Accounting Course Sequence

This course includes the use of Microsoft Excel™ for business and accounting applications, such as sales, payroll, inventory, and expense reports, as well as budgets and estimates. This class also prepares students for the Microsoft Excel™ Specialist and/or Expert Certifications. Students who have a current external certification which meet the objectives for this course may be granted course credit. Pre-requisite: Basic computer skills.
(3 Cr – 3 lect, 0 lab)

This course covers basic use of QuickBooks™ software for the purposes of preparation for the QuickBooks™ Online Certified User exam. QuickBooks™ is used not only to compile transaction data but also to generate basic financial reports. Students who have a current external certification that meets the objectives for this course may be granted course credit. Pre-requisite: Basic computer skills.
(3 Cr – 3 lect, 0 lab)

This course introduces the application of mathematical functions of business problems and solutions. The touch system of 10-key number pads is introduced. Students will also develop speed and accuracy using the touch system for the four basic arithmetic operations
and solving business problems. Prerequisite: Basic math skills.
(3 Cr – 2 lect, 1 lab)

This course is an introduction to financial accounting concepts and principles through a study of business transactions and their effect on financial statements. Topics/concepts included are: accounting as an information system; transactions and the accounting cycle; financial statements (including the Income Statement, Statement of Equity, Balance Sheet, and the Cash Flow Statement); and analysis of profitability, liquidity, and risk. Accounting practices will be applied to measure, classify and report current and long-term assets, current and longterm liabilities, and equity. The course focus will be on corporate accounting. (4 Cr – 4 lect, 0 lab)

This is an introductory college writing course designed to help students develop effective writing skills for college level work.  Students learn to generate ideas and organize them into unified, coherent essays.  Methods of instruction vary, but most sections combine individual conferences and peer review with regular class meetings.  Prerequisites:  A grade of C or higher in ENGL 0960 or appropriate placement score.

MnTC (Goals 1/CM and Goal 2/CT); (3 Cr – 3 lect, 0 lab)

This course focuses on using SageTM – a small-business, double-entry accounting software package. Students will learn to set up and manage complete accounting systems using business scenarios. Topics include creating and maintaining company files, processing daily transactions, managing customers and vendors, performing payroll functions, handling inventory, and generating financial statements and management reports. Emphasis is placed on understanding how computerized accounting systems integrate with fundamental accounting principles. Students who have a current external certification which meet the objectives for this course may be granted course credit. Pre-requisites: ACCT 2011 or concurrent and basic computer skills. (3 Cr – 3 lect, 0 lab)

This course introduces various federal and state laws pertaining to the employment process and the computation and payment of salaries and wages. Topics include Fair Labor Standards Act, Federal Insurance Contributions Act, Unemployment Tax Act, withholding laws, preparation of employment records, payroll registers, timecards, employee earnings records, and federal and state reports. Students will perform various payroll calculations and complete a computerized payroll project. Students who have a current external certification which meet the objectives for this course may be granted course credit. Prerequisites: ACCT 2011 or concurrent enrollment.
(2 Cr – 2 lect, 0 lab)

This course is an introduction to managerial accounting concepts and principles, including a study of: cost behavior; cost-volume-profit analysis; relevant costs for decision-making; budgetary planning; cost management (Activity-Based Costing (ABC), Just-In-Time (JIT), and Total Quality Management (TQM); standard costing and variance analysis; planning for capital investments; product and service costing; performance evaluation; and cost accounting systems. Prerequisites: ACCT 2011. (4 Cr – 4 lect, 0 lab)

This course introduces the application of generally accepted accounting principles (GAAP) for governmental units and not-for-profit entities. Topics include accounting for state and local governmental units, municipalities, public schools, colleges and universities, and hospitals. Accounting for voluntary health and welfare organizations and other non-profit organizations are also included. Prerequisites: ACCT 2011 or concurrent enrollment.
(3 Cr – 3 lect, 0 lab)

This course introduces the basic principles and methods of economics and then applies them to national income accounts, aggregate supply and demand, business cycles, economic growth and monetary and fiscal policy. There will be a special emphasis on international trade and the global economy. MnTC (Goals 5/SS and 8/GP); (3 Cr - 3 lect, 0 lab)

This course introduces federal and state income tax laws as they apply to individuals. It includes business income tax provisions as they apply to sole proprietors. Students will perform various tax calculations manually and with the aid of computer software. Prerequisite: Basic computer skills.
(3 Cr – 3 lect, 0 lab)

This is the second of the two course applied intermediate accounting series. The content of the course covers operational assets, investments, current liabilities and contingencies, long-term debt, leases, accounting for income taxes, stockholders’ equity, accounting changes and error corrections and other advanced accounting topics. The focus of this course is on the practical applications of advanced aspects of accounting standards. Students are encouraged to take advantage of available computer software to assist in computations. This course is part of the Associate in Applied Science Accounting degree which is accredited by the Accreditation Council for Business Schools and Programs (ACBSP). Prerequisites: ACCT 2031. (3 Cr – 3 lect, 0 lab)

This course introduces accounting applied to production costs of a manufacturing entity.
Topics include the accounting for materials, labor, and overhead costs. Job order cost system, process cost system, by-products, strategic financial management, as well as basic budgeting, standard cost systems and variance analysis are also included. Prerequisites:
ACCT 2011, ACCT 2012, or instructor approval.
(4 Cr – 4 lect, 0 lab)

This is a survey course that provides students with a basic understanding of the legal aspects of business. Topics include an overview of the basic United States legal system, ethics, contracts, legal structure of business, agency and employment law, property issues, and international/global business law.

• (3 Cr – 3 lect, 0 lab)

This course covers the income taxation of sole proprietorships, corporations, partnerships, fiduciaries, and S corporations. Students complete the appropriate federal tax returns as they apply to these entities. Prerequisites: ACCT 1040 or instructor approval.
(3 Cr – 3 lect, 0 lab)

This course covers the basics of college level algebra emphasizing understanding of the basic principles through investigation. The topics covered range from a basic algebra review to exploration of linear, quadratic, exponential, and logarithmic functions along with a study of rational expressions, inverse relations, function operations, complex numbers, and systems of equations. Prerequisites: Math 0670 with a grade of C or better or appropriate placement in course based on Multiple Measures for Course Placement – Math Decision Band Chart. MnTC (Goals 4/MA and Goal 2/CT); (3 Cr - 3 lect, 0 lab)

This course focuses on the theory and practice of public communication including individual and group presentations.  This course emphasizes audience analysis, organization, content development including topic selection and speaking ethics.  Students will prepare and deliver a variety of both individual and group presentations and demonstrate an ability to apply research from diverse sources.  Students should expect to reduce speech apprehension and develop self-confidence in their ability to communicate in public.

MnTC (Goals 1/CM and 9/EC); (3 Cr – 3 lect, 0 lab)

Minnesota Transfer Curriculum Goal 6 focuses on understanding human cultures, values, and creative expression through the humanities and fine arts. Courses aligned with this goal help students explore artistic works, think critically, and engage in creative and interpretive experiences.