Accounting

Occupational Major

This major is primarily designed for job preparedness. Students who are considering transferring to a baccalaureate institution should be aware that decisions on transferability of courses are made by the baccalaureate institution and differ from school to school. Students should contact the Transfer Services Office early in their academic program to determine which courses will transfer to the college of their choice.

Department of Business Studies
Penn 401 • Phone: (215) 968-8227
Curriculum Code No. 2016

This major is designed for two-year accounting paraprofessionals, junior accountants and full-charge bookkeepers. Students should work closely with their academic advisors in the selection of courses.

Graduates of this program are able to

  • complete the accounting cycle;
  • prepare GAAP based financial statements;
  • apply financial accounting pronouncements to financial reporting and disclosure;
  • research and analyze tax law; and
  • apply managerial accounting concepts.

Degree Course Requirements

Course Credits
ACCT105
Financial Accounting F
4
ACCT106
Managerial Accounting F
4
ACCT130
Accounting Applications for the Computer F
3
ACCT200
Intermediate Accounting I F
3
ACCT201
Intermediate Accounting II F
3
ACCT210
Cost Accounting I F
3
ACCT240
Federal and State Taxes I F
3
ACCT241
Federal and State Taxes II F
3
ACCT280
Cooperative Education B,F
3
COMM110
Effective Speaking 2,F
3
CISC110
Introduction to Information Systems F
3
MGMT100
Introduction to Business 4
3
MGMT130
Business Law
3
OR
MKTG100
Principles of Marketing F
3
INTG285
Integration of Knowledge D,F,6
3
College level Writing A,1 6
Cultural Perspectives 3 3
College level Mathematics A,5 3
Personal Health C 3
Accounting Electives E 3
Total Credit Hours 62

Recommended Semester Sequence

The recommended course sequence is designed for full-time students who average 15 credit hours per semester. Students may need more time to complete program requirements based on placement testing. This additional time will entail some adjustments to the sequence recommended.

First Semester

Course Credits
ACCT105
Financial Accounting F
4
MGMT100
Introduction to Business 4
3
College level Writing A,1 3
College level Mathematics A,5 3
Cultural Perspectives 3 3
Total Credit Hours 16

Second Semester

Course Credits
ACCT106
Managerial Accounting F
4
CISC110
Introduction to Information Systems F
3
MGMT130
Business Law
3
OR
MKTG100
Principles of Marketing F
3
COMM110
Effective Speaking 2,F
3
College level Writing A,1 3
Total Credit Hours 16

Third Semester

Course Credits
ACCT130
Accounting Applications for the Computer F
3
ACCT200
Intermediate Accounting I F
3
ACCT240
Federal and State Taxes I F
3
ACCT210
Cost Accounting I F
3
Personal Health C 3
Total Credit Hours 15

Fourth Semester

Course Credits
ACCT201
Intermediate Accounting II F
3
ACCT241
Federal and State Taxes II F
3
ACCT280
Cooperative Education-Accounting B
3
INTG285
Integration of Knowledge D,F,6
3
Accounting Electives E 3
Total Credit Hours 15

A Placement testing required.
B All academically qualified students must enroll in ACCT280.
C Any of the following may be chosen: HLTH103,HLTH120,PSYC100,PSYC125.
D Any INTG course may be chosen.
E Select any one of the following (with proper prerequisites): ACCT110, ACCT120, ACCT230, ACCT250.
F Course requires prerequisite.

1 Satisfies College Writing requirement. Select any two of the following (with proper prerequisites): OADM110,COMP110,COMP111.
2 Satisfies Creative Expression.
3 Satisfies Cultural Perspectives. See list in catalog.
4 Satisfies Social Perspectives. See list in catalog.
5 Satisfies College Level Mathematics or Science. Any of the following may be chosen(with proper prerequisites): MGMT120, MATH110, MATH115, MATH117, MATH120, MATH122, MATH125, MATH140.
6 Satisfies Writing Intensive requirement.

Students who do not seek the Associate of Arts Degree may earn the legend "Major Requirements Satisfied" on their transcript by successfully completing all the courses listed in the major except three credits of cultural perspectives, three credits of college level mathematics, Integration of Knowledge and personal health. Credits exceeding the required minimum cannot be used to satisfy required credits in the other course requirements.