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ACCOUNTING
ACNT 1191, 1291, 1391. Current Accounting Applications
1191 (1-1-0)
1291 (2-2-0)
1391 (3-3-0)
Selected instruction related to the modern needs of business, industry, government and other institutions.
The course is designed to allow flexibility in accounting course content needed to meet the particular
instructional needs of the student.
ACCT 2401. Financial Accounting. (4-3-3)
Prerequisite: High School Bookkeeping or ACNT 1303.
A study of the basic fundamentals of accounting emphasizing the structure, relationships, concepts and
principles, systems and controls, the accounting cycle for service and merchandising type enterprises,
including special journals and ledgers, notes and interests, deferrals and accruals, receiving and
merchandise inventory, depreciation applied to plant assets, payroll and sales taxes. Lab fee.
ACCT 2402. Managerial Accounting. (4-3-3)
Prerequisite: Accounting 2401.
This is a study of principles as applied to partnerships and corporations; control accounting applied to
departments and branches, manufacturing process and job order costs, budgetary control and standard
costs; income taxes, cost relationships, special analysis and reports, statement types and analysis used in
decision making. Systems information and procedures used in management planning and control are also
covered. Lab fee.
ACNT 1303. Introduction to Accounting. (3-3-0)
An introduction to bookkeeping and accounting in which the principles of double entry bookkeeping will be
studied. Emphasis is placed on journalizing, posting to ledger accounts, trial balances, financial statements,
adjusting and closing entries. Business forms, vouchers, interest and discounts are also studied. This course
is designed for terminal students and for students who have not had high school bookkeeping. This course is
not designed as a transfer course.
ACNT 1311. Introduction to Computerized Accounting Systems. (3-3-0)
Prerequisite: ACCT 1303 or ACCT 2401 or approval of instructor.
A study of the fundamental principles of accounting using the microcomputer to solve accounting problems.
Emphasis is on the closing entries to the ledger, post-closing trial balance, depreciation, accounts receivable,
accounts payable, payroll and financial statement analysis. A comprehensive accounting problem or a
comprehensive practice set will conclude this course.
ACNT 1313. Computerized Accounting Applications. (3-3-0)
Prerequisite: ACNT 1311 or ACCT 2401 or approval of instructor.
A study of accounting utilizing the computer to develop and maintain accounting record keeping systems,
make management decisions, and process common business applications with emphasis on utilizing a
commercial accounting package. Some spreadsheet and word processing application will be utilized.
ACNT 1329. Payroll & Business Tax Accounting. (3-3-0)
A study of payroll procedures, taxing entities, and reporting requirements of local, state, and federal taxing
authorities in a manual and computerized environment. Develop personnel and payroll records that provide
the information required under current laws and process payroll data and tax data and prepare reports.
ACNT 1331. Fed ral Income Tax. (3-3-0)
Prerequisite: Approval of division chairperson and instructor.
This course primarily focuses on federal income taxation for individuals. Emphasis is placed on the
preparation of Form 1040, along with various supporting schedules. Also covered are the areas of
partnership taxation, corporate taxation and tax administration. Attention is also placed on the use of data
processing equipment in the preparation of the various tax forms and schedules.
