ACCOUNTING PRINCIPLES I
This course provides students with an introduction to the fundamental principles and concepts of accounting including the theory of debit and credit, the accounting cycle, and end-of-year procedures. Included is the study of the proper presentation of classified financial statements for a proprietorship operating as a service or as a merchandising form of business.
ACCOUNTING PRINCIPLES II
This course is a continuation of Accounting Principles I with special emphasis on internal control, accounting for cash, short-term investments, and receivables. Inventories, plant asset accounting, and intangible assets are included.
ACCOUNTING PRINCIPLES III
This course is a continuation of Accounting Principles II and includes the study of partnership and corporate accounting. Partnership accounting deals with division of income and losses. Corporate topics include capital stock transactions, dividends, treasury stock, earnings per share, current and long-term liabilities, and long-term investments. Also covered is the statement of cash flow.
ELECTRONIC SPREADSHEETS
This course is an introduction to electronic spreadsheet applications. Through the use of predesigned spreadsheets, students apply the basic functions and concepts of entering, editing, saving, retrieving, and printing. Additionally, students begin to design and structure their own spreadsheets.
ADVANCED SPREADSHEETS AND ELECTRONIC COMMUNICATIONS
This course provides instruction in advanced spreadsheet operations and electronic communications. Working with ranges and macros, using data and list features, and utilizing electronic communications are covered.
COMPUTERIZED GENERAL LEDGER
This course is a hands-on approach to learning how automated accounting systems function. The students operate a computerized general ledger system including accounts receivable, accounts payable, inventory, and payroll.
MATH FOR THE ACCOUNTING PROFESSIONAL
In the course students will receive instruction in the mathematics of trade discounts, markup and markdown, simple interest and simple discount, depreciation, inventory, and sales tax calculation.
FINANCIAL ANALYSIS AND REPORTING
This course expands on the material covered in Accounting Principles I, II, and III with an emphasis on the application of analytical techniques. These techniques include vertical, horizontal, and ratio analysis and industry comparisons. This information is then compiled in a student portfolio.
PAYROLL ACCOUNTING
This course is divided into two modules. During Module 1, students will develop speed and accuracy in the use of a 10-key pad. Module 2 is a presentation of the theoretical and practical applications of payroll procedures. It emphasizes the methods of computing wages and salaries, keeping records, and the preparation of various federal and state government reports. Students are required to complete a comprehensive payroll project to show proof of mastery of subject content.
INTERMEDIATE ACCOUNTING I*
This course gives in-depth and special attention to a variety of topics that were introduced in Accounting Principles I, II, and III. Topics discussed include a review of the accounting cycle, preparation of financial statements, analysis of cash, receivables, and inventories.
INTERMEDIATE ACCOUNTING II*
This course continues the in-depth analysis of specific accounting topics such as fixed assets, intangible assets, leases, investments, and a thorough study of corporate accounting including contributed capital and retained earnings. Emphasis is placed on the theoretical aspects of these topics while reinforcing the fundamentals.
COST ACCOUNTING*
This course is concerned with job order and process cost accounting systems with emphasis on the cost cycle, raw materials, labor, factory overhead, and financial statements for the business that operates as a manufacturing concern.
INCOME TAX*
This annually updated tax course offers students a thorough explanation of the federal tax structure, while training them to apply tax principles to specific problems. Emphasis is placed on the 1040 individual income tax return with supplementary schedules.
ADVANCED ACCOUNTING*
A variety of topics is given special in-depth attention. These topics include partnership formation, operation, dissolution, and liquidation. In addition, home office and branch accounting and the purchase and pooling of interests methods of consolidation are covered.
*Degree Program Only
