In this course students analyze both managerial and

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In this course, students analyze both managerial and costaccounting, with emphasis on cost and non-cost systems;types of cost; elements of cost; cost behavior; variances forlabor, materials, and overhead; indirect expenses; allocationof cost to by-products; and standard cost and budgets.12 Auditing(3) CSUPrerequisite: Accounting 2 .LECTURE, 3 HOURS.In this course, students study the principles of auditing andthe techniques used in conducting an independent auditincluding an exploration of the requisite skills and knowledgeneeded to conduct an independent audit of financial state-ments. Practice is given in the preparation of audit workingpapers and audit reports.15 Tax Accounting I(3) CSULECTURE, 3 HOURS.In this course, students are provided with a basic understand-ing of the federal income tax process, federal income tax lawsthat apply to individuals, and the application of tax principlesto specific problems. Topics include gross income and exclu-sions, business deductions and itemized deductions, losses,certain tax credits and property transactions.16 Tax Accounting II(3) CSUPrerequisite: Accounting 1 or Accounting 21 and Accounting 22 .LECTURE, 3 HOURS.This course continues the study of Federal Income Taxesand the analysis of laws as well as consideration of appro-priate accounting procedures and preparation of reports andreturns as they apply to partnerships, limited liability compa-nies, corporations, and S corporations.17 Payroll Accounting(2) CSUPrerequisite: Accounting 1 or Accounting 21 .LECTURE, 2 HOURS.This course provides students with the knowledge of all fun-damental activities of a complete payroll system from man-ual to current automated systems, including Social Securitybenefits, taxes, payroll laws and regulations, and the abilityto process an organization’s payroll.19 Ethics for Accounting Professionals(3)LECTURE, 3 HOURS.This course is a survey and study of ethics in business andaccounting areas including the study of moral values, per-sonal integrity, professional accountability, business legit-imacy, equity and fairness. This course also includes thestudy of the Sarbanes-Oxley Act, Codes of conduct, Circular230, and case analysis.21 Bookkeeping and Accounting I(3) UC:CSULECTURE, 3 HOURS.Note: Accounting 21 plus 22 are equivalent to Accounting 1 . Maxi-mum UC Credit is 5 units . Both Accounting 21 and 22 must be takenfor credit to be given .This course is the equivalent of the first half of Accounting1. The course covers the accounting information system,including recording and reporting of business transactionswith a focus on the accounting cycle, the application of gen-erally accepted accounting principles, financial statements,
Business Administration Department180EAST LOS ANGELES COLLEGE |GENERAL CATALOG| 2018 – 2019and statement analysis. It includes issues relating to asset,revenue and expense recognition, internal controls, bankreconciliation, inventory valuation, and ethics.

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Term
Spring
Professor
NoProfessor
Tags
Academic degree, Bachelor s degree, Associate s degree, Associate of Arts

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