Alice Lloyd College

Accounting Courses

ACC 201: Principles of Accounting I

Prerequisite: MATH 112, 113 or higher

Offered: Fall

An introduction to accounting concepts and principles involved in the preparation of financial reports for internal and external use.

3 credit hours

ACC 201: Principles of Accounting II

Prerequisite: ACC 201

Offered: Spring

An introduction to the analysis and interpretation of accounting data and its use in management planning and control.

3 credit hours

ACC 301-302: Intermediate Accounting I-II

Prerequisite: Pre-Business Curriculum

Offered: ACC 301 – Fall; ACC 302 – Spring

Detailed study of the theory of accounts and the techniques of accounting; balance sheet accounts and problems of recording, tracing and valuation; revenue recognition and income determination under the various theories of recognition.

Each course is 3 credit hours.

ACC 303: Cost Accounting

Prerequisite: BUS/ACC Curriculum

Offered: Spring

Concepts of cost in developing information for management use in the determination of income, the selections of activities or projects, and the measurement of performance.

3 credit hours

ACC 304: Income Taxation

Prerequisite: Pre-BUS Curriculum

Offered: Fall

Introduction to federal income tax law as it relates to planning to minimize income taxes for individuals, corporations, and partnerships. Includes preparation of individual tax returns utilizing such planning.

3 credit hours

ACC 305: Governmental and Nonprofit Accounting

Prerequisite: Pre-BUS Curriculum

Offered: Fall, as needed

A study of accounting and reporting principles, standards, and procedures applicable to governmental and other non-profit organizations.

3 credit hours

ACC 401: Auditing

Prerequisite: ACC 301, 302

Offered: Fall

A study of the practical application of accounting knowledge to the problems of auditing and a study of the installation, use and effect of systems, of internal control.

3 credit hours

ACC 410: Advanced Accounting

Prerequisites: ACC 301, 302

Offered: Spring, as needed

A study of partnerships, business combinations, consolidated financial statements, fund accounting and other contemporary accounting issues.

3 credit hours

ACC 460: Accounting Information Systems

Prerequisite: Pre-Bus curriculum

Offered: Fall, as needed

Accounting information Systems is concerned with the way computerized information systems impact how accounting data is captured, processed, and communicated. The course introduces the student to the people, technology, procedures, and controls that are necessary to conduct internal and external e-business with an emphasis on the internal controls over such systems. Students will be introduced to computerized accounting packages and will utilize information to make decisions.

3 credit hours

ACC 461-469: Special Topics in Accounting

Prerequisite: Junior status

Offered: As needed

Elective courses may be offered as special topics in accounting on an occasional basis depending on the availability and interest of students and faculty.

3 credit hours

ACC 470: Accounting Internship

Prerequisite: Must be a full-time student with a Business Administration major the semester prior to the one in which the internship will be accomplished. Must have completed the Pre-Bus curriculum and have junior or senior status.

Offered: As needed

Students are placed with cooperating institutions and are jointly supervised by a work supervisor and a faculty member. Specified academic and work requirements are stated in a learning work agreement.

1-3 credit hours

ACC 475: Accounting Independent Study

Prerequisite: Junior or senior status and consent of instructor

Offered: As needed

Students have an opportunity to supplement formal course offerings with Independent Study. This must be arranged with the Faculty Advisor and must be in compliance with the College requirements for Independent Study.

1-3 credit hours

ACC 488: Readings and Research in Accounting

Prerequisite: Business Administration major with senior status

Offered: Fall

An intense study of the research process, which moves the student sequentially from a general topic, to formulating a thesis, to the final draft of a comprehensive research project. The instructor will guide the student through planning, organizing, researching and drafting an accounting related research report that sets forth a problem and offers a convincing solution. Students will make presentations on their readings and research throughout the semester culminating in a major formal presentation of their work.

3 credit hours







Upcoming Events

  • Convocation: Brooke Radnor
    February 9, 2016 @ 1:00 pm Event Details >>
  • Women's Basketball vs Rio Grande University
    February 11, 2016 @ 5:30 pm Event Details >>
  • Men's Basketball vs Rio Grande University
    February 11, 2016 @ 7:30 pm Event Details >>
  • Women's Basketball @ Welch College
    February 13, 2016 @ N/A Event Details >>
  • Men's Basketball vs Wilberforce University
    February 13, 2016 @ 4:00 pm Event Details >>


February 2016
Sunday Monday Tuesday Wednesday Thursday Friday Saturday
January 31, 2016

Women's Basketball @ Indiana University Kokomo

Men's Basketball @ Indiana University Kokomo

February 1, 2016 February 2, 2016

ALC Blood Drive

Convocation: Blood Drive - Community Service

Convocation: Nick Jamerson

Women's Basketball vs Midway

February 3, 2016 February 4, 2016 February 5, 2016 February 6, 2016

Men's Basketball @ West Virginia Tech University

Women's Basketball @ West Virginia Tech University

February 7, 2016 February 8, 2016 February 9, 2016

Convocation: Brooke Radnor

February 10, 2016 February 11, 2016

Women's Basketball vs Rio Grande University

Men's Basketball vs Rio Grande University

February 12, 2016 February 13, 2016

Women's Basketball @ Welch College

Men's Basketball vs Wilberforce University

February 14, 2016 February 15, 2016

Global Awareness Week

February 16, 2016

Global Awareness Week

Men's Basketball vs Indiana University East

February 17, 2016

Global Awareness Week

February 18, 2016

Global Awareness Week

February 19, 2016

Global Awareness Week

February 20, 2016

Women's Basketball vs Ohio Christian University

Men's Basketball vs Ohio Christian University

February 21, 2016 February 22, 2016 February 23, 2016 February 24, 2016 February 25, 2016

JBS 3rd Quarter Grades Due

February 26, 2016 February 27, 2016
February 28, 2016 February 29, 2016 March 1, 2016

Convocation: Elizabeth Lawson

March 2, 2016 March 3, 2016 March 4, 2016

ALC Midterm Grades Due

March 5, 2016