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2011 - 2012 Catalog
Course Descriptions for ACNT
Course Description Index | Student Services | Degree Plans
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ACNT 1303 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, RLC
Introduction to Accounting I
This is a WECM Course Number.
Course Description: A study of analyzing, classifying, and recording business transactions in a manual and computerized environment. Emphasis on understanding the complete accounting cycle and preparing financial statements, bank reconciliations, and payroll. (3 Lec.)
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ACNT 1305 (3 Credit Hours)
Offered at MVC, RLC
Forensic Accounting
This is a WECM Course Number.
Prerequisite: ACNT 2303 or ACNT 2403.
Course Description: An examination of accounting fraud designed to provide a basic understanding of the impact that fraud has on an organization. (3 Lec.)
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ACNT 1311 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC, RLC
Introduction to Computerized Accounting
This is a WECM Course Number.
Corequisite/Concurrent: Students must be concurrently enrolled or have successfully completed coursework in ACCT 2301, ACCT 2401, or ACNT 1303.
Course Description: Introduction to utilizing the computer in maintaining accounting records with primary emphasis on a general ledger package. This course may be repeated if topics and learning outcomes vary. (2 Lec., 2 Lab.)
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ACNT 1313 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC, RLC
Computerized Accounting Applications
This is a WECM Course Number.
Corequisite/Concurrent: Students must be concurrently enrolled or have successfully completed coursework in ACCT 2301, ACCT 2401, or ACNT 1303.
Course Description: Use of the computer to develop and maintain accounting records and to process common business applications for managerial decision-making. (2 Lec., 2 Lab.)
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ACNT 1329 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC, RLC
Payroll and Business Tax Accounting
This is a WECM Course Number.
Corequisite/Concurrent: Students must be concurrently enrolled or have successfully completed coursework in ACCT 2301, ACCT 2401, or ACNT 1303.
Course Description: A study of payroll procedures, taxing entities, and reporting requirements of local, state, and federal taxing authorities in a manual and computerized environment. (3 Lec.)
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ACNT 1331 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, RLC
Federal Income Tax: Individual
This is a WECM Course Number.
Prerequisite: ACCT 2301 or ACCT 2401.
Course Description: A study of the federal tax law for preparation of individual income tax returns. This course is cross-listed as ACNT 1431. The student may register for either ACNT 1331 or ACNT 1431, but may receive credit for only one of the two. This course is cross-listed as ACNT 1431. The student may register for either ACNT 1331 or ACNT 1431 but may receive credit for only one of the two. (3 Lec.)
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ACNT 1340 (3 Credit Hours)
Offered at MVC
Accounting and Business Ethics
This is a WECM Course Number.
Prerequisite: ACNT 2303 or ACNT 2403.
Course Description: Ethical standards and behaviors, codes of professional conduct, and the impact of unethical behavior on an individual, business and society. (3 Lec.)
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ACNT 1347 (3 Credit Hours)
Offered at MVC
Federal Income Tax for Partnerships and Corporations
This is a WECM Course Number.
Prerequisite: ACNT 1331 or ACNT 1431.
Course Description: A study of federal tax laws for preparation of partnership and corporate returns. (3 Lec.)
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ACNT 1370 (3 Credit Hours)
Offered at MVC
Accounting Communications
This is a Local Need Course.
Prerequisite: ACCT 2301 and ACCT 2302.
Course Description: Presentation of concepts and techniques for developing a business style of writing and creating documents such as memorandums, letters and reports. The course will include an overview of methods for researching, organizing, analyzing and presenting information in an accounting context. Emphasis on written and oral assignments that develop communication skills for the accounting profession. (3 Lec.)
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ACNT 1380 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC
Cooperative Education - Accounting
This is a WECM Course Number.
Corequisite/Concurrent: Students must obtain instructor approval and be concurrently enrolled or have successfully completed coursework in ACCT 2301, ACCT 2401, or ACNT 1303.
Course Description: Career-related activities encountered in the student's area of specialization offered through an individualized agreement among the college, employer, and student. Under the supervision of the college and the employer, the student combines classroom learning with work experience. Includes a lecture component. (1 Lec., 20 Ext.)
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ACNT 1391 (3 Credit Hours)
Offered at BHC, EFC, MVC
Special Topics in Accounting
This is a WECM Course Number.
Course Description: Topics address recently identified current events, skills, knowledge, and/or attitudes and behaviors pertinent to the technology or occupation and relevant to the professional development of the student. This course may be repeated if topics and learning outcomes vary. (3 Lec.)
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ACNT 1393 (3 Credit Hours)
Offered at MVC
Special Topics in Taxation
This is a WECM Course Number.
Prerequisite: ACNT 1331 or ACNT 1431.
Course Description: Topics address recently identified current events, skills, knowledge, and/or attitudes and behaviors pertinent to the technology or occupation and relevant to the professional development of the student. This course may be repeated if topics and learning outcomes vary. (3 Lec.)
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ACNT 1431 (4 Credit Hours)
Offered at MVC
Federal Income Tax: Individual
This is a WECM Course Number.
Prerequisite: ACCT 2301 or ACCT 2401.
Course Description: A study of the federal tax law for preparation of individual income tax returns. This course is cross-listed as ACNT 1331. The student may register for either ACNT 1331 or ACNT 1431 but may receive credit for only one of the two. (4 Lec.)
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ACNT 2302 (3 Credit Hours) New course added April 11, 2011
Offered at BHC, MVC, RLC
Accounting Capstone
This is a WECM Course Number.
Prerequisite: ACCT 2301 or ACCT 2401, ACCT 2302 or ACCT 2402, ACNT 1311, and ACNT 1313.
Course Description: A learning experience that allows students to apply broad knowledge of the accounting profession through discipline specific projects involving the integration of individuals and teams performing activities to simulate workplace situations. (3 Lec.)
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ACNT 2303 (3 Credit Hours)
Offered at BHC, EFC, ECC, MVC, RLC
Intermediate Accounting I
This is a WECM Course Number.
Prerequisite: ACCT 2301 or ACCT 2401.
Course Description: Analysis of generally accepted accounting principles, concepts, and theory underlying the preparation of financial statements. This course is cross-listed as ACNT 2403. The student may register for either ACNT 2303 or ACNT 2403 but may receive credit for only one of the two. (3 Lec.)
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ACNT 2304 (3 Credit Hours)
Offered at BHC, EFC, MVC, RLC
Intermediate Accounting II
This is a WECM Course Number.
Prerequisite: ACNT 2303 or ACNT 2403.
Course Description: Continued in-depth analysis of generally accepted accounting principles underlying the preparation of financial statements, including comparative analysis and statement of cash flows. This course is cross-listed as ACNT 2404. The student may register for either ACNT 2304 or ACNT 2404 but may receive credit for only one of the two. (3 Lec.)
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ACNT 2309 (3 Credit Hours)
Offered at BHC, ECC, MVC
Cost Accounting
This is a WECM Course Number.
Prerequisite: ACCT 2302 or ACCT 2402.
Course Description: A study of budgeting, cost analysis and cost control systems using traditional and contemporary costing methods and theories in decision making. (3 Lec.)
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ACNT 2311 (3 Credit Hours)
Offered at BHC, ECC, MVC
Managerial Accounting
This is a WECM Course Number.
Prerequisite: ACCT 2302 or ACCT 2402.
Course Description: Practical applications of accounting with emphasis on cost behavior, capital management decisions, budgeting, financial statement analysis, and income tax effects. (3 Lec.)
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ACNT 2330 (3 Credit Hours)
Offered at MVC
Governmental and Not-for-Profit Accounting
This is a WECM Course Number.
Prerequisite: ACCT 2302 or ACCT 2402
Course Description: A study of basic fund accounting and financial reporting concepts for governmental and not-for-profit entities. (3 Lec.)
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ACNT 2331 (3 Credit Hours)
Offered at MVC
Internal Control and Auditing
This is a WECM Course Number.
Prerequisite: ACNT 2303 or ACNT 2403.
Course Description: A study of internal controls, auditing standards and processes used by internal auditors, managers, and independent public accountants. (3 Lec.)
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ACNT 2332 (3 Credit Hours)
Offered at MVC
Accounting Information Systems
This is a WECM Course Number.
Prerequisite: ACCT 2302 or ACCT 2402.
Course Description: A study of the role of accounting information systems and related subsystems, including data collection, security, retrieval, manipulation, filtering and sorting of data. (3 Lec.)
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ACNT 2333 (3 Credit Hours)
Offered at MVC
Advanced Accounting
This is a WECM Course Number.
Prerequisite: ACNT 2304 or ACNT 2404.
Course Description: Methods of measuring and communicating financial information with emphasis on consolidated statements and other complex business transactions. (3 Lec.)
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ACNT 2370 (3 Credit Hours)
Offered at MVC
Financial Statement Analysis
This is a Local Need Course.
Prerequisite: ACCT 2301 and ACCT 2302.
Course Description: Analysis of corporate financial reports from a decision-maker’s perspective. Applications included credit analysis, equity valuation and financial distress, including the construction of financial statements, the meaning of accounts, ratios and other evaluation indices. The course is case-and-applications-oriented. (3 Lec.)
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ACNT 2372 (3 Credit Hours)
Offered at MVC
Advanced Auditing
This is a Local Need Course.
Prerequisite: ACNT 2331.
Course Description: Advanced-level of external auditing issues and practice. The focus is on current issues facing the auditing professions with emphasis on the challenges facing the audit practitioner in the foreseeable future. Emerging issues in auditing are identified and analyzed using audit concepts. Topics may include auditing theory and research, economic function of audits, professional standards, malpractice, securities regulation, statistical sampling and computerized auditing. Cases, readings, individual research and discussion. (3 Lec.)
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ACNT 2373 (3 Credit Hours)
Offered at MVC
International Financial Reporting
This is a Local Need Course.
Prerequisite: ACNT 2303.
Course Description: An examination of the aspects of accounting which apply to multinational business and to practice outside the United States. Topics included in the course are: patterns of accounting practice in other nations, the promulgation of international accounting standards and the harmonization of standards; accounting problems associated with multinational operations; and a comparison of auditing, corporate governance and regulation issues around the world. (3 Lec.)
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ACNT 2374 (3 Credit Hours)
Offered at MVC
Accounting Theory
This is a Local Need Course.
Prerequisite: ACNT 2304.
Course Description: An examination and analysis of Generally Accepted Accounting Principles (GAAP). The course reviews Financial Accounting Standards (FAS) in detail and includes a critical review of the research that is at the theoretical foundations of GAAP. The course involves ethic discussions, various SEC requirements and requirements arising from the Sarbanes-Oxley law, as well as in-depth discussion of the recent private sector accounting developments. In addition, the process by which the Financial Accounting Standards Board promulgates new FAS will also be analyzed (3 Lec.)
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ACNT 2375 (3 Credit Hours)
Offered at MVC
Accounting Research and Analysis
This is a Local Need Course.
Prerequisite: ACNT 1331, ACNT 1347, ACNT 2303, ACNT 2304, ACNT 2331 and ACNT 2333.
Course Description: This course is designed to give accounting majors exposure to and appreciation of various types of research that are undertaken by accounting and auditing professionals, including CPA’s, tax professionals, financial analysts and academics. Accounting research will be studied as it relates to financial accounting standards, auditing, governmental accounting and gaining understanding of a business and industry, tax research, and academic research. Students will gain experience working with professional accounting and tax research databases as well as other databases that are useful for accounting research. (3 Lec.)
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ACNT 2380 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC, RLC
Cooperative Education - Accounting
This is a WECM Course Number.
Prerequisite: ACNT 1380 and instructor approval.
Course Description: Career-related activities encountered in the student's area of specialization offered through an individualized agreement among the college, employer, and student. Under the supervision of the college and the employer, the student combines classroom learning with work experience. Includes a lecture component. (1 Lec., 20 Ext.)
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Academic Courses
Designated by the Texas Higher Education Coordinating Board for transfer among community colleges and state public four year colleges and universities as freshman and sophomore general education courses.
WECM Courses
Designated by the Texas Higher Education Coordinating Board as workforce education (technical) courses offered for credit and CEUs (Continuing Education Units). While these courses are designed to transfer among state community colleges, they are not designed to automatically transfer to public four year colleges and universities.
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