Academic Policies and Procedures - Central Maine Community ...

course
descriptions
Course Descriptions
Accounting (ACC)
ACC 208 Financial Accounting
3 Credits (3 Lecture 0 Lab 0 Shop)
3 hrs/wk (3 Hrs. Lecture) *15 wks
This course is a one-semester course for nonaccounting
majors. It is designed to give students
a basic foundation in finan cial accounting
and the language of busi ness. Key topics
include the correct classification and recording
of accounting transactions, preparation of basic
financial statements, and analysis and interpretation
of fi nancial data. Students will use computer
software in and out of class for some problem
solving.
ACC 210 Principles of Accounting I
3 Credits (3 Lecture 0 Lab 0 Shop)
3 hrs/wk (3 Hrs. Lecture) *15 wks
This course is a beginning accounting course
that introduces the student to basic financial
statements and the double-entry accounting
system. The course includes methods and
procedures such as merchandising operations,
internal control and cash, accounting systems,
accounts and notes receivable, accounting for
merchandise inventory, and long-term assets
and depreciation methods.
ACC 212 Principles of Accounting II
3 Credits (3 Lecture 0 Lab 0 Shop)
3 hrs/wk (3 Hrs. Lecture) *15 wks
This course is designed to further the understanding
of basic accounting principles, methods
and procedures gained in Principles of Accounting
I; for example, Partnerships, Current
and Long-term liabilities, and Capital stock.
Other topics include Cash flows and Statement
analysis, along with an introduction to
Managerial accounting concepts. In addition, an
integrated computer-based simulation/project
will be completed at the end of the semester.
Prerequisite: ACC 210 or instructor permission.
ACC 225 Managerial Accounting
3 Credits (3 Lecture 0 Lab 0 Shop)
3 hrs/wk (3 Hrs. Lecture) *15 wks
This course is an introduction to internal management
accounting. Emphasis is on the use of
accounting information in controlling the operations
of the enterprise.
Specifi c areas covered include: cost classifications,
accumulating costs through job order and
process costing techniques, budgeting, responsibility
accounting, and transfer pricing. The
fundamental account ing concepts and techniques
for planning and control are applicable
to all types of functions of organizations; therefore,
this course deals with not-for-profit, retail,
wholesale, selling and administrative func tions
as well as the more traditional manu facturing
organizations.
ACC 240 Intermediate Accounting I
3 Credits (3 Lecture 0 Lab 0 Shop)
3 hrs/wk (3 Hrs. Lecture) *15 wks
This course begins with a comprehensive review
of accounting principles, including the conceptual
framework of accounting as prescribed by the
Financial Standards Board (FASB) and Generally
Accepted Accounting Principles (GAAP).
Other topics include concepts of future and
present value, theory underlying revenue recognition
practices, internal control procedures
for cash, basic alternative inventory valuation
methods, as well as recording of investment securities.
Prerequisite: ACC 212 with a grade of
C or higher or instructor permission.
ACC 242 Intermediate Accounting II
3 Credits (3 Lecture 0 Lab 0 Shop)
3 hrs/wk (3 Hrs. Lecture) *15 wks
This course continues the intensive study of
financial accounting including the valua tion of
long-term liabilities and accounting for income
taxes, leases, and pensions. Other topics are
forming a corporation, recording various types
of dividends, com puting earnings per share, as
well as the preparation of the statement of cash
flows. Application of accounting principles in
recording, reporting, and disclosing accounting
changes and prior period adjustments are also
included. Prerequi site: ACC 240 with a grade of
C or higher or instructor permission.
ACC 244 Computerized Accounting
3 Credits (3 Lecture 0 Lab 0 Shop)
3 hrs/wk (3 Hrs. Lecture) *15 wks
This course utilizes QuickBooks integrated
accounting software whereby both service
and merchandising businesses are set up
from inception. Depending upon the partic ular
business, the following topics will be covered
throughout the course: general ledger, accounts
payable, accounts receiv able, payroll, inventory,
job costing, import ing and exporting of files, and
other advanced QuickBooks applications. The
necessity of an audit trail will be empha sized.
Prerequisite: ACC 210 or instructor permission.
ACC 246 Tax Accounting (Individual)
3 Credits (3 Lecture 0 Lab 0 Shop)
3 hrs/wk (3 Hrs. Lecture) *15 wks
This introductory course examines taxation
for individuals, including Schedule C, which is
filed for sole proprietorship businesses. Filing
requirements, gross income, exclu sions, deductions,
exemptions, tax credits, and tax research
are a sampling of the top ics covered. A general
overview of tax con sequences for different
forms of business entities such as corporations,
partnerships, limited liability companies, and S
Corpora tions is included. Prerequisite: ACC 210
or instructor permission.
ACC 248 Payroll Accounting
3 Credits (3 Lecture 0 Lab 0 Shop)
3 hrs/wk (3 Hrs. Lecture) *15 wks
This course is designed to introduce students to
the concepts and processes of payroll administration.
Topics include the legal issues surrounding
payroll, salaries/wages and overtime, payroll
withholdings and payroll taxes, and journalizing
and analyzing payroll transactions. Students will
also learn extensively about national automated
payroll system providers such as ADP, PayChex
and Ceridian.
American Sign Language (ASL)
ASL 101 American Sign Language I
3 Credits (3 Lecture 0 Lab 0 Shop)
3 hrs/wk (3 Hrs. Lecture) *15 wks
This course introduces students to Ameri can
Sign Language (ASL), including an examination
of the cultural values and rules of behavior
of the Deaf community in the United States. In
developing conversation al competence in ASL,
the course covers the following: sign vocabulary,
finger spelling, manual numbering system, basic
sentence patterns of ASL, correct use of idioms,
receptive and expressive language activities; and
Deaf/deaf culture in North America. Prerequisite:
Fluency in English strongly recommended.
ASL 102 American Sign Language II
3 Credits (3 Lecture 0 Lab 0 Shop)
3 hrs/wk (3 Hrs. Lecture) *15 wks
This course continues the study and prac tice
of basic skills initiated in ASL 101. Emphasizes
comprehending, signing, developing receptive
skills, and using the glossing system for written
ASL. Interactive and extracurricular activities
increase understanding of ASL and the deaf culture.
Prerequisite: ASL 101 or equivalent.
76 www.cmcc.edu 2010 ~ 2011