Accounting, ACC*

The following information is directly from the 2011-2012 College Catalog, pg. 93. To download a full pdf version of the catalog, click here.

ACC*100,  3 Credits, Basic Accounting

A course in the basic accounting principles with emphasis on recording procedures and payroll for service businesses and professional offices. Students with no previous accounting exposure and limited college course experience should consider taking this course before taking ACC*115 Financial Accounting. It will satisfy a business or open elective requirement. May not be taken after ACC*115 unless student received a D or F grade. Prerequisite: Eligible for ENG*073.

ACC*115, 4 Credits, Financial Accounting

An introduction to financial accounting fundamentals. The basic accounting equation, recording procedures, and analysis of corporate statements and specific business accounts are studied. A computerized commercial practice problem is incorporated into the course. Transferability may be limited to three credits. Prerequisite: Reading exempt and eligible for  ENG*063 and MAT*137, or permission of instructor.

ACC*118, 4 Credits,  Managerial Accounting 

An introduction to managerial accounting fundamentals. It is the study of accounting that generates confidential information for use in decision-making and managing and operating a business. It studies cost-benefit criteria, behavioral implications of actions and strategies for setting long and shortrange goals. Transferability may be limited to 3 credits. Prerequisite: ACC*115.

ACC*271, 3 Credits, Intermediate Accounting I 

An examination of generally accepted accounting principles related to preparation of the financial statements, including the cash flow statement. Valuation and disclosure of current assets including cash, accounts receivable, and inventory are studied in detail. A computerized commercial accounting project is incorporated into the course. Prerequisite: ACC*118 or permission of instructor.

ACC*272, 3 Credits, Intermediate Accounting II 

Continuation of topics begun in ACC*271, including long assets, current liabilities, long term liabilities, stockholder's equity, present value concepts and payroll. A financial statement analysis project is incorporated into the course. Prerequisite: ACC*271. This is an "L" course.

From College Catalog 2011-2012, p. 93