Accounting

ACCT M01  Introduction to Accounting  3 Units  
Formerly:   ACCT M01A  
In-Class Hours:   52.5 lecture  
Advisories/Rec Prep:   BUS M30, ENGL M02, and MATH M01  

Covers the fundamentals of double-entry bookkeeping and the debit/credit method of recording transactions. Includes the full bookkeeping cycle from recording transactions to preparing financial statements. Emphasizes service enterprises operating as sole proprietorships.

Grade Modes:   Letter Graded, Student Option- Letter/Credit, Pass/No Pass Grading  
Degree Applicability:   Applies to Associate Degree  
AA/AS GE:   None  
Transfer Credit:   CSU  
UC Credit Limitations:   None  
CSU GE-Breadth:   None  
IGETC:   None  
ACCT M40  Accounting Ethics  3 Units  
In-Class Hours:   52.5 lecture  
Advisories/Rec Prep:   MATH M01 and ENGL M02  

Explores ethics in the accounting profession. Emphasizes theories of ethics and their applications, the California State Board of Accountancy’s rules of ethics, the American Institute of Certificated Public Accountants' (AICPA) Code of Professional Conduct, the Public Company Accounting Oversight Board's (PCAOB) ethics standards, implications of the Sarbanes-Oxley Act, and ethical requirements of the Securities and Exchange Commission. Uses case studies to develop students' ability to recognize, analyze, and resolve ethical challenges faced by accounting professionals, as well as their skill in effectively communicating and defending their ethical decision-making.

Grade Modes:   Letter Graded, Student Option- Letter/Credit, Pass/No Pass Grading  
Degree Applicability:   Applies to Associate Degree  
AA/AS GE:   None  
Transfer Credit:   CSU  
UC Credit Limitations:   None  
CSU GE-Breadth:   None  
IGETC:   None  
ACCT M50  Principles of Income Taxation  3 Units  
In-Class Hours:   52.5 lecture  
Prerequisites:   MATH M01 or equivalent  
Advisories/Rec Prep:   ENGL M02  

Introduces the principles of federal and California taxation relating to individual income taxes. Emphasizes the preparation of personal tax returns.

Catalog Notes:   Completion of ACCT M50 and ACCT M51 will help prepare students for the VITA (Volunteer Income Tax Assistance) Certification exam, the CTEC (California Tax Education Council) Registered Tax Preparer exam, and the EA (Enrolled Agent) exam.  
Grade Modes:   Letter Graded, Student Option- Letter/Credit, Pass/No Pass Grading  
Degree Applicability:   Applies to Associate Degree  
AA/AS GE:   None  
Transfer Credit:   CSU  
UC Credit Limitations:   None  
CSU GE-Breadth:   None  
IGETC:   None  
ACCT M51  Volunteer Income Tax Assistance (VITA)  3 Units  
In-Class Hours:   35 lecture, 52.5 laboratory  
Advisories/Rec Prep:   ACCT M50 or MATH M01  

Introduces the preparation of Federal and California income tax returns and use of tax preparation software. Emphasizes tax topics including capital gains and losses, business income and expenses, the Earned Income Tax Credit (EITC), Child Tax Credit, Child and Dependent Care Credit, filing status, dependency exemptions, basic deductions, and adjustments. Serves the local community as students participating in the Volunteer Income Tax Assistance (VITA) program prepare income tax returns for qualifying individuals at no cost.

Catalog Notes:   Completion of ACCT M50 and ACCT M51 will help prepare students for the VITA (Volunteer Income Tax Assistance) Certification exam, the CTEC (California Tax Education Council) Registered Tax Preparer exam, and the EA (Enrolled Agent) exam.  
Grade Modes:   Letter Graded, Student Option- Letter/Credit, Pass/No Pass Grading  
Degree Applicability:   Applies to Associate Degree  
AA/AS GE:   None  
Transfer Credit:   CSU  
UC Credit Limitations:   None  
CSU GE-Breadth:   None  
IGETC:   None  
ACCT M52  Taxation of Business Entities  3 Units  
In-Class Hours:   52.5 lecture  
Prerequisites:   MATH M01 or equivalent and ACCT M50 or ACCT M51  
Advisories/Rec Prep:   ENGL M02  

Provides students with a basic understanding of concepts of U.S. federal and state income taxation of business entities including corporations, S-corporations, partnerships, and limited liability companies. Other: Completion of ACCT M50, ACCT M51, ACCT M52, and ACCT M53 will help prepare students for the VITA (Volunteer Income Tax Assistance) Certification exam, the CTEC (California Tax Education Council) Registered Tax Preparer exam, the EA (Enrolled Agent) exam, and portions of the CPA (Certified Public Accountant) exam.

Grade Modes:   Letter Graded, Student Option- Letter/Credit, Pass/No Pass Grading  
Degree Applicability:   Applies to Associate Degree  
AA/AS GE:   None  
Transfer Credit:   CSU  
UC Credit Limitations:   None  
CSU GE-Breadth:   None  
IGETC:   None  
ACCT M53  Volunteer Income Tax Assistance II (VITA II)  3 Units  
In-Class Hours:   35 lecture, 52.5 laboratory  
Prerequisites:   ACCT M50 or ACCT M51  
Advisories/Rec Prep:   MATH M01 and ACCT M01 or ACCT M110  

Continues the development of preparation and review of basic to advanced Federal and California income tax returns and use of tax preparation software. Develop skill sets of effective Quality Reviewers, Site Coordinators, and Supervisors. Emphasizes tax topics including capital gains and losses, business income and expenses, the Earned Income Tax Credit (EITC), Child Tax Credit, Child and Dependent Care Credit, filing status, dependency exemptions, basic deductions, and adjustments. Serves the local community as students participating in the Volunteer Income Tax Assistance (VITA) program prepare income tax returns for qualifying individuals at no cost. Other: Completion of ACCT M50, ACCT M51, ACCT M52, and ACCT M53 will help prepare students for the VITA (Volunteer Income Tax Assistance) Certification exam, the CTEC (California Tax Education Council) Registered Tax Preparer exam, the EA (Enrolled Agent) exam, and portions of the CPA (Certified Public Accountant) exam.

Grade Modes:   Letter Graded, Student Option- Letter/Credit, Pass/No Pass Grading  
Degree Applicability:   Applies to Associate Degree  
AA/AS GE:   None  
Transfer Credit:   CSU  
UC Credit Limitations:   None  
CSU GE-Breadth:   None  
IGETC:   None  
ACCT M60  Excel for Accounting  3 Units  
In-Class Hours:   52.5 lecture  
Prerequisites:   ACCT M01 or ACCT M110  

Examines the use of accounting principles and accounting data analysis using Excel. Includes the creation of professional worksheets, the use of formulae and functions, charts, database, basic macros, and other Excel features with emphasis on accounting as a financial analysis tool.

Grade Modes:   Letter Graded, Student Option- Letter/Credit, Pass/No Pass Grading  
Degree Applicability:   Applies to Associate Degree  
AA/AS GE:   None  
Transfer Credit:   CSU  
UC Credit Limitations:   None  
CSU GE-Breadth:   None  
IGETC:   None  
ACCT M62  Quickbooks For PCs  3 Units  
In-Class Hours:   52.5 lecture  
Prerequisites:   ACCT M01 or ACCT M110  

Introduces computerized accounting, integrating the principles of accounting to an automated system in use by many accounting professionals. Includes setting up business books and working with inventory, accounts receivable, accounts payable, payroll, financial statements and reports.

Grade Modes:   Letter Graded, Student Option- Letter/Credit, Pass/No Pass Grading  
Degree Applicability:   Applies to Associate Degree  
AA/AS GE:   None  
Transfer Credit:   CSU  
UC Credit Limitations:   None  
CSU GE-Breadth:   None  
IGETC:   None  
ACCT M70  Payroll Accounting  3 Units  
In-Class Hours:   52.5 lecture  
Prerequisites:   ACCT M01 or ACCT M110  
Advisories/Rec Prep:   ACCT M60  

Focuses on the application of payroll accounting concepts, procedures and related internal controls. Includes calculation of federal and state payroll taxes and withholdings, preparation and filing of governmental forms, and record keeping systems and procedures.

Grade Modes:   Letter Graded, Student Option- Letter/Credit, Pass/No Pass Grading  
Degree Applicability:   Applies to Associate Degree  
AA/AS GE:   None  
Transfer Credit:   CSU  
UC Credit Limitations:   None  
CSU GE-Breadth:   None  
IGETC:   None  
ACCT M80  Internship in Accounting  1-4 Units  
In-Class Hours:   60-240 unpaid cooperative, 75-300 paid cooperative  
Prerequisites:   Completion of or concurrent enrollment in one course in the discipline and instructor approval. To take this course, contact the Career Transfer Center. Requires orientation session. Students receive one unit of credit for each 60 hours unpaid or 75 hours paid work. May enroll in up to 4 units per semester with a maximum of 16 total units of any type of work experience  

Provides on-the-job learning to develop effective work habits, attitudes, and career awareness in paid or unpaid internships that are related to the field of accounting. Involves the development and documentation of learning objectives and the completion of an internship paper, presentation, or project. Includes both workplace supervisor and faculty advisor feedback and/or written evaluations.

Grade Modes:   Letter Graded, Student Option- Letter/Credit, Pass/No Pass Grading  
Repeatable for Credit:   Course may be taken up to 3 times for credit.  
Degree Applicability:   Applies to Associate Degree  
AA/AS GE:   None  
Transfer Credit:   CSU  
UC Credit Limitations:   None  
CSU GE-Breadth:   None  
IGETC:   None  
ACCT M110  Financial Accounting  3 Units  
Formerly:   ACCT M02A; ACCT M02B  
In-Class Hours:   52.5 lecture  
Prerequisites:   MATH M01 or equivalent  
Advisories/Rec Prep:   BUS M30 and ENGL M02  
C-ID:   ACCT 110  

Examines financial accounting from both the user and preparer perspective, emphasizing public corporations. Explores accounting as an information system, why it is important and how it is used by investors, creditors and others in making decisions. Emphasizes recording and reporting of business transactions with a focus on the accounting cycle, the application of Generally Accepted Accounting Principles, and the form and content of the basic financial statements. Includes issues relating to asset, liability, and equity valuation, revenue and expense recognition, cash flow, internal controls, ethics, and financial statement analysis.

Grade Modes:   Letter Graded, Student Option- Letter/Credit, Pass/No Pass Grading  
Degree Applicability:   Applies to Associate Degree  
AA/AS GE:   None  
Transfer Credit:   CSU, UC  
UC Credit Limitations:   None  
CSU GE-Breadth:   None  
IGETC:   None  
ACCT M120  Managerial Accounting  3 Units  
Formerly:   ACCT M02C; BUS M02C  
In-Class Hours:   52.5 lecture  
Prerequisites:   ACCT M110  
C-ID:   ACCT 120  

Examines how managers use accounting information in decision-making, planning, directing operations, and controlling. Focuses on cost terms and concepts, cost behavior, cost structure, cost-volume-profit analysis, profit planning, standard costs, operational and capital budgeting, cost control, costing systems in a manufacturing environment, performance analysis, and ethics.

Grade Modes:   Letter Graded, Student Option- Letter/Credit, Pass/No Pass Grading  
Degree Applicability:   Applies to Associate Degree  
AA/AS GE:   None  
Transfer Credit:   CSU, UC  
UC Credit Limitations:   None  
CSU GE-Breadth:   None  
IGETC:   None