Program Description - Pellissippi State Community College

COURSE DESCRIPTIONS
ACCOUNTING
★ACC 2110 Principles of Accounting I 3 Credits
A study of financial accounting theory and practice. Includes analyzing and preparing financial
statements for sole proprietorships, corporations and merchandising firms. Also includes
accounting for cash, receivables, inventories, property, plant and equipment and current liabilities
and payroll. Emphasis is placed on analyzing, preparing and reporting financial information.
Spring and Fall Corequisite(s): College-level math
★ACC 2120 Principles of Accounting II 3 Credits
A course that includes measuring cash flow, cost accounting systems, budgetary control and
standard costing, cost and revenue relationships for management, management reports and
special analysis, and cash flow and financial statement analysis. Spring and Fall
Prerequisite(s): ACC 2110 and computer literacy course
ACC 2215 Intermediate Accounting I 3 Credits
A study of financial accounting theory and practice, including financial statement presentation
and the accounting cycle, current asset measurement and valuation, fixed asset acquisition,
depreciation, depletion, disposition, and measurement and valuation of intangible assets.
Fall Prerequisite(s): ACC 2120
ACC 2220 Intermediate Accounting II 3 Credits
A continuation of the study of financial accounting theory and practice, including liabilities
and stockholders’equity, cash flow measurement and reporting, issues related to income measurement,
and the preparation and analysis of financial statements. Spring Prerequisite(s):
ACC 2215 or consent of instructor
ACC 2360 Cost Accounting 3 Credits
A study of cost accounting terminology and concepts. Includes job order costing, process
costing and standard costing; also includes accounting for overhead and joint processing
costs, as well as absorption and variable costing. F a l l P re re q u i s i t e ( s ) : ACC 2120
ACC 2410 Income Taxation 3 Credits
A study of federal income taxation as applied to personal income. Topics include income
inclusions and exclusions, adjustments, deductions, taxes, and credits. Practice in income tax
return preparation. Spring Prerequisite(s): ACC 2110
ACC 2500 Special Topics in Accounting 3 Credits
A study of selected accounting topics including payroll tax accounting, partnership and corporation
taxation, financial statement analysis and financial statement presentation techniques.
Fall Prerequisite(s): ACC 2110
ACC 2530 Accounting Systems 3 Credits
Astudy of the flow of documents and information from initial transaction to financial statement
preparation. Emphasis is on computer software applications using general ledger software.
Topics include internal control, general ledger, accounts receivable, accounts payable,
payroll and job order costing. S p r i n g P re requisite(s): ACC 2120
ACC 2571 ComputerAccounting Internship 3 Credits
This course is a supervised work experience requiring a minimum of 135 hours in the
accounting field. Individual conferences are arranged instead of class attendance. On Demand
Prerequisite(s): Completion of 15 hours of ACC courses with minimum 2.5 GPA in ACC
courses; seeking an A.A.S. degree as a Computer Accounting major; and a completed internship
application submitted to the Coordinator of BCT Internships prior to enrollment in the
course and the beginning of the term. Application is available on the Web: www.pstcc.edu/
departments/bctpi.
◆ Meets Pellissippi State and Tennessse Board of Regents minimum degree requirements. ★ Transfers as equivalent course to the University of Tennessee, Knoxville.
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