Accounting (ACCT)

ACCT 100 Accounting for Non-Accountants (Cr3) (3:0)
Introduces financial concepts to non-business majors; emphasizes the preparation of internal and external reports for use in the decision making process of business entities. Only one of the following: ACCT 100 or ACCT 101 may be applied to a degree. ACCT 100 cannot be used as a substitute for ACCT 101. Also available through Online Learning.

ACCT 101 Financial Accounting I (Cr3) (3:0)
Analysis and interpretation of basic accounting structure, systems, and controls applicable to various business entities. Only one of the following: ACCT 101 or ACCT 100 may be applied to a degree. ACCT 100 cannot be used as a substitute for ACCT 101. Also available through Online Learning.

ACCT 151 Financial Accounting II (Cr3) (3:0)
Analysis and interpretation of business organizations, relating to earnings, reserves, investments, costs, budgeting, and taxes. Prereq. - ACCT 101. Also available through Online Learning.

ACCT 160 Accounting Applications (Cr3) (3:0)
In this course students will learn both payroll accounting and QuickBooks. In a hands-on environment, students learn the design and function of a computerized accounting information system, with the emphasis on providing information for external users and for management decision making. The course includes the principles of accounting information systems, the relationship of computerized accounting systems to manual systems, transaction processing, and report generating using an accounting software package, and the application of management decision-0making tools using appropriate software. The payroll accounting portion of the course will include personnel and payroll records, Fair Labor Standards Act, phases of the Social Security Act, and Federal Income Tax Withholding laws. Prereq.- ACCT 101. Also available through Online Learning.

ACCT 201 Intermediate Accounting I (Cr4) (4:0)
Corporate accounting dealing with the principles of financial accounting theory, the development of accounting theory, analysis of financial statements, cash and markets, securities, receivables, inventories, current liabilities, long term liabilities and operational assets. Prereq. - ACCT 151. Also available through Online Learning.

ACCT 202 Managerial Accounting (Cr3) (3:0)
Emphasizes the uses of accounting information for managerial decision making, planning and control, and cost accumulation and allocation. Prereq. - ACCT 101. Also available through Online Learning.

ACCT 205 Cost Accounting (Cr3) (3:0)
Cost concepts and procedures relating to job cost systems, process cost systems and standard costs. Prereq. - ACCT 151. Also available through Online Learning.

ACCT 220 Income Tax Accounting I (Cr3) (3:0)
Review of the Internal Revenue Code applicable to individual income tax returns. Prereq. - ACCT 151. Also available through Online Learning.

ACCT 251 Intermediate Accounting II (Cr3) (3:0)
Long-term investments; acquisition, depreciation, retirement, and depletion of plant assets; intangible assets; bonds, leases, corporate capital; stock rights and warrants; treasury stock and accounting and inflation. Prereq. - ACCT 201. Also available through Online Learning.

ACCT 255 Principles of Auditing (Cr3) (3:0)
This course is an analysis and appraisal of current auditing principles and procedures involving staff organization, professional ethics and legal responsibility, internal control, audit programs and working papers and original record examination. Students are required to complete a comprehensive audit case study. Prereq.- ACCT 201. Also available through Online Learning.

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