ACCT 0900 Introduction to Accounting (4L,4CR):
This course focuses on the methods, processes, and strategies necessary to analyze and understand the data used in accounting. The student will practice skills of identifying, classifying, reporting, and interpreting accounting information. Students will work problems dealing with preparation of financial statements, adjustment of information at end-of-period accounting cycles, and interpretation of the results thereof.
ACCT 1450 CB Exam Review: Adjustments and Error Correction (1L,1CR):
This course focuses on mastering adjustments and error correction. The student will practice skills of adjusting entries and correcting errors by completing tests on all aspects of adjusting entries including recording accrued revenue and expenses, unearned revenue, prepayments and adjustments, and preparing an adjusted trial balance; the common methods of finding errors; completing a bank reconciliation, and correcting current period deferral and accrual errors. Prerequisite: either on-the-job experience or an academic background in bookkeeping.
ACCT 1460 CB Exam Review: Payroll and Depreciation (1L,1CR):
This course focuses on mastering payroll and depreciation. The student will practice skills of payroll and depreciation by completing tests on all aspects of payroll including wages, withholding, taxes, forms, record keeping and applicable reporting rules; the four common methods of depreciation; depreciation under GAAP and federal income tax depreciation rules, and depreciation on tax returns vs on financial statements. Prerequisite: either on-the-job experience or an academic background in bookkeeping.
ACCT 1470 CB Exam Review: Inventory and Internal Controls (1L,1CR):
This course focuses on mastering inventory and internal controls and fraud prevention. The student will practice skills of inventory and internal controls by completing tests on the basics of inventory; the two methods of inventory; the four inventory costing methods; the basics of employee theft; and vendor, check, and credit card fraud. Prerequisite: either on-the-job experience or an academic background in bookkeeping.
ACCT 1905 Practical Accounting I (3L,2LB,4CR):
The fundamentals of accounting and recordkeeping as they apply to business operations including the use of special journals, the computation of payroll and taxes, and the preparation of financial statements are included in this course. This course is designed to help students understand the basic principles of bookkeeping and accounting. The course includes the application of accounting principles on the microcomputer. Text materials and problems on the computer should help students gain knowledge needed to keep personal records and to obtain initial employment as a bookkeeper in a small business or as a records clerk in a large business. Basic bookkeeping and accounting principles in this course also provide the foundation needed for advanced work. No credit will be given for ACCT 1905 if the student has previously earned credit in ACCT 2010 or its equivalent.
ACCT 2010 Principles of Accounting I (4L,4CR)[E]:
Examines the fundamental concepts and procedures used in the preparation of the basic financial statements of business entities. Covers generally accepted accounting principles, accounting terminology, the usefulness of financial statements, and the role that judgment plays in accounting. Prerequisite: a "C" or better in ACCT 0900; or a "C" or better in MATH 0920; or an ACT Math score of 21 or better; or an appropriate COMPASS exam score within the past year.
ACCT 2020 Principles of Accounting II (4L,4CR)[E]:
A continuation of ACCT 2010. Accounting for corporations and partnerships. Examines reports and information needed by the management of a business to make good decisions. The role accounting information plays in aiding the functions of planning, budgeting, and control is examined. Prerequisite: ACCT 2010.
ACCT 2110 Microcomputer Accounting I (1L,2LB,2CR):
Applying accounting fundamentals utilizing commonly used accounting software. Problems involve cash journals, general ledger, and related topics. Preparing and interpreting statements of a financial nature. Prerequisite: ACCT 2010, keyboarding skill, or permission of the instructor.
ACCT 2120 Computer Spreadsheet Accounting (2L,2LB,3CR):
This course prepares students to interact with computerized accounting systems. Major concepts of computerized accounting will be introduced including trial balance maintenance and financial statement generation. A commonly used spreadsheet program will be used throughout the course. Prerequisite: ACCT 2010.
ACCT 2410 Intermediate Accounting I (4L,4CR)[E]:
A study of accounting principles and procedures with emphasis on analysis, interpretation, and controls. Financial statements are studied in detail from both the theoretical and practical standpoints, with a critical examination and evaluation of areas covered. Prerequisite: ACCT 2020. (Fall semester.)
ACCT 2420 Intermediate Accounting II (4L,4CR)[E]:
A continuation of ACCT 2410. Prerequisite: ACCT 2410. (Spring semester.)
ACCT 2430 Income Tax (3L,3CR):
This course is an introduction to federal taxation of the income of individuals. Examples and problems illustrate tax laws. Computer applications may be used to illustrate specific examples.
ACCT 2460 Payroll Accounting (3L,3CR):
This course examines the fundamental concepts and procedures used in payroll accounting. Usually, payroll is the largest expense of most businesses and a continuing management challenge in terms of cost control. This course will explore payroll laws and recordkeeping requirements, running a payroll, payroll reporting and accounting procedures, and payroll systems and policies. Prerequisite: ACCT 2010, or permission of the instructor.
ACCT 2480 Cooperative Education (1-3CR) (Max. 6):
The student is afforded the opportunity to gain practical, on-the-job experience under the supervision of the accounting program coordinator and employer. A minimum of 80 hours of on-the-job training represents one semester hour. The student must maintain 12 credit hours with a 2.0 GPA during the semester. Prerequisite: full-time accounting major and permission of the program coordinator.
ACCT 2490 Topics: (Subtitle) (1-4CR):
Uncataloged accounting courses for persons who wish advance preparation in a specific discipline. Prerequisite: permission of the instructor.