Page 99 - 2018-19

Accounting 95

ACCOUNTING 102 121
MANAGERIAL ACCOUNTING ADVANCED COMPUTERIZED
50 5.0 Units ACCOUNTING
ACCOUNTING INTERNSHIP ACCTG 102 continues student development 3.0 Units
1.0 to 3.0 Units in the use of accounting concepts. It presents ACCTG 121 is an advanced course allowing
ACCTG 50 is a discipline-specifi c course, managerial accounting from an information- students to learn computerized accounting
which allows students to earn from 1.0 – 3.0 user, decision-making viewpoint. Emphasis skills using two of the most used accounting
units for a structured, supervised internship is placed on developing students’ ability to programs, prepare sophisticated practice sets
either on-campus or off -campus under the critically judge and evaluate issues covered in from assorted accounting software. Note:
supervision of a faculty advisor. It is designed the course. The majority of the course covers This course is Pass/No Pass only. Lecture 3
to provide students with appropriate prepara- managerial accounting for business opera- hours. Recommended Preparation: ACCTG
tion and a hands-on work experience in one tions, stressing four-year college transfer 101, ACCTG 110, ACCTG 120, OBT 97 or
of the following fi elds: Public accounting, expectations, with the remainder concerned equivalent. Course Typically Off ered: Fall/
Management accounting, Governmental with fi nancial management, and evaluating Winter.
accounting, and Internal auditing. The businesses. Ethical issues and open-ended 130
purpose of this class is to enhance students’ exercises requiring critical judgment and PAYROLL ACCOUNTING
knowledge, skill levels, and professional narrative response by students may be used 3.0 Units
competency in their targeted career. This throughout the course. Lecture 5 hours. ACCTG 130 is an in-depth and practical
course is recommended for the self-motivated Prerequisite: ACCTG 101 or equivalent. instruction in payroll accounts. It off ers
student, and requires faculty advisor approval Recommended Preparation: Concurrent an opportunity for the student to learn
to register. Note: Students must arrange an enrollment or completion of CABOT 260 or essential concepts of payroll and to master
approved internship prior to enrolling in 270 or equivalent spreadsheet experience. these concepts thoroughly by complet-
this class. Complete two or more courses Course Typically Off ered: Winter/Spring/ ing a wide variety of realistic activities. It
within your program before attempting an Summer/Fall. Transfer Credit: CSU, UC, covers payroll laws, payroll calculations,
internship. Recommended Preparation or USC. (C-ID ACCT 120) paying and recording payroll, Federal and
concurrent enrollment: Eligibility for ENGL 110 State payroll taxes and returns and payroll
120 or ESL 151. Transfer Credit: CSU. BASIC ACCOUNTING I systems - manual and Computerized-Payroll
101 4.0 Units Accounting. Lecture 3 hours. Recommended
FINANCIAL ACCOUNTING ACCTG 110 is an introductory course in Preparation: ACCTG 101, ACCTG 110 or
5.0 Units bookkeeping including study of the account- equivalent. Course Typically Off ered: Fall/
ACCTG 101 introduces students to the use ing equation, the theory of debit and credit, Spring.
of accounting information, and to analysis accounting devices, working papers and 150
using accounting and financial concepts business forms, and the preparation of PRINCIPLES OF INCOME TAXATION
and terminology. Accounting information balance sheets and income statements. Note: 3.0 Units
is presented from the user’s viewpoint. The This course is suitable for students to prepare ACCTG 150 is a course that focuses on the
course covers fi nancial accounting, dealing for ACCTG 101 and for those interested in analysis and preparation of tax returns, item-
with such topics as the accounting cycle, fi nancial recordkeeping for small business. ized deductions, and a technical profi ciency
revenue and expense recognition, internal No credit will be awarded for ACCTG 110 if in federal and state tax law as it applies to
control, external reporting requirements, taken concurrently with ACCTG 101 or after the individual. This course provides the
cash fl ow, fi nancial statement analysis, GAAP, completion of ACCTG 101 or ACCTG 102. foundation of knowledge required for tax
IFRS and asset, liability, and stockholder’s Lecture 4 hours. Prerequisite: None. Course practitioners. Note: A maximum of 3 units
equity valuation. Ethical issues and open- Typically Off ered: Fall/Spring. will transfer. Lecture 3 hours. Prerequisite:
ended exercises requiring critical judgment 120 None. Course Typically Offered: Fall/
and narrative response by students may be COMPUTERIZED ACCOUNTING Spring. Transfer Credit: CSU.
used throughout the course. Note: ACCTG SYSTEMS
101 may not be taken by students who have 3.0 Units 155
completed ACCTG 106 with a grade of “C” ACCTG 120 provides students with computer VOLUNTEER INCOME TAX
or better. Lecture 5 hours. Recommended skills required for employment in the fi eld ASSISTANCE (VITA) I
Preparation: Concurrent enrollment or of computerized accounting. This course 3.0 Units
completion of CABOT 260 or 270 or equivalent provides an introduction to the basics of ACCTG 155 is a course that teaches the
spreadsheet experience. Prerequisite: None. accounting application software for book- fundamental knowledge of Federal and State
Course Typically Off ered: Winter/Spring/ keepers, accountants, and business manag- Income Tax Preparation. The concentration
Summer/Fall. Transfer Credit: CSU, UC, USC. ers. Lecture 3 hours. Recommended Prepara- will be on the tax information for the low
(C-ID ACCT 110) income and elderly and computer generated
tion: Concurrent Enrollment in ACCTG 101
or ACCTG 110 or equivalent experience in tax returns. Note: This course is Pass/No Pass
accounting. Course Typically Off ered: Fall/ only. Lecture 3 hours. Prerequisite: ACCTG
Spring. Transfer Credit: CSU. 150 or equivalent. Course Typically Off ered:
Winter (Every Other Year).

2018–2019 C A T ALOG • G LEND ALE C OMMUNITY C OLLEGE