NHCC | North Hennepin Community College

Course Descriptions

ACCT 1000    Small Business Accounting     Credits  4         Goal Areas  n/a     View Course Outline

This course is for the student who wants to understand and practice accounting in a small business environment. Topics include: assets, liabilities, equity, revenue, expenses, accruals, deferrals, preparation/analysis of financial statements, fixed assets and cash control. This course does not transfer to four-year colleges.



ACCT 1990    Accounting Special Topics     Credits  1-4         Goal Areas  n/a     View Course Outline

This course will provide flexibility in offering an in-depth review of topics of immediate importance and topical interest. These topics will go beyond the introductory courses in examining specific aspects of the subject matter.



ACCT 2100    The Accounting Cycle     Credits  1         Goal Areas  n/a     View Course Outline

The purpose of this course is to provide the beginning accounting student a basic understanding of the "Debit & Credit" concept along with a basic understanding of assets, liabilities, owners equity, deferrals, accruals and basic financial statement preparation.



ACCT 2111    Financial Accounting     Credits  4         Goal Areas  n/a     View Course Outline

This course is a study of the accounting principles and concepts used to understand and develop financial statements. Topics include accruals and deferrals, revenues, expenses, assets, equities, and cash flows. The course will analyze current industry financial statements from the point of view of investors and creditors for profitability, liquidity and risk.



ACCT 2112    Managerial Accounting     Credits  4         Goal Areas  n/a     View Course Outline

Managerial accounting consists of analyzing and preparing reports for internal use in the company's management decision-making process. This course will cover job costing, budgeting, break-even and cost variance analysis, evaluation of several types of cost and profit centers and profitability review. Prerequisite: Acct 2111



ACCT 2200    Applied Accounting Capstone Course     Credits  3         Goal Areas  n/a     View Course Outline

Topics covered are: in-depth review of assets and liabilities, preparation of journal entries, budgeting, cash flow, internal controls and analysis of small business financial statements. Experience using spreadsheets is recommended. Prerequisite: Acct 2100, 2112, and CIS 1220 or instructor's approval



ACCT 2230    Computerized Accounting with QuickBooks     Credits  3         Goal Areas  n/a     View Course Outline

This course provides a hands-on approach to learning how current (on the market) computerized accounting systems are used and installed. The following modules are covered: general ledger, financial statements, accounts receivable, accounts payable, purchasing, inventory and payroll. Note: Knowledge of accounting debits and credits and CIS 1101 or computer experience is recommended. Prerequisite: Acct 2111



ACCT 2250    Small Business Payroll     Credits  2         Goal Areas  n/a     View Course Outline

Students taking this course will prepare and analyze payroll transactions, federal/state payroll tax reports. Prerequisite: Acct 2111



ACCT 2260    Small Business Income Taxes     Credits  2         Goal Areas  n/a     View Course Outline

This course will assist the student in understanding corporation and personal (Schedule C) tax requirements. It will also show students what they must do to prepare and maintain tax information for the year end business income tax statements. Prerequisite: Acct 2111