Last Updated

1/24/2019 9:47:38 AM

Accounting/Finance, Associate in Applied Science

(formerly Accounting)

Curriculum BUS.ACC.AAS (C206A)

The Accounting/Finance curriculum includes the study of theory and practice for accounting procedures, cost accounting, income tax procedures and the application of data processing to accounting and financial problems.

Provides the minimum accounting requirements needed to enter the accounting profession as an accounting clerk or as an entry-level member of an accounting staff in many small to medium-sized businesses. The program also will enable the student to pursue an associate in applied science degree in accounting.

While the accounting curriculum is designed with the career student in mind, many of the courses contained in it will transfer to a four-year college.

PROGRAM LEARNING OUTCOMES: 

At the successful completion of the Associate in Applied Science Degree in Accounting/Finance program, the graduate will be able to:

  • assemble the entire accounting cycle by analyzing business transactions, composing journal entries, preparing trial balances, and reporting the results in the financial statements;
  • differentiate between job and process costing, and journalize transactions under each costing system;
  • compute and interpret variances in the standard costing system;
  • evaluate financial statements using horizontal, vertical, and ratio analysis;
  • calculate ending inventory cost and cost of goods sold using First In First Out and Last In First out inventory costing methods under the periodic and perpetual system;
  • prepare the Statement of Cash Flows using the Indirect Method, and reconcile the ending cash balance with the Balance Sheet; and
  • calculate present and future values of cash flows and annuities by using the time value of money concept.

Associate in Applied Science Degree

Semester One

ACC 101Financial Accounting

4 credits

BUS 129Personal Finance

3 credits

BUS 141Introduction to Business

3 credits

 

BUS 146Business Computations

3 credits

OR

MAT 110 #College Algebra

5 credits

 

BUS 107Microsoft Office in Business Applications

3 credits

OR

CIS 101Computer Systems & Business Applications

3 credits

Total Credit Hours:16-18

Semester Two

ACC 105 #Managerial Accounting

3 credits

BUS 161Business Law I

3 credits

CIS 161 #Microsoft Excel II

3 credits

ECO 102Macroeconomics

3 credits

RHT 101 #Freshman Rhetoric & Composition I

3 credits

Total Credit Hours:15

Semester Three

ACC 251 #Intermediate Accounting I

3 credits

ACC 266 #Cost Accounting

3 credits

BUS 212 #Principles of Finance

3 credits

SPE 101 #Principles of Effective Speaking

3 credits

General education/Humanities and Fine Arts

3-4 credits

Total Credit Hours:15-16

Semester Four

ACC 252 #Intermediate Accounting II

3 credits

ACC 257 #Principles of Auditing

3 credits

 

BUS 149Elementary Statistics

3 credits

OR

ECO 170 #Statistics for Business and Economics

3 credits

 

BUS 262 #Business Law II

3 credits

Program electives

3 credits

Total Credit Hours:15

Total Credit Hours: 61-64

See ACC course descriptions; BUS course descriptions; Humanities or Fine Arts General Education requirements.

Program electives (3): Any ACC or BUS course.

*For students intending to go directly into the workforce take BUS 146◊. (BUS 146◊ meets Triton's Mathematics and/or Science general education requirement.)

Note: ECO 102◊ meets the Social or Behavioral Sciences general education requirement.

Coordinator: Dr. William M. Griffin, Ext. 3579