| ACCOUNTING |
50 |
ACCOUNTING INTERNSHIP |
1.0 to 3.0 Units |
ACCTG 50 is a discipline-specific course, which allows students to earn from 1-3 units for structured, supervised work on-campus or off-campus in the field of‚ accounting under the supervision of a faculty advisor. It is designed to provide students with hands-on, discipline-linked work experience that will extend their knowledge and understanding of career demands in‚ accounting. Note: This course is Pass/No Pass only. Note: This course may be taken four times; a maximum of 12 units may be earned. Students must arrange an approved internship prior to enrolling in this class. Complete two or more accounting courses within your program before attempting an internship. Laboratory 3-9 hours. Recommended Preparation: ESL 141. Transfer Credit: CSU |
| ACCOUNTING |
101 |
FINANCIAL ACCOUNTING |
5.0 Units |
ACCTG 101 introduces students to accounting and financial concepts and terminology from the perspective of an accounting employee. The course covers financial accounting and topics including the accounting cycle, revenue and expense recognition, internal control, external reporting requirements, cash flow, financial statement analysis, Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and asset, liability, and stockholder's equity valuation. Students will explore and write about ethical issues and open-ended exercises requiring critical judgment. Lecture 5 hours. Recommended Preparation: Concurrent enrollment or completion of CABOT 260 or 270 or equivalent spreadsheet experience. Prerequisite: None Course Typically Offered: Winter/Spring/Summer/Fall. Transfer Credit: CSU, UC, USC. (C-ID ACCT 110) |
| ACCOUNTING |
102 |
MANAGERIAL ACCOUNTING |
5.0 Units |
ACCTG 102 introduces students to advanced accounting concepts. It presents managerial accounting from an information-user, decision-making viewpoint. Students will critically review and evaluate issues regarding managerial accounting for business operations, meeting four-year college transfer expectations, and financial management. We will explore ethical issues and open-ended exercises requiring critical judgment and written responses. Lecture 5 hours. Prerequisite: ACCTG 101 or equivalent. Recommended Preparation: Concurrent enrollment or completion of CABOT 260 or 270, or equivalent spreadsheet experience. Course Typically Offered: Winter/Spring/Summer/Fall. Transfer Credit: CSU, UC, USC. (C-ID ACCT 120) |
| ACCOUNTING |
120 |
COMPUTERIZED ACCOUNTING SYSTEMS |
3.0 Units |
ACCTG 120 provides students with computer skills required for employment in the field of computerized accounting by providing an introduction to accounting application software for bookkeepers, accountants, and business managers. Lecture 3 hours. Recommended Preparation: ACCTG 101 or 110 or equivalent experience in accounting. Course Typically Offered: Fall/Spring. Transfer Credit: CSU |
| ACCOUNTING |
121 |
ADVANCED COMPUTERIZED ACCOUNTING |
3.0 Units |
ACCTG 121 is an advanced course that empowers students to acquire advanced computerized accounting skills through the utilization of widely adopted accounting programs such as QuickBooks. Participants will engage in hands-on activities, working with diverse accounting software to create sophisticated practice sets. It is important to note that this course is graded on a Pass/No Pass basis. Lecture 3 hours. Recommended Preparation: ACCTG 101, ACCTG 110, ACCTG 120, or STV 97, or equivalent. Course Typically Offered: Fall/Winter. Transfer Credit: CSU |
| ACCOUNTING |
130 |
PAYROLL ACCOUNTING |
3.0 Units |
ACCTG 130 provides in-depth and practical instruction in payroll accounts. It offers an opportunity for students to learn essential concepts of payroll and to understand these concepts thoroughly by completing a wide variety of realistic activities. It covers payroll laws, payroll calculations, paying and recording payroll, Federal and State payroll taxes and returns and manual and computerized payroll accounting systems. Lecture 3 hours. Recommended Preparation: ACCTG 101, ACCTG 110 or equivalent. Course Typically Offered: Fall/Spring. Transfer Credit: CSU |
| ACCOUNTING |
150 |
PRINCIPLES OF INCOME TAXATION |
3.0 Units |
ACCTG 150 is a course that focuses on the analysis and preparation of tax returns, itemized deductions, and a technical proficiency in federal and state tax law as it applies to the individual. This course provides the foundation of knowledge required for tax practitioners. Lecture 3 hours. Prerequisite: None. Course Typically Offered: Fall/Spring. Transfer Credit: CSU |
| ACCOUNTING |
160 |
ADVANCED INCOME TAX |
3.0 Units |
ACCTG 160 addresses the tax implications of accounting methods, rental and royalty income, business income and expenses, mechanisms for realizing income such as corporations and partnerships, and tax minimization strategies through tax planning. This course provides valuable insights for tax practitioners, individuals interested in seeking an overview of the various methods of taxation, and those preparing for the Enrolled Agents examination administered by the Internal Revenue Service. Lecture 3 hours. Prerequisite: ACCTG 150 or equivalent. Course Typically Offered: Spring. Transfer Credit: CSU |
| ACCOUNTING |
165 |
TAX PLANNING TAX RESEARCH AND TAX FRAUD |
3.0 Units |
ACCTG 165 is a course covering the principles of tax planning, research and fraud. Topics include general principles of tax planning, self-employed versus employee tax planning, family tax planning, fixed and other assets tax planning, deduction tax planning, retirement planning, tax research procedures, Internal Revenue Code, treasury and judicial interruptions, primary and secondary courses, tax procedures, tax fraud reporting, and tax fraud penalties. Lecture 3 hours. Recommended Preparation: ACCTG 150. Course Typically Offered: Fall/Spring. Transfer Credit: CSU |
| ACCOUNTING |
175 |
ESTATE GIFT AND TRUST TAXATION |
2.0 Units |
ACCTG 175 covers estate, gift, and trust taxation. Topics include computation of gross estate tax, valuation of gross estate, deductions from the gross estate, transfers by gift, basis of property transferred by gift, present and future interests, exclusions from gift taxes, generation-skipping transfer tax (GST), and taxation of trusts. Lecture 2 hours. Recommended preparation: ACCTG 150 or equivalent. |
| ACCOUNTING |
180 |
FINANCIAL ANALYSIS AND COMMUNICATIONS |
2.0 Units |
ACCTG 180 is a course in which students apply tools of the accounting profession to solve problems and complex case studies common in the industry. Topics include using general ledger, database, and spreadsheet programs, advanced financial ratios, extensive budget creation with variance analysis, real-time adjustments, setting up a general ledger package, decision making formulas, creating financial statements, and producing spreadsheets for various accounting decisions. Lecture 2 hours. Recommended Preparation: ACCTG 101 or equivalent; and CABOT 260, CABOT 265, or CABOT 270, or equivalent. Course Typically Offered: Fall/Spring. |
| ACCOUNTING |
185 |
DATA ANALYTICS FOR ACCOUNTING |
3.0 Units |
ACCTG 185 is an introductory course focusing on the concepts of data analytics used in business and provides students with a basic understanding of data analytic thinking and terminology as well as hands-on experience with data analytics tools and techniques. Accountants and managers need to understand the implications for decision-making and utilize the data to provide better insights. While there will be some use of tools in this course (programs such as Excel or SAS), the focus of this class is on concepts and critical thinking. Lecture 2 hours/Laboratory 3 hours. Recommended Preparation: ACCTG 101. Transfer Credit: CSU, UC |
| ACCOUNTING |
201 |
INTERMEDIATE ACCOUNTING I |
5.0 Units |
ACCTG 201 is an advanced course in financial accounting. Topics include preparing income statements, statements of cash flow, time value of money, income measurement, balance sheets, cash and receivables, and inventories. Lecture 5 hours. Prerequisite: ACCTG 101 or equivalent. Course Typically Offered: Fall (Every Other Year). Transfer Credit: CSU, UC |
| ACCOUNTING |
202 |
INTERMEDIATE ACCOUNTING II |
5.0 Units |
ACCTG 202 expands on liabilities and owner's equity concepts covered in ACCTG 201. The course covers short and long-term liabilities, leases, pensions, and payroll. It also delves into corporate income taxes, details the preparation of the Statement of Cash Flows, and discusses accounting changes and errors. The goal is to understand corporations' disclosure and reporting responsibilities for comprehensive financial reporting. Lecture 5 hours. Prerequisite: ACCTG 101 or equivalent. Course Typically Offered: Spring (Every Other Year). Transfer Credit: CSU |
| ACCOUNTING |
210 |
ADVANCED ACCOUNTING |
5.0 Units |
ACCTG 210 is an advanced course in financial accounting. Topics include business combinations, consolidated statements, goodwill, intercompany transactions, cash flow, earnings per share, special issues in investments, subsidiary equity transactions, leverage buyouts, and partnerships, multinational accounting, interim reporting and disclosures, governmental and not-for-profit accounting, debt restructuring, corporate reorganizations, and liquidations. Lecture 5 hours. Prerequisite: ACCTG 201 or equivalent. Course Typically Offered: Spring (Every Other Year). Transfer Credit: CSU |
| ACCOUNTING |
220 |
COST ACCOUNTING |
3.0 Units |
ACCTG 220 is an advanced course in managerial accounting. Topics include job costing, product costing, process costing, joint-process costing, activity based costing systems, support service costs, value chain, quality management, cost-volume-profit models, budgeting, variance analysis, capital investment decisions, and transfer pricing. Lecture 3 hours. Prerequisite: ACCTG 102 or equivalent. Course Typically Offered: Spring (Every Other Year). |
| ACCOUNTING |
225 |
AUDITING |
3.0 Units |
ACCTG 225 is an advanced course that addresses the concepts of audit evidence and materiality. Topics include the audit profession, audit risks, audit analysis, statistical sampling, planning the audit, conducting the audit, and reporting the results of an audit. Lecture 3 hours. Prerequisite: ACCTG 101 or equivalent. Course Typically Offered: Fall/Spring. |
| ACCOUNTING |
230 |
ACCOUNTING INFORMATION SYSTEMS |
3.0 Units |
ACCTG 230 is an advanced course that addresses the concepts of information and database systems used in a business. Topics include accounting information systems, data communications, database systems, information systems and processes, and other areas covered on the uniform Certified Public Accountant (CPA) exam. Lecture/Demonstration 3 hours. Prerequisite: ACCTG 101 or equivalent. Course Typically Offered: Spring. Transfer Credit: CSU |
| ACCOUNTING |
235 |
FRAUD EXAMINATION |
3.0 Units |
ACCTG 235 is an advanced course that addresses the principles and methodology of fraud detection and deterrence. The course includes such topics as skimming, cash larceny, check tampering, register disbursement schemes, billing schemes, payroll and expense reimbursement schemes, non-cash misappropriations, corruption, accounting principles and fraud, fraudulent financial statements, and interviewing witnesses. Lecture 3 hours. Prerequisite: ACCTG 101 or equivalent. Course Typically Offered: Fall. |
| ACCOUNTING |
250 |
ACCOUNTING ETHICS |
3.0 Units |
ACCTG 250 is an advanced course that addresses concepts of ethical reasoning and decision processes. Topics include professional judgment, corporate governance, American Institute of Certified Public Accountants (AICPA) code of conduct, accounting fraud, legal and regulatory obligations, earnings management, quality of financial reporting, and International Financial Reporting Standards (IFRS) ethics. Lecture 3 hours. Prerequisite: ACCT 101. Course Typically Offered: Spring. Transfer Credit: CSU |
