Accounting

http://www.miracosta.edu/ACCT

Accounting offers theoretical and practical courses for students planning to transfer as accounting majors, career and technical courses that lead to certificates of proficiency and achievement, and professional development courses designed to improve workplace skills. Career options in accounting include positions in the private and public sectors, tax preparation, finance and banking, business ownership, and management.

Contact Information

Chair: Tom Severance

Dean: Al Taccone

www.miracosta.edu/ACCT

Department: Business

Office: Building OC4800, 760.795.6811

Full-Time Faculty

Eric Carstensen
Michael Deschamps

Program Student Learning Outcomes (PSLOs)

The degree programs include the completion of a general education (GE) pattern of courses. The knowledge, skills, and abilities gained as a result of completing general education, referred to as GE outcomes, can be viewed here.

Accounting Associate in Arts Degree and Certificate of Achievement

PSLO: Upon completion of this program, the student will be able to successfully construct and analyze accounting information for the purposes of making business decisions.

Bookkeeping Associate in Arts Degree and Certificate of Achievement

PSLO: Upon completion of the this program, the student will be able to analyze and record business transactions using double-entry accounting as well as construct and interpret required financial statements.

Associate Degrees

Associate in Arts Degrees

Accounting

Bookkeeping

Students may earn one of the above-named associate degrees by completing a certificate of achievement and the general education courses required for MiraCosta College's Associate in Arts degree (see Associate Degrees). Students should meet with a MiraCosta counselor to identify required courses and to develop a written educational plan for the specific degree or certificate they wish to earn.

Certificates

Certificate of Achievement

Accounting

Students interested in accounting-related careers may choose the Accounting or Bookkeeping Certificate Program.

An accountant generally works without continuous supervision. He/she has full responsibility for entries to general journals, posting to general ledgers, year-end adjustments, and financial statements. An accountant often supervises one or more bookkeepers and is the primary accounting specialist in a small business. In addition to the training needed by a bookkeeper, an accountant needs extra accounting, business communication, law, income tax, and management training.

A strong demand by the community for accounting specialists provides opportunities within this field. The following courses may be taken in any sequence as long as all prerequisites are met.

Required courses: 
ACCT 101Practical Accounting4
ACCT 145Individual Income Tax3-4
or ACCT 146 Taxation of Corporations, Partnerships, Estates, and Trusts
ACCT 148Computer Accounting3
ACCT 158Business Mathematics3
ACCT 201Financial Accounting4
ACCT 202Managerial Accounting4
BUS 120Introduction to Business3
or BUS 130 Small Business Management
BUS 136Human Relations in Business3
or BUS 140 Legal Environment of Business
or BUS 140H Legal Environment of Business (Honors)
BUS 290Business Communication3
or BUS 290H Business Communication (Honors)
CSIT 110Computer Applications3
CSIT 128Microsoft Excel for Business3
Total Units36-37

Certificate of Achievement

Bookkeeping

A bookkeeper generally works under supervision. He/she makes entries in special journals, posts to subsidiary ledgers, and verifies and files source documents. Appropriate training includes accounting, business mathematics, and computer office skills.

A strong demand by the community for bookkeepers assures opportunities within this field. The following courses may be taken in any sequence as long as all prerequisites are met.

Required courses: 
ACCT 101Practical Accounting4
ACCT 148Computer Accounting3
ACCT 158Business Mathematics3
ACCT 201Financial Accounting4
CSIT 110Computer Applications3
CSIT 128Microsoft Excel for Business3
Total Units20

Certificate of Proficiency

Billing, Cost, and Accounting Assistant

This certificate introduces students to the basic components of billing, cost, and accounting functions. Most of the courses in this certificate can be applied to the Accounting and Bookkeeping Certificates of Achievement.

Required courses: 
ACCT 101Practical Accounting4
ACCT 158Business Mathematics3
One of the following:3
Computer Applications
Microsoft Excel for Business
Computer Basics I
   and Computer Basics II
Total Units10

Certificate of Proficiency

Income Tax Preparer

The Income Tax Preparer Certificate trains students to work in an entry-level assistant position with an experienced tax preparer or a commercial tax preparation service.

Required courses: 
ACCT 101Practical Accounting4
or ACCT 201 Financial Accounting
ACCT 145Individual Income Tax4
ACCT 146Taxation of Corporations, Partnerships, Estates, and Trusts3
ACCT 148Computer Accounting3
or CSIT 110 Computer Applications
Total Units14

Courses

ACCT 101: Practical Accounting

Units: 4
Prerequisites: None
Acceptable for Credit: CSU
Lecture 4 hours. (0502.00)

This course introduces students to the field of accounting. Topics include recordkeeping for sole proprietorships in service and merchandising businesses, end-of-period adjustments and the worksheet, preparation of financial statements, and the closing process. The course also covers cash receipts, disbursements and control, and payroll while emphasizing practical problems. Students are required to complete a comprehensive manual accounting simulation.

ACCT 145: Individual Income Tax

Units: 4
Prerequisites: None
Acceptable for Credit: CSU
Lecture 4 hours. (0502.10)

This course covers federal and California individual income tax preparation and planning. Topics include filing status, exemptions, income and exclusions, business expenses, itemized deductions, credits, capital gains, depreciation, tax payments, California tax, IRS and FTB, and audits. This California Tax Education Council (CTEC) approved course fulfills the 60-hour qualifying education requirement for California tax preparers and prepares students to meet the federal guidelines for paid tax preparers.

ACCT 146: Taxation of Corporations, Partnerships, Estates, and Trusts

Units: 3
Prerequisites: None
Acceptable for Credit: CSU
Lecture 3 hours. (0502.10)

This course introduces the tax issues facing corporations, partnerships, estates, and trusts. It emphasizes the U.S. tax code and regulations that relate to these entities, and it examines the transactions that most commonly affect them. This course assists students in preparing to sit for the IRS Enrolled Agent exam.

ACCT 148: Computer Accounting

Units: 3
Prerequisites: None
Advisory: ACCT 101.
Acceptable for Credit: CSU
Lecture 3 hours. (0502.00)

This course teaches students how to apply fundamental accounting concepts and principles and analyze business events using commercial business accounting software. Students enter accounting transactions, make adjustments and corrections, create and analyze financial reports, produce and compare financial statements, create a company file, calculate payroll, use advanced software features for loan and asset tracking, and make end-of-year adjustments.

ACCT 158: Business Mathematics

Units: 3
Prerequisites: None
Acceptable for Credit: CSU
Lecture 3 hours. (0502.00)

This course meets the needs of business students who wish to gain proficiency in mathematical applications used in the business world. It prepares students for the study of accounting as well as for pre-employment mathematics tests common to office employment. Applications include trade and cash discounts, markups, depreciation, interest, and trend analysis.

ACCT 201: Financial Accounting

Units: 4
Prerequisites: None
Advisory: ACCT 101.
Acceptable for Credit: CSU, UC
Lecture 4 hours. (0502.00)

This course explores what financial accounting is, why it is important, and how it is used by investors and creditors to make decisions. It covers the accounting information system and the recording and reporting of business transactions with a focus on the accounting cycle, the application of generally accepted accounting principles, the classified financial statements, and statement analysis. Topics include issues relating to asset, liability, and equity valuation, revenue and expense recognition, cash flow, internal controls, and ethics. C-ID ACCT-110.

ACCT 202: Managerial Accounting

Units: 4
Prerequisites: ACCT 201.
Acceptable for Credit: CSU, UC
Lecture 4 hours. (0502.00)

This course examines how managers use accounting information in decision-making, planning, directing operations, and controlling. It focuses on cost terms and concepts, cost behavior, cost structure, and cost-volume-profit analysis. Topics include profit planning, standard costs, operations and capital budgeting, cost control, and accounting for costs in manufacturing organizations. C-ID ACCT-120.

ACCT 292: Internship Studies

Units: 0.5-3
Prerequisites: None
Corequisite: Complete 75 hrs paid or 60 hrs non-paid work per unit.
Enrollment Limitation: Instructor, dept chair, and Career Center approval. May not enroll in any combination of cooperative work experience and/or internship studies concurrently.
Acceptable for Credit: CSU

This course provides students the opportunity to apply the theories and techniques of their discipline in an internship position in a professional setting under the instruction of a faculty-mentor and site supervisor. It introduces students to aspects of the roles and responsibilities of professionals employed in the field of study. Topics include goal-setting, employability skills development, and examination of the world of work as it relates to the student's career plans. Students must develop new learning objectives and/or intern at a new site upon each repetition. Students may not earn more than 16 units in any combination of cooperative work experience (general or occupational) and/or internship studies during community college attendance.

ACCT 299: Occupational Cooperative Work Experience

Units: 1-4
Prerequisites: None
Corequisite: Complete 75 hrs paid or 60 hrs non-paid work per unit.
Enrollment Limitation: Career Center approval. May not enroll in any combination of cooperative work experience and/or internship studies concurrently.
Acceptable for Credit: CSU

Cooperative Work Experience is intended for students who are employed in a job directly related to their major. It allows such students the opportunity to apply the theories and skills of their discipline to their position and to undertake new responsibilities and learn new skills at work. Topics include goal-setting, employability skills development, and examination of the world of work as it relates to the student's career plans. Students may not earn more than 16 units in any combination of cooperative work experience (general or occupational) and/or internship studies during community college attendance.