Accounting | Plan Your Semester

This course is designed for the business professional who must have an understanding of financial and managerial accounting as it is used in decision making. This course is not for transfer students seeking a bachelor’s degree or for accounting majors. Learn about annual reports, financial statements, balance sheet accounts and accounting transactions. Focus on how accounting information is used in decision making and not on the mechanics behind that accounting information. This is an introductory accounting course required in some program areas. Students should consider their academic program and select either ACC 131 or ACC 231 for their first accounting course.

The student will learn current tax laws and how to apply them by preparing complex tax returns on the appropriate IRS forms. Both individual and small business tax returns will be studied and prepared. The student will have the choice of preparing the returns manually and/or using a popular tax software package.

This course is an introductory course in Financial Accounting. Learn the theory and practice of recording financial accounting data and preparation of financial statements in accordance with Generally Accepted accounting Principles (GAAP)with an emphasis on corporations. Current software and online applications will be utilized. 

This course is an introductory course in Managerial Accounting. Learn how accounting impacts managerial decision making. Topcis include stocks, bonds, cash flow, cost accoutning, break-even analysis, differential analysis, financial statements and budgeting. Current software and online applications will be utilized.

Management level professionals from all disciplines will be faced with complex situations and decisions. Appropriate managerial accounting reports and critical thinking skills are crucial to a pro-active management process. Learn about financial statement analysis, cash flow forecasting, job order costing in manufacturing, process costing in manufacturing, activity based costing in manufacturing, cost-volume analysis, cost behavior analysis, budgeting, responsibility accounting, case study analysis, critical thinking and decision making skills.

Professional accountants must have a solid background in GAAP financial accounting concepts. Review and expand your knowledge of accounting theory and processes, nature and content of the balance sheet and income statement, present value tables and their application, currently applicable Generally Accepted Accounting Principles (GAAP) and recent Financial Accounting Standards Board (FASB) pronouncements.

Complete your accounting program with a choice of practical work experience or a comprehensive accounting capstone project.

Today nearly all businesses rely on computer software to facilitate the accounting process and provide on demand financial information for effective decision making. Learn accounting software applications such as invoicing and working with customers, payables and working with vendors, month-end accounting and reports, as well as applications for inventory, banking and payroll. Web based software will be utilized in an online platform accessible to all users.