Accounting (ACC)

Classes

ACC 124 : Principles of Accounting I

This course introduces basic accounting principles and practices for service and/or merchandising types of businesses. Areas include accounting as an information system, the accounting cycle, financial statements, internal control, current and/or long-term assets, current liabilities, and payroll. Special emphasis will be placed upon the practical application of accounting principles.

credits

3

Class Hours

3 lecture

Semester Offered

Fall, Spring

ACC 125 : Principles of Accounting II

This course continues the study of financial accounting procedures. Areas include: long-term assets, long-term liabilities, accounting for corporations and/or partnerships. The statement of cash flows and financial statement analysis may be covered.

credits

3

Class Hours

3 lecture

Prerequisites

“C” or higher in ACC 124.

Semester Offered

Fall, Spring

ACC 126 : Principles of Accounting III

This course introduces basic accounting principles and practices for manufacturing businesses and introduces basic principles and practices of managerial accounting. Areas include financial statement analysis, cost accounting, budgeting, standard cost systems, break-even analysis, responsibility accounting, and capital budgeting.

credits

3

Class Hours

3 lecture

Prerequisites

“C” or higher in ACC 125.

Semester Offered

Fall

ACC 132 : Payroll and Hawai‘i General Excise Tax

This course introduces principles, manual and computerized procedures, and terminology for business applications of payroll accounting. Areas include preparation of federal and Hawai‘i state forms for payroll taxes and the Hawai‘i General Excise and Use Tax.

credits

3

Class Hours

3 lecture

Prerequisites

"C" or higher or concurrent enrollment in ACC 124 or ACC 201.

Semester Offered

Spring

ACC 134 : Individual Income Tax Preparation

This course introduces the preparation of federal and state of Hawai‘i individual income tax returns with an emphasis on tax law and regulations and their application to the tax returns. This course is intended for an individual preparing basic tax returns under the supervision of an accounting professional.

credits

3

Class Hours

3 lecture

Prerequisites

“C” or higher or concurrent enrollment in either ACC 124 or ACC 201.

Semester Offered

Fall

ACC 137 : Business Income Tax Preparation

This course introduces Federal and Hawai‘i tax laws and regulations and basic return preparation for business entities. This course is intended for an individual preparing basic tax returns under the supervision of an accounting professional.

credits

3

Class Hours

3 lecture

Prerequisites

“C” or higher in ACC 134.

Semester Offered

Spring

ACC 193V : Cooperative Education

Cooperative Education provides practical career-related work experience through a program used nationally in colleges and universities to apply classroom knowledge and to develop job competencies. Full-time or part-time work (with or without compensation) in private and public sectors is utilized for this program. The number of credits earned depends upon the number of hours spent at the job station during the semester.

credits

1 - 3

Class Hours

1 hour per week with coordinator and 75 hours work experience for each credit.

Prerequisites

Approval of instructor.

Semester Offered

Spring, Summer

ACC 201 : Introduction to Financial Accounting

This course is an introduction to accounting principles and practices used to record and communicate financial information and to analyze methods for valuating assets, liabilities, and equity of an organization.

credits

3

Class Hours

3 lecture

Prerequisites

Qualified for ENG 100.

Semester Offered

Fall

ACC 202 : Introduction to Managerial Accounting

This course is an introduction to managerial accounting methods for evaluating performance including cost accounting, budgeting, break-even analysis, ratio analysis, standard cost systems, and reporting for internal decision making. Also included are principles and procedures relating to cash flow analysis and corporations.

credits

3

Class Hours

3 lecture

Prerequisites

"C" or higher in ACC 201 or "C" or higher in both ACC 124 and ACC 125.

Semester Offered

Spring

ACC 252 : Using Quickbooks in Accounting

This course provides a "hands-on" approach to computerized accounting using QuickBooks. Students will apply previously acquired accounting skills and knowledge in a computerized environment to set up and maintain accounting records. An emphasis will be placed on the application of QuickBooks to the accounting cycle.

credits

3

Class Hours

3 lecture

Prerequisites

"C" or higher in either ACC 124 or ACC 201 or approval of instructor.

Semester Offered

Spring

ACC 255 : Using Excel in Accounting

This course provides hands-on training in the use of spreadsheets on computers to solve accounting problems. It applies previously acquired accounting skills and knowledge and emphasizes financial and managerial accounting. Additionally, students will develop the ability to use a numeric keypad to perform business computations.

credits

3

Class Hours

3 lecture

Prerequisites

"C" or higher or concurrent enrollment in ACC 124 or ACC 201; or approval of instructor.

Semester Offered

Fall, Spring