This course includes an introduction to the accounting cycle, basic procedures in double-entry bookkeeping, and an examination of the parts of the income statement and balance sheet financial statements. Emphasis is placed on cash receipts, cash disbursements, accounts receivable, and accounts payable.
Course is offered On-line
An in-depth study of various payroll systems, this course includes the study of related law and practices. Students practice preparing payrolls and computing deductions. Emphasis is placed on actual preparation of payroll projects, including payroll tax returns.
Course is offered On-line
This course is an introductory survey of current individual income tax laws. Topics include basic filing requirements, includable income, adjustments, itemized deductions, and tax credits.
This is the first of three accounting courses covering principles of accounting. It emphasizes the fundamental principles of accounting. Students are provided a balanced, comprehensive coverage of financial topics. Real-world illustrations are incorporated reflecting current relevant business practices. The course content acquaints students with the basic accounting cycle, linkage between the journal entry and ledger account, adjusting process, internal control, merchandising, inventories, and financial reporting. NOTE: Students should attempt to take ACCT 1100, ACCT 1110, and ACCT 1120 immediately after one another to facilitate understanding and learning. It is helpful to complete the math requirements early in the program of study.
Course is offered On-line
This is the second of three accounting courses. The course content includes short- and long-term assets, current liabilities, components of stakeholders' equity, the corporate income statement, bonds payable, statement of cash flows, and financial statement analysis. Real-world illustrations are incorporated reflecting current relevant business practices and applications of accounting principles. NOTE: Students should attempt to take ACCT 1100, ACCT 1110, and ACCT 1120 immediately after one another to facilitate understanding and learning. It is helpful to complete the math requirements early in the program of study.
Course is offered On-line
This is the third of three accounting principles courses. The course content includes an introduction to management accounting, manufacturing operations, and cost accounting systems. Other topics covered include budgeting, cost-volume-profit analysis, performance evaluation using variances, differential analysis, product pricing, decision-making, and capital investment analysis. Applications of well-known companies are illustrated throughout the course. NOTE: Students should attempt to take ACCT 1100, ACCT 1110, and ACCT 1120 immediately after one another to facilitate understanding and learning. It is helpful to complete the math requirements early in the program of study.
Course is offered On-line
This course is an introduction to the QuickBooks software program. Students use the QuickBooks software to record transactions related to sales, sales invoicing, purchases, purchase invoicing, receipts, payments, and payroll. Students also use the software to generate financial statements and other financial reports. NOTE: It is helpful, though not required, for students taking ACCT 1210 Accounting with QuickBooks to have had either high school bookkeeping classes or have taken ACCT 1050 Bookkeeping.
In this course, students learn how to use spreadsheets to effectively organize and manipulate business data. Emphasis is on basic spreadsheet organization, commands, and functions related to managerial, financial, and accounting applications. NOTE: The co-requisite ACCT 1110 can be taken concurrently or have previously been completed.
This course is an advanced study of financial accounting. This course emphasizes basic accounting theory, financial statement presentation, income and loss recognition, statement of cash flows, accounting treatment of current items, and a study of compound interest and annuities. NOTE: ACCT 2120 may be taken concurrently with ACCT 1120.
This is a continuation of accounting theory as related to current and non-current financial statement items. Emphasis is on plant assets, intangibles, short- and long-term liabilities, and stockholder's equity.
This course is a continuation of accounting theory and examines traditional and current subjects of controversy. Emphasis is on income taxes, leasing, accounting changes, and pensions.
Students use accounting and spreadsheet software representative of that in use by small- and medium-sized businesses. Microcomputers are used for general ledger, accounts receivable and payable, and payroll transactions. Students create spreadsheets to be used in the general areas of analysis, forecasting, problem-solving, and decision-making. NOTE: Students considering taking ACCT 2230 who have not taken INFO 1001 but have work or high school experience with spreadsheets (and have met the other prerequisite), may still be able to take this course by contacting program faculty. The co-requisite ACCT 1120 can be taken concurrently or have previously been completed.
This course emphasizes the role of the accountant or manager as decision-maker. The course involves a study of relevant costs for decision-making; contribution margin approach to decision-making; absorption costing vs. direct costing and effect on income; capital projects, selection, and subsequent evaluation; cost-volume-profit relationships; inventory planning and control; decision-making and allocation involving joint costs; and decentralization, performance measurement, and transfer pricing.
Ethical and moral issues are common in the business and accounting world. The conflicting goals of sales, success, growth, the rights and safety of consumers, the fiduciary responsibility of owners, and personal goals and ambition frequently drive individuals and businesses to ethical crossroads. Understanding the issues of ethics helps individuals and businesses deal with complex situations. (Cross-listed as BSAD 2800).
Course is offered On-line
This course is designed to permit instruction in special content areas that are not appropriately treated in other Accounting courses.
The capstone course is an independent study course where students demonstrate competencies in the areas of management, finance, accounting, and report writing by developing a draft and finalized business plan on a student-faculty agreed upon business concept. Part of the requirement of this course is a comprehensive exam covering accounting, management, marketing, and general business topics. (Cross-listed as BSAD 2940)
The internship in the Accounting program is an advanced course and is expected to be taken in the second year of study. Students apply the principles, procedures, and rules learned in financial accounting, cost and managerial accounting, income tax accounting, or payroll accounting in an actual work environment. The work setting is in a public accounting office or the accounting department of a business or nonprofit organization. Students record the tasks performed in a notebook that the work supervisor and faculty sponsor review periodically to assure that appropriate competencies are developed or reinforced. Based on state guidelines, students must complete 40 hours of work for each credit hour in this course. NOTE: Internship hours are arranged so as to award 3.0 to 4.5 credit hours for successful completion.