ACC 118 - Professional Bookkeeping

Institution:

Montgomery County Community College

Subject:

Accounting

Description:

Students will expand literacy and skills in the application of the basic principles covered in Financial Accounting (ACC115). Course topics include and emphasis placed on the specialized applications of the principles of financial accounting including adjusting journal entries, depreciation, inventory cost flow methods, correction of accounting errors, internal controls and fraud prevention. Using accounting software, students will create a company file, enter transaction data, generate management reports and financial statements, and complete the year end closing process. Spreadsheet technology will be used to prepare reports and perform data analytics. This course, in conjunction with Payroll Accounting (ACC117) is designed to prepare students for national certification exams and to obtain a certified bookkeeper designation.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.mc3.edu

Phone Number:

(215) 641-6300

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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