Accounting (ACCT)



102 Basic Accounting - 3 hours lecture, 3 units (Grade Only)

Advisory: English 48 and English 49 and Mathematics  46, each with a grade of "C" or better, or equivalent, or Assessment Skill Levels R5, W5 and M40.
This course is a study in the theory and practice of the accounting process. Emphasis is placed on accounting transactions and bookkeeping. Topics include business documents, journals and ledgers, opening, adjusting and closing entries, and payroll. This course is designed for students who want a practical approach to accounting. It can be used as preparation for the Certified Public Accountant (CPA) exam. (FT) AA/AS; CSU.

116A Financial Accounting - 4 hours lecture, 4 units (Grade Only)

Advisory: English 48 and English 49 and Mathematics 46, each with a grade of "C" or better, or equivalent, or Assessment Skill Levels R5, W5 and M40.
This introductory course is an overview of financial accounting, why it is important, and how it is used by investors and creditors to make decisions. It covers the accounting information system, and the recording and reporting of business transactions with a focus on the accounting cycle, the applications of generally accepted accounting principles (GAAP), the classified financial statements, and statement analysis. Other topics include issues related to asset, liability, and equity valuation; revenue and expense recognition; cash flows; internal controls; and ethics. This course is intended for students majoring in accounting or other fields related to business administration. (FT) AA/AS; CSU; UC; C-ID ACCT 110.

116B Managerial Accounting - 4 hours lecture, 4 units (Grade Only)

Prerequisite: Accounting 116A with a grade of "C" or better, or equivalent.
This course is a study of how managers use accounting information in decision-making, planning, directing operations, and controlling. The course focuses on cost terms and concepts, cost behavior, cost structure, and cost-volumeprofit analysis. Other topics include profit planning, standard costs, operations and capital budgeting, cost control, and accounting for costs in manufacturing organizations. This course is intended for students majoring in accounting or other fields related to business administration. (FT) AA/AS; CSU; UC; C-ID ACCT 120.

120 Federal Income Tax - 3 hours lecture, 3 units (Grade Only)

Advisory: Completion of or concurrent enrollment in Accounting 116A with a grade of "C" or better, or equivalent.
This course introduces the student to tax concepts and tax laws that govern individuals who pay federal income taxes. Emphasis is placed on recognizing the social, economic, and political factors that Congress considers when they create tax laws. This course relates tax codes to the individual and identifies how tax planning skills can determine economic outcomes. Furthermore, it demonstrates and differentiates between tax avoidance and tax evasion. (FT) AA/AS; CSU.

121 California Income Tax - 1 hour lecture, 1 unit (Grade Only)

Advisory: Concurrent enrollment in: Accounting 120
This course is a study of California personal income taxation and tax planning. Emphasis is placed on tax concepts and related social economic issues rather than tax return preparation. The course distinguishes between California and Federal Income Tax requirements. This course is intended for all students interested in California income tax. AA/AS; CSU.

128A Small Business Accounting - Recordkeeping - 1.5 hours lecture, 1.5 units (Grade Only)

Limitation on Enrollment: This course is not open to students with previous credit for Accounting 128. 
This course is an introductory study of the basic recordkeeping procedures required to manage the accounting documentation related to running a small business. Emphasis is placed on the practical application of recording, summarizing, and reporting business transactions for internal purposes as well as for completing federal, state, and local reporting requirements. This course is for students majoring in business studies, small business owners, and anyone interested in entry-level employment in the field. (FT) AA/AS; CSU.

128B Small Business Accounting - Payroll - 1.5 hours lecture, 1.5 units (Grade Only)

Prerequisite: Accounting 128A with a grade of “C” or better, or equivalent.
Limitation on Enrollment: This course is not open to students with previous credit for Accounting 128.

This course is an introductory study of the basic payroll requirements for small businesses operating in California. Emphasis is placed on differentiating between employees and independent contractors, and the practical application of procedures related to payroll preparation, payroll deposits, and quarterly and annual payroll reports for the California and United States governments. This course is for students majoring in business studies, small business owners, and anyone interested in entry-level employment in the field. (FT) AA/AS; CSU.

150 Computer Accounting Applications - 3 hours lecture, 3 units (Grade Only)

Advisory: Completion of or concurrent enrollment in Accounting 116A with a grade of "C" or better, or equivalent.
This course illustrates to the student how to use accounting computer programs in a commercial business enterprise. As a basis for instruction, it demonstrates the use of QuickBooks Pro accounting software on a PC. The full accounting cycle and payroll is evaluated within a typical business environment. Business transactions are identified, labeled, recorded, and processed for both service and merchandise businesses. Financial statements are constructed, evaluated, and reviewed for accuracy and completeness. The main objective is to provide the student with a complete guide to creating and maintaining a proper accounting system while using a popular accounting software program. (FT) AA/AS; CSU.

This discipline may offer specialized instruction in one or more of the following areas: Supervised Tutoring (044), Experimental Topics (265), Independent Study (290), Individualized Instruction (296), Service Learning (277), or Work Experience (270). Detailed course descriptions are listed on page page 120. Please refer to the class schedule and/or see the dean or department chair for availability.