Last Updated

6/17/2021 1:07:57 PM

Accounting/Finance, Associate in Applied Science

(formerly Accounting)

Curriculum BUS.ACC.AAS (C206A)

(Total Program Credits: 61-62)

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: 

Upon 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.

(Fall 2021)

Placement Measures MAT, RHT, and COL sequence placement will be determined by an Academic Advisor. Contact your Academic Advisor or Transfer Specialist (if transferring), before registering for courses. Developmental education courses do not transfer. They assist students in the path towards college credit.

Associate in Applied Science Degree

Semester One: Fall

Course NumberTitleCredits
ACC 101Financial Accounting

4 credits

BUS 129Personal Finance

3 credits

BUS 141Introduction to Business

3 credits

 

BUS 107Microsoft Office in Business Applications

3 credits

OR

CIS 101Computer Systems & Business Applications

3 credits

 

RHT 101Freshman Rhetoric & Composition I #

3 credits

Total Credit Hours:16

Note: Grade of “C” or higher is an IAI requirement for RHT 101 and RHT 102.

Semester Two: Spring

Course NumberTitleCredits
ACC 105Managerial Accounting #

3 credits

 

BUS 146Business Computations

3 credits

OR

MAT 110College Algebra #

3 credits

 

BUS 161Business Law I

3 credits

CIS 161Microsoft Excel II #

3 credits

ECO 102Macroeconomics

3 credits

Total Credit Hours:15

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

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

Semester Three: Fall

Course NumberTitleCredits
ACC 251Intermediate Accounting I #

4 credits

ACC 266Cost Accounting #

3 credits

BUS 212Principles of Finance #

3 credits

SPE 101Principles of Effective Speaking #

3 credits

General education/Humanities and Fine Arts

3-4 credits

Total Credit Hours:16-17

Note: Grade of ‘C’ or high is an IAI requirement for RHT 101 and RHT 102. Students must complete RHT 101, with SPE 101, or RHT 101 with RHT 102. Students intending to transfer are encouraged to complete all three courses: RHT 101, RHT 102 and SPE 101 to meet university requirements.

Semester Four: Spring

Course NumberTitleCredits
ACC 252Intermediate Accounting II #

4 credits

ACC 257Principles of Auditing #

3 credits

 

BUS 149Elementary Statistics

3 credits

OR

ECO 170Statistics for Business and Economics #

3 credits

 

BUS 262Business Law II #

3 credits

Total Credit Hours:13

Note:     To earn BUS.ACC.CERT, take additional BUS 102; CIS 155 or CIS 157; ACC 256; BUS 188.

              To earn BUS.BKK.CERT take additional BUS 102, CIS 155.

Program Electives (3):

Take any ACC or BUS course.
Course NumberTitleCredits

Graduation Requirements

Course NumberTitleCredits

General education:

AAS degree

Course NumberTitleCredits
Total Credit Hours:15

Total semester hours for program required courses program specific electives and other electives toward the AAS Degree in Accounting/Finance

Course NumberTitleCredits
Total Credit Hours:45

General education Associate in Applied Science requirements by discipline:

  • Communications: Two courses (six semester hours). Department choice of RHT 101◊ and RHT 102◊ or RHT 101◊ with SPE 101◊. If transferring, it is suggested to take all three courses.
  • Social and Behavioral Sciences or Humanities or Fine Arts: Two courses (six semester hours are required for graduation; department choice whether courses are taken from each discipline or two courses from same discipline, to include one approved Human Diversity course.
  • Mathematics or Physical or Life Science: One course (three semester hours); review specific program requirements for your selected curriculum.
Course NumberTitleCredits

See ACC course descriptions; BUS course descriptions

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