Siena Heights University
COURSE DESCRIPTIONS
ACCOUNTING
ACC 203 PRINCIPLES OF ACCOUNTING I 4 This course introduces students to the concepts and terminology of accounting and covers the complete accounting cycle . Emphasis is placed on analysis and interpretation of accounting information for decision making . Elements of the basic financial statements are evaluated through the measurement , recording and reporting process . Prerequisite : Liberal Arts Math recommended Course is offered : FA and WI Every Year
ACC 225 ACCOUNTING CAREERS 3 This course will include an overview of the diverse accounting career opportunities , certification , credentials and academic preparation . The students will research their areas of interest and develop a career plan that matches their strengths and career goals . The course will also review cultural norms and expectations in the professional accounting environment . Prerequisite : Recommended for Sophomore / Junior Accounting Majors Course is offered : FA 2017
ACC 232 INTRODUCTION TO QUICKBOOKS SOFTWARE 2 This course introduces Quickbooks commercial software in a hands on environment . Topics include : general ledger , receivables , payables , inventory , payroll , and importing and exporting accounting applications . In addition , this course covers the complete accounting cycle including journalizing transactions , posting and balancing adjusting entries and preparation of simple financial statements . Prerequisite : ACC 203 Recommended Course is offered : WI Every Year
ACC 240 PRINCIPLES OF ACCOUNTING II 4 This course emphasizes the procedures , methods and uses of managerial accounting information in business decision making . Content includes basic functions of management : planning , organizing , directing , controlling , decision making and performance evaluation . This course takes a systems approach to evaluating cost terminology , cost flows , standard costing , responsibility accounting , budgeting , relevant costing , activity based management , forecasting , variance analysis , cost-volume-profit analysis , legal requirements and ethics . Prerequisite : ACC 203 Course is offered : FA and WI Every Year
ACC 341 INTERMEDIATE ACCOUNTING I 3 This course focuses on accounting theory and practice with specific emphasis on the role of accounting as an information system and accounting for economic resources . Study includes key pronouncements of the Financial Accounting Standards Board ( FASB ), International Financial Reporting Standards ( IFRS ). Topics covered in the course include an overview of the basic financial statements ( Balance Sheet , Income Statement , Statement of Changes in Shareholders ’ Equity and Statement of Cashflows ), time value of money and measurement of current and non-current assets . Prerequisite : ACC 203 and 240 Course is offered : FA Every Year
ACC 342 INTERMEDIATE ACCOUNTING II 3 This course focuses on accounting theory and practice with specific emphasis on the role of accounting as an information system and accounting for financial instruments . Study includes key pronouncements of the Financial Accounting Standards Board ( FASB ). Topics covered in the course include measurement of current and longterm liabilities ; accounting for investments , income taxes , leases and pensions ; and shareholders ’ equity reporting . Prerequisite : ACC 341 Course is offered : WI Every Year
Undergraduate and Graduate Catalog 2016-2018 180