Accounting

ACC 101 Fundamentals of Accounting (3 credits)

Prerequisite: None

Introduction to financial accounting principles; preparation and interpretation of balance sheets and income statements; analysis of funds flow; introduction to manufacturing and managerial accounting; basic concepts of time-value of money.           

ACC 202 Accounting and Bookkeeping with Computers (3 credits)

Prerequisite: ACC 101 and CIS 101 or equivalent or CIS 110

Application of commonly used computerized accounting systems. Computerization of accounts receivable, accounts payable, invoicing and payroll, and inventory control. Students use the contemporary PC accounting systems.

ACC 300 Managerial Accounting (3 credits)

Prerequisite: ACC 101 and BUS 121

This course will provide experience in real-life business operations. Topics include standard cost systems, budgeting, break-even analysis and corporate taxes. Comparisons between different types of organizations (service, retail, manufacturing and non-profit) are made.