College Catalog

Accredited by ACBSP

Accounting (BA)

(Effective Fall 2014)

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 also serves to upgrade the skills of those now employed in this field.

Career Opportunities

Public/private accounting business, management consulting, and technology services, such as designing accounting systems, payroll, "bookkeeping," and other general accounting services. Industry accounting, including inventory analysis, costing products, budgeting, general accounting (payroll, accounts receivable, accounts payable, financial statement preparation, general ledger), financial analysis, and tax return preparation. Also, not-for-profit accounting, as well as government and non-government accounting.

Recommended High School Subjects

English and mathematics courses (including algebra).

Remediation Strategies

All students entering the major are tested for English, reading, and mathematics deficiencies. Students are 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.

Curriculum

First SemesterCredits
FYE101First Year Experience 1 
ACC113Introduction to Financial Accounting 3 
CSC124Information, Technology, and Society 3 
ENL111English Composition I 3 
MGT115Principles of Management 3 
MTH113Business Mathematics 3 
TOTAL CREDITS 16
Second SemesterCredits
ACC123Introduction to Managerial Accounting 3 
ECO111Principles of Macroeconomics 3 
or
ECO112Principles of Microeconomics 3 
MGT230Business Communications 3 
MIS211Business Computer Applications Using Spreadsheet 3 
HUMHumanities Elective 3 
or
SSESocial Science Elective 3 
or
ARTArt Elective 3 
or
FORForeign Language Elective 3 
or
AAEApplied Arts Elective 3 
or
IFEInternational Field Experience Elective 3 
FITFitness and Lifetime Sports Elective 1 
TOTAL CREDITS 16
Third SemesterCredits
ACC341Intermediate Accounting I 3 
ACC331Income Taxation of Individuals 3 
MGT301Business Law I 3 
BAEDirected Business Elective 3 
SPC101Fundamentals of Speech 3 
or
SPC201Interpersonal Communication 3 
TOTAL CREDITS 15
Fourth SemesterCredits
ACC285Accounting Information Systems 3 
ACC346Intermediate Accounting II 3 
ACC210Payroll, State, and Local Taxation 3 
SCIScience Elective 3 
OEAOpen Elective / Associate 3 
TOTAL CREDITS 15

Directed Business Elective is any adviser-approved ACC, CSC, FIN, MGT, MKT, or HRM course.

Accreditation

Accreditation Council for Business Schools and Programs (ACBSP)

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