Archive 2007-08 Catalog (Archived September 2007)
One College Avenue, Williamsport PA 17701 · (570) 326-3761 or (800) 367-9222
Accounting (BA)
Academic School: Business & Computer Technologies
Associate of Applied Science Degree (A.A.S.)
The Accounting major prepares students for a variety of entry-level accounting positions in all types of business environments including public accounting, service businesses, manufacturers, retailers, wholesalers, not-for-profit organizations, and government agencies. The major will also serve to upgrade the skills of those now employed in this field.
Career Opportunities: Public accounting and/or your own accounting business: giving tax advice and/or tax preparation; management consulting; technology services including designing accounting systems; payroll, "bookkeeping," and other general accounting services.
Industry accounting: inventory analysts; costing products; budgeting; general accounting (payroll, accounts receivable, accounts payable, financial statement preparation, general ledger); financial analysis; tax return preparation; internal auditing; designing accounting systems.
Not-for-Profit accounting. Government and non-government accounting.
Recommended High School Subjects: Students should have English and mathematics courses (including algebra).
Remediation Strategies: All students entering the major will be tested for English, reading, and mathematics deficiencies. Students will be expected to remediate any deficiencies during their first semester.
Transfer Procedures: This major is subject to the transfer standards established by the College (see http://www.pct.edu/catalog/TransferringCredits.htm ). Exceptions must be approved by the school dean.
Program Goals: A graduate of this major should be able to:
- identify and apply generally accepted accounting principles.
- understand the impact of operating, investing, and financing decisions on the business entity.
- organize, prepare, analyze, and interpret financial data and statements.
- interpret and apply federal income tax laws applicable to the individual and sole proprietor.
- identify, use, and interpret cost accounting information.
- identify the laws that affect business.
- use microcomputers (PCs) and related accounting software, including spreadsheet and database, for the preparation and analysis of accounting information and related financial statements.
- understand the use of accounting information systems and their application in today's business environment.
| First Semester | Credits | ||
|---|---|---|---|
| ACC113 | Introduction to Financial Accounting | 3 | |
| CSC110 | Introduction to Information Technology | 3 | |
| ENL111 | English Composition I | 3 | |
| MGT115 | Principles of Management | 3 | |
| MTH113 | Business Mathematics | 3 | |
| OIT101 | Keyboarding and Its Applications | 1 | |
| 16 | |||
| Second Semester | Credits | ||
| ACC123 | Introduction to Managerial Accounting | 3 | |
| ECO111 | Principles of Macroeconomics | 3 | |
| or | |||
| ECO112 | Principles of Microeconomics | 3 | |
| MGT230 | Business Communications | 3 | |
| CSC211 | Business Computer Applications Using Spreadsheet | 3 | |
| MGT301 | Business Law I | 3 | |
| FIT | Fitness and Lifetime Sports Elective | 1 | |
| 16 | |||
| Third Semester | Credits | ||
| ACC341 | Intermediate Accounting I | 3 | |
| ACC311 | Cost Accounting | 3 | |
| SPC101 | Fundamentals of Speech | 3 | |
| BAE | Directed Business Elective | 3 | |
| HUM | Humanities Elective | 3 | |
| or | |||
| SSE | Social Science Elective | 3 | |
| or | |||
| ART | Art Elective | 3 | |
| or | |||
| FOR | Foreign Language Elective | 3 | |
| or | |||
| AAE | Applied Arts Elective | 3 | |
| or | |||
| IFE | International Field Experience Elective | 3 | |
| 15 | |||
| Fourth Semester | Credits | ||
| ACC331 | Income Taxation of Individuals | 3 | |
| ACC285 | Accounting Information Systems | 3 | |
| ACC210 | Payroll, State, and Local Taxation | 3 | |
| SCI | Science Elective | 3 | |
| OEA | Open Elective | 3 | |
| 15 | |||
Directed Business Elective is any adviser-approved ACC, CSC, FIN, MGT, MKT, MIS, or OFT course.
Additional Information: The curriculum provides an opportunity for students to gain Microsoft Office Specialist (MOS) certification in Microsoft Excel.
Accreditation: Association of Collegiate Business Schools and Programs (ACBSP) and The International Assembly for Collegiate Business Education (IACBE)