Courses Taught By Melissa Nash
A
Delivery Mode: Face-to-Face on Stevens Point Campus
About the Course: Accounting I is a beginning
course designed to give you a strong foundation in accounting principles.
We’ll start with the basics of business transactions and how accountants
use a double-entry system (debits and credits) to keep track of these
transactions. Then we’ll
learn how to complete the entire accounting cycle
of recording transactions,
preparing financial statements, and “closing the books” for small,
single-owner service and merchandising businesses.
In the last third of the semester, we’ll cover a few accounting
concepts in more detail: accounting for inventories, cash, receivables,
and fixed assets, and we’ll learn how to use special journals.
Accounting II
Delivery Modes: Face-to-Face on Stevens Point Campus, ITV
About the Course: Accounting II
provides students the opportunity to continue building the strong
foundation in accounting principles they began in Accounting I.
Current liabilities and payroll for a sole proprietorship organization
are discussed. The course then presents accounting for corporations and
for long-term liabilities. A
business simulation packet is completed to reinforce accounting for
corporations. The course
continues with a discussion of the accounting procedures for
partnerships, accounting for long-term investments, preparation of the
cash flow statement, and financial statement analysis.
Accounting III
Delivery Mode: ITV/Online Hybrid
About the Course: Accounting
III builds on and expands the knowledge of the accounting cycle and
financial statement elements learned in introductory accounting classes.
The course studies the balance sheet, income statement, notes to
the financial statements, and financial statement analysis techniques.
The course then moves
on to study revenue recognition issues and key items on the balance
sheet: cash, receivables, inventories, fixed assets, current liabilities,
long-term liabilities, and leases.
Accounting IV
Delivery Mode: ITV/Online Hybrid
About the Course: Accounting IV examines accounting issues and the application of generally accepted accounting principles to those issues. Some issues examined are liabilities, long-term financing, capital stock issues, deferred taxes, earnings per share and accounting changes. An introduction to the auditing field is also provided.
Payroll Accounting
Delivery Mode: Face-to-Face on Stevens Point Campus
About the Course: In Payroll Accounting we will examine the personnel and payroll records that provide the information required under federal laws. We will lean about the timekeeping methods used to record time worked and compensation. You will gain an understanding of the various phases of the Social Security Act, Fair Labor Standards Act, Federal and State tax withholding laws, and unemployment compensation requirements. This is a very “hands-on” class. We will get a chance to practice all we learn through the completion of a comprehensive payroll project for a small employer, including a normal payroll cycle.
Governmental Accounting
Delivery Mode: ITV/Online Hybrid
About the Course: In Governmental Accounting,
the basic concepts, techniques, and terminology of fund accounting as
utilized by governmental entities are emphasized. Institutional
accounting for educational institutions and hospitals, and the uniqueness
of accounting for not-for-profit organizations and agencies, are also
studied. Also, students will
have a chance to explore career options in accounting, develop
resume-writing and interviewing skills, and participate in a variety of
career development activities.
