AAS in Accounting Course Outline

Associate of Applied Science Degree in Accounting

The Accounting program is designed to meet the needs of business and industry for qualified entry-level accountants.

This program is available both day and evening, meeting four to five times per week. Students are required to take Employment Preparation. This is a 60 semester credit hour program.

ACCOUNTING CLASSES 37 semester credits
Course Number Course Title
CP100 Computer Essentials 1
CP210 Spreadsheet Fundamentals 4
CP220 Advanced Spreadsheet 4
AC111 Principles of  Accounting I 4
AC112 Principles of Accounting II 4
AC260 QuickBooks for Accounting I 4
AC261 QuickBooks for Accounting II 4
AC 210 Federal Income Taxation 3
AC220 Cost Accounting 3
AC230 Auditing 3
AC 240 Introduction to Financial Management 3



Students are required to take six or seven courses (18 to 21 semester credits), one or two courses from the following discipline

23 semester credits
Course Number Social and Behavioral Science(Choose one or two )
GE150 Economics 3
PS110 Introduction to Psychology 3
SC110 Introduction to Psychology 3
Humanities(Choose one or two )
HI 104 American History 3
HI 105 American Government 3
Communications(Choose two or three )
EN100 Communication & Customer Relations 3
EN101 Introduction to composition 3
EN200 Speech 3
EN300 Essay Writing 3
Life and Physical Sciences(Choose one )
BI101 Biology 4
Mathematics and Natural Science(Choose one or two )
MT110 Business Math 3
MT130 College Algebra 3
MT140 Business Calculus 3
MT150 Statistics 3
EP101 Employment Preparation 1
Total Credit Hours to Graduate 60 semester credits

Course Descriptions:

CP100 Computer Essentials (No prerequisite, 3 Semester Credit Hours)
This course introduces students to basic computer concepts using Windows Operating Systems and Microsoft Office Applications. Students get an overview of computing concepts and the basics of an Operating System. Students work with Microsoft Word to create, edit, and format standard word processing documents. Basic file management techniques are introduced to organize, store, and retrieve files and documents. Students move on to using Internet applications such as email, web search engines and networking and examine issues of internet security and privacy. Microsoft Office applications such as Excel will be introduced and via brief overview MS Office applications to create flyers, reports, tables and presentation graphics.

CP210 Spreadsheet Fundamentals (Prerequisite: CP100, 3 Semester Credit Hours)
This course introduces the basic tool of computerized accounting, the electronic spreadsheet (specifically Microsoft Excel, the most widely used in industry). Solving theoretical exercise problems using spreadsheet software will emphasize the use of the computer as a tool to assist in financial planning and accounting for business.

CP220 Advanced Spreadsheet Applications (Prerequisite: CP210, 3 Semester Credit Hours)
This course covers advanced skills using Microsoft Excel 2007. Students will create formulas, add formatting attributes, and create charts. Additional skills coverage includes working with financial formulas and functions, managing workbooks, automating worksheet tasks, and using lists. The student will create templates, learn 3D drilling for multi worksheets and create workspaces from multi workbooks. Also, the student will create macros and automate worksheets using VBA.

AC111 Principles of Accounting I (No prerequisite, 4 Semester Credit Hours)
This course provides the student with an understanding of the fundamental principles, methods, and procedures of ac¬counting and the accounting cycle. Topics will include general and subsidiary ledgers, preparation of financial statements, reports and analysis of data of the general ledger, accounts receivables/payables, inventory, payroll, accounting for merchandise transactions and asset manage¬ment. Journalizing, posting, preparing a trial balance and worksheet, adjusting and closing entries, and preparing a post-closing trial balance are also discussed.

AC112 Principles of Accounting II (Prerequisite: AC111, 4 Semester Credit Hours)
The accounting cycle will be reviewed including partner¬ship accounting and accounting for corporations. The stu-dent will gain an understanding of computerized accounting topics that include stockholders equity, long-term liabili¬ties (bonds, investments), cash flow, inventory valuation, accounting for property, plant and equipment, preparation and analysis of partnership and corporate financial state¬ments. Managerial aspects of accounting, such as manufac¬turing statements and job order and process cost systems will be introduced.

AC260 QuickBooks for Accounting I (Prerequisites: CP100, AC111, 4 Semester Credit Hours)
This course provides an introduction to accounting with QuickBooks software. Students will learn how the double entry system of bookkeeping is implemented through QuickBooks’ system of document preparation. Students will enter sales, receivables, payables and purchases for a service business. Students will become proficient at using QuickBooks Navigators, Menus and Registers.

AC261 QuickBooks for Accounting II (Prerequisite: AC260, 4 Semester Credit Hours)
Additional practice and proficiency in QuickBooks is this course’s goal. Students will apply QuickBooks skills to a merchandising company. Other topics covered include preparing payroll, reconciling bank accounts and working with the numerous reports QuickBooks offers. Integrating QuickBooks with Excel, Word and online services will be presented.

AC210 Federal Income Taxation (No prerequisite, 3 Semester Credit Hours)
This course provides the student with an understanding of the fundamental principles, methods, and procedures of Federal individual income tax. Topics will include, filling requirement; gross income, adjusted gross income, deductions, gains & loses; and taxes and credits.

AC220 Cost Accounting (Prerequisites: AC111, AC112, 3 Semester Credit Hours)
This course presents cost accounting methods, concepts and procedures used by management in their decision making process. Topics covered include cost accumulation techniques, budgeting and breakeven analysis.

AC230 Auditing (Prerequisites: AC111, AC112, 4 Semester Credit Hours)
This course introduces students to the audit process. The student will gain an understanding of the basic principles and procedures of internal control, evidence and maintaining audit work papers and reports.

CP230 Data Base Application (Prerequisite: CP210, 3 Semester Credit Hours)
This course provides the student with an understanding of the fundamental principles, methods, procedures of Database creation and maintenance using Microsoft Access 2007. Topics will include: creating and running a query, entering criteria into a query, sorting data in a query, joining tables, using calculations in a query, and designing crosstab queries. Students will be able to update records, filter records, change the structure of a database table, change the appearance of a datasheet, add validation rules to a table, enforce referential integrity in a database, order records, create and use indexes. Learn to create and open switchboards, modify a switchboard page, use pivot tables, and create and run macros.

BM100 Introduction to Business & Ethics (No prerequisite, 3 Semester Credit Hours)
This Course is an introduction to business administration and management, marketing, finance, human resources and economics in the America market place. Aspects of business, including the relationship of business to the social, economic, and political worlds will be covered. The history of the American economy and a comparison of the free enterprise system to other economic systems will be discussed.

BI101 Biology (No prerequisite, 4 Semester Credit Hours)
A study of the basic concepts of living organisms including cell structure and function, metabolism, growth, and differentiation, reproduction, genetics, behavior, adaptations, and evolution.

AC240 Introduction to Financial Management (No prerequisite, 3 Semester Credit Hours)
This course provides the student with an understanding of the fundamental principles, methods, procedures of financial management focused on personal finance. Topics will include: personal finance basics, time value of money, tax strategy, and money management, financial statements, budgeting, saving plans, consumer credits, & investing fundamentals to include investing in stocks, investing in bonds, investing in mutual funds, and investing in real estate and other investment alternatives. This course will include early retirement planning & selection of alternative investments.

GE150 Economics (No prerequisite, 3 Semester Credit Hours)
A study of the nature and methods of economics. Topics will include the economizing problem, American capital-ism, national goals, and the basic principles of money and banking. A detailed analysis of supply and demand, the mechanics of market structures, national income, inflation, employment theory, and monetary and fiscal policy will be presented and discussed. The scope and methodology of macroeconomics as to choice, scarcity, and problems will be explored. An introduction to microeconomics will be presented.

GE181 Anthropology (No prerequisite, 3 Semester Credit Hours)
Students will learn about culture and ethnographic research and writing. By combining study in the classroom and fieldwork within the multicultural city of Chicago, students will choose a cultural scene to investigate, identify informants, conduct interviews and write and ethnographic study. In class, students will discuss the logistical and ethical problems and concerns that arise while conducting fieldwork. Students will refine their communication, problem solving, reasoning and collaborative skills while discovering how their understanding of culture can enhance their personal and professional lives.

PS110 Introduction to Psychology (No prerequisite, 3 Semester Credit Hours)
The course is designed to assist the individual in developing a growing understanding of basic psychological concepts, an increased awareness of one’s self, a continued interest in human behavior, and an increased effectiveness in relating to other people. The course presents the fundamental issues of psychology, including research in psychology, biological influences on development and behavior, learning and memory, motivation, personality, psychological disorders, and psychological interventions.

HI104 American History (No prerequisite, 3 Semester Credit Hours)
This course is a survey of American history from the Age of the Enlightenment to the current period. Topics to be discussed include the establishment of a nation based on European ideas in America, the institution of slavery, the Industrial Revolution and its effects, critical abuses to human rights and legal responses during and after World Wars I and II, and the emergence of a technological society in the 20th and the 21st centuries.

HI105 American Government (No prerequisite, 3 Semester Credit Hours)
This introductory course will explore how the American federalist system of government works on the national, state and local levels. Using the United States Constitution as the basis of law in this country, students will understand the varying roles played by the congressional, judicial, and executive branches of the federal government in enacting and interpreting laws and how lobbyists, the media, the federal bureaucracy and public opinion influence these institutions. Students will also learn how the federal, state, and local governments interact with each other.

EN101 Introduction to Composition (No prerequisite, 3 Semester Credit Hours)
Drawing on their own, unique backgrounds, as well as on discussions of contemporary media selections, students will explore a number of different writing styles, including: Analytical, Autobiographical, Debate, Descriptive, Dramatic, Editorial, Expository, How-to, Narrative, Persuasive and Poetic. Emphasis will be placed on Structure, Syntax and Word Choice as the keys to clear, coherent writing.

EN200 Speech (No prerequisite, 3 Semester Credit Hours)
Course emphasizes the organization, content and presentation of the major forms of public speaking. The fundamentals of oral communication, including clarity, impact, and audience retention, are discussed. Critical evaluation and analysis are also introduced.

EN300 Essay Writing (No prerequisite, 3 Semester Credit Hours)
With an emphasis on utilizing the students’ own personal experiences and engendering an atmosphere of constructive peer feedback, this class provides a rigorous introduction to essay writing. In-class journals, free writing, and brainstorming are used as starting points whereby students begin to recognize connections that help them understand process and audience, form and function, and result in more highly structured, unified and coherent essays. This course places a high priority on pair and small-group work, as well as the critical thinking skills necessary to solve problems in writing, rewriting and editing.

MT130 College Algebra (No prerequisite, 3 Semester Credit Hours)
Course surveys algebraic and exponential functions. Content includes polynomial, rational, exponential, logarithmic, and special functions; systems of equations and inequalities, sequences and series, and the binomial theorem.

MT140 Business Calculus (No prerequisite, 3 Semester Credit Hours)
The course will introduce students to the concept of the derivative of a function of one real variable and the integral of a function. The concepts will be used to solve problems from biology, finance and mechanics.

M150 Statistics (No prerequisite, 3 Semester Credit Hours)
Course is geared towards students with little or no knowledge in probability and statistical methods. The course will introduce students to basic concepts in probability and statistical analysis and their application in some real-world situations (finance, economics, psychology and marketing).

EP101 Employment Preparation (No prerequisite, 0 Semester Credit Hours)
In this seminar students are taught how to conduct a job search, including locating sources of employment, writing letters of application, creating a resume, and interviewing for a job with necessary follow-up procedures.