Accounting (ACCT/ACCT&)

Emphasis on nature of accounting as a system of information for decision making. Specific topics include basic financial statements, the accounting cycle, forms of business organization, financial assets, inventories, and depreciation. This class may include students from multiple sections. (Elective)

Study of accounting is continued through specific topics, including liabilities, stockholder’s equity, statement of cash flows, financial statement analysis, and global and management accounting. This class may include students from multiple sections. (Elective)

Managerial concepts are explored through accounting systems, management reports, and special analysis for decision making; cost volume-profit analysis; incremental analysis; responsibilities accounting; operational and capital budgeting; and standard cost systems. This class may include students from multiple sections. (Elective)

Establish a foundation in accounting procedures within the traditional framework of a sole-proprietorship and explore the financial use of accounting information. Coverage of basic principles expanded by presenting partnership, corporation, and managerial accounting concepts. This class may include students from multiple sections.

Learn the fundamentals of QuickBooks, a popular general ledger software package for small and medium sized businesses. Coverage of vendors and customers transactions, inventory activities, bank transactions, financial reports, end of period procedures, and other key accounting procedures. This class may include students from multiple sections.