Required Courses – Accounting

This is an introductory course of study in financial accounting and financial reporting for business entities. (TAG# OBU010)

This course provides information for assisting the management of a business entity in making decisions and for evaluating the effectiveness of those decisions by developing a student’s understanding of managerial accounting principles. (TAG# OBU011)

Required Prerequisite(s): ACCT1010

A comprehensive approach to teaching accounting concepts in a software environment utilizing data files designed to simulate real-world businesses so that students gain “hands-on” experience with performing accounting activities, producing financial statements, and analyzing company performance.

Required Prerequisite(s): ACCT1010

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.

Required as Prerequisite or Concurrent: ACCT1052

This review course is designed to prepare students to sit for the Certified Bookkeeper exam administered by American Institute of Professional Bookkeepers.

Required Prerequisite(s): ACCT1010, ACCT2012, CISS1220
Required as Prerequisite or Concurrent: ACCT1070

Income tax concepts will be stressed in the course, such as income, exclusions, deductions, adjusted gross income, capital gains and losses, exemptions, tax credits, and determination of income from business, trade, or profession. Attention is given to the reasoning behind major tax regulations and their effects upon the business firm and the impact of tax regulations upon managerial decision-making.

This course is a continuation of Taxation I.  Special emphasis is placed on taxation of corporate entities, partnerships, and sub-chapter S corporations.  Other specific topics will include state and local income taxes and wealth planning.

Required Prerequisite(s): ACCT2012

An analysis of current accounting treatments of financial statement items. Emphasis is given to an evaluation of the theory underlying modern accounting practices, as well as to the comprehensive study of the accounting techniques involved.

Required Prerequisite(s): ACCT1010

An analysis of current accounting treatments of financial statement items. Emphasis is given to an evaluation of the theory underlying modern accounting practices, as well as to the comprehensive study of the accounting techniques involved.

Required Prerequisite(s): ACCT2030

The topics in this course include the principles and operation of fund accounting including financial reporting and budgetary control for state and local governments.

Required Prerequisite(s): ACCT1010

An introduction to the basics of finance with an emphasis on the structure of financial statements, taxes, cash flows, ratio analysis, time-value-of-money, annuities, bond valuation, stock valuation, and capital budgeting.

Required Prerequisite(s): ACCT1010

Take ACCT 2092, or ACCT 2095 and ACCT 2096
Students will demonstrate their accounting knowledge through various class projects. Students will complete a portfolio and a presentation analyzing a major company.

Required Prerequisite(s): ACCT2030, ENGL1010
Required as Prerequisite or Concurrent: ACCT2060

Take ACCT 2092, or ACCT 2095 and ACCT 2096
The cooperative work experience is an opportunity for students to obtain practical work experience in the Accounting field while earning college credit. This on or off campus employment experience can be paid or unpaid. The work experience is coordinated by a faculty member who visits the job site for a conference with the student and the supervisor at least once per semester. Students must complete 150 hours of work experience. This class is Pass/No Pass (P/NP).

Required Prerequisite(s): Student must have completed 20 semester credit hours of ACCT classes with a minimum grade of C- in each course. Students should have a 2.0 GPA. All forms required for the Cooperative Work Experience must be submitted upon registering for this class. Students are required to attend an orientation class the first week of the semester. Students must get permission of the instructor in order to enroll in this class.
Required Concurrent Course(s): ACCT2096

Take ACCT 2092, or ACCT 2095 and ACCT 2096
This course is taken concurrently with ACCT 2095 Cooperative Work Experience. Students will discuss their work place experiences that occur during their Co-op Work Experience. Students must get permission of the instructor in order to enroll in this class. This class is Pass/No Pass (P/NP).

Required Concurrent Course(s): ACCT2095

In this course the student is exposed to a broad view of the business enterprise. Special emphasis is placed upon the role and importance of entrepreneurship and small-business management. The student will gain insight into the necessity and mutual interdependence of such key business functions as management, human resources, operations and quality, marketing, accounting, and finance. Additionally, the topics of globalization and economics are introduced. Throughout this course, the student will gain extensive experience in problem solving by means of applying basic business math skills to typical business scenarios.

Required Prerequisite(s): ENGL0040 with minimum grade of C- or qualifying placement test score

This course is a study in the legal and ethical environment in which businesses operate. (TAG # OBU004)

Take BUSM 1170 or ENGL 1030
This course introduces foundational business communication principles and practices. Students will learn to analyze different communication situations; to plan and design oral and written communications; to communicate effectively using appropriate formats, styles, and technologies; and to apply critical thinking and problem-solving skills in order to achieve desired communication objectives.  (OBU005, tentative)

Required Prerequisite(s): ENGL1010 with a minimum grade of C-

This course is an introductory course in word processing using Microsoft Word for Windows. Through a series of hands-on exercises, the student will create, edit, format, and print documents. Topics include: creating, saving, retrieving, formatting, editing, printing, inserting graphic elements, merging, maintaining file organization, and using the help system.

Required Prerequisite(s): CISS1020 or pass Computer Literacy Assessment

This course is an introductory course in spreadsheets using Microsoft Excel for Windows. Through a series of hands-on exercises, the student will create, edit, format, and print worksheets. Topics include: creating, saving, retrieving, formatting, editing, printing, creating formulas, using functions, naming cells and ranges, creating tables, creating charts, defining range names, validating data, sorting and filtering data, maintaining file organization, and using templates.

Required Prerequisite(s): CISS1020 or pass Computer Literacy Assessment

This second level course covers expert Excel features, including formatting with advanced techniques, working with templates and workbooks, working with lists, using analysis tools, managing and auditing worksheets, collaborating with workgroups, and using advanced format functions.

Required Prerequisite(s): CISS1220

This course involves instruction and experience in giving a presentation. Students are taught the principles of speech content and delivery so that they can effectively participate in a variety of practical speaking situations. Presentations will include the informative speech, persuasive speech, visual aid/demonstration speech, impromptu speech, and group presentation. (OTM for Oral Communication TMCOM and TAG# OCM013)

Take ECON 1510 or ECON 2510
This course of study focuses upon how the condition of scarcity affects the decisions of individuals, households, and business firms in their roles as producers and consumers. In particular, the price mechanism is addressed at length and explained by the conceptual and graphical representations of supply and demand. Applications of such concepts as elasticity of demand, as well as marginal cost and revenue calculations are used by the student to determine optimum pricing, profit, and revenue strategies for the firm. The advantages and disadvantages of relative economies of scale in both the long-run and short-run are explored. The market conditions of monopoly, oligopoly as well as perfect competition are analyzed with the goal of giving the student an understanding and appreciation of their socio-economic implications.

Required Prerequisite(s): MATH0084 with a minimum grade of C- or qualifying placement test scores

Take ECON 1510 or ECON 2510
This course will prepare the student to understand, critique, and predict how the various schools of macro-economic thought would diagnose and attempt to solve questions of national economic interest. Extensive investigation of the underlying principles of Keynesian, Neo-Keynesian, Monetarist, supply-side and Austrian perspectives is accomplished using both an analytical as well as a socio-economic/historical approach. Understanding these perspectives will enable the student to both understand and successfully participate in rational discussion regarding such issues as fiscal policy, monetary policy, trade policy, taxation, taxation theory and economic growth. (TAG# OSS005)

Required Prerequisite(s): MATH0084 with a minimum grade of C- or qualifying placement test scores

This is a basic course in expository writing and critical reading. Students read a variety of nonfiction works and write summaries, analysis, essays, and a researched argument in response to their reading. Students learn to read actively and accurately and to organize, develop, and revise coherent papers appropriate for a college-educated audience. (OTM for First Writing Course TME001)

Required Prerequisite(s): ENGL0040 with a minimum grade of C- or qualifying placement test scores

Take BUSM 1170 or ENGL 1030
This is a course in argument and research writing. Students read issue-based works and write summaries, responses, and an argument and research paper. Students learn to organize research projects, find and evaluate sources, incorporate ideas and quotations from sources, document their sources in MLA and APA style, analyze and use argumentative strategies and persuasive appeals, and prepare and revise effective, coherent papers. (OTM for Second Writing Course TME002)

Required Prerequisite(s): ENGL1010 with a minimum grade of C-

This course provides the student with an overview of probability and statistics. Probability terminology, concepts and rules are emphasized in solving probability problems. Descriptive statistics, including measures of central tendency and dispersion, charts, tables and diagrams are used to summarize data. The student is introduced to the binomial, Poisson, hyper-geometric, normal and t-distributions. Confidence intervals, hypothesis testing, correlation, and linear regression are used to make conclusions concerning population parameters from sample data. This course meets the requirements for OTM Introductory Statistics TMM010.

Required as Prerequisite(s): MATH0084 with a minimum grade of C-, or qualifying placement test score, or co-requisite of STAT0086