21 courses with the subject AC, each shown exactly as we captured it from the college's catalog, with every element we hold. Where the wording looks broken, that is our reading of the catalog, not the college's text.
An introduction to the basic concepts and principles of financial accounting and the preparation and analysis of three basic financial statements: balance sheet, income statement, and the statement of cash flows.
Thorough examination of accounting theory, the accounting process, and the problems involved in the proper recording of transactions and the preparation of financial statements. A review of the accounting cycle; preparation and interpretation of advanced accounting statements using contemporary techniques; current standards underlying financial statements of business entities. Topics to be studied include working capital, current and non-current liabilities, and income determination. Prerequisite: AC105.
Continuation of AC 201. Thorough examination of the practices employed in the development and use of financial statements to present an accurate and fair picture of operation results, financial position, and changes in financial status of business enterprises. Use of accounting information as a basis for decisions by users of financial statements and reports. Special areas to be studied include asset valuation and plant assets; long term debts; stockholder’s equity and surplus; correction of errors of prior periods; tax allocations, pensions, and leases. Preparation, analysis, and interpretation of financial statements are considered in detail. Prerequisite: AC201.
A study of cost and managerial concepts and their application to the planning and control of manufacturing and service firms. Topics include accounting for the production process; performance and productivity measurement; revenue and cost analysis for decision making. Financial statements, budget planning, control and cost behaviors are also evaluated. Prerequisite: AC105.
An accounting information system is designed to collect, record, store, and process data to produce information for decision makers. This course introduces modern enterprise Accounting Information Systems (AIS). The student will apply accounting information systems concepts and procedures utilizing practical hands-on applications utilizing computer software, case studies and research projects. Projects will be related to both development of current accounting information systems theory and practical uses. In addition to studying select business transaction cycles within AIS, the course will present current challenges within today’s modern accounting information systems such as information systems audit, cyber security and enterprise risk management and IT governance. 94
Presents an overview of the principles and methodologies of cost accounting, a critical field for accountants and finance professionals. It covers inventory valuation, product pricing, cost analysis methods, job costing, process costing, standard costing, activity-based costing, and capital budgeting analysis. The course provides a comprehensive understanding of cost accounting concepts and their application in real-world scenarios. Prerequisites: AC201 and AC202.
Federal Income Taxation will provide a comprehensive introduction to the principles and practices of taxation. Students will gain an understanding of the U.S. federal income tax system, including the taxation of individuals, businesses, and property transactions. The course will cover topics such as income recognition, deductions, credits, and tax planning strategies. Students will also learn how to apply tax law to real-world scenarios and analyze the impact of tax policy on individuals and businesses. Prerequisites: AC201 and AC202.
This course focuses on the techniques and tools used to analyze financial statements and assess a company’s financial performance and position. Students will learn to interpret financial ratios, perform valuation analysis, forecast financial performance, and make informed investment decisions. Prerequisites: BA216 Principles of Finance.
This course covers forensic accounting techniques that address the contemporary need to prevent, detect, investigate, and prosecute financial fraud perpetrators. Tools and systems used in auditing for fraud instances are discussed. Also reviewed are the professional pronouncements that apply to the independent accountant in the circumstances when financial malfeasance is suspected or uncovered. Ethical considerations and other professional responsibilities that impact the auditor and the client’s stakeholder community are included in the various cases that form the basis for course coverage.
This course introduces the fundamental concepts of estate planning, including estate tax, gift tax, probate, and trust law. Students will learn to develop effective estate plans to minimize taxes, protect assets, and fulfill family objectives.
This course explores the complex world of pensions and retirement plans, including defined benefit plans, defined contribution plans, and retirement savings accounts. Students will gain a comprehensive understanding of the regulatory framework, tax implications, and investment strategies associated with retirement planning. Prerequisites: AC305 Cost Accounting. 95
The focus of this course is on the unique accounting and tax considerations for mutual funds, including investment income, capital gain distributions, and shareholder reporting. Students will learn to analyze the financial statements of mutual funds, calculate taxable income, and prepare tax returns for mutual fund investors. Prerequisites: AC305 Cost Accounting.
This course provides a comprehensive introduction to the field of auditing, focusing on the principles, standards, and practices of financial statement audits. Students will develop a strong understanding of the auditor’s role in ensuring the accuracy and reliability of financial information, as well as the importance of ethical considerations and professional judgment in the auditing process.
This course is focused on advanced accounting topics, such as consolidation, international financial reporting standards (IFRS), and emerging accounting issues. Students will develop a deep understanding of complex accounting concepts and their application to real-world business scenarios. Prerequisites: AC305 and AC405.
This course explores the financial decisions made by corporations, including capital budgeting, capital structure, dividend policy, and risk management. Students will learn to evaluate investment opportunities, optimize capital structure, and make strategic financial decisions that maximize shareholder value.
Students will dive deeper into complex financial accounting topics, including advanced consolidation methods, international financial reporting standards (IFRS), advanced revenue recognition, leases, and financial instruments. Students will gain a comprehensive understanding of these topics and their impact on financial statement preparation and analysis. Prerequisites: AC105.
This course delves into advanced topics in managerial accounting, such as activity-based costing, strategic cost management, and advanced budgeting and forecasting techniques. Students will learn to apply these concepts to improve decision-making, enhance operational efficiency, and drive strategic initiatives
This course explores the design, implementation, and evaluation of information systems for strategic decision-making. Students will learn to analyze business processes, identify information requirements, and select appropriate information systems to support organizational goals. Prerequisites: AC204 Accounting Info Systems. 96
This course provides an in-depth analysis of advanced federal tax topics, including tax planning for high-net-worth individuals, partnerships, corporations, and estates. Students will develop skills in tax research, tax minimization strategies, and the application of complex tax rules. Prerequisites: AC201 and AC202.
The advanced course in auditing builds upon foundational auditing principles, focusing on advanced auditing techniques, risk assessment, and the application of auditing standards to complex transactions and industries. Students will learn to critically evaluate audit evidence, perform specialized audit procedures, and address emerging issues in the auditing profession. Prerequisites: AC201 and AC202.
This course provides students with practical experience in accounting through a supervised internship in a professional setting. Students will apply classroom knowledge to real-world accounting tasks. Prerequisites: Successful completion of core accounting requirements.
Source: Manor College's catalog, linked per course · table learning_unit · CourseShelf publish 59
