| Southeast
Arkansas College |
Course Data: View Accounting |
Total Nmber of Courses = 10
Course No. |
Course Name |
SSCH |
Lec |
Lab |
SWE |
Prerequisites |
Transfer |
Course Description |
| ACCO 2303 | Office Accounting | 3 | 3 | 0 | 0 | None | This course is a study of the recording, classifying, and summarizing of business transactions and events with insight into interpretation and reporting of the resulting effects upon the business. Previous knowledge of accounting is not required. (Will accept Principles of Accounting I for this course) | |
| ACCO 2313 | Principles of Accounting I | 3 | 3 | 0 | 0 | None | Y | A comprehensive introduction to basic financial accounting. Recording, summarizing and reporting cycle; principles of income measurement and asset valuation; accounting systems and controls. |
| ACCO 2323 | Principles of Accounting II | 3 | 3 | 0 | 0 | Prerequisite: ACCO 2313 Principles of Accounting I | Y | Accounting for ownership equities of partnerships and corporations; debt securities; fundamentals of cost accounting for planning and control of operations. |
| ACCO 2333 | Computerized Accounting | 3 | 3 | 0 | 0 | ACCO 2313 Principles of Accounting I or ACCO 2303 Office Accounting | A study of the major areas of a computerized accounting system: general ledger, accounts receivable, accounts payable, payroll and depreciation. Introduces the student to the business capabilities of the microcomputer for a sole proprietorship, a partnership and a corporation. | |
| ACCO 2343 | Intermediate Accounting I | 3 | 3 | 0 | 0 | ACCO 2323 Principles of Accounting II | This is a study of more advanced principles and theory of accounting relating to the accounting process, cash and temporary investments, receivables, inventories, investments, as well as land, buildings, and equipments; and an understanding of and ability to discuss pronouncements of the Financial Accounting Standards Board, American Institute of Certified Public Accountants, American Accounting Association and the Security and Exchange Commission. | |
| ACCO 2353 | Intermediate Accounting II | 3 | 3 | 0 | 0 | ACCO 2343 Intermediate Accounting I | The student will demonstrate ability in: the preparation of financial statements from incomplete records, financial statement analysis, funds-flow and cash flow reporting, and correction of errors. The student will demonstrate an understanding of generally accepted accounting principles related to paid-in capital and capital stock, dividends, intangible assets, current and contingent liabilities and long-term liabilities. | |
| ACCO 2373 | Managerial Accounting | 3 | 3 | 0 | 0 | ACCO 2323 Principles of Accounting II | The student will analyze and solve problems in cost-volume-profit analysis, capital budgeting, cost allocation and standard cost variances. The student will also study cost analysis as it affects short and long-term decision-making and the budgeting process. | |
| ACCO 23X3 | ACCO 2303 Office Accounting OR ACCO 2313 Prin. of Accounting I | 3 | 3 | 0 | 0 | The student must choose one course, either ACCO 2303: Office Accounting or ACCO 2313: Principles of Accounting I. | ||
| ACCO 2513 | Income Taxation | 3 | 3 | 0 | 0 | None | This course is designed to give the student fundamental knowledge in individual income tax laws. Special emphasis is placed on preparing individual tax returns and tax planning. This course also includes income tax laws for solo-proprietors. | |
| ACCOELEC | Accounting Specialty Technical Elective | 3 | 3 | 0 | 0 | The student must choose a Specialty Technical Elective relating to the Accounting program. |