2014-15 Catalog

Accounting

Associate in Applied Science

This program is designed for the student who desires to prepare for employment in the accounting function of many different types of organizations. Manufacturing, distributions, marketing and sales, governmental, and non-profit organizations all require competent accounting personnel to keep accurate records and provide analysis of the effect of management decisions on day-to-day business activities. Satisfactory completion of this curriculum will provide competence for positions in accounting.

Certificate

This program is designed for the student who desires to work as an assistant to an accountant or accounting professional. Persons who take positions as accounting assistants need competence in the theory and practice of areas such as accounts receivable, accounts payable, payroll, merchandise accounting and fixed asset accounting. Standard record-keeping practices are also required. Satisfactory completion of this certificate program will provide an appropriate background for a job-entry level position as a bookkeeper or an assistant in an accounting department

Admission to the Program: Open

First-Time Enrollees

  1. Complete an application for admission and, if desired, apply for financial aid.
  2. Send an official high school transcript or GED score report to the Admissions and Records Office.
  3. Complete the placement exam, COMPASS.
  4. Meet with an advisor/counselor to select classes and complete the registration process.

 

For Additional Program Information Contact the Welcome Center

welcomecenter@sandburg.edu
309.345.3500
 

 

 

Associate in Applied Science

First Year
Fall SemesterSemester Hours
ACC.101Principles of Financial Accounting 3
ENG.101Freshman Composition 1 3
BOC.100 or MAT.131Business Mathematics 3
AOP.101 or BOC.107Keyboarding & Formatting 1 (or Articulated Credit) 3
BUS.100Introduction to Business 3
Spring Semester
ACC.102Principles of Managerial Accounting 3
ACC.203Accounting Software 3
SPE.120Introduction to Public Speaking 3
CIS.112Computer Software Applications 3
BOC.104 or MAT.132Mathematics of Finance 3
Second Year
Fall Semester
ACC.201Intermediate Accounting 1 4
ACC.208Spreadsheet Applications for Business 3
BLA.201 or BLA.202Legal Environment of Business 3
PSY.204 or PSY.151Social Psychology 3
BOC.102Business Communications 3
Spring Semester
ACC.202Intermediate Accounting 2 4
ACC.205Cost Accounting 3
ACC.206Federal Income Tax 3
ACC.207Payroll Accounting 3
ECO.101, ECO.201, or ECO.202Introduction to Economics 3
 Total Program Hours: 62.0
 

(Students who do not expect to complete their degree within five years should refer to the Graduation Requirements section in this catalog.)

Certificate

First Year
Summer SessionSemester Hours
AOP.101 or BOC.107Keyboarding & Formatting 1 (or Articulated Credit) 3
Fall Semester
ACC.101Principles of Financial Accounting 3
BUS.100Introduction to Business 3
BOC.100 or MAT.131Business Mathematics 3
ENG.101Freshman Composition 1 3
CIS.112Computer Software Applications 3
Spring Semester
ACC.102Principles of Managerial Accounting 3
BOC.101Business Records Management 2
ACC.203 or ACC.208Accounting Software 3
Directed Elective  6
 Total Program Hours: 32.0

Directed Electives

Select two of the following:6
Cost Accounting
Federal Income Tax
Payroll Accounting

(Students who do not expect to complete their degree within five years should refer to the Graduation Requirements section in this catalog.)

Hr/Wk
Lect/
Disc
Hr/Wk
Clin
Lab
Sem
Cr
Hr

Courses

ACC.100 Procedural Accounting33

This is a fundamental course for the occupationally-oriented student that emphasizes how to keep records rather than how to analyze them. The course work will be devoted to developing procedures within the framework of acceptable record-keeping concepts. The student will also develop a vocabulary necessary to understand terminology in the accounting area. Any person who desires a basic understanding of bookkeeping prior to pursuing principles of accounting will find this course very helpful.
Offered: Fall or Summer
Applicable toward graduation at Sandburg where program structure permits:
Degree or Certificate - AAS, AGS, and Certificates where applicable.
General Education -- Not Applicable

ACC.101 Principles of Financial Accounting33

This is the first of a two course sequence designed to prepare students for a major in accounting. This course presents the following topics: concept of double-entry accounting, completing the accounting cycle, preparing financial statements, accounting for cash and charge transactions, accruals and deferrals, depreciation of physical assets, allowing for doubtful accounts, accounting for receivables and payables, inventories, payroll accounting, systems and controls, and concepts and principles.
Offered: Fall or Spring
Prerequisites: A grade of C or better in RDG.096 or a COMPASS reading score of 83 or higher or ACT Reading score of 20; A grade of C or better in MAT.090 or a COMPASS pre-algebra score of 47 or higher (BOC.100 Placement)
Applicable toward graduation at Sandburg where program structure permits:
Degree or Certificate: AA, AS, AAS, AGS, and Certificates where applicable.
General Education -- Not Applicable Elective Only

ACC.102 Principles of Managerial Accounting33

This is the second of two courses in principles of accounting. During this course the basic accounting theory required for corporations, including accounting for merchandise, receivables, other assets, liabilities, and capital, will be covered. In addition, job costing, unit process costing, decision making, and statement analysis are introduced.
Offered: Fall or Spring
Prerequisites: ACC.101
Applicable toward graduation at Sandburg where program structure permits:
Degree or Certificate ; AA, AS, AAS, AGS, and Certificates where applicable.
General Education -- Not Applicable Elective Only

ACC.201 Intermediate Accounting 144

This is a course in intermediate accounting for students preparing for employment upon completion of their studies at Sandburg. Students will examine the balance sheet, income statement, and statement of cash flows in detail. The conceptual framework of accounting, concepts of future and present value, cash and receivables, inventory, and the acquisition and disposition of property, plant, and equipment will be given special emphasis. Various methods of presenting financial statements for external users will be studied.
Offered: Fall
Prerequisites: ACC.102
Applicable toward graduation at Sandburg where program structure permits:
Degree or Certificate: AA, AS, AAS, AGS, and Certificates where applicable.
General Education -- Not Applicable Elective Only

ACC.202 Intermediate Accounting 244

This course is a continuation of Intermediate Accounting 1. Students will examine the balance sheet and income statement in detail with special emphasis on the liability and stockholder's equity accounts. Various methods of presenting financial statements for external users will be studied.
Offered: Spring
Prerequisites: ACC.201
Applicable toward graduation at Sandburg where program structure permits:
Degree or Certificate: AA, AS, AAS, AGS, and Certificates where applicable.
General Education -- Not Applicable Elective Only

ACC.203 Accounting Software223

This course will use a commercial business accounting software package to familiarize the student with the type of accounting software he/she could encounter in the business world. Various business types and organizations will be used to demonstrate the various aspects of the accounting cycle including accounts receivable, accounts payable, payroll, inventory, and financial statements. A manual practice set will also be used to familiarize students with subsidiary ledgers, accounts receivable/payable tasks, payroll, and the flow of information in the accounting cycle. This course is appropriate for accounting students preparing for employment upon completion of their studies at Carl Sandburg College.
Offered: Spring or as Needed
Prerequisites: CIS.112 and ACC.102 or concurrent enrollment
Applicable toward graduation at Sandburg where program structure permits:
Degree or Certificate: AAS, AGS, and Certificates where applicable.
General Education -- Not Applicable

ACC.205 Cost Accounting33

This is a one-semester course in practices and procedures of cost accounting. It presents job order, process cost and standard cost accounting principles. This course is designed for baccalaureate oriented students. It is also appropriate for persons preparing for employment without completing a bachelor's degree.
Offered: Spring
Prerequisites: ACC.102
Applicable toward graduation at Sandburg where program structure permits:
Degree or Certificate: AA, AS, AS, AGS, and Certificates where applicable.
General Education -- Not Applicable Elective Only

ACC.206 Federal Income Tax33

This is a course designed to give students a fundamental background of the individual income tax system. The course presents the following topics: the background of the federal income tax withholding system; basic individual income tax; individual income tax structure; identification of inclusions and exclusions from gross income; itemized deductions; business returns for self-employed individuals; special tax situations for individuals; and changes affecting current year's tax laws.
Offered: Spring
Applicable toward graduation at Sandburg where program structure permits:
Degree or Certificate: AAS, AGS, and Certificates where applicable.
General Education -- Not Applicable

ACC.207 Payroll Accounting223

This course will focus on payroll accounting and the role that the payroll accountant plays in an organization's management planning process. The need for timely and accurate payroll data will be a major focus of this course. Payroll accounting software and microcomputer spreadsheet applications will be an integral part of this course. The need for payroll and personnel records, computing and paying wages and salaries, payroll taxes, and analyzing and journalizing payroll transactions will be covered.
Offered: Spring or as Needed
Prerequisites: ACC.100 or ACC.101, BOC.100 or MAT.099, CIS.112
Applicable toward graduation at Sandburg where program structure permits:
Degree or Certificate: AAS, AGS, and Certificates where applicable.
General Education -- Not Applicable

ACC.208 Spreadsheet Applications for Business223

This course will focus on developing more advanced skills in microcomputer spreadsheet applications as they relate to accounting and other business applications. Basic knowledge of spreadsheets will be assumed. Topics that may be explored include working with formulas and functions, charts and graphs, working with multiple worksheets and workbooks, integration with other software applications, data tables and scenario management, and other accounting/business applications.
Offered: Fall or as Needed
Prerequisites: ACC.102 or concurrent enrollment and CIS.112
Applicable toward graduation at Sandburg where program structure permits:
Degree or Certificate: AAS, AGS, and Certificates where applicable.
General Education -- Not Applicable

Johnson, Jill L
assistant professor, psychology
associate dean of social & business sciences

Williams, Keith W
instructor, economics/business administration
cordinator, business programs