Accounting
Overview
- The Accounting program offers a course of study that will prepare participants for employment at many different levels depending upon their previous experience. This program offers students a career ladder approach to business office-related careers, which has the following advantages:
- The Accounting Technician I and II certificates are awarded to students for their progress and prepare them with the skills they need to obtain employment in a variety of entry-level positions. Some course flexibility is allowed within the certificate requirements to facilitate student progress and allow students to tailor the certificates to match their personal and career goals.
- The certificates ultimately count towards an Associate of Applied Science degree.
- The Associate of Applied Science program is designed to place students on a pathway towards a supervisory position in an accounting and financial office environment.
In addition, the accounting program offers students the opportunity to take courses that satisfy nearly all of the general core requirements of a four-year college. This track is recommended for students who wish to earn an associate degree, but who plan to continue their education and earn a bachelor’s degree.
Courses are offered at varying times of day in order to allow students to pursue their career goals on either a full-time or part-time basis.
Degree Outcomes
Upon successful completion of the Accounting programs, graduates are able to:
- Understand fundamental accounting principles and how they are applied to achieve proper financial oversight and management.
- Balance and reconcile accounting information using generally accepted accounting principles to ensure that financial data is compiled completely and accurately
- Use information from financial statements and other documents to support managerial decision making and assess the financial well-being of an organization.
- Gain a working knowledge of the functions of a business, including: general management, operational effectiveness, and financial accountability.
- Understand the importance of ethical behavior in business and how organizations influence ethical behavior; demonstrate ethical behavior in personal, academic, and professional activities.
Admission Requirements and Prerequisites
Students must meet general admissions requirements.
Careers in Accounting
Forensic Accounting
Also known as forensic auditors or investigative auditors, these professionals are generally employed in case of a dispute or potential litigation (lawsuit). Cases may range from insurance claims, personal injury suits and royalty audits to insolvency, divorce, or breach of contract issues.
Managerial Accounting
Managerial accountants work within companies and organizations to direct internal financial processes; monitor costs, sales, spending and budgets; conduct audits; identify past trends and predict future needs; and assist company leaders with financial decisions.
Public Accounting
Public accountants assist individuals and corporations with a variety of financial tasks, including computing and filing income taxes, reviewing financial records, staying up to date on fiscal regulations, creating financial statements and providing general accounting advice. They may work in private practice or be employed at an accounting firm.
Financial Accounting
Financial accountants are responsible for the public reporting of a company or organization’s financial status. This work involves collecting and maintaining data, detecting trends, and forecasting future needs.
Auditing
Auditors work with a range of clients to review financial documents for accuracy and compliance with laws and regulations.
Government Auditing
As public servants, government accountants manage budgets, expenses, and revenues at the federal, state, and local levels for organizations such as the military, law enforcement, and public schools.
Degrees and Certificates
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Accounting, Associate of Applied Science -
Accounting Technician I, Certificate -
Accounting Technician II, Certificate
Courses
ACC 101: Principles of Accounting I
Credits 3.0This course will introduce students to accounting concepts and procedures for small and medium-sized businesses. Students will learn basic accounting concepts including debit and credit and the principles of double-entry accounting. Students will learn about analyzing business transactions, journal entries, ledger accounts, posting and closing entries, and managing accounts payable and receivable.
ACC 104: Personal Income Tax
Credits 1.0Details of taxable income, deductions, credits and exemptions, and forms. New tax law changes are emphasized. Record-keeping requirements and suggestions are given. Use of computer software in determining taxes, completing proper forms, and electronic filing are also covered. Students may receive assistance in completing their own taxes as time permits.
ACC 114: Payroll Accounting
Credits 3.0This course presents practical applications of payroll procedures. Topics include the methods of computing wages and salaries, calculating withholdings, keeping records, and the preparation of various city, state, and federal reports.
ACC 201: Principles of Accounting II
Credits 3.0This course introduces students to accounting concepts and procedures for partnerships and corporations. Students will learn the complete accounting cycle to include preparation of a trial balance, and recording adjusting and closing entries. Students will explore accounts payable and accounts receivable, merchandise inventory, long-term bonds, and corporate transactions.
ACC 202: Managerial Accounting
Credits 3.0This course covers the internal use of financial information for decision-making, cost measurement and management, and performance evaluation. Students will learn to use accounting data for planning, controlling, and making decisions concerning the optimum allocation of the firm’s financial resources.
ACC 203: Fundamentals of Non-Profit and Government Accounting
Credits 3.0This course presents the unique characteristics of governmental and not-for-profit organizations and provides the basic conceptual foundation for understanding accounting and financial reporting practices. In this course, financial reporting by state and local governments, governmental financial performance analysis, auditing procedures, and budgets and performance measurements will be presented.
ACC 245: Computerized Accounting
Credits 3.0This course emphasizes the use of computerized accounting software and spreadsheets to perform accounting functions. Using automated software, students will set up company accounts, analyze and input transactions, generate and customize financial reports, and complete end-of-period closing transactions. Students will also use spreadsheet applications to create, enhance, and present financial information.
ACC 246: Priniciples of Auditing
Credits 3.0This course is designed to acquaint the student with methods of verification, analysis, and interpretation of generally accepted auditing procedures and the mechanics of planning and implementing an audit and the preparation of audits. Students will discuss auditing theory and practice, with emphasis on professional and ethical responsibilities.