ACC 100 Modern Office Accounting - 4 Hrs.
An introduction to standard accounting procedures as they apply to personal, professional or small business entity records. Course covers the accounting cycle; including T accounts, the preparation of journal entries, the use of special journals, the trial balance, adjusting and closing entries; and preparation of financial statements.

ACC 101 Financial Accounting I - 4 Hrs.
Prerequisite:  High school accounting and/or bookkeeping experience, or ACC 100 Modern Office Accounting
An introduction to accounting and its fundamental principles as applied to a sole proprietorship.  Included is the theory of double-entry bookkeeping (debits & credit mechanics, journal entry preparation, adjusting and closing journal entries) leading to the preparation of financial statements. Also included will be discussions of merchandising, cash receivables accounting and the use of special journals to streamline accounting systems. (Formerly Principles of Accounting I)

ACC 105 Financial Accounting II - 4 Hrs.
Prerequisite:  ACC 101 Financial Accounting I or approval of Department Director
A continuation of principles and concepts developed in ACC 101 with emphasis on the corporate form of organization.  This course should provide the basis for more advanced studies in accounting.  The student will apply the basic accounting principles to transactions within the corporate entity.  Topics include all remaining assets, liabilities, and ownership equity accounts not covered in ACC 101.  Emphasis on inventories, bonds, stockholder’s equity, long term assets, and an introduction to cash flow statements and financial ratio analyses.  (Formerly Principles of Accounting II)

ACC 110 Computerized General Ledger - 4 Hrs.
Prerequisite:  Completion of ACC 101 Financial Accounting I is recommended
A course to introduce the student to an off-the-shelf General Ledger (G/L) software system to be run on a microcomputer. QuickBooks is designed for small to medium sized businesses as a stand-alone accounting system.  This course should enable students to perform most of the accounting functions that had been performed manually. Students will prepare both manual & QuickBooks software problems to ensure that QuickBooks satisfies our needs and provides the same solutions. Students will prepare financial statements and other accounting functions such as maintaining the control account & subsidiary ledger for accounts receivable, accounts payable, inventory and payroll. 

ACC 213 Managerial Accounting - 4 Hrs.
Prerequisite: ACC 105 Financial Accounting II, CIS 116 Spreadsheet Applications (or concurrent enrollment)
An introduction and application of managerial accounting principles in a manufacturing entity. The course includes a study of primary product full-absorption costing systems (job-order and process costing) and their many variations. It includes expanded and alternate uses of the primary systems (Variable costing and Standard costing) and analyzes how these might affect decision-making and control. It explores short-term and long-term decision-making models such as CVP Analyses, Relevant Costs, Discounted Cash Flow (DCF) Models - NPV and IRR - and how these inputs fit into overall business forecasting. Finally, it includes Responsibility Accounting and Segment Reporting and where/how these fit into a Profit-Planning model.  (Formerly Principles of Accounting III)

ACC 215 Tax Accounting I - 4 Hrs.
Prerequisite: ACC 101 Financial Accounting I
An introduction to income tax fundamentals in accordance with the latest amendments to the Internal Revenue Service (IRS) code and regulations.  This course examines the practical aspects of filling out simple and complex 1040 forms.  Topics covered include taxable income, exclusions, deductions, employee business expenses, retirement accounts, gains and/or losses, AMT, simple Schedules C (self-employed) and E for rental property and passive activities, various tax credits, and estimated taxes.

ACC 300 Managerial Cost Accounting I - 4 Hrs.
Prerequisite: ACC 213 Managerial Accounting and CIS 116 Spreadsheet Applications (or concurrent enrollment)
A study of management accounting principles, various costing systems and approaches, decision-making tools and methodologies, and problem-solving projects/cases.  Included are job costing, process costing, variable costing, an introduction to standard costing, cost-volume-profit analysis, relevant cost and discounted cash flow (DCF) decision-making models.  One or more case studies utilizing Excel will be required.

ACC 313 Managerial Cost Accounting II - 4 Hrs.
Prerequisite:  ACC 300 Managerial Cost Accounting I
A continuation of the techniques and approaches used in ACC 300 with a focus on evaluating the information required for management planning and control systems.  Additional case studies will be required as well as DCF analyses.  Added topics include further study into standard costing, ABC costing, transfer pricing models, internal budgeting, department service costs, and evaluating management processes.

ACC 315 Tax Accounting II - 4 Hrs.
Prerequisite:  ACC 215 Tax Accounting I (or concurrent enrollment)
Tax Accounting II is a continuation and expansion of Tax Accounting I with focus on business entities taxation. This course will emphasize individual (Schedule C), real estate (Schedule E), corporate (C & S corporations - Form 1120 & 1120 S) partnerships (Form 1065) and other entity taxation in accordance with the latest Internal Revenue Service (IRS) code. This course will also examine such concepts as AMT (Alternative Minimum Tax), Stock Options as well as Schedule F, Farming Income, and Hobby Losses. The course will delve into tax Administration, tax planning and research.

ACC 321 Intermediate Accounting I - 4 Hrs.
Prerequisite:  ACC 213 Managerial Accounting with B or higher grade is highly recommended
The conceptual bases of accounting theory and practice of accounting for corporations are covered.  Topics such as the application of those concepts to income statements, balance sheets and statements of cash flows reporting, complex issues involving cash and receivables, as well as revenue recognition issues, including long-term construction contracts will be covered.

ACC 322 Intermediate Accounting II - 4 Hrs.
Prerequisite:  ACC 321 Intermediate Accounting I
This course is a continuation of ACC 321 and includes inventories and their estimating techniques, debt financing, equity financing, fixed and intangible assets, as well as investments in debt and equity securities.  Emphasis is on the corporate form of organization and the complex reporting issues faced by contemporary entities.

ACC 323 Intermediate Accounting III - 4 Hrs.
Prerequisite:  ACC 322 Intermediate Accounting II
The last course in the intermediate sequence includes research on accounting issues, lease accounting by lessor and lessee, tax allocation employee compensation (including pensions and postretirement benefits), derivatives, business segments and interim reporting, complex earnings per share reporting, accounting changes and analyses of financial statements.  Throughout the course domestic and international reporting requirements are reviewed.

ACC 400 Advanced Accounting I - 4 Hrs.
Prerequisite: ACC 323 Intermediate Accounting III
Study of accounting for combined corporate entities and consolidation of subsidiaries. Course also includes basic consolidation routines (elimination of intercompany transactions, cash flows and Goodwill) and accounting for equity investments and leveraged buy-outs.

ACC 405 Auditing I - 4 Hrs.
Prerequisite: ACC 323 Intermediate Accounting III
Study of the CPA profession and their professional ethics and legal liability issues. The course examines generally accepted auditing standards, types of evidential matter, internal controls, audit programs and procedures, and issuance of audit opinions.

ACC 406 Auditing II - 4 Hrs.
Prerequisite: ACC 405 Auditing I
Continuation of ACC 405 Auditing I examining additional issues of assessing risk, statistical sampling techniques and an introduction to internal auditing.

ACC 409 Controllership - 4 Hrs.
Prerequisite: Consent of Program Director
Issues in managing an accounting department within a corporation (personnel training, hiring and motivation) and dealing with external entities e.g. capital markets, IRS, governmental bodies, acquisitions and shareholders.

ACC 411 Advanced Accounting II - 4 Hrs.
Prerequisite: ACC 400 Advanced Accounting I
Continuation of Advanced Accounting I and topics include international accounting issues, foreign currency transactions and translation, and partnership accounting.

ACC 412 Advanced Accounting III - 4 Hrs.
Prerequisite: ACC 411 Advanced Accounting II
Course examines governmental and not-for-profit accounting. It also includes fiduciary accounting, debt restructuring, corporate reorganizations and liquidations.

ACC 482 Advanced Auditing Issues - 4 Hrs.
Prerequisite: ACC 406 Auditing II
Continuation of internal auditing and control procedures. Course also examines the integration of computer software-based audit techniques and procedures.

ACC 490 CPA Review I - 4 Hrs.
Prerequisite: Four year degree or approval of Accounting Department
Advanced topics in financial accounting preparatory to sitting for the CPA exam.

ACC 491 CPA Review II - 4 Hrs.
Prerequisite: ACC 490 CPA Review I or approval of Accounting Department
Continuation of ACC490 to extend study of financial reporting, managerial and tax accounting topics typically on CPA exam.

ACC 492 CPA Review III - 4 Hrs.
Prerequisite: ACC 491 CPA Review II or approval of Accounting Department
Continuation of ACC491 to cover auditing and business law topics typically on CPA exam.

ACC 499 Accounting Internship - 12 Hrs.
Prerequisite: Consent of Accounting Department Director
Internship experience approved by Department Director to substitute for coursework as determined by department.