Academics

BUSINESS ADMINISTRATION ACCOUNTING COURSE DESCRIPTIONS
ASB 2-year Degree Program
Program Description & Job Opportunities
Course Listings
Course Descriptions

AC101 ACCOUNTING I (3.0 credits/60 clock hours)
The purpose of this course is to acquaint the student with the relationships between accounting and business and to define basic accounting terminology. Accounting is introduced as the financial language of a business and the need for following accepted accounting principles so that a business’ financial position can be appropriately evaluated. The course introduces the student to the double-entry system, journals, ledgers, trial balances, worksheets, preparation of the income statement, statement of owner’s equity, and balance sheet, adjusting, closing, and reversing entries, accounting for merchandising operations, classified financial statement formats, and ratio analysis. The sole proprietorship business entity is used throughout this course as it pertains to service-oriented and merchandising operations. Prerequisite: None.

AC102 ACCOUNTING II (3.0 credits/60 clock hours)
Accounting II further expands on the principles and procedures introduced in Accounting I. The course begins with an overview of manual and computerized accounting systems, emphasizing integrated systems using special purpose journals. This course continues with the topics of internal controls, banking transactions, and detailed studies of the accounting for short-term investments, receivables, merchandise inventory, notes payable, and long-term assets. A simulation of accounting for a merchandising enterprise is also used for reinforcement purposes. Prerequisites: Accounting I (minimum grade of C-). In addition, if Mathematics or Business Math II have not been completed, they should be taken concurrently.

AC103 ACCOUNTING III (3.0 credits/60 clock hours)
Accounting III is a continuation of an in-depth study of financial accounting concentrating on partnership and corporate entities. The course includes the recording and reporting of partner investments, withdrawals and liquidation, corporate contributed capital, retained earnings, and long-term liabilities. In addition, the preparation of the statement of cash flow, the corporate income statement, and analysis of financial statements will be discussed. Prerequisite: Accounting II (minimum grade of C-).

CP216 ADVANCED SPREADSHEET APPLICATIONS (1.5 credits/30 clock hours)
The student will be taught advanced techniques in spreadsheets, building on the skills learned in Spreadsheets. A class project will serve as the lecture base and individual projects will provide student interaction with spreadsheet applications. Prerequisite: Spreadsheets.

GE123 ALGEBRA (3.0 credits/60 clock hours)
Algebra is designed to cover basic mathematical and algebraic concepts with an emphasis on logical thinking skills. The topics that will be covered are review of decimals and fractions, basic definitions, operations with signed numbers, order of operations, simplifying algebraic expressions, evaluating algebraic expressions, manipulating and solving equations, exponents, different base systems, operations with polynominals, ratios and proportions, percentages, and word problems. This course forms the foundation for future courses in algebra, computer programming, electronics, accounting, statistics and software applications courses. Prerequisite: None.

AC601 BUSINESS ADMINISTRATION – ACCOUNTING INTERNSHIP (8.0 credits/336 clock hours)
Students spend 336 hours during the final term in a practical, on-the-job work-experience program directly involved in manual or automated accounting operations under the supervision of a professional to fulfill the requirements of the internship. Experience will provide the student with an opportunity to enhance his/her education and personal skills as well as opportunity to observe the interaction of accounting personnel within an employment environment. Prerequisite: As per internship policy.

LE115 BUSINESS LAW (2.0 credits/36 clock hours)
Provides the student with a basic understanding of the principles of law and its application to business. The student is introduced to the definition of law, why and how government regulates business, and the aspects of contracts and their relationship of law. Review of legal principles in the areas of business, contracts, and individual rights in business are discussed. Discussion will revolve around how business and law work and how law benefits the business organization and the consumer. Prerequisite: None.

CD211 CAREER PREPARATION (2.0 credits/30 clock hours)
This course supplements the on-the-job training of the internship. Individuals from the business community present material that enhances class work and the internship experience. The purpose is to help students become more professional, more self-confident, and, ultimately, more successful. Among areas covered are professional image building, ethics, sexual harassment, financial management, and health management for men and women. Sessions are held for two hours one day a week to allow time for the presentations. Prerequisite: As per the internship policy.

AC128 COMPUTERIZED ACCOUNTING (3.0 credits/60 clock hours)
The course introduces students to various types of computerized accounting software, examines the software selection process, and overviews the implementation of new systems. While several types of accounting software products will be introduced, one micro-computer based accounting software product will be utilized to complete an entire accounting cycle involving the accounts receivable, accounts payable, materials management, and general ledger modules. Prerequisite: Accounting II.

CP114 COMPUTER FUNDAMENTALS (3.0 credits/60 clock hours)
This course in operating systems is designed to introduce students to the terminology and concepts that are required for computer literacy and for future computer related courses. Topics to be covered include hardware, software, DOS, Microsoft Windows, and a brief history of computers. Prerequisite: None.

AC202 COST/MANAGERIAL ACCOUNTING (3.0 credits/60 clock hours)
This course introduces the student to cost accounting principles as they apply to the two main cost systems; namely, job order and order process costing. In addition, the use of standard costing under both systems is discussed. Managerial decision making issues such as break even analysis, target profit, target sales, fixed and variable costs and other planning and budgeting topics are presented. Required journal entries based on cost allocations and the resulting financial statement preparation for a manufacturing operation are also introduced. Prerequisites: Accounting II and Mathematics.

CP105 DATABASE (3.0 credits/60 clock hours)
This course will cover beginning and intermediate database topics. The student will learn what a database is and how it is used in business. The student will also learn how to design and build a database, tables, reports, queries and forms. General database topics such as normalization will be covered as well as features specific to Microsoft Access. Prerequisite: Computer Fundamentals or Introduction to Computing(Accelerated).

GE101 ECONOMICS (3.0 credits/60 clock hours)
This course is designed to introduce the student to the basic fundamentals of economics and how such knowledge can help us in understanding day to day life. We will discuss the principles of supply and demand and how these principles affect price and production in a free economy as well as in other economies. We will then discuss monetary policy and fiscal policy and their effectiveness in stabilizing our economy. We will end with a discussion of the varying degrees of competition and the subsequent effects on our economy. Prerequisite: None.

EN101 ENGLISH I (3.0 credits/60 clock hours)
Students will learn the current practices of effective oral and written communication skills necessary for success in business and industry. Prerequisite: None.

GE127 ENGLISH II (3.0 credits/60 clock hours)
Students will continue studying and practicing the four bases of writing (unity, support, coherence, correctness). Students will write paragraphs, essays, summaries of short articles, continue to write in their journals, and a write a research paper. Prerequisite: English I.

GE135 ENGLISH III (3.0 credits/60 clock hours)
In order to prepare them to be successful writers of business correspondence, students will, via individual and group practice, apply the skills learned two writing effective business messages. Students are required to develop and implement a plan of action for composing memos and letters for typical business situations. Additionally, students will prepare a resume, letter of application, and a thank-you letter. Prerequisites: English I and II.

AC111 FUNDAMENTALS OF INCOME TAXES (3.0 credits/60 clock hours)
This course introduces the student to the current Federal and State income tax laws as they relate to the individual taxpayer. Preparation of individual tax returns and supporting schedules will be emphasized. In addition, an overview of the laws for partnerships and corporations will be presented. Prerequisites: Accounting I and II.

GE109 HUMAN RELATIONS (2.0 credits/36 clock hours)
This course is designed to be an in-depth study and the building of specific skills in the area of one-to-one communication. Emphasis is placed on group dynamics, conflict resolution, dealing with diversity, and social responsibility. Prerequisite: None.

AC201 INTERMEDIATE ACCOUNTING I (3.0 credits/60 clock hours)
Intermediate Accounting I is an in-depth study of financial accounting, concentrating on the accounting profession as a whole, as well as the conceptual framework of accounting. A more detailed study is made of the income statement, balance sheet, and cash flow statement along with current assets including cash, receivables, and inventory. Prerequisites: Accounting III with a minimum grade of C-.

AC204 INTERMEDIATE ACCOUNTING II (3.0 credits/60 clock hours)
Intermediate Accounting II is a continuation of an in-depth study of financial accounting, concentrating on accounting for non-current assets, debt financing, stockholder’s equity, and financial statement analysis. Prerequisites: Intermediate Accounting I with a minimum grade of C-.

MG202 INTRODUCTION TO BUSINESS (3.0 credits/60 clock hours)
This course is designed to prepare the student to interact with the business world in a knowledgeable manner whether he/she owns the business, works for the business, or just deals with the business as a customer. The course will cover areas including forms of business ownership; the process of management and empowerment; the global dimensions of business; working in teams; promotional strategy; and labor/management relations. Prerequisite: None.

CD204 JOB SEARCH SKILLS (1.0 credit/24 clock hours)
This course instructs students in job seeking skills. Topics such as informational interviewing resume development, application completion and job interviewing will be covered. Students will identify work and personal skills, role-play mock interviews using the video camera, and start to develop a list of prospective employers for which they would like to work. Prerequisite: None.

KE101 KEYBOARDING I & LAB (3.0 credits/60 clock hours)
This course is designed to teach the student correct keyboarding techniques and to help the student operate the letters, numbers, and symbols keys. Introduction to letters, memorandums, centering, tabulation, simple reports, word division, and business forms are stressed. This class will also provide time for students to increase their speed and accuracy through drill work and timed writings. Prerequisite: None.

MG103 MANAGEMENT I (3.0 credits/60 clock hours)
The purpose of this course is to acquaint the students with the basics of management, including basic management terminology. Concepts of management are explored from a historical and practical perspective. The four functions of management - planning, organizing, leading, and controlling - are defined. Managerial planning is examined and qualitative and quantitative planning techniques are introduced. Organizational design and structure is analyzed to determine its impact on goal attainment. Prerequisite: None.

AC109 PAYROLL ACCOUNTING (2.0 credits/48 clock hours)
Payroll accounting introduces the student to the history of employment laws in the United States, the requirements for maintaining employees’ payroll records, the computations necessary to determine proper wages and appropriate tax withholdings, the procedures for remitting the taxes, and the employer’s responsibilities for reporting payroll information to the various governmental agencies. Current Federal and Pennsylvania requirements will be discussed. In addition, the student will be exposed to an overview of the process necessary to record payroll transactions in a manual and computerized payroll system. Prerequisites: Accounting I or Accounting for Small Business I, and Business Math I or Mathematics.

PD119 PERSONAL DEVELOPMENT (1.0 credit/24 clock hours)
This course is designed to explore the fundamental building blocks to a student's success in school and ultimate success in the workplace. The focus is on building success through goal setting, motivation, personal responsibility, self-discovery, and change. Prerequisite: None.

CD212 PROFESSIONAL DEVELOPMENT (2.0 credits/30 clock hours)
This course is taken concurrently with the internship. The faculty advisor and the student discuss the student’s progress at the internship site in a group setting and, for specific problems and successes, individually. Weekly reports are submitted and the experiences of the week are reviewed. In addition, classroom instruction may be given to address areas where the interns, faculty, or site supervisors feel additional work is needed. Field trips to explore different business environments and/or to expand knowledge about the area of study may be taken. Prerequisite: Taken concurrently with the internship.

GE224 SPEECH (1.0 credit/24 clock hours)
This introductory course offers fundamentals in communication with emphasis on improving speaking and listening skills. This course will familiarize students with formal speech preparation, presentation skills, and nonverbal communication. Prerequisite: None.

CP104 SPREADSHEETS (3.0 credits/60 clock hours)
This course uses a problem-solving approach to teach spreadsheet functions. The student will be introduced to beginning and intermediate level spreadsheet functions that will be used for creating, manipulating and enhancing a worksheet, for creating graphics based on the worksheet, enhancing a worksheet, integrating worksheets, and graphics. Prerequisite: Computer Fundamentals or Introduction to Computing(Accelerated).

CP233 WEB SITE DESIGN (3.0 credits/60 clock hours)
This course introduces Web site design using Adobe Dreamweaver and Web graphics editing. Students will learn the basic techniques of creating Web sites using Dreamweaver as well as using HTML programming code. Various methods of site design will be covered. The course will then cover intermediate and advanced Web design features, enabling students to create more dynamic, interactive and commercially viable Web pages. Students will also learn to create and edit graphs, images and animation for the Web using Fireworks. Prerequisite: Computer Fundamentals or Introduction to Computing (Accelerated).

WP202 WORD PROCESSING (3.0 credits/60 clock hours)
This course is designed to provide students with the basic understanding of word processing keyboarding applications, concepts, and terminology. The purpose of the course is to develop an ability to use the current version of Microsoft Word for both professional use (simple business correspondence) and for personal use (report writing). Prerequisite: Keyboarding I & Lab or exemption.