2024-2025 College Catalog

Accounting and Finance A.A.S. Degree [A25800]

Program Information

The Accounting and Finance curriculum is designed to provide students with the knowledge and the skills necessary for employment and growth in the accounting and finance profession. Accountants and finance professionals assemble and analyze, process, and communicate essential information about financial operations.

Course work may include accounting, finance, ethics, business law, computer applications, financial planning, insurance, marketing, real estate, selling, and taxation. Related skills are developed through the study of communications, computer applications, financial analysis, critical thinking skills, and ethics.

Graduates should qualify for entry-level accounting and finance positions in many types of organizations including accounting firms, small businesses, manufacturing firms, banks, hospitals, school systems, and governmental agencies.

 

Semester-by-Semester Plan

Applies to day offerings. Due to time restraints, evening students should expect to have fewer offerings each semester.

First Year

Fall Semester

ACC 120Principles of Financial Accounting

4

BUS 110Introduction to Business

3

CIS 110Introduction to Computers

3

 

COM 110Introduction to Communication

3

Or

COM 120Intro to Interpersonal Communication

3

Or

COM 231Public Speaking

3

 

ENG 111Writing and Inquiry

3

Total Credit Hours:16

Spring Semester

ACC 121Principles of Managerial Accounting

4

ACC 149Introduction to Accounting Spreadsheets

2

ACC 150Accounting Software Applications

2

BUS 125Personal Finance

3

 

MAT 110Mathematical Measurement and Literacy

3

Or

MAT 143Quantitative Literacy

3

Or

MAT 171Precalculus Algebra

4

Total Credit Hours:14-15

Summer Semester

Humanities/Fine Arts

3

Total Credit Hours:3

Second Year

Fall Semester

ACC 129Individual Income Taxes

3

ACC 140Payroll Accounting

2

ACC 220Intermediate Accounting I

4

BUS 115Business Law I

3

ECO 251Principles of Microeconomics

3

Total Credit Hours:15

Spring Semester

ACC 130Business Income Taxes

3

ACC 180Practices in Bookkeeping

3

ACC 221Intermediate Accounting II

4

ECO 252Principles of Macroeconomics

3

Major Elective

3

Total Credit Hours:16

Total Credit Hours: 64-65

Program Learning Outcomes

Upon completion, students will:

  • Demonstrate the ability to analyze transactions and produce standard financial statements in compliance with Generally Accepted Accounting Principles.

  • Demonstrate understanding of basic income tax laws and regulations governing income tax reporting for both individuals and businesses.

  • Demonstrate understanding of the basic processing requirements of a payroll system, including payroll tax calculations, all necessary payroll-related journal entries, as well as compliance reporting.

Technical Requirements

All Students in this program are expected to meet certain essential functions/technical standards which are essential for successful completion of all phases of the program and which reflect industry requirements and standards. To verify the students’ ability to perform these essential functions, students may be required to demonstrate the following technical standards:

 

Standard

Definition of Standard

Example(s) of Technical Standard

CRITICAL THINKING SKILLS

  • Utilize critical thinking skills to analyze and interpret business transactions
  • Prepare budgets and forecasts for use by management.
  • Provide administrative and clerical support to management.
  • Research tax or financial information based on client’s situation/needs.
  • Based on research, decide on best plan of action for given situation.
  • Use judgment to decide when a decision is unethical versus illegal and respond appropriately.

MOTOR SKILLS

  • Sufficient motor function to execute movements required for data entry and analysis, preparation of reports, and effective usage of technology
  • Ability to perform office functions such as sitting for prolonged periods, navigating work stations and office setting
  • Effectively participate in classroom and out-of-classroom assignments and activities.
  • Effectively utilize appropriate/relevant hardware and software programs, such as computer applications and a keyboard/mouse.
  • Copying, filing client records, etc.
  • Readying mailings.
  • Lifting items in an office environment.

TECHNOLOGY SKILLS

  • Ability to effectively utilize and manipulate a variety of technology assets, i.e. MS Office Suite (Word, Excel, PowerPoint, etc.) as well as proprietary employer systems
  • Ability to use the world-wide web effectively as a tool to aid with classroom and work-related tasks
  • Demonstrate proficiency in working with and manipulating various proprietary and non-proprietary systems and programs.
  • Demonstrate proficiency in utilizing the world-wide web for assistance in researching information, posting, etc.

 

HEARING SKILLS

Hearing is sufficient to participate in meetings, interact with employees, and effectively receive directions

Hearing should be sufficient for directions given and communications received to be clearly understood.

VISION SKILLS

Vision should be sufficient to perform accounting data analysis, data entry, preparation of reports, and usage of appropriate technology

Demonstrate the ability to read and interpret financial documents and reports.

COMMUNICATION SKILLS

  • Effectively communicate in a business environment
  • Ability to communicate effectively in writing
  • Comprehension and understanding of spoken and written language
  • Provide clear and relevant information to an auditory or written audience.
  • Where necessary, conduct research utilizing a variety of electronic methods.
  • Effectively communicate through correct use of grammar, punctuation, etc.
  • Produce email, business letters, financial reporting and other business correspondence.

INTERPERSONAL SKILLS

  • Ability to effectively manage time
  • Ability to communicate in a clear, comprehensive and understandable manner
  • Possess the ability to be punctual in both a classroom and work setting.
  • Possess the ability to effectively communicate verbal and written instructions to and receive directions from supervisors, peers, and subordinates.

BEHAVIORAL SKILLS

  • Maintain hygiene and dress requirements for an office setting
  • Ability to adapt to changing environments and work-related challenges
  • Daily dress and hygiene for business and professionalism.
  • Adapt to procedural changes in the work environment due to changes in the processes and/or technology. 
ENVIRONMENTAL TOLERANCE SKILLS
  • Ability to tolerate reasonable levels of light, sound, and temperature
  • Ability to tolerate a typical business, office-setting environment