Accounting

This course is an introduction to the fundamental concepts of financial accounting as prescribed by U.S. generally accepted accounting principles (GAAP) and 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 owners' 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).

Course Objectives

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 the 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.

Course Objectives

A study of analyzing, classifying, and recording business transactions in a manual and computerized environment. Emphasis on understanding the complete accounting cycle and preparing financial statements, bank reconciliations and payroll.

Lab fees apply

Course Objectives

A study of accounting for merchandising, notes payable, notes receivable, valuation of receivables and equipment, and valuation of inventories in a manual and computerized environment.

Lab fees apply.

Course Objectives

Accounting fraud and examination designed to provide a basic understanding of the impact that fraud has on an organization.

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Introduction to utilizing the computer in maintaining accounting records with primary emphasis on a general ledger package.

Lab fees apply

Course Objectives

Use of the computer to develop and maintain accounting records and to process common business applications for managerial decision-making.

Lab fees apply

Course Objectives

A study of accounting concepts and their application in transaction analysis and financial statement preparation. Emphasis on the accounting cycle for service and merchandising enterprises.

Lab fees apply

Course Objectives

A study of payroll procedures, taxing entities, and reporting requirements of local, state, and federal taxing authorities in a manual and computerized environment.

Lab fees apply

Course Objectives

Allows students to apply broad knowledge of the accounting profession through discipline specific projects involving the integration of individuals and teams performing activities to simulate workplace situations.

Lab fees apply

Course Objectives

Analysis of generally accepted accounting principles, concepts, and theory underlying the preparation of financial statements.

Lab fees apply

Course Objectives

Continued in-depth analysis of generally accepted accounting principles underlying the preparation of financial statements including comparative analysis and statement of cash flows.

Lab fees apply

Course Objectives

Practical applications of accounting with emphasis on cost behavior, capital management decisions, budgeting, and financial statement analysis.

Lab fees apply

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Internal controls, auditing standards and processes used by internal auditors, managers, and independent public accountants.

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A study of accounting information systems and related subsystems, including data collection, security, retrieval, manipulation, filtering and sorting of data.

Lab fees apply

Course Objectives

Financial statement analysis from a decision-maker's perspective. This course may also be offered for qualifying education credit for CPA examinations by Texas community colleges that meet Texas State Board of Public Accountancy standards.

Course Objectives

Last updated: 03/19/2018