Courses

ACCT 272
Accounting Co Op
Students who have substantially completed the requirements for the two-year associate degree in accounting are provided with an opportunity to earn credit by working in an approved accounting job situation. Co-op education means working for pay under the guidelines of the co-op education program at Bay College. Some internships (non-pay) positions may occasionally be available. Prerequisites: ACCT-210, 2.75 GPA in Accounting, and approval of division chairperson.
Credit Hrs: 3.00  Contact Hrs: 3.00

ACCT 100
Practical Accounting
A course for non-accounting majors to familiarize students with small business accounting or for students desiring a practical knowledge of principles before ACCT-101. The course covers the complete accounting cycle of both mercantile and personal services enterprises. It is designed to provide a better understanding of business procedures and the accounting phase of business. This course is used as a requirement or elective depending on degree requirements.
Credit Hrs: 4.00  Contact Hrs: 4.00

ACCT 101
Accounting Principles I
This course introduces concepts and techniques basic to the solution of record keeping problems of a business enterprise. It deals with the methods of recording, reporting, and interpreting the financial data of the business unit. Topics include adjusting entries, closing entries, cash control, receivables, inventory, fixed assets and current liabilities. Prerequisite: R, M.
Credit Hrs: 4.00  Contact Hrs: 4.00

ACCT 102
Accounting Principles II
This course covers accounting for corporations, investments and cash flows. In addition, the students are introduced to managerial accounting concepts. Topics include standard costs, job and process costing, budgeting and financial statement analysis. Prerequisite: “C” or better in ACCT-101.
Credit Hrs: 4.00  Contact Hrs: 4.00

ACCT 105
Accounting with Computers
A course designed to teach students how to perform the accounting cycle QuickBooksPro software. This course covers the complete accounting cycle and includes computerization of accounts receivable, accounts payable, and payroll. Prerequisite: ACCT-100 or ACCT-101.
Credit Hrs: 3.00  Contact Hrs: 3.00

ACCT 110
Payroll Accounting
Payroll Accounting provides an in-depth study of payroll procedures. Included are a discussion of employees and independent contractors, how to calculate gross wages for hourly and salaried employees, mandatory and voluntary withholdings, employer taxes, record payroll, and state and federal record keeping requirements. Current tax rates and current tax forms will be used. Completion of a payroll practice set is required. Prerequisite: ACCT-100 or ACCT-101.
Credit Hrs: 3.00  Contact Hrs: 3.00

ACCT 210
Intermediate Accounting I
This course covers the accounting process and basic concepts and principles, the definition and measurement of assets, measuring revenue expense and period-end adjustments in determining net income. Course objectives: to provide students with the knowledge of the intricate treatment of assets in an accounting system, to enable students to analyze accounting statements, and to provide students with the capability of dealing with the detailed and varied accounting procedures that pertain to assets and their adjustments. Prerequisite: ACCT-102 with a “C” or better.
Credit Hrs: 4.00  Contact Hrs: 4.00

ACCT 211
Intermediate Accounting II
This course covers the definition and measurement of liabilities and capital, financial statement analysis, treatment of accounting errors. Course objectives: to provide students with the knowledge of the intricate treatment of liabilities and capital accounts in the accounting system, to provide students with the capability of dealing with the detailed and varied accounting procedures as they pertain to liabilities and capital accounts. Prerequisite: ACCT-102 with a “C” or better.
Credit Hrs: 4.00  Contact Hrs: 4.00

ACCT 215
Cost Accounting I
This course covers the objectives, systems, and techniques of cost accounting, the process, job order, and standard cost system, managerial use of cost information for profit planning, control, and decision-making. Course objectives: to familiarize the student with cost accounting objectives and systems, to provide the student with the capability of working with process costs, job order costs, and standard cost processes, to develop a knowledge of how to budget and plan utilizing cost accounting data. Prerequisite: ACCT-102.
Credit Hrs: 4.00  Contact Hrs: 4.00

ACCT 216
Taxation I
A course covering an overview of federal and state personal income tax. An introduction to corporate and business taxes, including sales and use taxes, as well as payroll tax forms and regulations.
Credit Hrs: 4.00  Contact Hrs: 4.00