Accounting

One of the fastest growing career opportunities today.

 

Accounting - Diploma

1) 1000 level (minimum) General Education courses required unless specified

Accounting - 60 credit Diploma
Gainful Employment Information

Estimated Costs for this Major

Tuition/Fees:$11,373
Tools:N/A
Books/Supplies:$1,600
Total:$12,973
GENERAL EDUCATION REQUIREMENTS
English/Communications requirement
Choose one 2 credit (or greater) English or Communications course.
2 cr
COMP2515
Computers: Issues and Applications
This course will develop computer concepts and applications for the general computer user. The focus may include such topics as: historical events and current/future trends, PC (personal computer) concepts, file management and storage, the Internet, digital communications, and computer security, ethics, and privacy. The course will examine the computer's role as a productivity tool in society through an understanding of computing systems and proficiency in popular software applications (word processing, spreadsheet, database management, and presentation graphics), as well as online learning software. Microsoft Office 2013/Office 365 is required software for those taking this course online. (Prerequisite: None) (3 Credits: 3 lecture/0 lab)

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3 cr
 
10 crs
TECHNICAL REQUIREMENTS
Technical electives (see advisor for approved electives)
Choose one or more Technical electives.
3 cr
ACCT1210
Payroll Accounting
This course covers the fundamental principles of accounting for payroll in a business environment. Federal Wage and Hour law provides the framework for payroll record keeping requirements that most employers must follow. The course discusses the various payroll taxes that both employers and employees are subject to, filing requirements, and legal deadlines that must be followed. (Prerequisite: none) (2 Credits: 2 lec/0 lab)

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2 cr
ACCT1212
Computerized Acct Applications I
Hands on approach to the accounting system. Topical areas covered include but are not limited to general ledger, accounts receivable, accounts payable, payroll, inventory, depreciation, financial statement analysis, departmentalized accounting and client write-up. (Prerequisites: ACCT2205 Principles of Accounting) (3 Credits: 2 lecture/1 lab)

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3 cr
ACCT1218
Spreadsheets Concepts and Applications
This course uses a spreadsheet system for business applications. Procedures used include: document creation, storage, retrieval, major editing, printing, merger of documents, segments and variables, and graph creation. (Prerequisite: None) (3 Credits: 3 lecture/0 lab)

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3 cr
ACCT1231
Database Concepts and Applications
This course will utilize database software for various business applications. (Prerequisite: none) (3 Credits: 3 lecture/0 lab)

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3 cr
ACCT2205
Principles of Accounting I
This course covers the fundamental accounting concepts and principles which are used in a business environment. These concepts are consistent with generally accepted accounting principles. The course explores the role of accounting as a primary business information system. (Prerequisite: None) (3 Credits: 3 lecture/0 lab)

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3 cr
ACCT2211
Principles of Accounting II
This course is a continuation of Principles I. Students apply concepts related to inventory, long-term assets, liabilities and owners equity for partnerships and corporations. The course also covers the use and preparation of the statement of cash flows and financial statement analysis. (Prerequisite: ACCT2205 Principles of Accounting I) (3 Credits: 3 lecture/0 lab)

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3 cr
ACCT2213
Computerized Acct Applications II
This course is a continuation of "hands-on' use and application of electronic data processing and computerized accounting functions in the business environment. (Prerequisite: ACCT2211 Principles of Accounting II AND ACCT1212 Computerized Accounting Applications I) (3 Credits: 2 lecture/1 lab)

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3 cr
ACCT2214
Auditing
This course covers the methods and procedures used in the audit environment to verify the completeness and accuracy of accounting records. Major topics include professional ethics, the attest function, the nature of evidence, internal control procedures, audit sampling techniques, and the impact of electronic data processing. (Prerequisite: ACCT2211 Accounting Principles II) (3 Credits: 3 lecture/0 lab)

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3 cr
ACCT2215
Fund/Non-Profit Accounting
This course is a study of accounting standards and practices used by governmental and other not-for- profit entities. These standards are promulgated by the Governmental Accounting Standards Board in the case of government entities, and by the Financial Accounting Standards Board for non-profit organizations. The use of fund accounting and budgetary considerations are explained along with financial reporting requirements. The four governmental fund types are covered as well as proprietary and fiduciary funds. Transaction analysis is included for all of the various funds used. (Prerequisites: ACCT2205 Accounting Principles I) (3 Credits: 3 lecture/0 lab)

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3 cr
ACCT2217
Income Tax I
This course covers individual income tax law as prescribed in the Internal Revenue Code of 1986. A brief overview of federal tax legislation provides a framework for understanding the law. The components of the tax formula are defined and discussed. The incremental nature of tax rates is explained, and tax rate schedules are used to compute sample cases. Gross income is defined along with exclusions and deductions, as well as various tax credits. Business deductions including depreciation are described and calculated in the last part of the course. (Prerequisite: None) (3 credits: 3 lecture/0 lab)

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3 cr
ACCT2219
Income Tax II
This course continues the study of individual income tax law as prescribed in the Internal Revenue Code of 1986. Employee and self-employed related expenses are discussed as well as investor gains and losses. There is extensive coverage of property transactions and the many different classifications and tax treatments. The last part of the semester is hands on use of income tax software to prepare individual returns. The software is provided by Intuit Pro-Series for educational use in the college labs. Online students use HR Block software that comes with the text. (Prerequisites: ACCT2217 Income Tax I) (3 Credits: 3 lecture/0 lab)

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3 cr
ACCT2220
Cost Accounting I
This course introduces the techniques for planning, controlling, and managing costs, emphasizing on the manufacturing environment. Students work with cost estimation and cost behavior. Students apply job order, process, and activity based costing techniques in addition preparing cost schedules, segmented income statements, and budgets. (Prerequisite: ACCT2211 Principles of Acct II) (3 Credits: 3 lecture/0 lab)

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3 cr
ACCT2222
Cost Accounting II
This course is a survey of cost management techniques; students continue to apply job-order, process, and activity-based costing techniques. Students prepare flexible budgets, statements of cash flow. Provide analysis of variances and interpret ratios. (Prerequisite: ACCT2220 Cost Accounting I) (3 Credits: 3 lecture/0 lab)

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3 cr
ACCT2223
Intermediate Accounting I
This course is an in depth study of financial reporting and statements: objectives, concepts, and analysis. Topics include the demand for and supply of financial accounting information and the conceptual framework for financial reporting. This course also serves as a review of a companys accounting system, the purpose, elements, classification and disclosures associated with the balance sheet, statement of shareholders equity, the income statement and the statement of cash flows. Students will understand business operating activities as it relates to cash, receivables, and inventory cost measurement and flow assumptions. (Prerequisites: ACCT2205 Principles of Accounting I and ACCT2211 Principles of Accounting II) (3 Credits: 3 lecture/0 lab)

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3 cr
ACCT2225
Intermediate Accounting II
This course is a continuation of Intermediate Accounting I. Students apply generally accepted accounting principles to valuation of liabilities and account for contingent obligations, investment activities, and financing activities. This course emphasizes meeting the requirements for full disclosure. (Prerequisites: ACCT 2223 Intermediate Accounting) (3 Credits: 3 lecture/0 lab)

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3 cr
ACCT2228
Advanced Spreadsheets
This course is a study of the use of Microsoft Excel to solve advanced accounting application problems. It is a largely hands on course utilizing pre-programmed Excel problems that have effectively designed templates. In working with these templates and a wide variety of accounting information the course develops sound design principles for all spread sheet work. These principles are then applied in advanced accounting applications and model building problems are developed from blank spread sheets. (Prerequisites: ACCT1218 Spreadsheet Concepts and Applications, AND ACCT2220 Cost Accounting I) (3 Credits: 3 lecture/0 lab)

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3 cr
 
50 crs

Total Credit Requirement - 60



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