Personal and Small Business Taxes

Students learn the kinds of taxes that an individual or small business must report to federal and state governments. Income taxes are the primary focus and students learn to apply the method and principles of tax preparation using a computerized tax preparation software package. Prerequisite: None / 3 credits. Offered: Fall, Spring


Accounting I w/Computer Application

Introduction to the accounting cycle: recording transactions, posting to ledgers, preparing work sheets and financial statements. Includes: special journals, inventory valuation, receivables, payables and interest on notes. A hands-on introduction to computerized accounting solving selected problems using general ledger software including QuickBooks. This is the first course of a two-course series (ACC111 and ACC112) intended for A.S. Business Administration concentrations covering the topics of Financial Accounting. Prerequisite: (MAT020 or MAT025) and ENL108 or satisfactory basic skills assessment scores / 3 credits. Offered: Fall, Spring


Accounting II w/ComputerApplication

This course continues ACC111 covering liabilities, long-term assets and sources of equity in partnerships, corporations, and proprietorships. Analysis of accounting information is also covered. Computerized accounting including QuickBooks and Peachtree are used for selected problems as well as the completion of a computerized practice set. This is the second course of a two-course series (ACC111 and ACC112) intended for A.S. Business Administration concentrations covering the topics of Financial Accounting. Prerequisite: (ACC111 or ACC101) and (MAT030 or MAT035) or satisfactory basic skills assessment score / 3 credits. Offered: Fall, Spring


Payroll Accounting

Payroll Accounting provides an understanding of the laws that affect a company's payroll structure and practical application skills in maintaining payroll records. Topics covered include: payroll tax laws, payroll tax forms, payroll and personnel records, computing wages and salaries, taxes affecting employees and employers, analyzing and journalizing payroll transactions and completing various federal and state forms. Students prepare business payroll in both a manual and computer format. Prerequisite: ACC111 or ACC201 / 3 credits. Semester Offered: Varies


Financial Accounting

Principles of Financial Accounting is the study of the generation and interpretation of accounting information as a basis for financial statement analysis and management decision-making. Topics include: the accounting cycle, recording transactions, adjusting and closing accounts, preparing financial statements, inventory valuation, depreciation methods, acquisition and disposal of assets, receivables, liabilities, investments, and interpreting financial statements of proprietorships, partnerships and corporations. This is a transfer-level course in Financial Accounting intended for the transfer student. Prerequisites: BUS100 or HRM140 and GIT110 and ACC111 / 3 credits. Offered: Fall, Spring, Summer


Managerial Accounting

Students learn managerial accounting concepts applied to a variety of businesses with emphasis on job order costing, process costing, cost allocation and cost-volume profit analysis. The budgeting process is examined using master budgets and planning, flexible budgets with standard costs and variances, capital budgets and managerial decisions. Prerequisite: ACC201 or ACC111 and ACC112 / 3 credits. Offered: Fall, Spring, Summer


Accounting Coop Work Experience II

Further work in an accounting office in a public accounting, business, government or non-profit organization for no less than 300 hours to receive practical training in the field of accounting. Joint evaluation of student's work by employer and accounting co-op coordinator.


The VITA Practicum

This Volunteer Income Tax Assistance (VITA) practicum provides an opportunity for students to perform a community service in cooperation with the Internal Revenue Service and the Massachusetts Department of Revenue. The course trains students to assist taxpayers in filling out tax returns. Students also staff centers on Cape Cod, helping local residents complete their tax returns. Prerequisite: ACC101 or ACC111 or ACC201. Co-requisite: ACC110 (may be taken concurrently) / 3 credits. Offered: Spring


Independent Study--Accounting

A voluntary effort by both student and faculty member defined as a.) a strict independent study within the discipline, not a regular academic course; or b.) additional credit for an independent study project within the regular academic course; or c.) an interdisciplinary project not associated with the established course.