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A.A.S. in Accounting Course Outline

Course NumberCore Required CoursesCredit Hours
ACC 111 Accounting Principles 4
ACC 112 Accounting Systems and Procedures 2
ACC 212 Principles of Managerial Accounting 3
ACC 211 Income Tax Accounting 3
ACC 114 Intermediate Accounting I 4
ACC 214 Intermediate Accounting II 3
ACC 122 Computer Accounting Applications and Payroll 2
ACC 221 Advanced Tax Accounting 3
ACC 222 Auditing 3
ACC 223 Projects/Practicum 3
BUS 111 Introduction to Business Law 3
BUS 113 Business Law I 3
  Total

36

Course NumberBusiness Elective Courses (any 3)
Credit Hours
BUS 112
Principles of Marketing
3
BUS 213
Business Law II
3
BUS 214
Business Negotiations and Effective Speaking
3
BUS 114
New Business Venture Development
3
BUS 115
Small Business Operations
3
BUS 116 Effective Sales Management 3
BUS 117 E-Commerce for Entrepreneurs 3
Course NumberGeneral Education Required
Credit Hours    
ENG 121
English Composition
3
GEN 120
General Physics
 3
MTH 192 General Statistics 3
GEN 117
Ethics
 3
GEN 111
Principles of Economics
 3
  Total 15

Course Descriptions

ACC 111 Accounting Principles
This course examines accounting principles and theory and serves as a foundation for all other accounting courses. It provides clear and concise review of the accounting cycle using the corporate structure to produce general-purpose financial statements: Income Statement, Statement of Retained Earnings, Balance Sheet and Statement of Cash Flows. Various accounting approaches and the effect of these approaches on the financial statement users will also be introduced. Prerequisite: None.

ACC 112 Accounting Systems & Procedures
During this course students learn basic accounting procedures in recording business transactions in journals and their periodic summary in ledgers for the purpose of preparing Financial Statements. Students will gain an appreciation for the complexity of manual and computerized accounting systems that need to provide users of all levels with timely and accurate information. Prerequisite: None.

ACC 114 Intermediate Accounting I 
Building on the foundations of Accounting Principles, this course provides a more in–depth study of accounting theory and practice. Beginning with a brief review of the accounting process, the course delves into the conceptual framework for accounting, the accounting standards setting process, and the hierarchy of accounting pronouncements. The course then explores the components of the financial statement package including such issues as the quality of earnings and the measurement and reporting of unusual, infrequent, and non–operating items. Accounting, reporting, and valuation issues surrounding cash, receivables, inventory and long–term assets are also covered including the impairment of tangible and intangible assets. Prerequisite: ACC 111, ACC 112

ACC 122 Computer Accounting Applications & Payroll
Computer Accounting Applications instructs students in journal entries recording, posting of accounting information and preparation of financial statements for service and merchandising businesses. Computer software will be used in class for accounts receivables and sales, accounts payables and purchases, general ledger, inventories, financial reports, charts and graphs. Course also covers practical applications of payroll tax laws and requirements including payroll registers, tax returns, and deposit coupons. Prerequisite: ACC 111, ACC 112

ACC 211 Income Tax Accounting
The course examines various types of taxes and tax payers, conceptual basis of the U.S. Federal Income tax system, a tax planning framework, and tax research methodology. While topics concern both individuals and businesses, the emphasis is on the taxation of business entities. Income, deductions, losses, and property transactions, income inclusions and exclusions, capital gains and losses, business and personal deductions and accounting methods will are studied in detail. Prerequisite: ACC 111, ACC 112

ACC 212 Principles of Managerial Accounting
This course has an emphasis on product costing, direct costing, performance standards and variance analysis, responsibility accounting, segment profitability, alternative choice decisions, and capital budgeting. Topics also include the development, interpretation, and use of relevant cost behavior, control, and traceability concepts for management planning, controlling and decision making. Prerequisite: ACC 111, ACC 112

ACC 214 Intermediate Accounting II
Building on the foundations of Accounting Principles, this course provides a more in–depth study of accounting theory and practice. Beginning with a brief review of the accounting process, the course delves into the conceptual framework for accounting, the accounting standards setting process, and the hierarchy of accounting pronouncements. The course then explores the components of the financial statement package including such issues as the quality of earnings and the measurement and reporting of unusual, infrequent, and non–operating items; the Statement of Cash flows is also studied in depth. Liability reporting, issues related to Stockholders’ Equity, and the reporting requirements for Pensions, Leases and Taxes are explored. The course also covers footnote and other financial statement disclosures. Prerequisite: ACC 111, ACC 112, ACC 114

ACC 221 Advanced Tax Accounting
This course continues the study of the federal tax laws that govern the transactions during a corporation’s life cycle. The tax effects of organizing, operating, making distributions, reorganizing, and liquidating regular and S corporations are analyzed. Issues concerning real and personal property wills and trusts, SEC regulations and unfair trade activities will also be addressed. Prerequisite: ACC 211, ACC 212

ACC 222 Auditing
The course is designed to provide students with a thorough understanding of auditing concepts, principles and practice. The main focus is on professional ethics, legal liability, audit objectives, procedures and documentation, and auditors’ reports. Training covers planning an audit, gathering evidence testing internal controls and account balances, audit sampling, creating audit work papers and audit reports. Topics on current developments in auditing will also be incorporated into the study. Prerequisite: ACC 211, ACC 212

ACC 223 Project /Practicum
The Project/Practicum reviews and reinforces the theory and applications taught in courses for Bookkeeping, Financial and Managerial Accounting, and Computerized Accounting. It will offer practical training and is recommended for students desiring to reinforce their understanding of accounting principles to increase productivity by using computerized accounting software for solving problems and implementing accounting procedures. Students will be required to complete a minimum of 135 hours in an approved accounting-related workplace setting. Placements may require substance abuse testing, criminal background check, or other workplace-specific assurances. The requirements represent an additional program cost to the student. Prerequisite: ACC 211, ACC 212

BUS 111 Introduction to Business
The course focuses on today’s business climate. It presents a thorough survey of the entire field of business and management in the free enterprise system and explores areas of specialization in the business world. Concepts of business and management functions, organizational considerations, and decision-making processes are introduced. Topics also include such areas of business as marketing, management, finance, small business, personnel and labor-management relations, globalization, business ethics, social responsibility, motivation, and many more. Prerequisite: None.

BUS 112 Principles of Marketing
The course emphasizes key concepts and issues underlying the modern practice of marketing. The role of marketing in the organization and in society is examined and analyzed. Course content includes the general nature of marketing in both macro and micro contexts, the marketing concept, buyer behavior, and marketing organization. The marketing process is analyzed through the four main decision areas of products and services, distribution, promotion, and pricing. Case histories and illustrative examples are used throughout the course. Prerequisite: None.

BUS 113 Business Law I
Presents an integrated approach to the legal environment of business with a fresh up to date introduction to the American system of jurisprudence, constitutional law, the dual court system, administrative agencies, consumer protection, environmental law, Uniform Commercial Code, torts and crimes and a thorough understanding of the Law of Contracts. Prerequisite: BUS 111

BUS 213 Business Law II
This course is a continuation of Business Law I, developing a basic understanding and application of the Uniform Commercial Code consisting of sales, commercial paper, Law of Agency, banking, Letter of Credit, bulk transfer, documents of title, investments and secured transactions, and a general understanding of business organizations, bankruptcy, and estates and trusts. Prerequisite: BUS 113

BUS 214 Business Negotiations & Effective Speaking

This course examines the wide variety of approaches to the analysis of and practice of negotiation, and related issues in mediated negotiation. Students will learn the history of thinking about negotiation, frameworks for analyzing negotiation, and roles of specific factors, including: affect, culture, relationship, alternatives, time pressures, tactics, third parties (mediators), constraints on flexibility, turning points, preparation, and power. Students will each choose a case (or cases) of negotiation to analyze, utilizing frameworks and literature reviewed in the course, as well as additional literature. Prerequisite: GEN 112

BUS 114 New Business Venture Development

This course will provide students with an overview of entrepreneurship and familiarize them with the basic toolset necessary to plan and launch a new business. Topics cover idea generation, opportunity assessment, business plan, the sourcing of capital, and the dynamics of launching and growing a startup. Through a mix of lectures and interactive class discussions, students will be exposed to key models, concepts and terminology targeted provide them with a conceptual framework to better understand the entrepreneurial world, how it works, and how to navigate it and succeed in it. Prerequisite: None.

BUS 115 Small Business Operations

This course focuses on critical elements involved with starting and operating a small business. Topics cover process design, job design, quality management, technology management, marketing strategies, financial matters and human resource considerations. Students also develop operations decisions making skills for inventory, materials, scheduling and planning specific to the needs of a small business as it progresses through the business life cycle. Prerequisite: None.

BUS 116 Effective Sales Management

This course is designed to be a hands-on introduction to selling and sales management. Topics cover understanding the sales process, the relationship between sales and marketing, sales force structure, customer relationship management (CRM), use of technology to improve sales force effectiveness, and issues in recruiting, selecting, training, motivating, compensating and retaining salespeople. Through a mix of lectures, cases and interactive class discussions, students learn to formulate, implement, and evaluate a sales program, as well as apply requirements for sustaining current customer base and increase gross sales. Prerequisite: None.

BUS 117 E-Commerce for Entrepreneurs

This course is designed to introduce students to the use of the Internet to improve business profit. It will include foundations of e-commerce, its infrastructure, current business models in business-to-customers (B2C) and business-to-business (B2B) transactions,planning, legal issues, Web design, security issues, evaluation of the optimal product, e-marketing, payment options, using the Internet for alternative sources of supply, security, and alternative Internet services. Case studies are used to reinforce the key concepts introduced in the course. Prerequisite: None.

ENG 121 English Composition

This course focuses on student writing with an emphasis on reading and analytical thinking. Research and oral communication skills are introduced. Upon completion of this course, students should be able to prepare well-constructed informal reports and process, informative and descriptive essays.Prerequisite: None.

MTH 192 General Statistics

The course will focus on mathematical reasoning and the solving of real-life problems. Topics include descriptive methods, basic probability theory, probability distributions, statistical inference, correlation and regression, and f-test and analysis of variance. Prerequisite: None

GEN 117 Ethics

This course presents a study of the principal ethical theories and concepts of human conduct and character, as well as a critical evaluation of these theories and concepts as they apply to particular moral problems and decisions. Prerequisite: None.

GEN 111 Principles of Economics

The course will introduce students to national income theories, price theories and behavior of the firm under varying economic conditions. It includes the economic roles of business,government and households; economic fluctuations and growth; money and banking; and international economics.Prerequisite: None.

Disclosures

Program InformationA.A.S. in Accounting

The name and U.S. Department of Labor's Standard Occupational Classification (SOC) code of the occupations that the program prepares students to enter

Accountants and Auditors - 13-2010
Bookkeeping, Accounting, and Auditing Clerks - 43-3030

13-2010
Accountants and
Auditors
43-3030
Bookkeeping,
Accounting, and
Auditing Clerks

The on-time graduation rate for students completing the program (2011-2012)

n/a

Program Tuition Fee

Books & Supplies (Est.)

$17,200

$2,718

Job Placement Rate for students completing the program (2011-2012)

n/a

The median Loan Debt incurred by students who completed the program (2011-2012)

n/a