Course Descriptions
Course Descriptions ACCOUNTING ACCTG 307 – Accounting Information Systems Prerequisites: ACCTG 202, CIS 101, CIS 102 ACCTG 201 – Accounting I: Financial Study and use of computerized general ledger, receivables, payables, A study of the fundamentals of accounting, with an emphasis on payroll, and inventory systems. Topics include the examination of a the use of economic data in the decision-making process. Topics variety of system design, implementation and control issues faced by covered include: forms of business organizations, financing contemporary business organizations. (3 credits) Fall options, and financial statement analysis. The ability to analyze ACCTG 308 – Federal Income Tax I: Individual financial statements is the overall goal of this course. Topics include Prerequisite: ACCTG 202 inventory, property (plant and equipment/natural resources/ Introduction to and survey of the Federal tax laws and the Federal intangibles), liabilities, stockholder equity, investments, statement of revenue system as they apply to individual taxpayers. Topics include cash flows. (3 credits) Fall, Spring calculation of gross income, exclusions, deductions, credits, and computations. (3 credits) ACCTG 202 – Accounting II: Managerial Prerequisite: ACCTG 201 ACCTG 309 – Federal Income Tax II: Partnerships and Corporations Continuation of ACCTG 201(101), with an emphasis on the Prerequisite: ACCTG 308 application of accounting principles to specific problem areas in Applies concepts and skills of the first semester to the special problems managerial accounting as well as accounting for manufacturing involved in business tax returns. Topics include capital gains taxation, operations, and cost-volume-profit analysis. (3 credits) Fall partnership, corporate, and specially taxed corporations. Introduction to “hands-on” tax research in the library.
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