Undergraduate Catalog - Lake Erie College

AC 303 Taxes & Culture Clinic I (2 or 4 SH)
Semester Offered: Spring
Pre-Requisite(s): Sophomore status or permission of
instructor
An interdisciplinary course covering basic income tax and
immigration law and the Hispanic culture. Students gain
a fundamental understanding of federal, state and city
income tax law for low-income taxpayers. Students gain
a first hand knowledge of basic immigration law and how
undocumented United States workers are handled through
our system. It is a clinic course relying heavily on student
participation. Cross-listed as LG 303.
AC 308 Federal Income Taxes I (4 SH)
Semester Offered: Fall odd years
Pre-Requisite(s): AC 102 or permission of instructor.
Encompasses the study and research of the federal income
tax laws. Focus is on the determination of taxable income
of individuals. Topics include gross income, inclusions of
taxable income and exclusions, deductions and losses,
exemptions, credits and property transactions.
AC 309 Federal Income Taxes II (4 SH)
Semester Offered: Spring even 4th year
Pre-Requisite(s): AC 308 or permission of instructor.
Encompasses the study and research of the federal income
tax laws. Focus is on the determination of taxable income
of corporations, partnerships, trusts and estates.
AC 322 Cost Accounting (4 SH)
Semester Offered: Spring even years
Pre-Requisite(s): AC 102
This course emphasizes cost accounting methods used to
determine product costs for internal decision-making and
external financial reporting. Topics include variable, fixed
and semi-variable costs, activity-based costing, job order
costing, process costing, standard costing, break-even
analysis, budgeting, quality control, inventory management,
pricing special orders and transfer pricing.
AC 403 Auditing (4 SH)
Semester Offered: Fall
Pre-Requisite(s): AC 302, CI 101, MN 215 or permission
of instructor
The principles, concepts, standards and procedures utilized
by internal auditors and the independent public accountant.
Topics include professional ethics, independence and
legal responsibility, statistical sampling, auditing standards
and procedures.
AC 406 Taxes & Culture Clinic II (2 SH)
Semester Offered: Spring
Pre-Requisite(s): AC 303
An interdisciplinary course covering basic income tax and
immigration law and the Hispanic culture. Students gain
a fundamental understanding of federal, state and city
income tax law for low-income taxpayers. Students gain
a first-hand knowledge of basic immigration law and how
undocumented United States workers are handled through
our system. It is a clinic course relying heavily on student
participation. Cross-listed as LG 406.
AC 416 Advanced Accounting (4 SH)
Semester Offered: Spring odd years
Pre-Requisite(s): AC 301 or permission of instructor
Combines sound theoretical advanced financial accounting
concepts to practical applications. Topics include the
accounting for business combinations, foreign currency
transactions and translations, partnerships and governmental
entities.
AC 490 Senior Seminar in Accounting (4 SH)
Semester Offered: Spring
Pre-Requisite(s): Senior Standing
The capstone course is a senior level course designated to
allow students to review, analyze and integrate knowledge
and skills learned throughout the accounting/business curriculum.
Student will analyze domestic and international
accounting issues through case analysis and research.
Students will prepare an approved academic project or
paper that demonstrates mastery of their area of study
and to assess their level of knowledge/skill of the stated
outcomes of their degree.
ARTS MANAGEMENT (AM)
AM 300 Principles of Fine Arts Management (4 SH)
Pre-Requisite(s): Junior status or permission.
An analysis of the management of not-for-profit arts
organizations, such as museums, performing groups,
service organizations and government agencies. Other
faculty and arts professionals will be brought in to discuss
particular areas of arts administration. Course will be
taught in seminar format.
AM 310 Fine Arts Management Practicum I (1-4 SH)
Pre-Requisite(s): Junior status or permission
Students will participate in the design of and grant writing
for a specific project, taking it from beginning stages of
development, through project research into grant writing.
Students must contract with appropriate faculty for 50
hours of application work per academic credit. A maximum
of four credits possible over junior and senior years.
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