COURSE DESCRIPTIONS
ACCOUNTING
IAC 101 General Accounting
(3 credits)
A study of the fundamental concepts in accounting
and the nature of accounting; the double-entry system; the
significance of the financial budget; analyzing of financial
records and business financial systems such as traveling, hotel
and real estate. This course also focuses on financial analysis
techniques applied to management planning, control and decisionmaking including cost and budgetary procedures.
Students study cost accounting concepts and their
application in the executive’s decision-making and control.
Student will also study the usefulness of financial
statements, financial statement analysis, statements of changes
in financial positions, the effects of price level changes to
fin a n c i a l s t a t e m e n t s , a n d t h e b u d g e t a r y p r o c e d u r e s a n d
BUSINESS COMPUTER
IBC 101 Introduction to Information System
(3 credits)
This course is designed to study the procedures of
financial accounting, the accounting systems that concern
service and merchandising firms, cash control, voucher system
A study of the definition of information system;
applications of technology and computerized systems such
as database management system, decision supporting system
for business planning, decision making, and controlling. The
data communication networks and systems such as internet,
e-commerce, intranet, extranet are also included.
study the manufacturing accounting system which includes a
preparation of the manufacturing costs and the cost allocation
for the various sections of a firm.
COMPUTER SCIENCE
ICS 202 Introduction to Business Computing
IAC 102 Financial Accounting
IAC 203 Managerial Accounting
(3 credits)
(3 credits)
Prerequisite: IAC 102 or Dean’s Approval
The course is offered to understand the financial
statements, the utilization and application of such statements,
and the financial planning in decision-making and control.
(3 credits)
A study of the use of computers in business, with
emphasis on applications of micro-computers in publications,
storage of data, letters, reports, documentation, data files, data
feeding, data presentations, printouts, spreadsheet programs,
report printings, and graftings, all based on software packages.
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