Accounting AAS, Associate of Applied Science
The program provides basic accounting knowledge to students planning to enter the profession at a junior level in business and/or government. To achieve this goal, students will develop proficiency in accumulating, recording, classifying and interpreting financial data for an economic entity. In addition to preparing/maintaining accounting records from the date of the original transaction through a full accounting cycle, students will learn the theory and practice of statement preparation and presentation. Other areas in which students will become proficient include: the why and how of accounting systems, professionally established accepted principles, journal transactions, and accrual versus cash. Managerial concerns are addressed extensively: cash flow, taxes, budgets, balance sheet and income statement relationships, analysis of changes in assets/revenues/expenses, and the use of standard costs for planning and control.
Each accounting area is examined in the context of different organizational forms (corporations, partnerships, and sole proprietorships) as well as differences and similarities between manual and computer-based accounting systems. To provide crucial career skills, microcomputers and software such as electronic spreadsheets and general ledger packages are used in the program. In addition, a strong emphasis is placed on demonstrating proficiency in the essential skill areas of reading, writing, mathematics, verbal communication, critical thinking, and personal growth. This program will introduce courses in other program areas such as social science, humanities and arts, physical science and mathematics.
This program is accredited by the Accreditation Council for Business Schools and Programs (ACBSP). The attainment of this accreditation certifies that the teaching and learning processes within the Business Studies Department meet the rigorous educational standards established by the ACBSP.
Upon successful completion of this degree, students will be able to:
- competently demonstrate substantive knowledge in accounting sufficient for further study and demonstrate competencies required by employers to be hired and succeed in the workplace;
- competently prepare and execute written and oral communication with objectivity, conciseness, and clarity;
- competently perform basic computational/arithmetic operations and basic problem-solving skills required in financial and managerial accounting and demonstrate competence in applied analytical skills;
- competently analyze given accounting, business, and/or economic information in a contextually specific situation and communicate newly created ideas, concepts, or constructs based on their analysis; and
- competently apply knowledge and skills of civic engagement.