Academic Catalog - Accounting

ACC 1001 / ACC 101:  Fundamentals of Accounting – 3 Credits
Introduces accounting fundamentals with emphasis on the procedures and practices used in business organizations. Major topics include the accounting cycle for service and merchandising companies, including end-of-period reporting. (Contact hours – 45) 

ACC 1011: Introduction to Financial Accounting – 3 Credits
Focuses on financial accounting concepts prescribed by Generally Accepted Accounting Principles (GAAP), including financial information for external partners, the accounting cycle process, basic terminology, transaction analysis, internal control systems, and financial statement preparation and analysis. 
(Contact hours – 45) 

ACC 1012: Introduction to Managerial Accounting – 3 Credits 
Focuses on the fundamentals of managerial accounting and cost management as tools to aid internal users’ decision-making processes. This course covers basic managerial accounting concepts, such as product costing and cost behavior and control. It also covers internal management decision making tools, including cost-volume-profit analysis, budgeting, cost analysis, and planning and control systems. 
(Contact hours – 45)
Prerequisite(s): ACC 1001 or ACC 1011 or ACC 1021 / ACC 121 

ACC 1015 / ACC 115: Payroll Accounting – 3 Credits
Covers federal and state employment laws and their effects on personnel and payroll records. The course is non-technical and is intended to give students a practical working knowledge of the current payroll laws and actual experience in applying regulations, including computerized payroll procedures.
(Contact hours – 45)
Corequisite(s): ACC 1001 / ACC 101 or ACC 1011 or ACC 1021 / ACC 121  

ACC 1025 / ACC 125: Computerized Accounting – 3 Credits
Introduces the capabilities of computer applications in accounting. Includes solving accounting problems of a financial nature and hardware and software controls.
(Contact hours – 45)
Prerequisite(s):  ACC 1001 / ACC 101 or ACC 1011 or ACC 1021 / ACC 121  

ACC 1031 / ACC 131: Income Tax – 3 Credits
Introduces basic concepts of federal income taxation and tax administration with emphasis on taxation of individuals and sole proprietorships.
(Contact hours – 45) 

ACC 1032 / ACC 132: Tax Help Colorado – 2 Credits
Examines the preparation of individual, federal, and state income tax returns within the guidelines and limitations set forth by the Tax Help Colorado program and IRS guidelines. Emphasis is placed on form preparation with the use of tax software.
(Contact hours – 30) 

ACC 1035 / ACC 135: Spreadsheet Apps/Accounting – 3 Credits
Introduces spreadsheets as an accounting tool in the application of fundamental accounting concepts, problem-solving, and decision-making skills. 
(Contact hours – 45)
Corequisite(s): ACC 1001 or ACC 1021 and CIS 1018 or CIS 1055 

ACC 1038 / ACC 138: Payroll and Sales Tax – 3 Credits
Introduces laws pertaining to payroll and sales taxes including record keeping rules; preparation of various federal, state and local forms for reporting payroll and sales taxes; and computerized payroll procedures.
Prerequisite(s) or Corequisite(s): ACC 1001 or ACC 1011 or ACC 1021  

ACC 2011 / ACC 211:  Intermediate Accounting I – 4 Credits
Focuses on comprehensive analysis of Generally Accepted Accounting Principles (GAAP), accounting theory, concepts, and financial reporting principles for public corporations. It is the first of a two-course sequence in financial accounting and is designed primarily for accounting and finance majors. Focus is on the preparation and analysis of business information relevant and useful to external users of financial reports. Explores the theories, principles and practices surveyed in Accounting Principles, and critically examines `real-world` financial analysis and reporting issues.
(Contact hours – 60)
Prerequisite(s): ACC 1012 or ACC 1022 / ACC 122  

ACC 2012 / ACC 212:  Intermediate Accounting II – 4 Credits
Focuses on the theoretical and practical aspects of accounting for long-term liabilities, stockholders` equity, investments, pensions and leases. Includes income tax allocation, financial statement analysis, cash flow statements, and accounting methods changes.
(Contact hours – 60)
Prerequisite(s): ACC 2011  

ACC 2026 / ACC 226: Cost Accounting – 3 Credits
Explores cost accumulation methods and reports, including job order, process, standard, and activity-based cost systems. Topics include budgeting, planning, and control of costs.
(Contact hours – 45)
Prerequisite(s): ACC 1012 or ACC 1022 / ACC 122  

ACC 2031 / ACC 231: Business Taxation – 3 Credits
Introduces student to taxation of business entities and transactions. Topics include taxation of property transactions, various tax issues that apply to different tax entities, tax administration and practice, and the taxation effects of formation, operation, and dissolution of corporations, partnerships, S corporations, trusts and estates.
Prerequisite(s): ACC 1031 or ACC 1032 

ACC 2035 / ACC 235:  Computerized Accounting: Small – 3 Credits
Introduces an electronic accounting application for use in a small business. This course will focus on installing and launching the application, converting a manual accounting system to an electronic system, recording daily transactions, and summarizing records in reports for a complete financial picture. 
(Contact hours 45)
Prerequisite(s) or Corequisite(s): ACC 1001 or ACC 1011 or ACC 1021 

ACC 2045/ ACC 245:  Computerized Accounting Professional Package – 3 Credits
Integrates accounting principles and practices with a computerized accounting package such as Peachtree, DacEasy, or other professional package. Emphasizes computerized functions of the general ledger and integrated accounts payable, accounts receivable, invoicing and payroll systems.
Prerequisite(s) or Corequisite(s): ACC 1001 or ACC 1011 or ACC 1021 

ACC 2089 / ACC 289: Capstone 0-12 Credits
Provides a demonstrated culmination of learning within a given program of study.
Prerequisite(s) or Corequisite(s): ACC 1012 or ACC 1022 

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