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2012-14 Online Course Catalog

ACCT - ACCOUNTING 

ACCT A101: Principles of Financial Accounting I: 3 CR

Contact Hours:  3 + 0  
Registration Restrictions: MATH A055 with minimum grade of C or approved UAA mathematics placement test score. Special Note: ACCT A101 and ACCT A102 will satisfy requirement for ACCT A201. AAS accounting majors must take ACCT A101 and ACCT A102. First semester introductory financial accounting. Emphasizes procedures for recording, analyzing, and summarizing accounting transactions. Includes discussion of the following asset categories: cash, accounts receivable, and inventory. Taught from the perspective of the accountant or bookkeeper who is responsible for recording accounting transactions. 

ACCT A102: Principles of Financial Accounting II: 3 CR

Contact Hours:  3 + 0
Prerequisites: ACCT A101 with minimum grade of C.
Special Note: ACCT A101 and ACCT A102 will satisfy requirement for ACCT A201. AAS accounting majors must take ACCT A101 and ACCT A102. Second semester introductory financial accounting. Emphasizes procedures for recording, analyzing, and summarizing accounting transactions dealing with long-term assets, current and long-term liabilities, as well as stockholder and partnership equity transactions, and the statement of cash flows. Taught from the perspective of the accountant/bookkeeper who is responsible for recording accounting transactions. 

ACCT A201 Principles of Financial Accounting 3 CR

Contact Hours: 3 + 0
Prerequisites: MATH A105 with minimum grade of C or MATH A107 with minimum grade of C or MATH A172 with minimum grade of C or MATH A200 with minimum grade of C or MATH A272 with minimum grade of C. Registration Restrictions: UAA-approved mathematics placement test scores may be used in lieu of prerequisites. Special Note: ACCT A101 and ACCT A102 will satisfy the requirement for ACCT A201. AAS accounting majors must take ACCT A101 and ACCT A102. Introduction to financial accounting concepts and principles. Emphasizes the recognition and recording of financial information, the creation and understanding of financial statements, and the role accounting information takes in business and society.

ACCT A202: Principles of Managerial Accounting: 3 CR

Contact Hours:  3 + 0
Prerequisites: CIS A110 and [ACCT A101 with minimum grade of C and ACCT A102 with minimum grade of C] or ACCT A201 with minimum grade of C. Studies the generation and analysis of accounting information and its use by managers as they engage in planning, control, and decision-making activities in business and non-business organizations. Topics include product costing, cost-volume-profit analysis, profit planning, variance analysis and relevant costs for decision making. 

ACCT A210: Income Tax Preparation: 3 CR

Contact Hours:  3 + 0
Prerequisites: [ACCT A101 and ACCT A102] or ACCT A201 and CIS A110. Preparation of individual income tax returns, manually and computerized (using the latest in tax preparation software). Tax research and tax planning with emphasis on primary and administrative sources of income tax law. Emphasis is on the sources and interpretation of the tax laws and principles as well as how they apply to individuals. 

ACCT A222: Introduction to Computerized Accounting: 3 CR

Contact Hours:  3 + 0
Prerequisites: [ACCT A101 and ACCT A102] or ACCT A201 and CIS A110. Special Fees. Introduction to processing accounting information using commercial accounting software. Illustrates conversion from manual to computerized accounting system; includes maintenance of chart of accounts and all master files; processing sales, receivables, and cash receipts, purchases, payables, and cash payments; preparation of financial statements and other reports. Includes only minimal coverage of the payroll function.

ACCT A310: Income Tax: 3 CR

Contact Hours:  3 + 0
Prerequisites: ACCT A202 with minimum grade of C and ACCT A216 with minimum grade of C. Registration Restrictions: College of Business & Public Policy majors must be admitted to upper-division standing. Special Fees. A study of the federal income tax law as it applies to individuals, sole proprietors and property transactions. Emphasis is on research, theory, application and tax planning. 

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