Program Code: AASAC
ASSOCIATE IN APPLIED ARTS AND SCIENCE DEGREE
The Accounting degree prepares students for positions in the field of accounting. It prepares them to obtain accounting jobs in bookkeeping, tax preparation, accounts payable, accounts receivable, payroll, general ledger processing, and managerial accounting. The program combines an in-depth study of accounting concepts with applying the principles in a business context.
Students completing this course of study will be able to complete the accounting cycle for service, merchandising, and manufacturing firms that are sole proprietorships, partnerships, or corporations. Students will also be able to analyze and interpret financial data, assist in budgeting, support financial decision-making, and complete payroll-related transactions. Additionally, they can complete a complex individual tax return with supporting schedules and gain experience utilizing computerized general ledger software and spreadsheets to complete accounting tasks.
NOTE: Students wishing to transfer should follow the Business Transfer program and call the Business and Information Technologies business discipline at (810) 989-5575 or contact an academic advisor at (810) 989-5520 for guidance and details relating to transfer information specific to each college/university.
PROGRAM OUTCOMES/OBJECTIVES:
When students complete this program, they will be able to:
- apply double-entry accounting bookkeeping concepts and prepare financial statements.
- complete an accounting cycle using a computerized accounting software package.
- interpret and apply payroll laws and regulations.
- demonstrate understanding of cost accounting terminology and methods.
- apply managerial accounting concepts to making business decisions.
- prepare a complex individual tax form with supporting schedules.
- use spreadsheet applications for financial calculations and modeling.
- demonstrate an understanding of the economic and legal environment in business.
- demonstrate the ability to communicate effectively.
