About Accounting
HCCS offers two Accounting programs that are updated regularly to provide the professional skills needed to land a good first job as well as to promote professional development. The two-year program leads to a Associate in Applied Science Degree. The one-year program leads to a certificate. The program provides students occupational and technical instruction, continuing education, college-parallel courses, professional assistance, and resources for learning. It also prepares students to be hired as paraprofessionals in accounting firms, assisting certified public accountants as generalists, doing tax preparations, auditing, and preparation of financial statements.
Faculty Accounting
Accounting instructors at HCCS have many years of experience in Public Accounting, Industry, Education, and teaching students how to relate theory to the real world. Most of our Accounting educators are Certified Public Accountants. They instruct students in areas such as Auditing, Financial Accounting, Taxation, Cost, Managerial Accounting, professional ethics, as well as many other interesting areas. In addition to their teaching requirements, our C.P.A. educators conduct research to expand the body of accounting knowledge and publish articles on instructional technology. Accounting faculty members also serve on committees of non-for-profit and community organizations, where their knowledge is often invaluable.
Bischoff, Gregory W., University of Texas at Austin, B.A.; Lamar University, M.B.A.: Northcentral University, EdD
Bridges, Suzon K. Attorney, CPA, CFE; Texas Tech University, BA;
University of Houston, JD
Flowers, Linda S., C.P.A.; University of Houston, B.B.A.; Houston Baptist University, M.Acc.
Genanaw, Mesfin, Addis Ababa University, B.A.; Catholic University of Leuven, M.B.A.; Texas Southern University, Ed.D.
Grau, Marina, R., C.P.A.; University of St. Thomas, B.B.A., M.B.A.; Texas Southern University, Ed.D.
Lewis, Charles L. University of Houston-Downtown, BBS, BBA
University of Houston, MSA
McQueary II, Glenn Melvin CPA, CISA, CFE, CISM Ball State University, BS, MA
Pitts, Pietro A., Texas Southern University, B.B.A.; Southern Methodist University, M.B.A.
Shintri, Mallikarjun, C.P.A.; Karnatak University, B.A.; B. Com; University of Bombay, M.Com; Utah State University, M.B.A.
Sinmaz, Ercan Istanbul University, BA, MSA
Templeton, John F., C.P.A.; University of Houston, B.A.; M.B.A.
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Course Descriptions: Accounting
Syllabus
ACCT 2301 Principles of Accounting I
Prerequisite: ACNT 1303/Program approval
Credit: 3 (3 lecture)
Fundamentals of financial accounting, including double-entry accounting and the accounting cycle. Other topics include cash, receivables, inventories, plant assets, liabilities, partnerships, corporation, investments, statement of cash flows and interpretation of financial statements.
Syllabus
ACCT 2302 Principles of Accounting II
Prerequisite: ACCT 2301
Credit: 3 (3 lecture)
This course covers the fundamentals of managerial accounting including manufacturing operations and planning and control. Other topics include budgets, introduction to cost accounting, cost control techniques, methods of measuring performance and financial statement analysis.
Syllabus
ACNT 1303 Introduction to Accounting I
Credit: 3 (3 lecture)
A study of analyzing, classifying, and recording business transactions in a manual and computerized environment. Emphasis on understanding the complete accounting cycle and preparing financial statements, bank reconciliation, and payroll. Coverage also includes the fundamental principles of double entry bookkeeping, financial statements, trial balances, worksheets, special journals, adjusting entries and closing entries.
Syllabus
ACNT 1313 Computerized Accounting Applications
Prerequisite: ACCT 2302 and CSCI 1338
Credit: 3 (2 lecture, 2 lab)
A study of utilizing the computer to develop and maintain accounting record- keeping systems, make management decisions, record daily business transactions, and generate financial statements using Peachtree or QuickBooks.
Syllabus
ACNT 1329 Payroll and Business Tax Accounting
Prerequisite: ACNT 1303
Credit: 3 (3 lecture)
A study of payroll procedures, taxing entities, and reporting requirements of local, state, and federal taxing authorities in a manual and computerized environment.
Syllabus
ACNT 1331 Federal Income Tax: Individual
Prerequisite: ACCT 2302
Credit: 3 (3 lecture)
Basic instruction in the tax laws as currently implemented by the Internal Revenue Service providing a working knowledge of preparing taxes for the individual. The course covers taxation of individuals, gross income, deductions, losses, credits, tax computations, basis determination, capital gains and losses, depreciable business property, and installment sales.
Syllabus
ACNT 1347 Federal Income Tax for Partnerships and Corporations
Prerequisite: ACNT 1331
Credit: 3 (3 lecture)
Introduction to the tax laws as currently implemented by the Internal Revenue Service providing a working knowledge of preparing taxes for Partnerships, Sub-chapter “S” Corporations, and regular “C” Corporations. This course covers taxation of corporate operations, distributions, reorganizations, and accumulations; Subchapter “S” Corporate organization, Partnership formations, operations and transfer of interests. An overview is provided of the unified transfer tax on gifts and estates.
Syllabus
ACNT 1382 Cooperative Education - Accounting Technician
Prerequisite: 12 Semester Hours/Department Approval
Credit: 3(1 lecture/seminar and 20-hours a week employment)
Career related activities encountered in the student’s area of specialization are offered through a cooperative agreement between the college, employer, and student. Under supervision of the college and the employer, the student combines classroom learning with work experience. Directly related to a technical discipline, specific learning objectives guide the student through the paid work experience. Blend of academic and work-related activities in student’s major.
Syllabus
ACNT 1391 Ethics For Accountants
Prerequisite: ACNT 2331
Credit: 3 (3 lecture)
This course will prepare the accounting student for a variety of ethical situations they will face in the workplace. Students will develop their understanding of and identifying ethical situations and resolving ethical conflict by researching, writing and roll playing actual cases. This course will also help them develop analytical skills and good communication. They will be encouraged to give reasons and explanations for potential resolutions; in doing this, they will gain a foundation for making ethical judgments in their professional conduct.
Syllabus
ACNT 1391 Fraud Examinations
Prerequisite: ACNT 2331
Credit: 3 (3 lecture)
This course is intended to help students understand organizational fraud, causes and how to prevent fraud. The course will provide students with the knowledge of accounting procedures encompassed in fraud examinations. Topics will also cover the professional responsibilities of the accountant in light of recent litigations and revised fraud standards.
Syllabus
ACNT 1391 Oil and Gas Accounting
Prerequisite: ACCT 2302
Credit: 3 (3 lecture)
An introduction to particularities of recording and reporting cost and revenues incident to creation and realization of mineral interests.
Syllabus
ACNT 1392 Small Business Accounting
Prerequisite: ACCT 2302
Credit: 3 (3 lecture)
A course on how to start and operate a small business. Topics include essential management skills and how to prepare a business plan, and marketing strategies. Practical guidance is provided for selecting and maintaining a cost effective accounting system, records retention, budgets and cash flow projections.
Syllabus
ACNT 2303 Intermediate Accounting I
Prerequisite: ACCT 2302
Credit: 3 (3 lecture)
Critical analysis of general accepted accounting principles, concepts, and theory underlying the preparation of financial statements. Emphasis on current theory and practice . Covers the theoretical and practical basis for financial statements, present value applications, and the theory and practice of accounting for cash, receivables, inventories, liabilities, long-term investments, depreciable and depletable property, and intangible assets.
Syllabus
ACNT 2304 Intermediate Accounting II
Prerequisite: ACNT 2303
Credit: 3 (3 lecture)
Continued in-depth analysis of generally accepted accounting principles underlying the preparation of financial statements including comparative analysis and statement of cash flows. Topics also included are bonds, leases, pension plans, corporate paid-in-capital, special purpose securities, retained earnings, tax allocation, inflation accounting, funds statement, and financial statement analysis.
Syllabus
ACNT 2309 Cost Accounting
Prerequisite: ACCT 2302
Credit: 3 (3 lecture)
A study of budgeting and cost control systems including a detailed study of manufacturing cost accounts and reports, job order costing, and process costing. Includes introduction to alternative costing methods such as activity-based and just-in-time costing. Coverage also includes historical cost systems, work-in-process inventories, material and labor control, multiple products, budgeting, applying overhead, standard costs, direct costing, evaluating profit performance, and distribution costs.
Syllabus
ACNT 2330 Government and Non-Profit Accounting
Prerequisite: ACCT 2302
Credit: 3 (3 lecture)
Basic concepts and techniques of fund accounting, financial reporting for governmental and not-for-profit entities. Accounting cycle for funds and account groups and related financial statements.
Syllabus
ACNT 2331 Internal Control and Auditing
Prerequisite: ACCT 2302
Credit: 3 (3 lecture)
A study of internal control and auditing standards and processing used by internal auditors, managers, and independent public accountants. Covers also auditing principles and procedures, auditing standards, ethics, working papers and audit reports.
Syllabus Information Unavailable
ACNT 2332 Accounting - Information Systems
Prerequisite: ACCT 2302 Credit: 3 (3 lecture)
A study of the role of accounting information systems and related subsystems, including data collection, retrieval, manipulation, filtering and sorting of data.
Syllabus Information Unavailable
ACNT 2332 Advanced Accounting
Prerequisite: ACNT 2304 Credit: 3 (3 lecture)
Methods of measuring and communicating economic information, including consolidated statements, partnerships, real estate, foreign operations, and fund units.
Syllabus
ACNT 2382 Cooperative Education - Accounting Technician
Prerequisite: ACNT 1382
Credit: 3(1 lecture/seminar and 20-hours a week employment)
Continuation of ACNT 1382. Career related activities encountered in the student’s area of specialization are offered through a cooperative agreement between the college, employer, and student. Under supervision of the college and the employer, the student combines classroom learning with work experience . Directly related to a technical discipline, specific learning objectives guide the student through the paid work experience. Blend of academic and work related activities in student’s major.
Degrees and Certificates: Accounting
Degree Plans: Accounting
Career Pathway: Accounting
Career Opportunities: Accounting
In today’s dynamic business environment, Accounting offers to our graduating students high earnings, personal satisfaction and a variety of exciting and challenging career opportunities.
The two-year degree and certificate programs in Accounting will prepare graduates to be able to keep a set of books, assist in the Accounting department of larger companies and perform duties required of bookkeepers, payroll clerks, junior or staff accountants.
Graduates should be able to keep a small set of books, assist in developing a set of books, make accounting entries in the accounting department of larger companies, and perform other duties required of junior accountants. For more information, call 713-718-7905 or 713-718-7911.
Frequently Asked Questions: Accounting
What are the requirements to become a Certified Public Accountant (CPA)?
Every year, over 130,000 candidates sit for the Uniform CPA Examination, but only ten percent pass all four parts of the test the first time out. While you do not have to be a CPA to practice public accounting, the CPA designation is valuable addition to your resume as it will help you earn a higher salary and greater recognition from your employer and peers to name a few benefits.
Becoming a successful CPA begins while you\'re still in college. You need to demonstrate superior scholastic achievement, possess a good technical accounting and business knowledge (which means taking those hard electives), and have a good understanding of the humanities and other liberal arts subjects.
Problem solving skills are vital. You should be able to analyze, compare, and interpret facts and figures.
You\'ve got to be a creative thinker, too. You\'ll be faced with issues every day that need innovative solutions. And the answers you come up with are often the difference between being a good CPA and a great one.
You need to understand business systems and computers. You\'ve got to know about networks and be familiar with spreadsheets and accounting software.You need good people skills. Accounting is a service activity and you will have to work well in groups as well as in one on one situations. And communicating well, both verbally and in writing, is essential. As a CPA you must have high ethical standards because people rely on the information you provide. Honesty and integrity are qualities that are highly valued.
The State of Texas now requires 150 semester hours of education in order to qualify for a CPA certification. Many professional organizations such as the AICPA, the National Association of State Boards of Accountancy and the Federation of Schools of Accountancy have expressed their support of the requirement.
To obtain 10 semester hours, colleges and universities determine the curriculum, although according to the AICPA, it is generally a "balance of accounting, business and general education."
Do you have to get a master\'s degree to earn 150 hours?
Not necessarily. The AICPA suggests these educational options:
Combine an undergraduate accounting degree with a master\'s degree at the same school or at a different one;
Combine an undergraduate degree in some other discipline with a master\'s in accounting or an MBA with a concentration in accounting;
Enroll in an integrated five-year professional accounting school or program leading to a master\'s degree in accounting.
Does HCCS offer courses accredited by the Texas State Board of Public Accountancy?
The State of Texas\' State Board of Public Accountancy has granted HCCS the accreditation for 33 hours of accounting courses.
Courses accredited by the State Board of Public Accountancy for CPA candidates:
ACNT 1331 - Federal Income Tax: Individual
ACNT 1347 - Federal Income Tax for Partnerships and Corporation
ACNT 1391 - Special Topics: Accounting Information Systems
ACNT 1391 - Special Topics: Advanced Accounting
ACNT 1391 - Special Topics: Government and Non-profit Accounting
ACNT 1391 - Special Topics: Fraud Examinations
ACNT 1391 - Special Topics: Ethics for Accountants
ACNT 2303 - Intermediate Accounting I
ACNT 2304 - Intermediate Accounting II
ACNT 2309 - Cost Accounting
ACNT 2331 - Internal Control and Auditing
PLEASE CONTACT THE ACCOUNTING DEPARTMENT AT 713-718-7911 FOR ENROLLMENT REQUIREMENTS AND PROCEDURES BEFORE TAKING COURSES.
Marketable Skills Achievement Awards : Accounting
Southwest College : Accounting Site
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