Curriculum
The following classes are all 5 credits. The quarters in which they are offered are subject to change. Classes with the ACCT designation are lower-level and only require admission to North Seattle College. Lower-level classes are less expensive. Classes with the AIA designation are upper-level and require admission to the AIA BAS degree or Certificate of Accountancy program. AIA classes cost twice as much as the lower-level classes.
ACCT 110: Introduction to Accounting/Bookkeeping
This introductory class covers the development of the accounting cycle for a sole proprietorship, from business transactions through closing entries and financial statements. Includes service and merchandising types of businesses, special journals, banking services, and payroll. The course culminates with the optional opportunity to take a certification exam to become an Intuit Certified Bookkeeping Professional.
Prerequisite: None
Quarter(s) offered: Fall, Winter, Spring, Summer
ACCT 131: QuickBooks
Hands-on use of QuickBooks Online to record business transactions, prepare customer invoices, pay vendors, and record payroll. QuickBooks organizes and summarizes all financial data and produces a myriad of reports. The course culminates with the optional opportunity to take a certification exam through Intuit to become an Intuit QuickBooks Certified User.
Prerequisite: ACCT 110 or ACCT& 201 with a 2.0 or higher
Quarter(s) offered: Fall/Spring
ACCT&201: Principles of Accounting I
Introduces and defines basic accounting concepts, principles and procedures for recording business transactions and developing financial accounting reports.
Prerequisite: None – recommended Sophomore standing
Quarter(s) offered: Fall, Winter, Spring, Summer
ACCT&202: Principles of Accounting II
Examines application of basic accounting concepts, principles and procedures to more complex business situations in a corporate setting.
Prerequisite: ACCT 110 or ACCT&201 with a grade of 2.0 or higher within the last 5 years
Quarters offered: Fall, Winter, Spring, Summer
ACCT&203: Principles of Accounting III (Managerial Accounting)
Analysis of accounting data as part of the managerial process of planning, decision-making, and control. Concentrates on economic decision-making in enterprises.
Prerequisite: ACCT&202 with a grade of 2.0 or higher within the last 5 years
Quarters offered: Fall, Winter, Spring, Summer
ACCT 255: Individual Income Tax
Introduction to individual tax laws (as opposed to business tax laws). Includes preparation of individual income tax forms using text and/or web-based sites or income tax software.
Prerequisite: None
Quarters offered: Winter/Summer
ACCT 256: Taxation of Corporations and Partnerships
This course provides a comprehensive study of the taxation of corporations and partnerships. Basic tax research and the theory of taxation are also developed.
Prerequisite: ACCT&202 or instructor permission
Quarter(s) offered: Fall
ACCT 257: Payroll Accounting
Basic principles, practices, and governmental regulations (Federal, Washington State and local) involved in business tax accounting. Includes filing returns, record-keeping, tax planning, and business registrations and licenses.
Prerequisite: ACCT 110 or ACCT&201
Quarter(s) offered: Winter/Summer
ACCT 265: Accounting for Not-For-Profit and Government Entities
This course is an overview of accounting for not-for-profit and government entities. It covers basic accounting principles and procedures relating to not-for-profit and government organizations. It includes financial statement preparation and analysis.
Prerequisite: ACCT&202 or instructor permission
Quarter(s) offered: Winter
ACCT 267: Not for Profit Financial Management
This course provides the fundamentals of financial management for those pursuing careers within the public, health, and not-for-profit fields. Students will learn the vocabulary, concepts, methods, and basic tools of financial management and financial analysis within the three major areas of the public sector.
Prerequisite: None
Quarter(s) offered: Fall/Spring
ACCT 271: Applied Ethics in Accounting
Learn and cultivate the ethical commitment needed to ensure work in the business world meets the highest standards of integrity, independence and objectivity. Understand obligations and professional responsibilities of bookkeepers and accounting professionals by studying real world issues and develop a personalized ethics tool for making ethical decisions in the workplace
Prerequisite: ACCT&202
Quarter(s) offered: Fall/Spring
ACCT 272: Fraud Examination
An introduction to the field of fraud examination. Provides an overview of the general fraud examination methodology and fraud theory approach and outlines the basics surrounding fraud examination including criminology related to fraud. Prereq: prior accounting course or instructor permission.
Prerequisite: ACCT&201 or Instructor permission
Quarter(s) offered: Summer (offered as part of the Summer Fraud Institute and must be taken concurrently with ACCT 273 and ACCT 274)
ACCT 273: Introduction to Financial Crimes
Intro to major categories of financial crime and the legal procedures which are frequently relevant to fraud accounting work, including both criminal and civil procedures. Prereq: prior accounting course or instructor permission.
Prerequisite: ACCT&201 or Instructor permission
Quarter(s) offered: Summer (offered as part of the Summer Fraud Institute and must be taken concurrently with ACCT 272 and ACCT 274)
ACCT 274: Forensic Accounting
Integrate accounting, auditing, and fraud investigative skills. Using case studies, analyze documents, evaluate internal controls, and trace funds to resolve accounting irregularities with an emphasis on fraudulent financial reporting. Includes indirect methods of reconstructing; income, litigation support, computing commercial and economic damages, and business valuation. Prereq: prior accounting course or instructor permission.
Prerequisite: ACCT&202 or Instructor permission
Quarter(s) offered: Summer (offered as part of the Summer Fraud Institute and must be taken concurrently with ACCT 272 and ACCT 273)
ACCT 295: Managerial Analysis for Accounting and Business
This capstone course prepares students to address real-world business challenges by applying skills from their two-year Accounting or Business degree. Students will learn a dynamic problem-solving framework, work collaboratively in teams, hone their communication skills, and develop their analytical skills using Excel/software to solve business problems.
Prerequisite: ACCT&202 and BUS 124 with a grade of 2.0 or better within the last 5 years
Quarter(s) offered: TBD
AIA 301 Intermediate Accounting I
Intermediate Accounting I is the first of a two-course series which provides a comprehensive study of financial accounting theory and reporting, including the conceptual framework of financial accounting. Topics include: Generally Accepted Accounting Principles, an in-depth examination of assets, the elements and structures of financial statements, accounting research, and the uses of accounting for decision making. Prerequisite: Acceptance into AIA BAS Program or instructor permission.
Prerequisite: ACCT&202 (grade of 2.0 or higher within 5 years) and entry into the program
Quarter(s) offered: Winter, Spring
AIA 302 Intermediate Accounting II
Intermediate Accounting II is the second of a two-course series which provides a comprehensive study of financial accounting theory, reporting, and research. This course continues the in-depth study of the conceptual framework of financial accounting, Generally Accepted Accounting Principles, liabilities, equity, income taxes, pensions, leases, the Statement of Cash Flows, and financial reporting.
Prerequisites: AIA 301 (grade of 2.0 or higher within 5 years) and entry into the program
Quarter(s) offered: Spring, Summer
AIA 310 International Accounting Ethics
Within a global setting, students study ethical reasoning, behavioral ethics, and ethical conduct within an accounting practitioner's framework that guides their ethical obligations as they provide accurate legal financial reports that contribute to managerial decisions
Prerequisite: ACCT&202 (grade of 2.0 or higher within 5 years) and entry into the program
Quarter(s) offered: Fall
AIA 401 International Accounting
The course provides an overview of issues faced by companies operating in a multinational environment and their impact on accounting policies. We will focus on accounting issues such as foreign currency transactions, transfer pricing and reporting as a result of engaging in foreign operations. We will also review differences between US GAAP and IFRS as well as auditing in an international setting.
Prerequisite: ACCT&202 (grade of 2.0 or higher within 5 years) and entry into the program
Quarter(s) offered: Fall
AIA 402 International Taxation
The course examines our federal tax systems and rules as they apply to tax issues and decisions for corporations, partnerships, estates and special entities from conception to dissolution. The tax attributes of Corporations and pass-through entities like Partnerships, S Corporations and Limited Liability Companies are examined. The complexities of international taxation and their effect on business decisions are explored.
Prerequisite: ACCT&202 (grade of 2.0 or higher within 5 years) and entry into the program
Quarter(s) offered: Winter
AIA 410 Cost Accounting
Students use tools to define, calculate, and present accurate data to aid decision-making. Based on jobs, activities, and processes, students compute unit-cost data and present profit planning analyses. Students investigate flexible budgeting managerial tools and apply discounted-cash-flow concepts to the capital budgeting process.
Prerequisite: ACCT&203 (grade of 2.0 or higher within 5 years) and entry into the program
Quarter(s) offered: Fall
AIA 430 Accounting Information Systems
Accounting Information Systems (AIS) examines the governance of the AIS as part of the enterprise resource planning systems in a business. This course is focused on the various fraud and fraud prevention associated with AIS, how IT affects processes and controls, and the effects of recent regulatory developments by the international community on the design and operation of accounting systems.
Prerequisite: ACCT&202 (grade of 2.0 or higher within 5 years) and entry into the program
Quarter(s) offered: Winter
AIA 440 Auditing
AIA 440 examines and prepares students to understand and apply auditing theory, principles, concepts and practices used for public and non-public companies. Students gain an understanding of how auditing procedures vary among different accounting firms and how to render an opinion on the fairness of financial statements. Students will also analyze how international current events affect the ethical responsibilities of auditing professionals.
Prerequisite: AIA 302 (grade of 2.0 or higher within 5 years, can be taken concurrently with AIA 302) and entry into the program
Quarter(s) offered: Spring