AUSTIN COMMUNITY COLLEGE
ACCOUNTING DEPARTMENT
COURSE SYLLABUS
SMALL BUSINESS ACCOUNTING – ACNT 2371
(Formerly ACC 1923)
CIP
CODE AREA: 52.0302
COURSE
LEVEL: Intermediate
COURSE
NUMBER: ACNT
2371
COURSE
TITLE: Small
Business Accounting
CREDIT
HOURS: 3;
LECTURE HOURS: 2; LAB HOURS: 2
PREREQUISITE:
ACNT 1404
and ACNT 1311
METHOD
OF PRESENTATION: Two-hour lecture/discussion each week and two lab hours each week.
CATALOG
DESCRIPTION:
ACNT 2371 SMALL BUSINESS ACCOUNTING (3-2-2) Review of accounting procedures
relevant to accounting for small business, with an emphasiss on computerized
applications and hands-on familiarity. Areas to be addressed include: journals
ordinarily used in small business; payroll and related reporting; reporting for
taxes other than income taxes; reconciliation and analysis of the cash account;
tax accounting practices relevant to financial accounting. Prerequisites: ACNT
1404 and ACNT 1311. (ACC 1923)
TEXTBOOKS:
College
Accounting by Heintz & Perry, South-Western, 17th edition/
Optional:
Study guide and working papers to accompany text.
COURSE
REQUIREMENTS: See
specific Instructor's First Day Class Handout.
OTHER:
Basic
computer skills utilizing word processing and spreadsheet are recommended for
ACCT 1403.
________________________________________________________________________
Course
Rationale:
The
goals and objectives of this course prepare students for (1) obtaining or
improving job skills, (2) qualifying for a business or accounting job, (3)
achieving job advancement, completing the courses required for the Certified
Public Accounting (CPA) exam (a minimum of an undergraduate (4 year) degree is
required for the CPA exam), (4) preparing for accounting or business
certification exams (CMA, CFA, CGFM, CIA, etc), (5) preparing for a master’s
program, (6) working as an entrepreneur, (7) completing degree requirements
and/or (8) fulfilling personal goals.
Scans
Competencies:
Competency
must be shown in the following three areas:
1. Manages time
a.
Uses
class and lab time efficiently to accomplish required assignments
b.
Focuses
efforts toward accomplishing class-related goals
c.
Prioritizes
activities based on deadlines and level of importance
d.
Stays
on target with class syllabus and planned lab activities
2. Uses computers to process
information
a. Uses lab
computers and text to acquire and organize financial information for
the completion of lab
assignments using QuickBooks software
b.
Analyzes
information necessary to complete and accounting cycle and prepare statements
using an automated system
c.
Communicates
financial information through the processing and production of financial
statements
3. Student exhibits responsibility
a. Meets established deadlines for homework and lab assignments
b.
Attends
class/lab on a regular basis
c.
Takes
exams on time
d.
Seeks
assistance from instructor and/or tutors when necessary
e.
Prepares
for classes
Scholastic
Dishonesty:
The
following statement on scholastic dishonesty must be included: Acts prohibited
by the college for which discipline may be administered include scholastic
dishonesty, including but not limited to cheating n an exam or quiz,
plagiarizing, and unauthorized collaboration with another in preparing outside
work. Academic work submitted by students shall be the result of their thought,
research or self-expression. Academic work is defined as, but not limited to
tests, quizzes, whether taken electronically or on paper; projects, either
individual or group; classroom presentations, and homework.
Students
with Disabilities:
The
following statement on students with disabilities must also be included: Each
ACC campus offers support services for students with documented physical or
psychological disabilities. Students with disabilities must request reasonable
accommodations through the Office for Students with Disabilities on the campus
where they expect to take the majority of their classes. Students are
encouraged to do this three weeks before the start of the semester.
Course
Evaluation/Grading System, How to Reach the Instructor, and Course Outline/Calendar:
Refer to the Instructor’s syllabus for this course.
Sample
Syllabus
AUSTIN COMMUNITY COLLEGE
Accounting Department
ACNT 2371
Small Business Accounting
ACNT
2371 Small Business Accounting:
A study of database management systems design
tools used to build accounting systems for small business. Review of
basic Windows concepts and build basic elements of accounting systems using
Microsoft Access 2000. Emphasis on setting up business journals for cash
receipts, cash payments, accounts receivable, accounts payable and payroll.
Required
Texts/Materials:
For
required texts/materials, go to http://www2.austincc.edu/accting/.
Click on Textbooks and First Day Assignments.
Instructional
Methodology:
The
objectives of this course will be met by incorporating a variety of
instructional methods. These include lecture, case studies, group activities,
student presentations, research papers, and/or online accounting and tax
database research, periodical research.
Course
Objectives and Core Competencies:
Upon
successful completion of this course the student will be able to:
Course
Rationale:
The
goals and objectives of this course prepare students for (1) obtaining or
improving job skills, (2) qualifying for a business or accounting job, (3)
achieving job advancement, completing the courses required for the Certified
Public Accounting (CPA) exam (a minimum of an undergraduate (4 year) degree is
required for the CPA exam), (4) preparing for accounting or business
certification exams (CMA, CFA, CGFM, CIA, etc), (5) preparing for a master’s
program, (6) working as an entrepreneur, (7) completing degree requirements
and/or (8) fulfilling personal goals.
Competency
must be shown in the following three areas:
1. Manages time
e.
Uses
class and lab time efficiently to accomplish required assignments
f.
Focuses
efforts toward accomplishing class-related goals
g.
Prioritizes
activities based on deadlines and level of importance
h.
Stays
on target with class syllabus and planned lab activities
2. Uses computers to process information
a. Uses lab
computers and text to acquire and organize financial information for
the completion of lab
assignments using Microsoft Access software
d.
Analyzes
information necessary to complete and accounting cycle and prepare statements
using an automated system
e.
Communicates
financial information through the processing and production of financial
statements
3. Student exhibits responsibility
a. Meets established deadlines for homework and lab assignments
f.
Attends
class/lab on a regular basis
g.
Takes
exams on time
h.
Seeks
assistance from instructor and/or tutors when necessary
i.
Prepares
for classes
Scholastic
Dishonesty:
The
following statement on scholastic dishonesty must be included: Acts prohibited
by the college for which discipline may be administered include scholastic
dishonesty, including but not limited to cheating n an exam or quiz,
plagiarizing, and unauthorized collaboration with another in preparing outside
work. Academic work submitted by students shall be the result of their thought,
research or self-expression. Academic work is defined as, but not limited to
tests, quizzes, whether taken electronically or on paper; projects, either
individual or group; classroom presentations, and homework.
Students
with Disabilities:
The following statement on students with
disabilities must also be included: Each ACC campus offers support services for
students with documented physical or psychological disabilities. Students with
disabilities must request reasonable accommodations through the Office for
Students with Disabilities on the campus where they expect to take the majority
of their classes. Students are encouraged to do this three weeks before the
start of the semester.
Course
Evaluation/Grading System, How to Reach the Instructor, and Course Outline/Calendar:
Refer
to the Instructor’s syllabus for this course.