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. Fee: $6 Prerequisites: Completion of ACCT 2301 (or equivalent) with a grade of C or better. (ACC 1633)
ACNT 1311 COMPUTERIZED ACCOUNTING APPLICATIONS (3-2-2). Develops further skills in maintaining accounting records using general ledger software (including Peachtree), provides in-depth exposure to accounts receivable/accounts payable modules; introduction to Quickbooks. Skills: R Prerequisites: ACNT 1403. (ACC 1913)
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. Prerequisites: ACNT 1404. (ACC 1943)
ACNT 1331 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. Prerequisites: ACCT 2301 or equivalent. (ACC 2023)
ACNT 1347 INCOME TAX (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. Prerequisites: ACNT 1331 or equivalent. (ACC 2513)
ACNT 1364 PRACTICUM - TAXATION (3-1-15). Practical general training and experiences in the workplace. The college, with the employer, develops and documents an individualized plan for the student. The plan relates the workplace training and experiences to the student's general and technical course of study. The guided external experiences may be paid or unpaid. This course may be repeated if topics and learning outcomes vary. (ACC 2553 and ACC 2563). Skills: X (ACC 2553)
ACNT 1366 PRACTICUM - ACCOUNTING (3-3-0). Practical general training and experiences in the workplace. The college with the employer develops and documents an individualized plan for the student. The plan relates the workplace training and experiences to the student's general and technical course of study. The guided external training and experiences may be paid or unpaid. This course may be repeated if topics and learning outcomes vary. Prerequisites: ACNT 1475 or equivalent. ( )
ACNT 1391 SPECIAL TOPICS IN ACCOUNTING (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. Course will cover topics of current or special interest in Financial Accounting, Income Tax, or Auditing not addressed by other courses. May be repeated when topics vary. Course topics will be announced prior to registration. Prerequisites: Varies with topics. (ACC 2533)
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. Prerequisites: ACNT 1404 and ACNT 2371. (ACC 1953)
ACNT 1393 SPECIAL TOPICS IN TAXATION (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. This course may be repeated if topics and learning outcomes vary. Topics: Estate and Gift which includes life and death transfers, property owned, life insurance, expenses, debts, charitable bequests, marital deduction, and generation skipping. Tax research which includes extensive on-line research. Offered in Summer. Prerequisites: ACNT 1331. (ACC 2523)
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)
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). Prerequisites: ACNT 1403. (ACC 1534)
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. Prerequisites: ACNT 1404 and ACNT 1311. (ACC 1544)
ACNT 2304 INTERMEDIATE FINANCIAL 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. Prerequisites: ACNT 2303 or equivalent. (ACC 2043)
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. Prerequisites: ACCT 2302 or equivalent. (ACC 2063)
ACNT 2331 INTERNAL CONTROL AND AUDITING (3-3-0). A study of internal control and auditing standards and processing used by internal auditors, managers, and independent public accountants. Includes responsibilities of auditors, development of audit programs, accumulation of audit evidence and reporting. Prerequisites: ACNT 2304 or equivalent. (ACC 2073)
ACNT 2364 TAX PRACTICUM (3-1-15). Practical general training and experiences in the workplace. The college with the employer develops and documents an individualized plan for the student. The plan relates the workplace training and experiences to the student's general and technical course of study. The guided external expeiences may be paid or unpaid. This course may be repeated if topics and learning outcomes vary. Skills: X Prerequisites: ACNT 1364. ( )
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. Prerequisites: ACNT 1404 and ACNT 1311. (ACC 1923)
ACNT 2372 GOVERNMENTAL 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. Prerequisites: ACCT 2301 or equivalent. (ACC 2123)
ACNT 2373 ACCOUNTING INFORMATION SYSTEMS (3-3-0). Data collection, retrieval, manipulation, filtering, and storing of accounting information with EDP systems. Prerequisites: ACCT 2302 or equivalent. (ACC 2103)
ACNT 2374 ADVANCED FINANCIAL ACCOUNTING (3-3-0). Accounting standards and principles examined and applied to multiple ownership, consolidation of financial statements, segmental reporting, interim financial statements, foreign currency translation, and partnerships. Prerequisites: ACNT 2304 or equivalent. (ACC 2083)
ACNT 2375 ADVANCED THEORY AND PROBLEMS IN ACCOUNTING (3-3-0). As a capstone experience, a student uses case studies, internet research, and group projects to apply knowledge obtained in previous accounting courses. Emphasis is placed on understanding the history of the accounting standards; international issues; SEC topics; and current developments. Skills: X Prerequisites: Student must be in last semester of course work required for the associates degree and have completed a minimum of 20 hours of accounting. (ACC 2573)
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 is on analytical interpretation of ratios. Prerequisites: ACCT 2302 or instructor approval. ( )
ACNT 2377 ADVANCED AUDITING CONCEPTS AND APPLICATIONS (3-3-0). Internal control of EDP systems, EDP audit techniques, systems audit applications (periodic and perpetual), control exposure in systems, and operational and program audits. Case studies and computer applications are integrated into this course. Offered in spring semester. Prerequisites: ACNT 2331. ( )
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. Offered in Fall. Prerequisites: ACNT 2372. (ACC 2133) ( )
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. Offered in Fall. Prerequisites: ACNT 2309. (ACC 2583) ( )
ACNT 2381 COOPERATIVE EDUCATION - ACCOUNTING (3-1-15). Career related activities encountered in the student's area of specialization are offered through a cooperative agreement with the college, employer, and student. Under supervision of the college and employer, the student combines classroom learning and work experience. Directly related to a technical discipline, specific learning objectives guide the student through the paid work experience. This course may be repeated if topics and learning outcomes vary. Prerequisites: ACNT 1475 or equivalent. ( )
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. Prerequisites: Student must be in last semester of course work required for the associates degree or certificate. Instructor approval required. (ACC 2543)
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. 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)
ACNT 2391 SPECIAL TOPICS IN ACCOUNTING (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. This course may be repeated if topics and learning outcomes vary.
Topics include:
Accounting for Budgeting and Forecasting
Current accounting methods for budgeting and forecasting, short- and long-range decisions, financial plans, capital acquisitions, and organizational growth and decline. Prerequisite: ACNT 2309.
Accounting Theory
Survey of current accounting theory. Major course topics include the nature of accounting theory; the historical development of accounting and selected accounting topics; the role of the FASB, the SEC, and other bodies on accounting standard setting; the FASB's Conceptual Framework project; concepts of income and valuation; and a conceptual review of selected accounting topics. Prerequisite: ACNT 2304.
(ACC 2093)
ACNT 2403 INTERMEDIATE FINANCIAL ACCOUNTING I (4-4-0). 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 principle used by accounting professionals for disclosing accounting information related to enterprise assets. Examines professional accounting pronouncements for measuring, recording, and reporting of asset values. Prerequisites: ACCT 2302 or equivalent. (ACC 2033)