Accounting (ACC)

Courses

Course usage information

ACC-105. Computerized Accounting. 3 Credits.

LECT 3 hrs
This course is designed to introduce students to a widely used software program used to record and track accounting transactions and that simplifies financial tasks. By using QuickBooks, the students will analyze and record accounting transactions in a computerized environment.

Course usage information

ACC-108. Accounting for Hospitality. 3 Credits.

LECT 3 hrs
This course is an introduction to basic accounting principles and procedures for the hospitality student. This course integrates the accounting and financial practices of the hospitality industry with GAAP ( generally accepted accounting principles), This course will include preparation of financial statements, budgeting, controlling food costs, pricing, and managing accounts payable and accounts receivable.

Course usage information

ACC-110. Elements of Accounting. 3 Credits.

LECT 3 hrs, LAB 1 hr
This is an introductory accounting course that focuses on accounting for small businesses. Emphasis is placed on recordkeeping from basic journalizing to year-end closing and financial statement preparation. Additionally, the course covers payroll and taxation issues related to small business operations.
Prerequisites: MAT-007 or equivalent.

Course usage information

ACC-111. Principles of Accounting I - Financial Accounting. 3 Credits.

LECT 3 hrs, LAB 1 hr
Financial accounting is a service activity that functions to collect and communicate useful financial information about economic entities. The course will be concerned with processing accounting information assets and liabilities, accounting theory for corporations and financial statement analysis.
Prerequisites: MAT-016 or equivalent
Additional Fees: Course fee applies.

Course usage information

ACC-112. Principles of Accounting II - Managerial Accounting. 3 Credits.

LECT 3 hrs, LAB 1 hr
A segment of accounting that deals specifically with how accounting data and other financial information can be used in the management of business, governmental or not-for-profit entities. The course is specifically designed to assist internal management and deals with cost-volume-profit analysis, cost systems, budgeting and performance evaluation for goal congruence and statement analysis designed for future managers.
Prerequisites: ACC-111 minimum grade of C
Additional Fees: Course fee applies.

Course usage information

ACC-211. Intermediate Accounting I. 3 Credits.

LECT 3 hrs
A study of the complex aspect of financial accounting and reporting for persons outside the firm. The course includes the expanded treatment of generally accepted accounting principles (GAAP) underlying the preparation of financial statements and of cash and temporary investments, receivables, present value concepts, cash flow valuations of assets and inventories, methods of estimating the inventory depreciation and depletion.
Prerequisites: ACC-112.

Course usage information

ACC-212. Intermediate Accounting II. 3 Credits.

LECT 3 hrs
The course includes the study of financial accounting and reporting. Course includes expanded treatment of generally accepted accounting principles (GAAP) as they relate to long-term investments, liabilities (both current and long-term), leases, pensions, income taxes, earnings per share, financial statement analysis and other topics.
Prerequisites: ACC-211.

Course usage information

ACC-213. Tax Procedures. 3 Credits.

LECT 3 hrs
A study of the Internal Revenue Code and application of accounting principles for preparation of federal individual income tax returns.Limited business application.
Prerequisites: ACC-111.

Course usage information

ACC-215. Cost Accounting. 3 Credits.

LECT 3 hrs
This course covers the basic procedures and techniques of accounting for the production and distribution of goods. It provides an explanation of the cost components of manufacturing operations: direct materials, direct labor and factory overhead.
Prerequisites: ACC-112.

Course usage information

ACC-230. Principles of Auditing. 3 Credits.

LECT 3 hrs
The course integrates the most important concepts of auditing as well as certain practical aspects in a logical manner to assist students in understanding audit decision making and evidence accumulation. Coverage includes, but is not limited to, concepts of evidence accumulation; analytical procedures as audit tools; probability and risk and their effect on the audit; application of the auditing process to the sales and collection cycle and other cycles; audit reports and requirements for completion of the audit cycle.
Prerequisites: ACC-212.

Course usage information

ACC-231. Government and Not-For-Profit Accounting. 3 Credits.

LECT 3 hrs
This course involves financial analysis and reporting for government and not-for-profit organizations, including concepts, standards, and procedures designed to accommodate the uniqueness of the not-for-profit environment. The course deals specifically with financial accounting and reporting aspects applicable to (1) state and local governments and other special districts and public authorities; and (2)the Federal government agencies, universities and hospitals.
Prerequisites: ACC-212.

Course usage information

ACC-291. Special Topics in Accounting. 3 Credits.

LECT 3 hrs
This course offers students an opportunity to explore special topics or issues in Accounting. Topics may differ each time the course is offered and may include areas of negotiation or conflict resolution.

Course usage information

ACC-292. Special Topics in Accounting. 3 Credits.

LECT 3 hrs
An examination of selected topics or issues in accounting. Topics may differ each time the course is offered. Students should consult the department chairperson for further information.