2020-2021 Catalog
All provisions within this catalog are subject to change without notice. If you have questions or comments, please contact admissions@gfcmsu.edu.
Accounting
Associate of Applied Science Degree
Program Director: Kerry Dolan
This program is offered completely on-line - discuss options with your advisor.
Accounting involves the preparation of financial records that are a critical part of efficient and effective business operations. The GFC MSU Accounting program covers a wide range of topics related to the accounting field including a study of general business, individual income tax, payroll, and technology. Upon completion of this program students are prepared to work at public, private, or governmental organizations in a variety of positions including accounting clerk, bookkeeper, payroll technician, and tax preparer.
Graduates are prepared to:
- Prepare and interpret financial records for a business while applying generally accepted accounting principles and industry standards.
- Identify and explain common internal controls necessary in business organizations.
- Use computerized accounting software.
- Communicate professionally, both orally and in writing.
- Compute payrolls and prepare basic federal and state payroll tax forms.
- Prepare basic income tax returns for individuals and businesses.
- Analyze the legal, ethical, and practical implications of business decisions.
Estimated Resident Program Cost*
| Description | Costs |
|---|---|
| Tuition and Fees | $6,900 |
| Application Fee | $30 |
| Books/Supplies | $2,757 |
| Total | $9,686 |
*
Fall 2020 MUS Student Health Insurance Premiums will be changing. Please check the Health Insurance website and/or Student Central for confirmed premium rates. Students will be charged an additional fee of $21 per credit for online/hybrid courses.
| First Year | ||
|---|---|---|
| Fall | Credits | |
| ACTG 101 | Accounting Procedures I **,+ | 3 |
| BGEN 105 | Introduction to Business + | 3 |
| CAPP 131 | Basic MS Office + | 3 |
| Select one of the following: | ||
| M 105 | Contemporary Mathematics **,+ | 3 |
| M 121 | College Algebra **,+ | 3 |
| Select one of the following: | ||
| WRIT 101 | College Writing I **,+ | 3 |
| WRIT 121 | Intro to Technical Writing **,+ | 3 |
| Credits | 15 | |
| First Year | ||
|---|---|---|
| Spring | ||
| ACTG 102 | Accounting Procedures II *,**,+ | 3 |
| ACTG 180 | Payroll Accounting *,**,+ | 3 |
| CAPP 156 | MS Excel *,+ | 3 |
| Electives | 6 | |
| Credits | 15 | |
| Second Year | ||
|---|---|---|
| Fall | ||
| ACTG 201 | Principles of Fin Acct *,**,+ | 3 |
| ACTG 211 | Income Tax Fundamentals *,+ | 3 |
| BGEN 235 | Business Law *,+ | 3 |
| COMX 115 | Intro to Interpersonal Communc + | 3 |
| Electives | 3 | |
| Credits | 15 | |
| Second Year | ||
|---|---|---|
| Spring | ||
| ACTG 202 | Principles of Mang Acct *,**,+ | 3 |
| ACTG 205 | Computerized Accounting *,+ | 3 |
| ACTG 215 | Foundations of Government & Not for Profit Accounting *,+ | 3 |
| WRIT 220 | Business & Prof Writing *,+ | 3 |
| Electives | 3 | |
| Credits | 15 | |
| Total Credits | 60 | |
| Code | Course | Credits |
|---|---|---|
| Code | Title | Credits |
| Suggested Electives | ||
|---|---|---|
| Code | Course | Credits |
| ACTG 291 | Special Topics: Accounting * | 1-3 |
| ACTG 298 | Internship * | 1-6 |
| BGEN 220 | Business Ethics and Social Responsibility | 3 |
| CAPP 158 | MS Access * | 3 |
| CAPP 266 | Advanced MS Excel Applications * | 3 |
| CSCI 100 | Intro to Programming * | 3 |
| ECNS 201 | Principles of Microeconomics | 3 |
| ECNS 202 | Principles of Macroeconomics | 3 |
| STAT 216 | Introduction to Statistics ** | 4 |
| OR other courses with advisor approval | ||
*
Indicates prerequisites needed.
**
Placement in course(s) is determined by placement assessment.
+
A grade of C- or above is required for graduation.