Accounting

Associate Degree

A.A. in Accounting

The Accounting degree is designed for students planning to seek accounting positions in business, industry, or government upon completion of two years of college study. The program also meets the needs of employed individuals seeking to learn applications of accounting theory as practiced in the field. The program provides the foundation for individuals to prepare financial statements and record business transactions for all types of business and industry. Students develop a strong knowledge base of U.S. Generally Accepted Accounting Principles (GAAP) and accounting procedures. Communication skills, teamwork, computer technology, and ethical behavior are also emphasized.

For those students interested in transferring to a four-year college or university to pursue a bachelor’s degree in this major, it is critical that students meet with an FLC counselor to select and plan the courses to fulfill major requirements. Schools vary widely in terms of the required preparation. The courses that FLC require for an A.A. degree in this major may be different from the requirements needed for a Bachelor’s degree.

Degree Requirements

Course Code Course Title Units
ACCT 103 Intermediate Accounting - Part I 4
ACCT 104 Intermediate Accounting - Part II 4
ACCT 107 Auditing 3
ACCT 111 Cost Accounting 3
ACCT 301 Financial Accounting 4
ACCT 311 Managerial Accounting 4
ACCT 341 Computerized Accounting 3
BUS 340 Business Law 3
BUSTEC 363 Introduction to Electronic Spreadsheets 1
BUSTEC 364 Intermediate Electronic Spreadsheets 1
ECON 302 Principles of Macroeconomics (3) 3
Total Units: 33

The Accounting Associate in Arts (A.A.) degree may be obtained by completion of the required program, plus general education requirements, plus sufficient electives to meet a 60-unit total. See FLC graduation requirements.

Student Learning Outcomes

Upon completion of this program, the student will be able to:

  • record, classify, summarize and report the business transactions of a company.
  • prepare financial statements in conformity with accounting principles generally accepted in the United States of America.
  • analyze and prepare financial information for management decision-making.
  • communicate financial information effectively within a business environment
  • provide management support in the budgeting, planning and decision-making processes.
  • understand the role of ethics and standards of professional conduct in the accounting profession.
  • integrate the principles of business, business law, taxation, and economics into accounting functions.
  • apply principles of accounting to business situations and to understand other functions of business: marketing, management, finance and information processing.

Career Information

Career Opportunities: Entry-level employment opportunities include positions in accounts receivable, accounts payable, payroll, and cost accounting. Job titles include Account Clerk and Payroll Clerk. Promotional opportunities include higher-level responsibilities in these areas and the areas of general ledger, financial statement preparation, and financial statement analysis. Job titles include Senior Account Clerk Accounting Technician, and Office Manager/Bookkeeper.

Certificates of Achievement

Accounting Computer Applications Certificate

The Accounting Computer Applications program is designed for those individuals who wish to become proficient in the use of computers for business accounting purposes. The program offers a core curriculum that provides the academic and technical background for individuals who wish to prepare for entry-level accounting positions in business and industry using both accounting and personal computer skills.

Certificate Requirements

Course Code Course Title Units
ACCT 301 Financial Accounting 4
ACCT 311 Managerial Accounting 4
ACCT 341 Computerized Accounting 3
BUSTEC 363 Introduction to Electronic Spreadsheets (1) 1
BUSTEC 364 Intermediate Electronic Spreadsheets (1) 1
CISA 320 Introduction to Database Management 1
CISA 321 Intermediate Database Management 1
CISC 300 Computer Familiarization (1) 1 - 3
   or CISC 310 Introduction to Computer Information Science (3)
Total Units: 16 - 18

Student Learning Outcomes

Upon completion of this program, the student will be able to:

  • record, classify, summarize and report the business transactions of a company.
  • prepare financial statements in conformity with accounting principles generally accepted in the United States of America.
  • analyze and prepare financial information for management decision-making.
  • communicate financial information effectively within a business environment.
  • perform basic business computer skills with specific knowledge of commercial accounting software.

Gainful Employment

The US Department of Education requires colleges to disclose a variety of information for any program that is eligible for financial aid that "prepares students for gainful employment in a recognized occupation." The following link provides Gainful Employment Disclosure information for this certificate program:

Gainful Employment Information for Accounting Computer Applications Certificate of Achievement

Career Information

Career Opportunities: Entry-level employment opportunities include positions in accounts receivable, accounts payable, payroll, and cost accounting. Job titles include Account Clerk and Payroll Clerk. Promotional opportunities include higher-level responsibilities in these areas and the areas of general ledger, financial statement preparation, and financial statement analysis. Job titles include Senior Account Clerk Accounting Technician, and Office Manager/Bookkeeper.


Accounting Certificate

The Accounting Certificate is a program which prepares students for entry level positions in accounting. The program is designed for students who would like to gain a core understanding of the principles of accounting. Many who take the certificate program are looking for advancement in their careers or the ability to learn a new skill set. Certificate recipients are competent to record and maintain financial data in journals and ledgers from date of original transaction through a full accounting cycle terminating with closing entries and statement preparation.

Certificate Requirements

Course Code Course Title Units
ACCT 103 Intermediate Accounting - Part I 4
ACCT 104 Intermediate Accounting - Part II 4
ACCT 107 Auditing 3
ACCT 111 Cost Accounting 3
ACCT 301 Financial Accounting 4
ACCT 311 Managerial Accounting 4
BUS 340 Business Law 3
Total Units: 25

Student Learning Outcomes

Upon completion of this program, the student will be able to:

  • record, classify, summarize and report the business transactions of a company.
  • prepare financial statements in conformity with accounting principles generally accepted in the United States of America.
  • analyze and prepare financial information for management decision-making.
  • communicate financial information effectively within a business environment.
  • provide management support in the budgeting, planning and decision-making processes.

Gainful Employment

The US Department of Education requires colleges to disclose a variety of information for any program that is eligible for financial aid that "prepares students for gainful employment in a recognized occupation." The following link provides Gainful Employment Disclosure information for this certificate program:

Gainful Employment Information for Accounting Certificate of Achievement

Career Information

Career Opportunities: Entry-level employment opportunities include positions in accounts receivable, accounts payable, payroll, and cost accounting. Job titles include Account Clerk and Payroll Clerk. Promotional opportunities include higher-level responsibilities in these areas and the areas of general ledger, financial statement preparation, and financial statement analysis. Job titles include Senior Account Clerk Accounting Technician, and Office Manager/Bookkeeper.