2013 - 2014 Catalog
Course Descriptions for ACNT

Course Description Index | Degree Plans

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These Course Descriptions include updates that were added after the original publication on May 28, 2013.
New students who are entering the college for the first time should follow this version when selecting courses.

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ACNT 1277 (2 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Taxation Procedures for Individuals
This is a Local Need Course.
Prerequisite: ACNT 1372.
Course Description: Federal income tax concepts relating to individuals and sole proprietorships. Topics include understanding the appreciation of basic tax concepts and their application of tax law in areas of compensation planning, investment planning, tax shelters and current developments relating to the individual taxpayer. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper division accounting course for the uniform Texas CPA exam. (2 Lec.)


ACNT 1278 (2 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Taxation Procedures for C Corps and S Corps
This is a Local Need Course.
Prerequisite: ACNT 1277.
Course Description: Concepts and principles governing the taxation of corporations and their shareholders; the effect of taxes on corporate formation, capital structure, distributions and liquidations. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper division accounting course for the uniform Texas CPA exam. (2 Lec.)


ACNT 1279 (2 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Taxation Procedures for Estates, Trusts and Partnerships
This is a Local Need Course.
Prerequisite: ACNT 1277.
Course Description: Introduction to taxation of decedents’ estates and lifetime gifts; valuation of property subject to estate and gift taxes. Federal taxation of flow-through entities, including; partnerships and limited and liability partnerships (LLPs). This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper division accounting course for the uniform Texas CPA exam. (2 Lec.)


ACNT 1303 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, RLC

Introduction to Accounting I
This is a WECM Course Number.
Course Description: 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 reconciliations, and payroll. (3 Lec.)


ACNT 1304 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at BHC, ECC, RLC

Introduction to Accounting II
This is a WECM Course Number.
Prerequisite: ACNT 1303.
Course Description: 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. (3 Lec.)


ACNT 1305 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at ECC, MVC, RLC

Forensic Accounting
This is a WECM Course Number.
Course Description: Accounting fraud designed to provide a basic understanding of the impact that fraud has on an organization. (3 Lec.)


ACNT 1311 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC, RLC

Introduction to Computerized Accounting
This is a WECM Course Number.
Corequisite/Concurrent: Students must be concurrently enrolled or have successfully completed coursework in ACCT 2301, ACCT 2401, or ACNT 1303.
Course Description: Introduction to utilizing the computer in maintaining accounting records with primary emphasis on a general ledger package. This course may be repeated if topics and learning outcomes vary. (2 Lec., 2 Lab.)


ACNT 1313 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC, RLC

Computerized Accounting Applications
This is a WECM Course Number.
Corequisite/Concurrent: Students must be concurrently enrolled or have successfully completed coursework in ACCT 2301, ACCT 2401, or ACNT 1303.
Course Description: Use of the computer to develop and maintain accounting records and to process common business applications for managerial decision-making. (2 Lec., 2 Lab.)


ACNT 1329 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC, RLC

Payroll and Business Tax Accounting
This is a WECM Course Number.
Corequisite/Concurrent: Students must be concurrently enrolled or have successfully completed coursework in ACCT 2301, ACCT 2401, or ACNT 1303.
Course Description: A study of payroll procedures, taxing entities, and reporting requirements of local, state, and federal taxing authorities in a manual and computerized environment. (3 Lec.)


ACNT 1331 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, RLC

Federal Income Tax: Individual
This is a WECM Course Number.
Prerequisite: ACCT 2301 or ACCT 2401.
Course Description: A study of the federal tax law for preparation of individual income tax returns. This course is cross-listed as ACNT 1431. The student may register for either ACNT 1331 or ACNT 1431, but may receive credit for only one of the two. This course is cross-listed as ACNT 1431. The student may register for either ACNT 1331 or ACNT 1431 but may receive credit for only one of the two. (3 Lec.)


ACNT 1335 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Accounting Ethics
This is a WECM Course Number.
Prerequisite: ACNT 1372.
Course Description: Introduction to professional ethics in the accounting and business environments. This course may also be offered for qualifying education credit for CPA examination by Texas community colleges that meet Texas State Board of Public Accountancy standards. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an approved accounting ethics course for the uniform Texas CPA exam. (3 Lec.)


ACNT 1340 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at MVC

Accounting and Business Ethics
This is a WECM Course Number.
Prerequisite: ACNT 2303 or ACNT 2403.
Course Description: Ethical standards and behaviors, codes of professional conduct, and the impact of unethical behavior on an individual, business and society. (3 Lec.)


ACNT 1347 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at MVC

Federal Income Tax for Partnerships and Corporations
This is a WECM Course Number.
Prerequisite: ACNT 1331 or ACNT 1431.
Course Description: A study of federal tax laws for preparation of partnership and corporate returns. (3 Lec.)


ACNT 1370 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at MVC

Accounting Communications
This is a Local Need Course.
Prerequisite: ACCT 2301 and ACCT 2302.
Course Description: Presentation of concepts and techniques for developing a business style of writing and creating documents such as memorandums, letters and reports. The course will include an overview of methods for researching, organizing, analyzing and presenting information in an accounting context. Emphasis on written and oral assignments that develop communication skills for the accounting profession. (3 Lec.)


ACNT 1371 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Commercial Transactions for Accountants
This is a Local Need Course.
Course Description: Legal concepts underlying sale of goods; commercial paper; securities interests, securities regulation, accountants’ malpractice, negotiable instruments and bankruptcy; application of the Uniform Commercial Code and preparation for the CPA examination. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as a business-related course for the uniform Texas CPA exam. (3 Lec.)


ACNT 1372 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Foundations of Accounting and Operations Disclosure
This is a Local Need Course.
Prerequisite: Admission to the Certificate in Processional Accountancy Program.
Course Description: Technical accounting theory and principles of the balance sheet, income statement and cash flow statement issued from the perspective of the preparer of corporate financial reports. Topics also include the conceptual framework of accounting and time value of money. Understanding of decision-making uses of accounting information; product costing, profit planning and standard cost analysis. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. The course is an introductory level course. (3 Lec.)


ACNT 1373 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Financial Accounting Reporting Standards I
This is a Local Need Course.
Prerequisite: ACNT 1372.
Course Description: A study of financial reporting and disclosure issues with an emphasis on the use of corporate financial statements and their accompany footnotes. Covers the theoretical structure of financial accounting, required financial statements, revenue recognition, operating assets, current liabilities and long-term liabilities. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper division accounting course for the uniform Texas CPA exam. (3 Lec.)


ACNT 1374 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Financial Accounting Reporting Standards II
This is a Local Need Course.
Prerequisite: ACNT 1373.
Course Description: A study of financial reporting and disclosure issues with an emphasis on the use of corporate financial statements and their accompany footnotes. Continuation of ACNT 1373 and includes coverage of accounting for investments, equity, accounting for income taxes, derivatives, accounting changes, statement of cash flows, earnings per share and full disclosure. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper division accounting course for the uniform Texas CPA exam. (3 Lec.)


ACNT 1375 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Forensic Financial Investigation
This is a Local Need Course.
Prerequisite: ACNT 1373.
Course Description: Forensic accountants serve in a variety of non-traditional capacities. The class will be based on real-world case studies. The course provides students with an understanding of different types of engagements, how investigative teams work and investigative methods and techniques used when performing financial statement investigations. Additionally, the course will highlight the many common types of financial reporting manipulations that frequently occur historically and in today’s environment that includes an overview of current accounting topics that are often susceptible to manipulations and recurring financial statement fraud. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper division accounting course for the uniform Texas CPA exam. (3 Lec.)


ACNT 1376 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Non-Profit Institutions and Reporting
This is a Local Need Course.
Prerequisite: ACNT 1372.
Course Description: Introduction to the accounting process of non-profit organizations with emphasis on FASB 116 and 117 and OMB Circular 133. Topics include budgeting, revenue sources, revenue projections, audits, taxation – including the preparation of a 990 tax return, information technology, audit committees and other topics which affect non-profit accounting. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper division accounting course for the uniform Texas CPA exam. (3 Lec.)


ACNT 1380 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC

Cooperative Education - Accounting
This is a WECM Course Number.
Corequisite/Concurrent: Students must obtain instructor approval and be concurrently enrolled or have successfully completed coursework in ACCT 2301, ACCT 2401, or ACNT 1303.
Course Description: Career-related activities encountered in the student's area of specialization offered through an individualized agreement among the college, employer, and student. Under the supervision of the college and the employer, the student combines classroom learning with work experience. Includes a lecture component. (1 Lec., 20 Ext.)


ACNT 1391 (3 Credit Hours)
Offered at EFC, MVC

Special Topics in Accounting
This is a WECM Course Number.
Course Description: Topics address recently identified current events, skills, knowledge, and/or attitudes and behaviors pertinent to the technology or occupation and relevant to the professional development of the student. This course may be repeated if topics and learning outcomes vary. (3 Lec.)


ACNT 1393 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at MVC

Special Topics in Taxation
This is a WECM Course Number.
Prerequisite: ACNT 1331.
Course Description: Topics address recently identified current events, skills, knowledge, and/or attitudes and behaviors pertinent to the technology or occupation and relevant to the professional development of the student. This course may be repeated if topics and learning outcomes vary. (3 Lec.)


ACNT 1431 (4 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at MVC

Federal Income Tax: Individual
This is a WECM Course Number.
Prerequisite: ACCT 2301 or ACCT 2401.
Course Description: A study of the federal tax law for preparation of individual income tax returns. This course is cross-listed as ACNT 1331. The student may register for either ACNT 1331 or ACNT 1431 but may receive credit for only one of the two. (4 Lec.)


ACNT 2302 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at BHC, ECC, MVC, RLC

Accounting Capstone
This is a WECM Course Number.
Prerequisite: ACCT 2301 or ACCT 2401, ACCT 2302 or ACCT 2402, ACNT 1311, and ACNT 1313.
Course Description: 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. (3 Lec.)


ACNT 2303 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at BHC, ECC, MVC, RLC

Intermediate Accounting I
This is a WECM Course Number.
Prerequisite: ACCT 2301 or ACCT 2401.
Course Description: Analysis of generally accepted accounting principles, concepts, and theory underlying the preparation of financial statements. This course is cross-listed as ACNT 2403. The student may register for either ACNT 2303 or ACNT 2403 but may receive credit for only one of the two. (3 Lec.)


ACNT 2304 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at ECC, MVC, RLC

Intermediate Accounting II
This is a WECM Course Number.
Prerequisite: ACNT 2303 or ACNT 2403.
Course Description: Continued in-depth analysis of generally accepted accounting principles underlying the preparation of financial statements, including comparative analysis and statement of cash flows. This course is cross-listed as ACNT 2404. The student may register for either ACNT 2304 or ACNT 2404 but may receive credit for only one of the two. (3 Lec.)


ACNT 2309 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at BHC, ECC, MVC

Cost Accounting
This is a WECM Course Number.
Prerequisite: ACCT 2302 or ACCT 2402.
Course Description: Budgeting, cost analysis and cost control systems using traditional and contemporary costing methods and theories in decision making. (3 Lec.)


ACNT 2311 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at ECC, MVC

Managerial Accounting
This is a WECM Course Number.
Prerequisite: ACCT 2302 or ACCT 2402.
Course Description: Practical applications of accounting with emphasis on cost behavior, capital management decisions, budgeting, and financial statement analysis. (3 Lec.)


ACNT 2330 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at ECC, MVC

Governmental and Not-for-Profit Accounting
This is a WECM Course Number.
Prerequisite: ACCT 2302 or ACCT 2402
Course Description: A study of basic fund accounting and financial reporting concepts for governmental and not-for-profit entities. (3 Lec.)


ACNT 2331 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at ECC, MVC

Internal Control and Auditing
This is a WECM Course Number.
Prerequisite: ACNT 2302 or ACNT 2403.
Course Description: Internal controls, auditing standards and processes used by internal auditors, managers, and independent public accountants. (3 Lec.)


ACNT 2332 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at MVC

Accounting Information Systems
This is a WECM Course Number.
Prerequisite: ACCT 2302 or ACCT 2402.
Course Description: A study of accounting information systems and related subsystems, including data collection, security, retrieval, manipulation, filtering and sorting of data. (3 Lec.)


ACNT 2333 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at MVC

Advanced Accounting
This is a WECM Course Number.
Prerequisite: ACNT 2304 or ACNT 2404.
Course Description: Methods of measuring and communicating financial information with emphasis on consolidated statements and other complex business transactions. (3 Lec.)


ACNT 2335 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Financial Statement Analysis
This is a WECM Course Number.
Prerequisite: ACNT 1372.
Course Description: Financial statement analysis from a decision-maker's perspective. Analysis of corporate financial reports from a decision-maker’s perspective. Applications included credit analysis, equity valuation and financial distress, including the construction of financial statements, the meaning of accounts, ratios and other evaluation indices. The course is case-and-applications-oriented. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper-division course for the uniform Texas CPA exam. (3 Lec.)


ACNT 2337 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

International Financial Reporting
This is a WECM Course Number.
Prerequisite: ACNT 1373.
Course Description: An examination of the aspects of accounting that applies to multinational businesses. IFRS is an examination of the aspects of accounting that apply to multinational business and to practice outside the United States. Topics included in the course are: patterns of accounting practice in other nations, the promulgation of international accounting standards and the harmonization of standards; accounting problems associated with multinational operations; and a comparison of auditing, corporate governance and regulation issues around the world. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper-division course for the uniform Texas CPA exam. (3 Lec.)


ACNT 2339 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Advanced Auditing
This is a WECM Course Number.
Prerequisite: ACNT 2371.
Course Description: Advanced level of external auditing issues and practice. The focus is on current issues facing the auditing professions with emphasis on the challenges facing the audit practitioner in the foreseeable future. Emerging issues in auditing are identified and analyzed using audit concepts. Topics may include auditing theory and research, economic function of audits, professional standards, malpractice, securities regulation, statistical sampling and computerized auditing. Cases, readings, individual research and discussion. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper-division course and satisfy the required research component for the uniform Texas CPA exam. (3 Lec.)


ACNT 2341 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Management Auditing and Control
This is a WECM Course Number.
Prerequisite: ACNT 1374.
Course Description: Topics include internal audit standards, internal controls, risk assessment, evidence, documentation and communications. Auditing techniques including sampling and use of systems-based audit techniques. Review of ethics, emerging issues and industry specific matters. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper-division course for the uniform Texas CPA exam. (3 Lec.)


ACNT 2343 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Accounting Theory
This is a WECM Course Number.
Prerequisite: ACNT 1374.
Course Description: Analysis of Generally Accepted Accounting Principles (GAAP) and a detailed review of Financial Accounting Standards, including the theoretical foundations of GAAP. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper-division course for the uniform Texas CPA exam. (3 Lec.)


ACNT 2345 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Technical Writing for Accountants
This is a WECM Course Number.
Prerequisite: ACNT 1374 and ACNT 2371.
Course Description: Examination and application of effective written business and accounting communications. The course may also be offered for qualifying education credit for the CPA examinations by Texas Community Colleges that meet Texas State Board of Public Accountancy standards. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as a business-related course for the uniform Texas CPA exam. (3 Lec.)


ACNT 2347 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Accounting Research and Analysis
This is a WECM Course Number.
Prerequisite: ACNT 1374, ACNT 1393, ACNT 2370 and ACNT 2371.
Course Description: The course is designed to give accounting majors exposure to and appreciation of various types of research that are undertaken by accounting and auditing professionals, including CPA’s, tax professionals, financial analysts and academics. Account research will be studied as it relates to financial accounting standards, auditing, governmental accounting and gaining understanding of a business and industry, tax research and academic research. Students will gain experience working with professional accounting and tax research databases as well as other databases that are useful for accounting research. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper-division course and satisfy the required research component for the uniform Texas CPA exam. (3 Lec.)


ACNT 2370 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at MVC

Accounting Control Systems
This is a Local Need Course.
Prerequisite: ACNT 1372.
Course Description: In-depth study of methods used by managers for decision-making, budgeting and performance evaluation. Emphasizes cost accounting systems and procedures for data accumulation and cost control. Issues related to the design, control and implementation of accounting information systems. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper division accounting course for the uniform Texas CPA exam. (3 Lec.)

* Note: This Course Description includes updates that were added after it was originally published on May 28, 2013. (Original) | (Changes)


ACNT 2371 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at MVC

SEC Accounting and Auditing, Registration and Reporting
This is a Local Need Course.
Prerequisite: ACNT 1374.
Course Description: Legal, institutional and economic implications of being a U.S. public company. An examination of the interrelationships between accounting and government with particular emphasis on the effects of SEC regulations on accounting practices and reporting. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper division accounting course for the uniform Texas CPA exam. (3 Lec.)

* Note: This Course Description includes updates that were added after it was originally published on May 28, 2013. (Original) | (Changes)


ACNT 2372 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at MVC

Forensic Accounting in Family Law
This is a Local Need Course.
Prerequisite: ACNT 1305 and ACNT 1371 or ACNT 1375.
Course Description: Comprehensive presentation of common financial challenges and problems found in divorce engagements. Course will cover community property, separate property, and management of family law case, tracing, business valuation and division of property. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as a business-related course for the uniform Texas CPA exam. (3 Lec.)

* Note: This Course Description includes updates that were added after it was originally published on May 28, 2013. (Original) | (Changes)


ACNT 2373 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at MVC

Role of the Expert, Expert Testimony and the Expert Report
This is a Local Need Course.
Prerequisite: ACNT 1373 or ACNT 2303 and ACNT 1305 or ACNT 1375.
Course Description: Forensic accountants serve a variety of clients in a variety of roles. This course will explore these different roles whether as a consultant or expert, working for the plaintiff, defense or a regulator. In addition, the course will address issues confronted by the expert in developing and issuing an expert report. Other topics include the preparation and presentation methods needed to effective present both direct testimony and cross-examination and to enable the expert to withstand challenges from opposing counsel. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an accounting business-related course for the uniform Texas CPA exam. (3 Lec.)

* Note: This Course Description includes updates that were added after it was originally published on May 28, 2013. (Original) | (Changes)


ACNT 2374 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at MVC

Fund Accounting Measurement and Reporting
This is a Local Need Course.
Prerequisite: ACNT 1373.
Course Description: An introduction to the accounting principles and reporting practices of government organizations on the state and local level. Topics include the fund and governmental financial reporting model, government financial wide statement reporting, the preparation of fund and government-wide financial statements, footnote disclosures and management discussion and analysis. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an accounting course for the uniform Texas CPA exam. (3 Lec.)

* Note: This Course Description includes updates that were added after it was originally published on May 28, 2013. (Original) | (Changes)


ACNT 2375 (3 Credit Hours)
This course is not currently offered by Eastfield College.
Offered at MVC

Business Valuation
This is a Local Need Course.
Prerequisite: ACNT 1373 and ACNT 2335 or ACNT 1374.
Course Description: The objective of this course is to provide a framework for business valuation using financial accounting information. To attain the objective, the course will rely on ‘fundamental analysis’, which implies the use of financial reports and other relevant information to produce pro-forma financial statements and then use them to estimate a value for the business. Topics include advanced issues in accounting, earnings quality, performance measurement, cash flows and accounting-based valuation and trading strategies. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper division accounting course for the uniform Texas CPA exam. (3 Lec.)

* Note: This Course Description includes updates that were added after it was originally published on May 28, 2013. (Original) | (Changes)


ACNT 2376 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Forensic Damages and Valuation
This is a Local Need Course.
Prerequisite: ACNT 1373 or ACNT 2303 and ACNT 1375.
Course Description: This course will provide the student with an overview of the law related to damages and valuates of closely held businesses or assets that have no clearly established market valuation. The student will study various techniques available to determine forensic damages and forensic valuation. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an accounting business-related course for the uniform Texas CPA exam. (3 Lec.)


ACNT 2377 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Information Technology on Financial Statement Auditing
This is a Local Need Course.
Prerequisite: ACNT 1374.
Course Description: The course is designed to provide the financial statement auditor with an understanding of the information technology process along with the technical aspects of controls and control testing in an information technology. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper division accounting course for the uniform Texas CPA exam. (3 Lec.)


ACNT 2378 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Financial Statement Auditing Theory
This is a Local Need Course.
Prerequisite: ACNT 1374 or concurrent enrollment in ACNT 1374 and ACNT 1375.
Course Description: Exploration of the necessary skills and knowledge needed to offer services in assurance, attestation or auditing engagements. The main focus is the process used by external auditors to conduct financial statement audits. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an accounting course for the uniform Texas CPA exam. (3 Lec.)


ACNT 2379 (3 Credit Hours) New course added after May 28, 2013
This course is not currently offered by Eastfield College.
Offered at MVC

Mergers, Acquisitions and Investments
This is a Local Need Course.
Prerequisite: ACNT 1374.
Course Description: Study of accounting for mergers and acquisitions for GAAP and IFRS, the development of consolidated financial statements and related reorganization issues. Topics also include accounting for partnerships, financial instruments and bankruptcy. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper division accounting course for the uniform Texas CPA exam. (3 Lec.)


ACNT 2380 (3 Credit Hours)
Offered at BHC, CVC, EFC, ECC, MVC, NLC, RLC

Cooperative Education - Accounting
This is a WECM Course Number.
Prerequisite: ACNT 1380 and instructor approval.
Course Description: Career-related activities encountered in the student's area of specialization offered through an individualized agreement among the college, employer, and student. Under the supervision of the college and the employer, the student combines classroom learning with work experience. Includes a lecture component. (1 Lec., 20 Ext.)


ACNT 2403 (4 Credit Hours)
Course not offered this year at any colleges of DCCCD.

Intermediate Accounting I
This is a WECM Course Number.
Prerequisite: ACCT 2301 or ACCT 2401.
Course Description: Analysis of generally accepted accounting principles, concepts, and theory underlying the preparation of financial statements. This course is cross-listed as ACNT 2303. The student may register for either ACNT 2303 or ACNT 2403 but may receive credit for only one of the two. (4 Lec.)


ACNT 2404 (4 Credit Hours)
Course not offered this year at any colleges of DCCCD.

Intermediate Accounting II
This is a WECM Course Number.
Prerequisite: ACNT 2303 or ACNT 2403.
Course Description: Continued in-depth analysis of generally accepted accounting principles underlying the preparation of financial statements, including comparative analysis and statement of cash flows. This course is cross-listed as ACNT 2304. The student may register for either ACNT 2304 or ACNT 2404 but may receive credit for only one of the two. (4 Lec.)



Academic Courses
Designated by the Texas Higher Education Coordinating Board for transfer among community colleges and state public four year colleges and universities as freshman and sophomore general education courses.

WECM Courses
Designated by the Texas Higher Education Coordinating Board as workforce education (technical) courses offered for credit and CEUs (Continuing Education Units). While these courses are designed to transfer among state community colleges, they are not designed to automatically transfer to public four-year colleges and universities.