Academic Programs

Accounting (CRT.ACC)

The certificate in Accounting program prepares students to provide technical administrative support to professional accountants and other financial management personnel. All courses satisfactorily completed in this certificate program will apply to the associate in applied science degree with a major in accounting.

Program requirements may change over time. Specific degree/graduation requirements are determined by a degree audit.

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Catalog Term Year:

View As:

First Year
First Semester

BUS-095

Credit Hours: 3.00

BUS-094

-OR-
Credit Hours: 3.00

BUS-142

Credit Hours: 3.00

CIS-160

Credit Hours: 3.00

BUS-141

-OR-
Credit Hours: 3.00

First Year
Second Semester

BUS-151

Credit Hours: 3.00

Credit Hours: 3.00

BUS-200

-OR-
Credit Hours: 3.00

ECO-130

-OR-
Credit Hours: 3.00

-OR-
Credit Hours: 2.00

First Year
Summer Term

Credit Hours: 3.00

FIRST YEAR
First Semester			Hours
	BUS-095	Fundamentals of Accounting BUS-095 Fundamentals of Accounting An introduction to basic accounting principles and techniques designed to give the student a general knowledge of accounting practices and terminology. Students will work through the accounting cycle for both a service and retail business. Course Outline	3.0
	BUS-094	Business Math BUS-094 Business Math Covers basic applications of mathematics in the business world percentages, elementary algebra, purchasing, selling, interest, future value, present value, etc. It is designed to reinforce and expand business concepts held by the student through the use of mathematics. Course Outline OR
	MAT ---	Math Elective 100 level or higher MAT --- Math Elective 100 level or higher *	3.0
	BUS-142	Introduction to Business BUS-142 Introduction to Business Covers the objectives, organization, and role of business in the free-enterprise system. The course is designed to provide an overview of the field of business and to provide a framework into which specialized fields may be studied. Course Outline	3.0
	CIS-160	Practical Software Application CIS-160 Practical Software Application Provides an opportunity for students to learn computer concepts and to use word processing, spreadsheet, database management, and presentation software. (Repeatable 3 Times) Course Outline	3.0
	BUS-141	Business Communications BUS-141 Business Communications Provides students practical strategies for improving written and oral communication, including employment communication, in business settings. Course Outline OR
	ENG	English Elective ENG English Elective	3.0
	Semester Totals		15.0
Second Semester
	BUS-151	Financial Accounting BUS-151 Financial Accounting A study of the financial statements, the accounting process and the principles and procedures underlying items on the financial statements. Course Outline *	3.0
	BUS ---	Accounting Elective BUS --- Accounting Elective	3.0
	BUS-200	Legal Environ/Business BUS-200 Legal Environ/Business An introduction to legal systems and law, especially the U.S. legal system. Business-legal relationships in the areas of criminal law, torts, product liability, and contracts are examined. Consumer, labor, and environmental law are studied. Course Outline OR
	BUS-251	Principles of Management BUS-251 Principles of Management Provides an overview of how managers utilize planning, organization, leadership, and control in order to ensure that a firm achieves its goals in the most efficient way possible. Course Outline	3.0
	ECO-130	The American Economy ECO-130 The American Economy Combines Macroeconomics and Microeconomics and focuses on basic supply and demand analysis, national income accounting, business cycles, inflation, unemployment, fiscal and monetary policy, and international economic problems. Course Outline OR
	ECO-231	Principles of Econ I (Macro) ECO-231 Principles of Econ I (Macro) Focuses on the nature and method of economics, basic supply and demand analysis, national income accounting, business cycles, inflation and unemployment, fiscal policy, money and banking, and monetary policy. Course Outline	3.0
	BUS ---	Business Elective BUS --- Business Elective OR
	CIS ---	CIS Elective CIS --- CIS Elective	2.0
	Semester Totals		14.0
Summer Term
	BUS ---	Accounting Elective BUS --- Accounting Elective	3.0
	Semester Totals		3.0

Total Program Hours

32.0

Suggested Electives
BUS-096	Federal Tax Accounting BUS-096 Federal Tax Accounting Focuses on a practical study of the fundamentals of taxation and the current federal revenue act as it relates to individuals. Course Outline	3.0
BUS-097	Principles of Cost Accounting BUS-097 Principles of Cost Accounting A study of job order, process and standard cost systems and management's uses of cost information for planning and control. Course Outline *	3.0
BUS-098	Intermediate Accounting BUS-098 Intermediate Accounting Provides an in-depth study of accounting theory and current practice. Includes the development of accounting theory, the format and content of the financial statements, and emphasizes revenue recognition and assets. Course Outline *	3.0
BUS-099	Computerized Accounting BUS-099 Computerized Accounting A capstone course which reinforces financial accounting concepts and procedures through the use of personal computers and popular commercial software. A comprehensive study of computerized accounting systems in both service and merchandising environments. Course Outline *	3.0
BUS-152	Managerial Accounting BUS-152 Managerial Accounting Examines managerial accounting concepts including cost classification, job order and process cost systems, cost-volume-profit analysis, absorption and variable costing, budgeting, standard costs, variance analysis, relevant costs for decision-making, activity-based costing, and capital budgeting. Course Outline *	3.0

Call Counseling Services: 217-234-5232
Email: counsel@lakelandcollege.edu

Faculty Contact: Cindy Phipps
Faculty Email: cphipps@lakelandcollege.edu
Faculty Phone: 217-234-5350

* There are prerequisites, course requisites, or minimum placement test scores for this course.
** Electives must be approved by the Program Coordinator
+ Course only offered fall semester
++ Course only offered spring and summer semester
+++ Course only offered spring semester
++++ Course offered in summer term only
^ SOS 050 Human Relations and PSY 271 Introduction to Psychology cannot be used as a social science elective
^^ Consult Academic Advisor for appropriate course
^^^ Course requires a 30-hour practicum experience in addition to classroom lecture hours
^^^^ ECE 120 and ECE 125 must be taken the same semester

Suggested Electives
BUS-096	Federal Tax Accounting BUS-096 Federal Tax Accounting Focuses on a practical study of the fundamentals of taxation and the current federal revenue act as it relates to individuals. Course Outline	3.0
BUS-097	Principles of Cost Accounting BUS-097 Principles of Cost Accounting A study of job order, process and standard cost systems and management's uses of cost information for planning and control. Course Outline *	3.0
BUS-098	Intermediate Accounting BUS-098 Intermediate Accounting Provides an in-depth study of accounting theory and current practice. Includes the development of accounting theory, the format and content of the financial statements, and emphasizes revenue recognition and assets. Course Outline *	3.0
BUS-099	Computerized Accounting BUS-099 Computerized Accounting A capstone course which reinforces financial accounting concepts and procedures through the use of personal computers and popular commercial software. A comprehensive study of computerized accounting systems in both service and merchandising environments. Course Outline *	3.0
BUS-152	Managerial Accounting BUS-152 Managerial Accounting Examines managerial accounting concepts including cost classification, job order and process cost systems, cost-volume-profit analysis, absorption and variable costing, budgeting, standard costs, variance analysis, relevant costs for decision-making, activity-based costing, and capital budgeting. Course Outline *	3.0

Suggested Electives
BUS-096	Federal Tax Accounting BUS-096 Federal Tax Accounting Focuses on a practical study of the fundamentals of taxation and the current federal revenue act as it relates to individuals. Course Outline	3.0
BUS-097	Principles of Cost Accounting BUS-097 Principles of Cost Accounting A study of job order, process and standard cost systems and management's uses of cost information for planning and control. Course Outline *	3.0
BUS-098	Intermediate Accounting BUS-098 Intermediate Accounting Provides an in-depth study of accounting theory and current practice. Includes the development of accounting theory, the format and content of the financial statements, and emphasizes revenue recognition and assets. Course Outline *	3.0
BUS-099	Computerized Accounting BUS-099 Computerized Accounting A capstone course which reinforces financial accounting concepts and procedures through the use of personal computers and popular commercial software. A comprehensive study of computerized accounting systems in both service and merchandising environments. Course Outline *	3.0
BUS-152	Managerial Accounting BUS-152 Managerial Accounting Examines managerial accounting concepts including cost classification, job order and process cost systems, cost-volume-profit analysis, absorption and variable costing, budgeting, standard costs, variance analysis, relevant costs for decision-making, activity-based costing, and capital budgeting. Course Outline *	3.0

Accounting (CRT.ACC)

Catalog Term Year:

First YearFirst Semester

First YearSecond Semester

First YearSummer Term

BUS-095Fundamentals of Accounting

BUS-094Business Math

MAT ---Math Elective 100 level or higher

BUS-142Introduction to Business

CIS-160Practical Software Application

BUS-141Business Communications

ENGEnglish Elective

Semester Totals

BUS-151Financial Accounting

BUS ---Accounting Elective

BUS-200Legal Environ/Business

BUS-251Principles of Management

ECO-130The American Economy

ECO-231Principles of Econ I (Macro)

BUS ---Business Elective

CIS ---CIS Elective

Semester Totals

BUS ---Accounting Elective

Semester Totals

Total Program Hours

BUS-096Federal Tax Accounting

BUS-097Principles of Cost Accounting

BUS-098Intermediate Accounting

BUS-099Computerized Accounting

BUS-152Managerial Accounting

BUS-096Federal Tax Accounting

BUS-097Principles of Cost Accounting

BUS-098Intermediate Accounting

BUS-099Computerized Accounting

BUS-152Managerial Accounting

BUS-096Federal Tax Accounting

BUS-097Principles of Cost Accounting

BUS-098Intermediate Accounting

BUS-099Computerized Accounting

BUS-152Managerial Accounting

First Year
First Semester

First Year
Second Semester

First Year
Summer Term

BUS-095
Fundamentals of Accounting

BUS-094
Business Math

MAT ---
Math Elective 100 level or higher

BUS-142
Introduction to Business

CIS-160
Practical Software Application

BUS-141
Business Communications

ENG
English Elective

BUS-151
Financial Accounting

BUS ---
Accounting Elective

BUS-200
Legal Environ/Business

BUS-251
Principles of Management

ECO-130
The American Economy

ECO-231
Principles of Econ I (Macro)

BUS ---
Business Elective

CIS ---
CIS Elective

BUS ---
Accounting Elective

BUS-096
Federal Tax Accounting

BUS-097
Principles of Cost Accounting

BUS-098
Intermediate Accounting

BUS-099
Computerized Accounting

BUS-152
Managerial Accounting

BUS-096
Federal Tax Accounting

BUS-097
Principles of Cost Accounting

BUS-098
Intermediate Accounting

BUS-099
Computerized Accounting

BUS-152
Managerial Accounting

BUS-096
Federal Tax Accounting

BUS-097
Principles of Cost Accounting

BUS-098
Intermediate Accounting

BUS-099
Computerized Accounting

BUS-152
Managerial Accounting