Accounting - Erie Business Center - South

Accounting from Erie Business Center - South is a Campus Associate Accountancy degree that prepares you for a Accounting career. The Accounting program at Erie Business Center is designed to provide students with a comprehensive study of accounting. You will take courses in tax accounting , cost accounting, business finance and automated accounting . These specialized courses are combined with a study of business and management. Accounting graduates are prepared for careers as bookkeepers, payroll clerks, accounts receivable and payable clerks, and accounting support staff. As an Accounting graduate entering the field, you should be able to: Understand the terminology used in the accounting profession. Handle all aspects of double-entry bookkeeping for service and merchandising enterprises using both periodic and perpetual systems. Prepare the financial statements for service and merchandising enterprises. Account for petty cash funds, change funds and bank reconciliation. Account for receivables, writing off accounts and discounting notes. Cost inventory under FIFO, LIFO and Average Cost inventory methods (both periodic and perpetual systems covered for FIFO and LIFO). Estimate inventory under the gross profit and retail methods. Calculate depreciation expense under these methods: straight line, units of production and double declining balance. Record disposals of plant assets--similar and dissimilar exchanges. Compute and record the payroll of a firm. Account for corporations: computing dividends per share; recording transactions involving common stock, preferred stock and treasury stock; preparing the stockholders' equity section of the balance sheet, and appropriating retained earnings. Account for deferred income taxes and special items on the income statement. Account for raw materials, factory overhead and direct labor in a manufacturing setting. Account for personal taxable and non-taxable income in preparing a personal income tax return. View more details on Erie Business Center - New Castle, PA . Ask your questions and apply online for this program or find other related Accountancy courses.