (Peachtree). Emphasizes an understanding of the complete accounting cycle, preparation of basic financial statements, bank reconciliations, and payroll. Skills: R (ACC 1524) Course Type: W
ACNT 1404 INTRODUCTION TO ACCOUNTING II (4-3-3). A continuation of the first course with emphasis on merchandising transactions, notes payable and receivable, valuation of receivables and equipment, and valuation of inventories in a manual and computerized environment; continued mastery of accounting software (Peachtree). Skills: B Prerequisites: ACNT 1403. (ACC 1534) Course Type: W
ACNT 1475 INDUSTRY ACCOUNTING (4-3-3). A study of accounting procedures and operational issues facing accountants in industry. Topics include fixed asset and inventory accounting, an introduction to manufacturing, job costing and budgeting. Skills: B Prerequisites: ACNT 1404 and ACNT 1311. (ACC 1544) Course Type: W
ACNT 2303 INTERMEDIATE ACCOUNTING I (3-3-0). Critical analysis of generally accepted accounting principles, concepts, and theory underlying the preparation of financial statements. Emphasis on current theory and practice. An intense study of accounting standards and principles used by accounting professionals for disclosing accounting information related to enterprise assets. Examines professional accounting pronouncements for measuring, recording, and reporting of asset values. Skills: B Prerequisites: ACNT 1171. (ACC 2033) Course Type: W
ACNT 2304 INTERMEDIATE ACCOUNTING II (3-3-0). Continued in-depth analysis of the accounting standards and principles for preparing financial statements; recording, analyzing, and disclosing accounting information related to liabilities, owners' equities, funds flow; comparative analysis; and related topics. Skills: B Prerequisites: ACNT 2403 or equivalent. (ACC 2043) Course Type: W
ACNT 2309 COST ACCOUNTING (3-3-0). A study of budgeting and cost control systems including a detailed study of manufacturing cost accounts and reports, job order costing, and process costing. Includes introduction to alternative costing methods such as activity-based and just-in-time costing. Reviews planning of profit, cost, sales, cost and profit analysis, profit performance, and measurements. Skills: B Prerequisites: ACCT 2302 or equivalent. (ACC 2063) Course Type: W
ACNT 2330 GOVERNMENTAL AND NOT-FOR-PROFIT ACCOUNTING (3-3-0). Introduction to fund accounting, emphasizing general, special revenue, capital improvement, debt service, trust agency, enterprise, intragovernmental, and other fund concepts used by state, municipal, and other governmental entities. Includes preparation and analysis of CAFR. Skills: B Prerequisites: ACCT 2301 or equivalent. (ACNT 2372) Course Type: W
ACNT 2331 INTERNAL CONTROL AND AUDITING (3-3-0). A study of internal control and auditing standards and processes used by internal auditors, managers, and independent public accountants. Includes responsibilities of auditors, development of audit programs, accumulation of audit evidence and reporting. Skills: B Prerequisites: ACNT 2304 or equivalent. (ACC 2073) Course Type: W
ACNT 2332 ACCOUNTING INFORMATION SYSTEMS (3-3-0). A study of the role of accounting information systems and related subsystems including data collection, retrieval, manipulation, filtering, and sorting of data. Skills: B Prerequisites: ACCT 2302. (ACC 2103) Course Type: W
ACNT 2333 ADVANCED ACCOUNTING (3-3-0). Methods of measuring and communicating economic information, including consolidated statements, partnerships, real estate, foreign operations, and fund units. Skills: B Prerequisites: ACNT 2304 or equivalent. (ACNT 2374) Course Type: W
ACNT 2371 SMALL BUSINESS ACCOUNTING (3-2-2). A review of accounting procedures relevant to accounting for small businesses, with an emphasis on computerized applications and hands-on familiarity. Areas to be addressed include: journals ordinarily used for small businesses; payroll and related reporting; reporting for taxes other than income taxes; reconciliation and analysis of the cash account; tax accounting practices relevant to financial accounting. Skills: B Prerequisites: ACNT 1404 and ACNT 1311. (ACC 1923) Course Type: W
ACNT 2375 ADVANCED THEORY AND PROBLEMS IN ACCOUNTING (3-3-0). As a capstone experience, students use case studies, database research and group projects to apply knowledge obtained in previous accounting courses. Case studies incorporate managerial, governmental, tax, audit, internal control, accounting information system and financial accounting issues. Skills: B Prerequisites: Student must be in last semester of coursework required for associates degree and have completed a minimum of 20 hours of accounting. (ACC 2573) Course Type: W
ACNT 2376 FINANCIAL STATEMENT ANALYSIS (3-3-0). A course designed for business and non-business majors. A study of the process of evaluating financial statements, cash flow, and ratio analysis of individuals and businesses. Emphasis on the relationship of comparative analysis and industry standards. Topics include ratio analysis; interpretation of the balance sheet, income statement, and statement of cash flows; account classifications; income measurements; time value of money; and capital budgeting decisions. Heavy emphasis on analytical interpretation of ratios. Skills: B Prerequisites: ACCT 2302 or instructor approval. ( ) Course Type: W
ACNT 2377 ADVANCED AUDITING CONCEPTS AND APPLICATIONS (3-3-0). Application of complex accounting principles in an audit environment. Using authoritative literature for research, case studies address application of changes in accounting principles, balancing client service with ethics/independence, and applying professional judgment to complex auditing and financial reporting issues. Control exposure in systems, operational and program audits and computer applications are integrated into this course. Offered in Spring. Skills: B Prerequisites: ACNT 2331. ( ) Course Type: W
ACNT 2378 GOVERNMENTAL AUDITING AND NONPROFIT ACCOUNTING (3-3-0). Governmental auditing concepts and procedures, including the Yellow Book and Single Audit Act. Accounting for non-profit entities, federal government, public schools, colleges and universities, hospitals, water districts, rural electrification coops, and others. Case studies are integrated into the course. Skills: B Prerequisites: ACNT 2330. (ACC 2133) Course Type: W
ACNT 2379 ADVANCED COST ACCOUNTING (3-3-0). Accounting related to the use of cost data for making managerial decisions. Includes budgeting, responsibility accounting, cost-volume-profit analysis, transfer pricing, statistical methods, and planning capital expenditures. Case studies and computer applications are integrated into the course. Skills: B Prerequisites: ACNT 2309. ( ) Course Type: W
ACNT 2386 INTERNSHIP -- ACCOUNTING TECHNICIAN (3-1-12). An experience external to the college for an advanced student in a specialized field involving a written agreement between the educational institution and a business or industry. Mentored and supervised by a workplace employee, the student achieves objectives that are developed and documented by the college and that are directly related to specific occupational outcomes. This may be a paid or unpaid experience. This course may be repeated if topics and learning outcomes vary. A student will work a minimum of 12 hours per week at an accounting job approved by the Accounting Internship Advisor. Additionally, students will meet with an Accounting Instructor for one hour per week to review the students' progress and discuss related issues. Skills: P Prerequisites: Student must be in last semester of course work required for the associates degree or certificate. Instructor approval required. (ACC 2543) Course Type: W
ACNT 2388 INTERNSHIP -- ACCOUNTING (3-1-12). An experience external to the college for an advanced student in a specialized field involving a written agreement between the educational institution and a business or industry. Mentored and supervised by a workplace employee, the student achieves objectives that are developed and documented by the college and that are directly related to specific occupational outcomes. This may be a paid or unpaid experience. This course may be repeated if topics and learning outcomes vary. A student will work a minimum of 12 hours per week at an accounting job approved by the Accounting Internship Advisor. Additionally, students will meet with an Accounting Instructor for one hour per week to review the students' progress and discuss related issues. Skills: P Prerequisites: Student must be in last semester of course work required for the associates degree and have completed a minimum of 15 hours of accounting course work. Instructor approval required. (ACC 2543) Course Type: W