Page 247 - Southwestern Community College Catalog 2019-2020

COURSE DESCRIPTIONS 241
ACC 120 Principles of Financial Accounting (3-2-4)
This course introduces business decision-making accounting information systems. Emphasis is placed on analyzing, summarizing, reporting, and interpreting nancial informa- tion. Upon completion, students should be able to prepare nancial statements, understand the role of nancial information in decision-making and address ethical considerations. This course has been approved for transfer under the CAA as a premajor and/or elective course requirement.
ACC 121 Principles of Managerial Accounting (3-2-4)
Prerequisite: ACC 120
This course includes a greater emphasis on managerial and cost accounting skills. Emphasis
is placed on managerial accounting concepts for external and internal analysis, reporting and decision-making. Upon completion, students should be able to analyze and interpret trans- actions relating to managerial concepts including product-costing systems. This course has been approved for transfer under the CAA as a premajor and/or elective course requirement.
ACC 129 Individual Income Taxes (2-2-3)
This course introduces the relevant laws governing individual income taxation. Topics include tax law, electronic research and methodologies, and the use of technology for preparation of individual tax returns. Upon completion, students should be able to analyze basic tax scenarios, research applicable tax law, and complete various individual tax forms.
ACC 130 Business Income Taxes (2-2-3)
This course introduces the relevant laws governing business and duciary income taxes. Topics include tax law relating to business organizations, electronic research and methodolo- gies, and the use of technology for the preparation of business tax returns. Upon comple- tion, students should be able to analyze basic tax scenarios, research applicable tax law, and complete various business tax forms.
ACC 140 Payroll Accounting (1-3-2)
Prerequisite: ACC 115 or ACC 120
This course covers federal and state laws pertaining to wages, payroll taxes, payroll tax
forms, and journal and general ledger transactions. Emphasis is placed on computing wages; calculating social security, income, and unemployment taxes; preparing appropriate payroll tax forms; and journalizing/posting transactions. Upon completion, students should be able to analyze data, make appropriate computations, complete forms, and prepare accounting entries using appropriate technology.
ACC 150 Accounting Software Applications (1-3-2)
Prerequisite: ACC 115 or ACC 120
This course introduces microcomputer applications related to accounting systems. Topics
include general ledger, accounts receivable, accounts payable, inventory, payroll, and cor- recting, adjusting, and closing entries. Upon completion, students should be able to use a computer accounting package to solve accounting problems.
ACC 180 Practices in Bookkeeping 3-0-3
Prerequisite: ACC 120
This course provides advanced instruction in bookkeeping and record-keeping functions.
Emphasis is placed on mastering adjusting entries, correction of errors, depreciation, payroll, and inventory. Upon completion, students should be able to conduct all key bookkeeping functions for small businesses.
2019-20 Catalog