Course Descriptions

Accounting (ACCT)

ACCT 110  Practical Financial Accounting 1  (5)

Elementary course covering the complete accounting cycle for service and merchandising businesses, as well as the basic functions of analyzing, classifying, recording, and summarizing accounting data. Topics may include journals, ledgers, worksheets, adjusting entries and financial statement preparation, receivables, payables and banking procedures. Includes a computerized general ledger application. PREREQUISITE: Eligible for READ 104 or instructor's permission.

ACCT 111  Practical Financial Accounting 2  (5)

A continuation of ACCT 110 with an emphasis on generally-accepted accounting principles. Topics may include payroll, special journals, receivables, payables, bad debts, notes and inventories. Includes computerized accounting applications. PREREQUISITE: ACCT 110 with a grade of 2.0 or higher; or instructor's permission.

ACCT 112  QuickBooks for Accounting  (5)

The capstone financial accounting course for the accounting certificate. Provides hands-on experience in computerized, integrated accounting systems. Covers accounts receivable, accounts payable, payroll, inventory and job costs. PREREQUISITE: ACCT 110 or ACCT& 201 and BTAC 100 with a grade of 2.0 or higher; or instructor's permission.

ACCT 113  Practical Accounting  (5)

A continuation of ACCT 111. The last in the financial accounting series for the Associate in Applied Arts in Accounting. Topics may include accounting for property, plant and equipment, partnerships and corporations, bonds payable, the statement of cash flows, financial statement analysis and manufacturing accounting. May include integrated general ledger accounting software applications and spreadsheet applications. PREREQUISITE: ACCT 111 with a grade of 2.0 or higher; and B A 145; or instructor's permission.

ACCT 118  Individual Taxation  (5)

Introduces the principles and problems in tax accounting for individuals. Includes the concepts of gross income, adjusted gross income, taxable income, deductions, exemptions, and credits. Provides experience in completing tax reporting forms manually and with tax return preparation software. PREREQUISITE: ACCT 111 or ACCT& 201 with a grade of 2.0 or higher; or instructor's permission.

ACCT 121  Payroll Accounting  (5)

Introduces payroll calculations, payroll taxes, and record and report preparation. Includes a manual payroll project and computerized payroll accounting applications. PREREQUISITE: ACCT 110 or ACCT& 201 with a grade of 2.0 or higher.

ACCT 130.1  QuickBooks: Introduction and Customer Transaction  (1)

Introduction to the types of companies that use QuickBooks Pro. Includes basic accounting practices and basic file management operations. Covers QuickBooks transactions, the customer center and service Items. Students create invoices, receive payments, enter sales receipts, make deposits, and create statements and customer-related reports. RECOMMENDED: Keyboarding skills.

ACCT 130.2  QuickBooks: Vendor Transactions and Banking  (1)

Introduces vendor transactions. Includes working with bills, entering and making changes to vendor information, paying bills, writing checks, and vendor-related and profit/loss reports. Covers the banking area of the home page, creates a bank account, edits accounts in the chart of accounts, and QuickBooks banking features.

ACCT 130.3  QuickBooks: Create a Company and Inventory  (1)

Introduces company creation. Deals with choosing a start date, the default chart of accounts and customizing a company file. Includes file management, subaccounts, editing QuickBooks preferences, entering opening balances, and recording historical transactions. Covers balance sheet reports, QuickBooks inventory features, creating purchase orders, sales tax, the effects of selling and receiving items on the inventory, and inventory management reports.

ACCT 130.4  QuickBooks: Payroll and Balance Sheet  (1)

Uses QuickBooks for payroll and working with balance sheet accounts. Introduces QuickBooks payroll, including creating employee lists, creating paychecks and pay stubs, and passing billable time on to customers. Includes payroll liabilities, such as sales and payroll taxes, and payroll reports and forms. Covers other current assets, fixed assets, long term liabilities, and equity.

ACCT 130.5  QuickBooks: Estimates, Job Costing and Time  (1)

Includes setting up, managing, applying classes to transactions, and running a profit and loss by class report. Includes job estimates and customer invoicing in stages or for the entire amount. Covers time tracking, preset reports to review job profitability, create journal entries, customize reports and graphs, create a custom invoice template, and work with the layout designer.

ACCT 175  Accounting Instructor Aide  (1-5)

Students assist the instructor. Aides work with other students in accounting classes, answering their questions, and doing tutorial-type work. PREREQUISITE: Instructor's permission.

ACCT& 201  Principles of Accounting I  (5)

The first course in the accounting transfer sequence. Introduces basic principles, concepts, theories and procedures of recording, analyzing, and interpreting financial data. Students learn fundamentals of the accounting cycle, recording and classifying of transactions, and construction of financial statements. Students study manual and electronic accounting systems, accounting for cash, internal control, receivables, payables, and inventory. Includes computer application. PREREQUISITE: Eligible for ENGL& 101 and MATH& 147; or instructor's permission.

ACCT& 202  Principles of Accounting II  (5)

The second course in the accounting transfer sequence. Topics include fixed assets, liability and equity sections of the balance sheet, the statement of cash flows, and financial statement analysis. Uses problem solving and application of generally-accepted accounting principles to promote critical reasoning. Includes computer application. PREREQUISITE: Eligible for ENGL& 101, and MATH 147; and ACCT& 201, all with a grade of 2.0 or higher; or instructor's permission. RECOMMENDED: BUS& 101 and computer spreadsheet skills.

ACCT& 203  Principles of Accounting III  (5)

The third course in the accounting transfer sequence. Covers introductory concepts of managerial accounting. Topics include absorption and variable costing, job costing, cash and capital budgeting. Includes computer application. PREREQUISITE: Eligible for ENGL& 101 and MATH 147; and ACCT& 202 with a grade of 2.0 or higher; or instructor's permission. RECOMMENDED: ECON& 202 and MATH 147 prior to enrolling in this course and computer spreadsheet skills.