ACCT 103 — Fundamental Bookkeeping Procedures (3 cr)
This course is an introduction to fundamental bookkeeping for a sole proprietorship. It focuses on learning how and when to record transactions and how and when to prepare financial statements. (SFCC)
ACCT 112 — Excel for Accounting (3 cr)
This course utilizes Excel to solve accounting problems and aid decision making. Areas covered include projection, cash flows, debt management, planning/budgeting and graphical presentation of accounting data. Prerequisite: ACCT 103, 104, CAPPS 112 or permission of instructor. (SFCC)
ACCT 114 — Access for Accounting (2 cr)
This course develops an understanding of the theory and practice of relational database management systems in accounting settings. The course enables students to build accounting system elements for three main accounting transaction cycles: the revenue cycle, the purchase cycle and the payroll cycle. Prerequisite: ACCT 103, 104, CAPPS 114 or permission of instructor. (SFCC)
ACCT 121 — Payroll Procedures (3 cr)
This course enables students to properly prepare, file and report quarterly payroll taxes; to prepare all necessary journal entries for payroll expenses; and to prepare all necessary end-of-year reports for payroll. Prerequisite: ACCT 103, 115 or permission of instructor. (SFCC)
ACCT 122 — Business Tax Accounting (1 cr)
This course enables students to understand and account for the additional taxes (other than income taxes) paid by business in Washington state, Spokane County and the City of Spokane. Prerequisite: ACCT 103 or permission of instructor. (SFCC)
ACCT 141 — QuickBooks (1-5 cr)
This course offers a practical approach to computerized accounting using QuickBooks Pro. Students are exposed to basic setup and entry of daily accounting transactions and learn to manage revenue and expense accounts, payroll, inventory, bank reconciliation, and year-end procedures. This course does not fulfill the requirements for students majoring in accounting. Prerequisite: SCC: ACCT 151 or higher, or permission of instructor. SFCC: ACCT& 201 (formerly ACCT 101), ACCT 151 or higher, or permission of instructor. (SCC, SFCC)
ACCT 142 — Advanced QuickBooks (1-5 cr)
This course offers a practical approach to computerized accounting using QuickBooks Pro. Students are exposed to advanced setup for service and merchandising companies. Processing quarterly payroll including, preparation of quarterly tax reports, tax transmittals and W2 forms are addressed. This course does not fulfill requirements for students majoring in accounting. Prerequisite: ACCT 141 or permission of instructor. (SCC, SFCC, IEL)
ACCT 151 — College Accounting I (5 cr)
Students learn the basic concepts of accounting for office, sales and small business personnel. The basic accounting cycle, use of general journals, worksheets, adjusting and closing entries, and complete financial statement preparation are emphasized. Payroll processing and employer payroll tax calculations, and reporting also are covered. These courses must be taken in sequence. These courses do not fulfill requirements for students majoring in accounting. (SCC, SFCC)
ACCT 152 — College Accounting II (5 cr)
Students learn the basic concepts of accounting for office, sales and small business personnel. The basic accounting cycle, use of general journals, worksheets, adjusting and closing entries, and complete financial statement preparation are emphasized. Payroll processing and employer payroll tax calculations, and reporting also are covered. These courses must be taken in sequence. These courses do not fulfill requirements for students majoring in accounting. (SCC, SFCC)
ACCT 161 — Payroll Procedures (4 cr)
This course enables students to properly prepare, file and report quarterly payroll taxes; prepare all necessary journal entries for payroll expenses; and prepare all essential end-of-the-year reports for payroll. Prerequisite: SCC: ACCT 151 or permission of instructor and concurrent enrollment in ACCT 162. SFCC: ACCT 103, 115 or permission of instructor and concurrent enrollment in ACCT 162. (SCC, SFCC)
ACCT 162 — Business Tax Accounting (1 cr)
This course enables students to understand and account for the additional taxes (other than income taxes) paid by businesses in Washington State, Spokane County and the City of Spokane. Prerequisite: SCC: ACCT 151 or permission of instructor and concurrent enrollment in ACCT 161. SFCC: SFCC: ACCT 103 or permission of instructor and concurrent enrollment in ACCT 161. (SCC, SFCC)
ACCT& 201 — Prin of Accounting I (5 cr)
Formerly ACCT 101. An introduction to the fundamentals of accounting, with application to sole proprietorship, partnership and corporate forms of business organization. Must be taken in sequence. (SCC, SFCC)
ACCT& 202 — Prin of Accounting II (5 cr)
Formerly ACCT 102. An introduction to the fundamentals of accounting, with application to sole proprietorship, partnership and corporate forms of business organization. Must be taken in sequence. Prerequisite: A grade of 2.0 or better in ACCT& 201 (formerly ACCT 101) or permission of instructor. (SCC, SFCC)
ACCT& 203 — Prin of Accounting III (5 cr)
Formerly ACCT 105. Students learn presentation and interpretation of financial data for managerial use. Applications of accounting output to managerial control and planning are emphasized. Prerequisite: For SCC - ACCT& 201 (formerly ACCT 101) or permission of instructor. For SFCC - ACCT& 202 (formerly ACCT 102) or permission of instructor. (SCC, SFCC)
ACCT 204 — Accounting Integration (5 cr)
Students develop an understanding of the accounting information system, sales and acquisition cycles, internal controls, accounting fraud, accounting for not-for-profit organizations as well as federal taxation and tax return preparation. Prerequisite: ACCT& 201 (formerly ACCT 101), ACCT 151 or permission of instructor. (SCC)
ACCT 212 — Accounting Applications and Analysis (5 cr)
An advanced course with emphasis on applications and analysis using accounting theories and concepts studied in principles and theory courses. Areas covered include funds flow analysis, tax elections, book-tax differences, and statement preparation directly from source documents and incomplete records. Prerequisite: ACCT 151 or ACCT& 202 (formerly ACCT 102). (SCC)
ACCT 218 — Accounting Analysis Simulation (1 cr)
Students participate in an accounting-oriented computerized business simulation. Grading option: Pass/fail. Prerequisite: Concurrent enrollment in ACCT 212 or permission of instructor. (SCC)
ACCT 219 — Payroll and Business Taxes (5 cr)
This course is designed to give students a thorough understanding of the most common taxes (other than income taxes) paid by businesses in the states of Idaho and Washington, Spokane County and the City of Spokane. Emphasis will be placed on manual and computerized payroll preparation, understanding the difference between an employee and an independent contractor, and determining when it's necessary to file 1099 forms and the Combined Excise Tax Return form. Current rates and forms will be used. Speakers from the various tax agencies will discuss background, current conditions and benefits relating to their particular tax programs. Prerequisite: ACCT& 201(formerly ACCT 101) or ACCT 51 and 52. (SFCC)
ACCT 220 — Federal Tax Practice (5 cr)
Federal taxation and practice covering the historical background of federal taxation in the U.S.; an overview of the internal revenue code; and detailed analysis and practice in areas of gross income, exclusions, tax accounting, sales, and exchange of property and business deductions will be addressed. (SFCC)
ACCT 266 — Cooperative Education Seminar (1-2 cr)
For course description, see Cooperative Education. (SCC)
ACCT 267 — Cooperative Education Work Experience (1-18 cr)
For course description, see Cooperative Education. (SCC, SFCC)
ACCT 288 — Cooperative Education Work Experience (No Seminar) (1-18 cr)
For course description, see Cooperative Education. (SCC)