Accounting (ACC) at Virginia Highlands Community College
Distance Learning
Time of Day
Term
- ACC 115 - Applied Accounting
- Presents practical accounting procedures for retail stores, professional individuals in firms, and personal service occupations. Covers the accounting cycle, journals, ledgers, preparation of financial statements and payrolls, and checking account management.Lecture 3-4 hours per week.
3-4 credits - ACC 124 - Payroll Accounting
- Presents accounting systems and methods used in computing and recording payroll to include payroll taxes and compliance with federal and state legislation.Lecture 2-3 hours per week.
2-3 credits - ACC 195 - Topics In
- Provides an opportunity to explore topical areas of interest to or needed by students.May be used also for special honors courses. May be repeated for credit. Variable hours.
1-5 credits - ACC 197 - Cooperative Education
- Supervises in on-the-job training for pay in approved business, industrial and service firms, coordinated by the college's cooperative education office. Is applicable to all occupational- technical curricula at the discretion of the college.Credit/work ratio not to exceed 1:5 hours. 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 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 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 275 - Capstone Seminar in Accounting
- Integrates knowledge in financial accounting, managerial/cost accounting, computer techniques, business ethics, general ledger, and communication skills in preparing a professional student portfolio. Provides a learning experience that allows the student to apply broad knowledge of the accounting profession through discipline specific projects; involves the integration of individual and team activities to simulate workplace situations.Lecture 3 hours. Total 3 hours per week.
Prerequisites: ACC 211, ACC 212 and ACC 221. Prerequisite or co-requisite: ACC 222.3 credits - ACC 290 - Coordinated Internship
- Supervises on-the-job training in selected business, industrial or service firms coordinated by the college.Credit/practice ratio not to exceed 1:5 hours. May be repeated for credit. Variable hours.
1-5 credits - ACC 295 - Topics In
- Provides an opportunity to explore topical areas of interest to or needed by students.May be used also for special honors courses. May be repeated for credit. Variable hours.
1-5 credits - ACC 297 - Cooperative Education
- Supervises in on-the-job training for pay in approved business, industrial and service firms, coordinated by the college's cooperative education office. Is applicable to all occupational- technical curricula at the discretion of the college.Credit/work ratio not to exceed 1:5 hours. May be repeated for credit. Variable hours.
1-6 credits
