ACC 199 - Accounting Practicum

This is an archived copy of the 2020-2021 catalog. To access the most recent version of the catalog, please visit https://catalog.nmc.edu.

Course Description

This course expands upon previously learned computerized general ledger accounting. Focuses on developing skills for application through the continued use of accounting software; including chart of accounts, journal entries, sales/receivables, expenses/accounts payable, payroll, and automated general ledger. Various projects are used and integrated to guide students through the accounting cycle including financial statements and a variety of special reports. Special emphasis is placed upon the preparation, interpretation, evaluation, and forecasting of financial information. This course requires students to have an electronic device capable of processing QuickBooks as well as spreadsheet software. Students are required to bring their own device to class. Group 2 course.

Credit Hours

3

Contact Hours

3

Lecture Hours

3

Required Prerequisites

ACC 123, CIT 210, CIT 216

General Education Outcomes supported by this course

Quantitative Reasoning

Course Learning Outcomes

Knowledge:
  • Identify basic accounting information found in real life situations.
Application:
  • Use accounting concepts and skills found in real life situations.
Integration:
  • Evaluate various real life scenarios using accounting knowledge, concepts, and skills.
Human Dimension:
  • Identify patterns in their own developing accounting knowledge.
Caring - Civic Learning:
  • Engage in ethical decision making regarding accounting.
Learning How to Learn:
  • Reflect on their own developing accounting knowledge regarding future career options.