ACC 1524 INTRODUCTION TO ACCOUNTING I (4-3-3). Analyzing, classifying, and recording business transactions in a manual and computerized environment (Peachtree). Emphasizes an understanding of the accounting cycle and preparation of basic financial statements. Skills: R
ACC 1534 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; continued mastery of accounting software (Peachtree). Prerequisites: ACC 1524.
ACC 1544 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: ACC 1534 Introduction to Accounting II and ACC 1913 Introduction to Computerized Accounting.
ACC 1613 ACCOUNTING PRINCIPLES ACCELERATED (3-3-0). A special accelerated review course designed primarily for business students returning to school after an absence of several years and/or non-accounting majors. Includes a review of accounting as a means of communicating relevant economic information to external parties and a similar review of accounting information as used by internal users (enterprise managers). Examines transaction analysis, financial and responsibility accounting, and statement preparation. A student previously proficient in basic fundamentals should markedly increase his/her comprehension while learning current terminology and the latest accounting practices. Skills: Y Prerequisites: ACC 1623.
ACC 1623 PRINCIPLES OF FINANCIAL ACCOUNTING (3-3-1).
An introduction to financial accounting concepts and the communication of financial information to external users. Examines the accounting process, financial statement preparation and analysis, and related topics.
Before enrolling in ACC 1623, it is advisable to 1) have taken the equivalent of OST 1053 or MGT 1013; or 2) have recently taken high school bookkeeping; or 3) have acquired relevant work experience. Although not required, the equivalent of MTH 1643 provides a good foundation for ACC 1623. If you have any questions, consult with an accounting advisor.
Skills: R
(ACCT 2301)
ACC 1633 PRINCIPLES OF MANAGERIAL ACCOUNTING (3-3-0). Introduction to communicating accounting information to internal users (enterprise managers). Examines cost behavior and control, budgeting, product cost accumulation and pricing, and responsibility accounting. Prerequisites: Completion of ACC 1623 (or its equivalent) with a grade of C or better. (ACCT 2302)
ACC 1913 INTRODUCTION TO COMPUTERIZED ACCOUNTING (3-2-2). Develops further skills in maintaining accounting records using general ledger software (Peachtree), provides in-depth exposure to accounts receivable/accounts payable modules; introduction to Quickbooks. Skills: R Prerequisites: ACC 1524 Introduction to Accounting I
ACC 1923 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 are; 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; etc. Prerequisites: ACC 1534 and ACC 1913.
ACC 1943 PAYROLL AND BUSINESS TAX ACCOUNTING (3-2-2). A study of payroll tax procedures and reporting requirements of local, state and federal taxing authorities. Prerequisites: ACC 1534 Introduction to Accounting II
ACC 1953 SPECIAL TOPICS IN ACCOUNTING TECHNICIAN (3-3-0). 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: ACC 1534 and ACC 1923
ACC 2013 BUSINESS STATISTICS (3-3-0). A course designed for students majoring in business. Topics include organization of measurements, determining measures of central tendency, variability, counting, probability, statistical inference, hypothesis testing (large and small samples), simple and multiple regression and correlation, non-parametric methods, and time series. Prerequisites: MTH 1643, MTH 1743 or Instructor Approval.
ACC 2023 INCOME TAX (INDIVIDUAL) (3-3-0). Emphasis on federal income tax law; individual income, exclusions, deductions, credits, gains, etc.; and incorporating these concepts into individual tax filing requirement. Prerequisites: ACC 1623 or equivalent.
ACC 2033 INTERMEDIATE FINANCIAL ACCOUNTING I (3-3-0). 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. Prerequisites: ACC 1623 or equivalent.
ACC 2043 INTERMEDIATE FINANCIAL ACCOUNTING II (3-3-0). A continuation of the accounting standards and principles for disclosing accounting information related to liabilities, owners' equities, funds flow, and related topics. Prerequisites: ACC 2033 or equivalent.
ACC 2063 COST ACCOUNTING (3-3-0). Cost accounting principles related to factory overhead, materials, labor, and manufacturing expenses. Also reviews planning of profit, cost, and sales. Cost and profit analysis, profit performance, and measurements. Prerequisites: ACC 1633 or equivalent.
ACC 2073 AUDITING I (3-3-0). Auditing standards and procedures used by internal auditors and independent public accountants; responsibilities of auditors; development of audit programs; accumulation of audit evidence and reporting. Prerequisites: ACC 2043.
ACC 2083 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: ACC 2043 or equivalent.
ACC 2093 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. Prerequisites: ACC 2073 or equivalent
ACC 2103 ACCOUNTING INFORMATION SYSTEMS (3-3-0). Data collection, retrieval, manipulation, filtering, and storing of accounting information with EDP systems. Prerequisites: ACC 1633 or equivalent.
ACC 2113 ACCOUNTING FOR BUDGETING AND FORECASTING (3-3-0). Current accounting methods for budgeting and forecasting short- and long-range decisions, financial plans, capital acquisitions, and organizational growth and decline. Prerequisites: ACC 2063 or equivalent.
ACC 2123 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. Prerequisites: ACC 1623.
ACC 2133 GOVERNMENTAL AUDITING & NON PROFIT 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. Prerequisites: ACC 2123.
ACC 2143 FINANCIAL STATEMENT ANALYSIS (3-3-0). A course designed for business and nonbusiness majors. 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. The ratio analysis includes company ratios, trends and present position, and industry standards. Heavy emphasis is on analytical interpretation of ratios. Prerequisites: ACC 1623 and ACC 1633 or Instructor approval.
ACC 2513 INCOME TAX (CORPORATIONS) (3-3-0). Federal income tax law and concepts applied to (Corporations) partnerships, corporations, tax-option corporations, and consolidated groups. Prerequisites: ACC 2023 or equivalent.
ACC 2523 INCOME TAX (ESTATE $ GIFT) (3-3-0). Topics covered include transfers (life and death),(estate and gift), property owned, life insurance, expenses, debts, charitable bequests, marital deduction, and generation skipping. Prerequisites: ACC 2023.
ACC 2533 SPECIAL TOPICS IN ACCOUNTING (3-3-0). Course will cover topic of current or special interest in Financial Accounting, Income Tax, or Auditing not addressed by other courses. Course topic will be announced prior to Registration. May be repeated when topics vary. Prerequisites: Varies with topic.
ACC 2533.1 ACCOUNTING THEORY (3-3-0). 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. Prerequisites: ACC 2033.
ACC 2543 ACCOUNTING INTERNSHIP (3-1-12). As a capstone experience, the course is designed to provide student with experience in an actual accounting work environment. 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 2553 TAX PRACTICUM I (3-1-15). Federal Income Tax Form 1040 preparation skill and tax payer interviewing techniques are developed in the offices of a tax preparation organization (IRS, CPA firms, tax preparer offices). Skills: X
ACC 2563 TAX PRACTICUM II (3-1-15). Advanced tax preparation skill to be developed for 1040 supporting schedules (A, B, C, E, 4797, etc.), as well as corporation, partnership, and trust tax returns in tax preparation organizations. Skills: X
ACC 2573 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 2583 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. Prerequisites: ACC 2063.