Accounting, Associate in Applied Science (ACCT)
Program Overview
The Associate in Applied Science (ACCT) in Accounting program equips students with the knowledge and skills for entry-level accounting positions. The program covers financial, managerial, computerized, cost, tax, and business law accounting, preparing graduates for careers in various industries, including public accounting, corporations, and non-profit organizations.
Program Outline
Degree Overview:
Overview:
The Associate in Applied Science (ACCT) in Accounting program equips students with the fundamental knowledge and skills for entry-level positions in the accounting field. The program is designed to provide a comprehensive understanding of accounting principles, practices, and software applications.
Objectives:
- Perform all steps in the accounting cycle for various business entities.
- Analyze financial statements, identify potential issues, and recommend appropriate solutions.
- Prepare federal income tax returns and other tax forms for individuals and businesses.
- Record and interpret cost accounting transactions and their impact on financial statements.
- Understand the special needs of businesses and prepare various operating budgets, including master budgets.
- Prepare variance reports and demonstrate an understanding of capital budgeting.
- Discuss the significance of ethical behavior in business operations.
- Effectively utilize accounting software to streamline processes.
- Apply basic economic principles in business decision-making.
- Describe the contemporary legal environment in business.
Outline:
Program Content:
The curriculum covers a wide range of accounting topics, including financial accounting, managerial accounting, computerized accounting, cost accounting, tax accounting, and business law.
Structure:
The program consists of four semesters and a total of 62 credit hours. The course sequence is designed to provide a progressive development of knowledge and skills.
Course Schedule:
First Semester:
- English Composition I
- Mathematics for Business
- Introduction to Business
- Financial Accounting
- Introduction to Information Technology
Second Semester:
- English Composition II: Writing About Literature
- Managerial Accounting
- Computerized Accounting
- Business/DPR Elective
- Diversity and Social Justice designated Social Science course
Third Semester:
- Introduction to Cost Accounting
- Business Communication
- Introduction to Tax Accounting or Federal Income Tax Accounting
- Any Scientific Inquiry designated Science course
- Social Science Elective
Fourth Semester:
- Legal Environment of Business
- Macroeconomic Principles or Microeconomic Principles
- Humanities Elective
- Business/DPR Elective
- Open Elective
Modules:
The program includes the following modules:
- Financial Accounting: Covers the recording, classification, and summarization of financial transactions.
- Managerial Accounting: Focuses on using accounting information for decision-making within organizations.
- Computerized Accounting: Introduces students to accounting software and its applications.
- Cost Accounting: Provides an understanding of cost allocation and accumulation methods.
- Tax Accounting: Covers the principles of federal income taxation and tax preparation.
- Business Law: Examines the legal environment of business and its impact on accounting practices.
Assessment:
Methods:
The program employs various assessment methods to evaluate student learning, including:
- Exams: Written tests that assess understanding of key concepts and theories.
- Quizzes: Short assessments that test specific areas of knowledge.
- Assignments: Projects that require students to apply their skills and demonstrate their mastery of the subject matter.
- Presentations: Opportunities for students to showcase their research and analytical abilities.
- Case Studies: Real-world scenarios that challenge students to apply their knowledge and make informed decisions.
Criteria:
Student performance is evaluated based on criteria such as:
- Accuracy and completeness of responses
- Depth of understanding and analysis
- Ability to apply knowledge in practical situations
- Communication and presentation skills
Teaching:
Methods:
The program utilizes a variety of teaching methods to cater to different learning styles, including:
- Lectures: Presentations that provide foundational knowledge and concepts.
- Discussions: Class interactions that encourage active participation and critical thinking.
- Group Projects: Collaborative assignments that foster teamwork and problem-solving skills.
- Simulations: Hands-on experiences that mimic real-world business scenarios.
- Case Studies: Interactive exercises that present students with realistic business situations.
Faculty:
The program is taught by experienced faculty with expertise in accounting and related fields. Instructors are dedicated to providing students with a comprehensive and engaging learning experience.
Unique Approaches:
- The program emphasizes the use of accounting software to enhance students' technical proficiency.
- Students have opportunities to participate in internships, which provide practical experience in the accounting field.
- The program aligns with industry standards and best practices, ensuring graduates are well-prepared for the job market.
Careers:
Potential Career Paths:
Upon completion of the program, graduates are equipped for entry-level positions in various accounting fields, including:
- Staff Accountant
- Bookkeeper
- Junior Auditor
- Tax Preparer
- Cost Accountant
- Financial Analyst
Opportunities:
Graduates can pursue careers in a wide range of industries, including:
- Public accounting firms
- Corporations
- Non-profit organizations
- Government agencies
- Financial institutions
Outcomes:
The program aims to prepare students for success in the accounting field by providing them with:
- A solid foundation in accounting principles and practices
- Proficiency in accounting software applications
- Strong analytical and problem-solving skills
- An understanding of the ethical and legal aspects of accounting
- Effective communication and presentation abilities
