Every organization profit or non-profit, large or small needs an accountant. The accounting program at Grayson College prepares students for entry-level positions in CPA firms, small businesses, manufacturing firms, banks, hospitals, school systems, churches, and governmental agencies.
The Associate of Applied Science Degree and the one-year certificate in accounting are designed to provide students with the knowledge and the skills necessary for employment and growth in the accounting profession. Using the "language of business," accountants assemble and analyze, process and communicate essential information about financial operations.
Grayson College requires that you have a high school diploma or equivalent. The Associate of Applied Science Degree requires that you have met TSI requirements.
Graduation with the Associate of Applied Science degree requires successful completion of ACNT 2302, Accounting Capstone. The one-year certificate requires the successful completion of a comprehensive exit exam administered by the Accounting Department. The exam must be completed with at least 70 percent accuracy during the week prior to final exams of the semester in which the coursework is completed.
CIGNA, Wilson N. Jones, TMC, Grayson County offices, TI
| Subject | Semester Hours |
|---|---|
| *ACCT 2301 or ACNT 1303 and ACNT 1304 | 3 |
| ENGL 1301 (Composition I) | 3 |
| BUSI 1301 (Business Principles) | 3 |
| ITSW 1304 (Intro to Spreadsheet) | 3 |
| BUSG 1304 (Financial Literacy) | 3 |
| ACCT 2302 (Principles of Managerial Acct.) | 3 |
| MRKG 1311 (Principles of Marketing) | 3 |
| BMGT 1327 (Principles of Management) | 3 |
| ECON 2301 (Principles of Macroeconomics) | 3 |
| BMGT 1305 (Communications in Management) | 3 |
| ACNT 1331 (Federal Income Tax - Individual) | 3 |
| SPCH 1311 (Intro to Speech) or SPCH 1321 (Business & Professional Comm.) | 3 |
| *Mathematics/Life & Physical Science | 3 |
| *Language, Philosophy, Culture/Creative Arts | 3 |
| ACNT 1311 (Intro to Computerized Acct.) | 3 |
| ACNT 1313 (Computerized Accounting Applications) | 3 |
| BUSG 2305 (Business Law/Contracts) | 3 |
| ACNT 2302 (Accounting Capstone) | 3 |
| COSC 1301 (Intro to Computer Science) | 3 |
| ACNT 1329 (Payroll and Business Tax Acct.) | 3 |
| total: | 60 |
Students may substitute alternate courses or choose electives under the direction of the division dean. To graduate, students must demonstrate college readiness in reading, writing, and math, as specified in the College’s Developmental Education Plan.
Capstone Requirement: All students must complete the required capstone course Accounting Capstone ACNT 2302 to satisfy the requirements for a Capstone experience. The capstone course may not be substituted.
*Please review your Student Planner or contact your Student Success Coach/Faculty Mentor to review which courses may be used to fill this degree requirement.
| Subject | Semester Hours |
|---|---|
| ACCT2301 or ( ACNT1303 and ACNT1304) | 3 |
| ACNT1313 (Computerized Accounting Applications) | 3 |
| ITSW1304 ( Introduction to Spreadsheets) or BCIS1305 (Business Computer Applications) | 3 |
| ACNT1329 (Payroll and Business Tax Accounting) | 3 |
| ACNT1311 (Introduction to Computerized Accounting) | 3 |
| total: | 15 |
Capstone Requirement: All students must complete the required departmental comprehensive written and practical competency exam prior to graduation to satisfy the requirement for a Capstone experience.
| Subject | Semester Hours |
|---|---|
| ACCT 2301 or ACNT 1303 and ACNT 1304 | 3 |
| ACNT 1311 (Intro to Computerized Acct.) | 3 |
| BUSI 1301 (Business Principles) | 3 |
| BMGT 1305 (Communications in Management) | 3 |
| BUSG 1304 (Financial Literacy) | 3 |
| ACCT 2302 (Principles of Managerial Accounting) | 3 |
| ACNT 1329 (Payroll and Business Tax Acct.) | 3 |
| ACNT 1331 (Federal Income Tax - Individual) | 3 |
| ITSW 1304 (Intro to Spreadsheet) | 3 |
| ACNT 1313 (Computerized Accounting Applications) | 3 |
| total: | 30 |
Students may substitute alternate courses or choose electives under the direction of the division dean.
All students must complete the required departmental comprehensive written and practical competency exam prior to graduation to satisfy the requirements for a Capstone experience.
| Subject | Semester Hours |
|---|---|
| ACNT 1303 (Intro to Accounting I) | 3 |
| ITSW 1304 (Intro to Spreadsheet) | 3 |
| ACNT 1313 (Computerized Accounting Applications) | 3 |
| total: | 9 |
Students entering this program need to have basic computer and keyboarding skills. Contact your success coach for more details.
Students earning an Associate of Applied Science Degree at Grayson College must complete a minimum of fifteen semester hours of a general education core.
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. (R)
A study of accounting for merchandising, notes payable, notes receivable, valuation of receivables and equipment, and valuation of inventories in a manual and computerized environment.
Introduction to utilizing the computer in maintaining accounting records with primary emphasis on a general ledger package. Prerequisites: ACCT 2301 - Principles of Financial Accounting or ACNT 1303 - Introduction to Accounting I
Use of the computer to develop and maintain accounting records, and to process common business applications for managerial decision-making. (R) Prerequisites: ACCT 2301 - Principles of Financial Accounting or ACNT 1303 Introduction to Accounting I
A study of payroll procedures, taxing entities, and reporting requirements of local, state, and federal taxing authorities in a manual and computerized environment. Prerequisite: ACCT 2301 - Principles of Financial Accounting or ACNT 1303 - Introduction to Accounting I
A study of the federal tax law for preparation of individual income tax returns. Prerequisites: ACCT 2301 - Principles of Financial Accounting or ACNT 1303 - Introduction to Accounting I
Allows students to apply broad knowledge of the accounting profession through discipline specific projects involving the integration of individuals and teams performing activities to simulate workplace situations.
Budgeting, cost analysis, and cost control systems using traditional and contemporary costing methods and theories in decision making. Prerequisites: ACCT 2301 - Principles of Financial Accounting or ACNT 1303 - Introduction to Accounting I
This course is an introduction to the fundamental concepts of financial accounting as prescribed by U.S. generally accepted accounting principles (GAAP) as applied to transactions and events that affect business organizations. Students will examine the procedures and systems to accumulate, analyze, measure, and record financial transactions. Students will use recorded financial information to prepare a balance sheet, income statement, statement of cash flows, and statement of shareholders’ equity to communicate the business entity’s results of operations and financial position to users of financial information who are external to the company. Students will study the nature of assets, liabilities, and owners’ equity while learning to use reported financial information for purposes of making decisions about the company. Students will be exposed to International Financial Reporting Standards (IFRS).
This course is an introduction to the fundamental concepts of managerial accounting appropriate for all organizations. Students will study information from the entity's accounting system relevant to decisions made by internal managers, as distinguished from information relevant to users who are external to the company. The emphasis is on the identification and assignment of product costs, operational budgeting and planning, cost control, and management decision making. Topics include product costing methodologies, cost behavior, operational and capital budgeting, and performance evaluation.
Last updated: 11/01/2022