Accounting (ACC) at Reynolds Community College
Distance Learning
Time of Day
Term
- ACC 117 - Essentials of Accounting
- Covers financial statements, internal control requirements for safeguarding assets, and accounting procedures necessary to complete the entire accounting cycle, including journals, ledgers, and financial statements.Credits - 3. Lecture - 3 hours per week. Total contact - 3 hours per week.
3 credits - ACC 134 - Small Business Taxes
- Introduces taxes most frequently encountered in business. Includes payroll, sales, property, and income tax.Lecture 2-3 hours per week.
2-3 credits - ACC 198 - Seminar and Project
- Requires completion of a project or research report related to the student's occupational objectives and a study of approaches to the selection and pursuit of career opportunities in the field.May be repeated for credit. Variable hours.
1-5 credits - ACC 211 - Principles of Accounting I
- Introduces accounting principles with respect to financial reporting. Demonstrates how decision makers use accounting information for reporting purposes. Focuses on the preparation of accounting information and its use in the operation of organizations, as well as methods of analysis and interpretation of accounting information.Lecture 3 hours. Total 3 hours per week.
3 credits - ACC 212 - Principles of Accounting II
- Introduces accounting principles with respect to cost and managerial accounting. Focuses on the application of accounting information with respect to product costing, as well as its use within the organization to provide direction and to judge performance.Lecture 3 hours. Total 3 hours per week.
Prerequisite: ACC 2113 credits - ACC 215 - Computerized Accounting
- Introduces the computer in solving accounting problems. Focuses on operation of computers. Presents the accounting cycle and financial statement preparation in a computerized system and other applications for financial and managerial accounting.Lecture 3-4 hours per week.
3-4 credits - ACC 216 - Inventory, Receivable, and Payable Accounting
- Identify the roles and responsibilities and comprehensive accounting functions associated with retail service and manufacturing operations. Focuses on transactional accounting in inventory accounts receivable, accounts payable and cash in addition to internal controls over assets.Lecture 2 hours. Total 2 hours per week.
Prerequisite: ACC 1172 credits - ACC 217 - Analyzing Financial Statements
- Explains the generation and limitations of data, techniques for analyzing the flow of a business's funds, and the methods of selecting and interpreting financial ratios. Offers analytical techniques through the use of comprehensive case studies.Lecture 3 hours. Total 3 hours per week.
Prerequisite: ACC 211.3 credits - ACC 219 - Gov't. and Non-Profit Accounting
- Introduces fund accounting as used by governmental and nonprofit entities. Stresses differences between accounting principles of for-profit and not-for-profit organizations.Lecture 3 hours. Total 3 hours per week.
Prerequisite: ACC 212 or equivalent.3 credits - ACC 221 - Intermediate Accounting I
- Covers accounting principles and theory, including a review of the accounting cycle and accounting for current assets, current liabilities and investments. Introduces various accounting approaches and demonstrates the effect of these approaches on the financial statement users.Lecture 3-4 hours. Total 3-4 hours per week.
Prerequisite: ACC 212 or equivalent.3-4 credits - ACC 222 - Intermediate Accounting II
- Continues accounting principles and theory with emphasis on accounting for fixed assets, intangibles, corporate capital structure, long-term liabilities, and investments.Lecture 3-4 hours. Total 3-4 hours per week.
Prerequisite: ACC 221 or equivalent.3-4 credits - ACC 231 - Cost Accounting I
- Studies cost accounting methods and reporting as applied to job order, process, and standard cost accounting systems. Includes cost control and other topics.Lecture 3-4 hours. Total 3-4 hours per week.
Prerequisite: ACC 212 or equivalent.3-4 credits - ACC 240 - Fraud Examination
- Covers the principles and methodology of fraud detection and deterrence. Provides an introduction to the various ways fraud and occupational abuses occur, methods to identify the risk of exposure to loss from fraud, and appropriate prevention, detection, and investigation approaches.Lecture 3 hours per week.
3 credits - ACC 241 - Auditing I
- Presents techniques of investigating, interpreting, and appraising accounting records and assertions. Studies internal control design and evaluation, evidence-gathering techniques and other topics.Lecture 3 hours. Total 3 hours per week.
Prerequisite or co-requisite: ACC 212 or equivalent.3 credits - ACC 261 - Prin. of Federal Taxation I
- Presents the study of federal taxation as it relates to individuals and related entities. Includes tax planning, compliance, and reporting.Lecture 3 hours per week.
3 credits - ACC 298 - Seminar and Project
- Requires completion of a project or research report related to the student's occupational objectives and a study of approaches to the selection and pursuit of career opportunities in the field.May be repeated for credit. Variable hours.
1-5 credits
