Accounting Courses
ACNT 1303 | Intro Accounting I
Credit Hours: 3
Lecture Hours: 48
Contact Hours: 48
Description: A study of analyzing, classifying, and recording business transactions in both a manual and a computerized environment. Emphasis is on understanding the complete accounting cycle and preparing financial statements, bank reconciliations, and payroll. Does not meet requirements for Associate of Science or BBA degree.
Prerequisites: None
Corequisites: None
School: School of Business & Technology
ACCT 2301 | Principles Of Financial Accounting
Credit Hours: 3
Lecture Hours: 48
Contact Hours: 48
Description: This course is an introduction to the fundamental concepts of financial accounting as prescribed by US generally accepted accounting principles (GAAP) as applied to transactions and events that affect business organizations. Students will examine the procedures and systems to accumulate, analyze, measure, and record financial transactions. Students will use recorded financial information to prepare a balance sheet, income statement, statement of cash flows, and statement of shareholders’ equity to communicate the business entity’s results of operations and financial position to users of financial information who are external to the company. Students will study the nature of assets, liabilities and owner’s equity while learning to use reported financial information for purposes of making decisions about the company. Students will be exposed to International Financial Reporting Standards (IFRS).
Prerequisites: Meet TSI college readiness standards for mathematics
Corequisites: None
School: School of Business & Technology
ACCT 2302 | Principles Of Managerial Accounting
Credit Hours: 3
Lecture Hours: 48
Contact Hours: 48
Description: A continuation of ACCT 2301. This course is an introduction to the fundamental concepts of managerial accounting appropriate for all organizations. Students will study information from the entity’s accounting system relevant to decisions made by internal managers, as distinguished from information relevant to users who are external to the company. The emphasis is on identification and assignment of product costs, operational budgeting and planning, cost control, and management decision making. Topics include product costing methodologies, cost behavior, operational and capital budgeting, and performance evaluation.
Prerequisites: ACCT 2301 or equivalent
Corequisites: None
School: School of Business & Technology