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Accounting

The Accounting curriculum leads to an Associate in Applied Science (A.A.S.) degree. Students receive training in accounting theory and generally accepted accounting techniques, as well as in basic management and related fields. Students are prepared for a variety of careers in both industry and government, including positions such as junior accountant, accounting trainee, accounts receivable or accounts payable technician, or tax examiner.

Student Learning Outcomes:
Upon completion of the Accounting curriculum, the student will be able to:

  • Demonstrate an understanding of financial statements prepared according to Generally Accepted Accounting Principles (GAAP), prepare journal entries and complete the accounting cycle using computerized general ledger software.
  • Demonstrate an understanding of managerial and cost accounting concepts.
  • Analyze and interpret financial statements for economic decision-making.
  • Effectively communicate with users of financial information orally and in writing.

Program Entry Requirements:
The program is open to interested students. However, all new students are normally required to take the College's placement tests at their time of entry. Students identified as needing developmental course work must satisfactorily complete the appropriate English and mathematics courses as a part of their degree program.

Program Of Study And Graduation Requirements:
A minimum of 62 credits and a grade point average of 2.0 ("C" average) are required for graduation.

Accounting Course Sequence

Course Number and Name Prerequisites and Corequisites Credits Gen Ed Req.

First Semester

ACCT 101 - Financial Accounting   4 credits  
ECON 181 - Principles of Economics (Macroeconomics)   3 credits  
ENGL 101 - English Composition I   3 credits ENGL 101
MATH 151 - Linear Mathematics or MATH 118 with a "C" or better OR MATH 161 or higher placement 3 credits Mathematics
MATH 161 - Precalculus I or MATH 118 with a "C" or better OR MATH 161 or higher placement    
MATH 162 - Precalculus II or MATH 161 with a "C" or better OR MATH 162 or higher placement    
MATH 171 - Calculus I MATH 162 with a "C" or better OR MATH 171 placement    
MNGT 121 - Introduction to Business   3 credits  

Second Semester

ACCT 102 - Managerial Accounting ACCT 101 with a grade of "C" or better 3 credits  
ENGL 102 - The Research Paper ENGL 101 with a grade of "C" or better 3 credits ENGL 102, Info Lit
ECON 182 - Principles of Economics (Microeconomics)   3 credits  
ACCT 103 - Microcomputers in Accounting ACCT 101 with a grade of "C" or better 3 credits  
MNGT 141 - Principles of Management Pre- or Corequisite: MNGT 121 3 credits  

Third Semester

ACCT 201 - Intermediate Accounting I ACCT 101 3 credits  
Humanities Elective   3 credits Humanities
ECON 112 - Statistics I MATH 118 or higher than Math 118 on placement test 4 credits  
Social Science Elective   3 credits Social Sciences
CIS 103 - Applied Computer Technology   3 credits Tech Comp

Fourth Semester

ACCT 202 - Intermediate Accounting II ACCT 201 3 credits  
Accounting Elective (choose one of the following):   3 credits  
ACCT 203 - Cost Accounting ACCT 102    
ACCT 208 - Tax Accounting or      
ACCT 215 - Nonprofit Accounting or ACCT 102 or ACCT 101 and department approval    
ACCT 206 - Auditing or ACCT 201    
ACCT 250 - Advanced Accounting ACCT 202    
ECON 114 - Statistics II ECON 112 3 credits  
Science Elective   3 or 4 credits Natural Science
MNGT 262 - Business Law   3 credits  

Minimum Credits Needed to Graduate: 62

General Education Requirements
All General Education requirements are met through required courses (as indicated above) except for the Writing Intensive requirement, the Interpretive Studies requirement, and the American/Global Diversity requirement. Therefore, in order to graduate, students in this program must choose one course that is designated Writing Intensive, one course that is designated Interpretive Studies, and one course that is designated American/Global Diversity. The same course may be used to fulfill several requirements. View the courses that fulfill all degree requirements and receive a more detailed explanation of the College's general education requirements to help in your selection.

* Students who enter the College at the MATH 161 level or higher can complete this program in 62 credits. Students who enter the College at a lower level on the Math placement exam will need to take MATH 118 - Intermediate Algebra and thus will need 65 credits to graduate.

For More Information Contact:
The Division of Business and Technology, Room C1-9, 1700 Spring Garden Street, Philadelphia, PA 19130, Telephone (215) 496-6164; or the College Information Center (215) 751-8010.