Courses

Associate of Applied Science in Accounting

Zarem Golde ort Technical Institute

Associate of Applied Science in Accounting
(CERTIFICATE PROGRAM)

Objective:
The Accounting program is designed to meet the needs of business and industry for qualified entry-level accountants. Students will receive instruction to gain mastery over the principles, methods, procedures, techniques, concepts, and operations of accounting and computerized accounting systems. Students will be introduced to general business concepts and skills as they relate to management, marketing, finance, human resources, and the economies within the American market place.

Opportunities:
Students who successfully complete the Associate Degree in Accounting Program can expect to obtain employment in a variety of business settings, including such positions as junior accountants, junior auditors, cost clerks, and tax examiner trainees. Graduates may advance to positions as accountants, auditors, managers, and tax examiners in different levels of business, industry, or service organizations.

Entrance Requirements:
Students must be high school graduates or the equivalent. They must also obtain passing scores on the school’s entrance test and the interview conducted by the Admissions Department.

Equipment:
Zarem/Golde ORT Technical Institute students train on the appropriate equipment, including computers, consistent with the demands of the job market. One computer is available for each student.

Program Length
This program is approximately two years in length and may be offered in the morning or evening sessions. The morning session is taught 5 days per week for approximately 60 weeks of instruction, exclusive of school breaks. The evening session is taught 4 days per week for approximately 90 weeks of instruction. This is a 60 semester credit hour program with 1020 contact hours.

GENERAL BUSINESS AND ACCOUNTING CLASSES / 42 semester credits
 
Course Number  Course Title  Credits 
CP100  Introduction to Computers  3 credits 
OS101  Keyboarding  3 credits 
OS240  Word Processing  3 credits 
CP210  Spreadsheet Fundamentals  3 credits 
CP220  Advanced Spreadsheet  3 credits 
AC111  Principles of Accounting I  3 credits 
AC112  Principles of Accounting II  3 credits 
AC260  Computer Applications for Accounting I  3 credits 
AC261  Computer Applications for Accounting II  3 credits 
OS260  Income Tax Preparation  3 credits 
AC220  Cost Accounting  3 credits 
AC230  Internal Auditing  3 credits 
AC121  Business Law  3 credits 
BM100  Introduction to Business  3 credits 
GENERAL EDUCATION CLASSES / 18 semester credits 
Course Number  Course Title and General Education Division  
   Social and Behavioral Science  
GE204  American History  3 credits 
GE150  Economics  3 credits 
GE281  Anthropology  3 credits 
   Communications  
CM101  Communication Skills  3 credits 
CM201  Advanced Business Communication Skills  3 credits 
   Mathematics and Natural Science 
OS110  Business Math  3 credits 
EP390  Employment Preparation  0 credits 
   Total Hours  60 semester credits 

Course Descriptions

AC111 Principles of Accounting I
(No prerequisite, 3.0 semester Credit Hours, 45 class hours)
This course provides the student with an understanding of the fundamental principles, methods, procedures of ac­counting and the accounting cycle. Topics will include: general and subsidiary ledgers, preparation of financial statements, reports and analysis of data of the general ledger, accounts receivable/payable, inventory, payroll, accounting for merchandise transactions and asset manage­ment. Journalizing, posting, preparing a trial balance and worksheet, adjusting and closing entries, and preparing a post-closing trial balance are also discussed.

AC112 Principles of Accounting II
(AC111 prerequisite, 3.0 semester Credit Hours, 45 Class Hours)
Th e accounting cycle will be reviewed including partner­ship accounting and accounting for corporations. The stu­dent will gain an understanding of computerized accounting topics that include: stockholders equity, long-term liabili­ties (bonds, investments), cash flow, inventory valuation, accounting for property, plant and equipment, preparation and analysis of partnership and corporate financial state­ments. Managerial aspects of accounting, such as manufac­turing statements and job order and process cost systems, will be introduced.

AC 121 Business Law
(No prerequisite, 3.0 semester Credit Hours, 45 Class Hours)
This course will provide the student with an understanding of basic legal terminology, principles, and procedures. The role of the business professional and the relationship be­tween commerce and the legal system will be emphasized. The student will be provided with applications using the Internet, database, word processing, and network research systems.

AC 220 Cost Accounting
(AC112 prerequisite, 3.0 semester Credit Hours, 45 Class Hours)
This course provides the student with an understanding of the principles, methods, and procedures of computerized cost accounting. Topics presented included accounting for materials, labor, factory overhead, job order, cost analysis for management decision making, cost accumulation tech­niques, such as job order and process cost systems, control through budgets and standard cost systems, and decision making aspects of cost accounting.

AC 230 Internal Auditing
(AC112 prerequisite, 3.0 semester Credit Hours, 45 Class Hours)
The basic principles and procedures of computerized audit­ing, internal controls, evidence, developing and maintain­ing audit working papers, and verification procedures will be studied. Computerized accounting applications will be presented.

AC260 Computer Applications for Accounting I
(CP100, AC112 prerequisite, 3.0 semester Credit Hours, 60 Class Hours )
This course provides an introduction to accounting with QuickBooks software. Students will learn how the double entry system of bookkeeping is implemented by QuickBooks through its system of document preparation. Students will enter sales, receivables, payables and purchases for a service business. Students will become proficient at using QuickBooks Navigators, Menus and Registers.

AC261 Computer Applications for Accounting II
(AC260 prerequisite, 3.0 semester Credit Hours, 60 Class Hours )
Additional practice and proficiency in QuickBooks is this course’s goal. .Students will apply QuickBooks skills to a merchandising company. Other topics covered include preparing payroll, reconciling bank accounts and working with the numerous Reports QuickBooks offers. Integrating QuickBooks with Excel, Word and online services will be presented.

BM 100 Introduction to Business
(No prerequisite, 3.0 semester Credit Hours, 45 Class Hours)
This course is an introduction to business administration and management, marketing, finance, human resources, and economics in the American market place. Aspects of business, including the relationship of business to the social, economic, and political worlds will be covered. The history of the American economy, and a comparison of the free enterprise system to other economic systems, will be discussed.

CM101 Communication Skills
(No prerequisite, 3.0 semester Credit Hours, 45 Class Hours)
This course presents the principles of expository writing and rhetorical style through coordinated reading and writing assignments. Various expository writing techniques, such as argumentation, description, and narration are discussed. Topics include the skills and procedures for conducting research and the writing of a well-organized and well-devel­oped report.

CM201 Advanced Business Communication Skills
(No prerequisite, 3.0 semester Credit Hours, 45 Class Hours)
This course presents the principles and practices of writ­ten and verbal business communication. Emphasis is on the mastery of professional language and the application of logic to syntactic structures. Research and analysis of various business situations will provide students with the opportunity to practice effective business communication techniques. Students will prepare business correspondence and oral presentations. 

CP100 Introduction to Computers
(No prerequisite, 3.0 Semester Credit Hours, 60 Class Hours)
This course introduces students to the field of information systems and serves as an orientation to computer concepts and terminology. It includes the history of computers and the social implications of widespread use of computers. The development of computers as well as their current design is described. The concepts of data acquisition, internal representation, and processing into useful information are discussed. Additional topics include user interfaces, programming languages, and communication systems. Students will also gain experience with Web search engines and learn techniques to collect data and do research.

CP210 Spreadsheet Fundamentals
(CP100 prerequisite, 3.0 Semester Credit Hours, 60 Class Hours)
This course introduces the basic tool of computerized accounting, the electronic spreadsheet, through Microsoft Excel. Students become familiar with concepts of formatting the contents of a worksheet, sorting data, using multiple worksheets, and the printing of worksheets. Skills are developed through exercises that require students to create and manipulate worksheets using typical business data.

CP220 Advanced Spreadsheet Applications
(CP210 prerequisite, 3.0 Semester Credit Hours, 60 Class Hours)
Students build upon their Microsoft Excel knowledge by developing skills in the use of formulas and functions to solve common business problems. Data analysis exercises cover various data formats including numbers, percentages, currency, date, time, and text. Skills are also developed in the use of charts to convey financial information graphically.

EP390   Employment Preparation 
(No prerequisite, 0 Semester Credit Hours, 15 Class Hours)
In this seminar students are taught how to seek employment including locating sources of employment, writing letters of application, preparing a resume, interviewing for a job and follow-up procedures.

GE150 Economics
(No prerequisite, 3.0 semester Credit Hours, 45 Class Hours)
A study of the nature and methods of economics. Topics will include the economizing problem, American capital­ism, national goals, and the basic principles of money and banking. A detailed analysis of supply and demand, the mechanics of market structures, national income, inflation, employment theory, and monetary and fiscal policy will be presented and discussed. The scope and methodology of macroeconomics as to choice, scarcity, and problems will be explored. An introduction to microeconomics will be presented.

GE204 American History
(No prerequisite, 3.0 Semester Credit Hours, 45 Class Hours)
This course is a survey of American history from the Age of Discovery to the end of Reconstruction. Topics to be discussed include the transplantation of European culture to America, the rise of American society, the institution of slavery, and the emergence of an industrial society.

GE281 Anthropology
(No prerequisite, 3.0 Semester Credit Hours, 45 Class Hours)
Students will learn about culture and ethnographic research and writing. By combining study in the classroom and fieldwork within the multicultural city of Chicago, students will choose a cultural scene to investigate, identify informants, conduct interviews and write and ethnographic study. In class, students will discuss the logistical and ethical problems and concerns that arise while conducting fieldwork. Students will refine their communication, problem solving, reasoning and collaborative learning skills while discovering how their understanding of culture can enhance their personal and professional lives.

OS101 Basic Keyboarding and Typing
(No prerequisite, 3.0 Semester Credit Hours, 60 Class Hours)
Keyboarding skills are developed on the alphabetical keyboard using the microcomputer.  The student learns the fundamentals of centering text, tabulation, and letter placement. A minimum speed of 45 words per minute is achieved.

OS110 Business Mathematics
(No prerequisite, 3.0 Semester Credit Hours, 45 Class Hours)
A review of basic math functions is provided with emphasis on practical problems including interest, discounts, percentages, and payroll.  Proficiency is developed in performing business mathematical operations using the electronic calculator.

OS240 Word Processing Concepts
(Prerequisite CP100, 3.0 Credit Hours, 60 Class Hours)
Students develop the skills to create a variety of business documents including business letters and memos, reports, resumes, and brochures. The students become proficient in the features of Microsoft Word through laboratory exercises where word processing concepts are emphasized. Students learn the basics of formatting text, paragraphs, and tables, creating headers and footers, setting up documents for printing, sorting of information.

OS260 Income Tax Preparation
(No prerequisite, 3.0 Semester Credit Hours, 60 Class Hours)
An introduction to the theory and practice of computerized Federal taxation. Topics include calculation of taxable income, standard and itemized deductions, exemptions, credits, capital gain and loss, depreciation, adjusted gross income, sole proprietorship, retirement income, pensions, social security and IRA’s. Emphasis is on Tax preparation and tax planning for the individual.

For more information about Computer Programming program contact
Technical Coordinator Samuel Gabay
at (847) 324 5588 ext. 31 or email Sgabay@zg-ort.org