Accounting Principles Board and Financial Accounting Standards Board pronouncements. Preparation of individual income tax returns on actual governmental forms required. Prevailing New York State and New York City income and business tax laws and regulations. Preparation of individual and business tax returns required. Highly recommended for ALL A.A.S. Accounting Degree Students.
Course integrates a financial analysis perspective with the business decision-making process.
The double-entry system, Recording of Business transactions and the interpretation of Financial Statements represents the financial segment. Cash Management, Federal Income Taxes and Measures of Profitability reflect the Management role of Accounting. Not transferable to any four year college for above listed majors. Independent study of Accounting is developed individually between student and faculty member and must be approved by the Department. This course is of a topical and pilot nature and is designed to meet the immediate needs and interests of various student populations.