Program Code: ATBBKC01
Program Outcomes
- Use QuickBooks ledger software to prepare financial reports
- Apply fundamental accounting procedures
- Analyze transactions, inventories, receivables, cash flow, financial statements, payroll, and budgets
Introduces financial accounting concepts and practices for recording, analyzing, and reporting business transactions used in business decision making. Students apply generally accepted accounting principles (GAAP), complete the accounting cycle, and prepare basic financial statements. This class may include students from multiple sections. (Elective)
Credits: 5
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.
Credits: 5
BUS 135 or BUS 247
×Learn the fundamentals of small business accounting and bookkeeping. Topics include analyzing transactions, inventories, receivables, and cash flow, financial statement analysis, budgeting, product pricing and capital investment analysis. Review and implement key accounting concepts and procedures including setting up new company, establishing a chart of accounts, beginning balance, customers, vendors and product/services. Recording operating activities: sales and cash receipts, purchases and cash payments, investing and financing activities, as well as payroll. Establishing budgets and preparing bank reconciliations, analysis and recording of adjusting entries, and preparation of financial statements and reports. This class may include students from multiple sections.
Credits: 6
A study of current payroll and Washington State excise tax laws, record keeping requirements, preparing payrolls, payroll reporting, and accounting procedures. Addresses such issues as excise tax and business taxes, employee vs independent contractor, Fair Labor Standards Act, and statutory federal and state reporting requirements. Uses computer-simulation software. This class may include students from multiple sections.
Credits: 5
Complete up to to 3-credits (99 hours) of internship.
BUS 290: Internship in Business
×Complete up to to 3-credits (99 hours) of internship.
Provides opportunities to assume the role of employees in a business and gain practical experience prior to paid employment. This class may include students from multiple sections.
Credits: 1 - 5
Students may complete up to total of 3 credits, or 99 hours (1 credit = 33 hours), of BUS 290: Internship in Business to apply towards this award, but completion of an internship is not required for completion.