Accounting Certificate

Certificates in Business Management are offered in Accounting, Marketing, Management and International Business. Certificates are designed to provide a general exposure to a field for students not seeking a degree.

*Gainful Employment Mandatory Disclosure Statement

Admission to Farmingdale State College - State University of New York is based on the qualifications of the applicant without regard to age, sex, marital or military status, race, color, creed, religion, national origin, disability or sexual orientation.

Business | Dr. Nanda Viswanathan, Chair | business@farmingdale.edu | 934-420-2015

Fall 2020

Subject to revision

BUS 101 Accounting I 3
BUS 102 Accounting II 3
BUS 109 Management Theory and Practices and Practices 3
BUS 111 Introduction to Business 3
BUS 220 Financial Information Systems 3
BUS 271 Intermediate Accounting I 3
BUS 272 Intermediate Accounting II 3
BUS 273 Cost Accounting 3
BUS 301 Corporate Finance 3

Three additional courses (9 credits) in Business

Curriculum Summary

Total Required Credits: 36

Notes:
1. Students planning to pursue a degree program after completing the certificate program are urged to select elective courses applicable to the degree program.

BUS 101 Accounting I

Fundamental accounting concepts and principles are covered through an understanding of the following topics: accounting as an information system; analyzing a transaction; the accounting cycle; accounting for both service enterprises and merchandising businesses; deferrals and accruals; reversing entries; systems design; accounting for cash, receivables, temporary investments and inventory; payroll accounting. Students apply concepts to the preparation of special journals, subsidiary ledgers, worksheets and financial statements.

BUS 102 Accounting II

Continued development of the principles and concepts introduced in Accounting I. The following topics are included: emphasis on further understanding of generally accepted accounting principles; plant assets; intangible assets; determination of depreciation, depletion and amortization; accounting for partnerships and corporations; long term liabilities; investments in bonds and stock; statement of cash flows; managerial accounting; accounting for manufacturing operations; budgeting and standard costs systems. Prerequisite(s): BUS 101 with a grade of C or higher

BUS 109 Management Theories and Practices

This introductory course covers management principles pertaining to human resources, individual behavior in organizations, employee motivation and performance, and business ethics. Topics also include managing and the manager’s job; planning and decision making; employee performance appraisal and feedback; leadership and influence processes; interpersonal relations and communication; and managing work groups and teams.

BUS 111 Introduction to Business

This course introduces the student to the fundamentals of American Business and its contemporary environment. It provides an overview of organizational, national, and international trends and their impact on enterprises both large and small. The course develops an understanding of important business concepts, principles, and practices that explain how businesses are formed, how they operate to accomplish their goals, and why/how their success depends on effective management, production, marketing and finance/accounting.

BUS 220 Financial Information Systems

This course will further the understanding of accounting theory and will provide the opportunity to achieve competency in the use of computerized applications. The course will introduce students to internal control theory within a computerized financial information system. Use of the Web for accessing relevant information will also be introduced. Prerequisite(s): BUS 101 Corequisite(s): BUS 102

BUS 271 Intermediate Accounting I

An in-depth study of the principles related to financial accounting topics and a study of recent developments in financial accounting required by the Financial Accounting Standards Board. Topics include the following: development of accounting standards; nature of the conceptual framework, assumptions and principles; review of the accounting process; continued study of the Income Statement, Balance Sheet and Statement of Cash Flows; time value of money; cash and receivables, inventories; acquisition and disposal of property, plant and equipment; depreciation and depletion; intangible assets; long-term investment in Equity Securities and other assets. Prerequisite(s): BUS 101 and 102

BUS 272 Intermediate Accounting II

A continuation of the study of the principles related to financial accounting. This study will include a presentation of the following topics: stockholders' equity; dilutive securities; revenue recognition; accounting for income taxes; accounting for pensions and for leases; accounting changes and error analysis, full disclosure in financial reporting; financial reporting and changing prices; liabilities-current and contingent; liabilities-long term. Prerequisite(s): BUS 271

BUS 273 Cost Accounting

Principles of cost accounting applied to manufacturing industries. The use of cost data and procedures under job order, process cost, and standard cost accounting systems as a tool of management. Prerequisite(s): BUS 101 and 102