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: 2022 Summer

First Year
First Semester

COREBUS-095

Credit Hours: 3.00

COREBUS-142

Credit Hours: 3.00

CORECIS-160

Credit Hours: 3.00

GENBUS-094

-OR-
Credit Hours: 3.00

First Year
Second Semester

COREBUS-151

Credit Hours: 3.00

COREBUS-200

-OR-
Credit Hours: 3.00

COREBUS-096

-OR-
-OR-
-OR-

GENECO-130

-OR-
Credit Hours: 3.00

ELE--- ---

Credit Hours: 3.00

First Year
Summer Term

COREBUS-096

-OR-
-OR-
-OR-

FIRST YEAR
First Semester			Hours
CORE	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
GEN	BUS-094	Business Math BUS-094 Business Math Covers basic applications of mathematics in the business world - fractions, decimals, percentages, elementary algebra, banking, buying and selling, payroll and interest. It is designed to reinforce and expand business concepts through the use of mathematics. Course Outline OR
GEN	MAT-116	General Education Math MAT-116 General Education Math Survey of mathematical topics with emphasis on solutions to real life problems. Topics will include set theory, consumer/financial math, measurement, and statistics. Problem solving projects involving detailed written solutions will be required. Calculators and computers will be used. Course Outline *	3.0
CORE	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
CORE	CIS-160	Practical Software Applications CIS-160 Practical Software Applications 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
	Semester Totals		12.0
Second Semester
CORE	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
CORE	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
CORE	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
GEN	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 types and structure of competition, fiscal and monetary policy and international economic problems. Course Outline OR
GEN	ECO-231	Principles of Economics I (Macro) ECO-231 Principles of Economics 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
CORE	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 OR
CORE	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 * OR
CORE	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 * OR
CORE	BUS-099	Computerized Accounting BUS-099 Computerized Accounting A capstone course that 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 * OR
CORE	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
ELE	--- ---	BUS or CIS Elective --- --- BUS or CIS Elective	3.0
	Semester Totals		15.0
Summer Term
CORE	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 OR
CORE	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 * OR
CORE	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 * OR
CORE	BUS-099	Computerized Accounting BUS-099 Computerized Accounting A capstone course that 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 * OR
CORE	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
	Semester Totals		3.0

Total Program Hours

30.0

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

Faculty Contact: Rachel M. Young234-5258

* There are prerequisites, corequisites, or minimum placement test scores for this course.
** Consult Academic Advisor for appropriate course
FA Course only offered fall semester
SP Course only offered spring semester
SU Course offered in summer term only

Accounting (CRT.ACC)

Extra Resources

Catalog Term Year: 2022 Summer

First YearFirst Semester

First YearSecond Semester

First YearSummer Term

Semester Totals

Semester Totals

Semester Totals

Total Program Hours

First Year
First Semester

First Year
Second Semester

First Year
Summer Term