Accounting

The Accounting program at UH Maui College is designed to prepare students for entry-level positions in the accounting profession within government and private business.  Students who select the Accounting program should have the interest and aptitude for computational work.  Students are prepared to work as an Account Clerk or Accounting Assistant with completion of the Certificate of Achievement (30 credits), and as a Bookkeeper with completion of the Associate in Applied Science degree (61 credits).  With additional education, graduates of this program may become an Accountant or Auditor.

Students planning to transfer to the UH Maui College ABIT program, the UH Mānoa Shidler College of Business, or to business programs at UH Hilo, UH West Oahu, or another college should see a counselor about the requirements for entrance to these schools.  These colleges have specific entrance requirements and not all Accounting program courses fulfill these requirements or are transferable.  Accounting majors are required to earn a letter grade of C or better (or credit-by-exam) for Accounting courses.

Contact the Accounting Program Coordinator Aubrey Weston at 808-984-3470 or email at aubrey77@hawaii.edu for more information.

Program Learning Outcomes

  1. Demonstrate satisfactory proficiency in the basic fundamental principles of financial and managerial accounting following generally accepted accounting principles with special emphasis on the elements of the accounting cycle; the rules of debit and credit, journalizing and posting, trial balances, adjustments, worksheets, financial statements, and the closing process.
  2. Demonstrate satisfactory proficiency in the basic principles procedures, terminology, and application of income and payroll tax laws.
  3. Demonstrate satisfactory proficiency in hands-on accounting skills for maintaining accounting records using commercial accounting software, and the use of spreadsheets to solve accounting problems.

Degrees and Certificates

Classes

ACC 124 : Principles of Accounting I

Introduces basic accounting principles and practices for service and/or merchandising types of businesses. Areas include: accounting as an information system, the accounting cycle, financial statements, and internal control, current and/or long-term assets, current liabilities and payroll. Special emphasis will be placed upon the practical application of accounting principles.

Credits

3

Prerequisites

ENG 19 with grade C or better or placement at least ENG 22, and MATH 75X with grade C or better or placement at least MATH 82, or consent.

ACC 125 : Principles of Accounting II

Continues the study of financial accounting procedures. Areas include: long-term assets, long-term liabilities, accounting for corporations and/or partnerships.

Credits

3

Prerequisites

ACC 124 with grade C or better, or consent.

ACC 132 : Payroll & Hawai‘i General Excise Tax

Introduces principles, manual and computerized procedures, and terminology for business applications of payroll accounting. Includes preparation and filing of federal and Hawai‘i state forms for payroll taxes and Hawai‘i General Excise and Use Tax.

Credits

3

Prerequisites

Prereq or coreq: ACC 124 or ACC 201 (or concurrent), or consent.

ACC 134 : Individual Income Tax Preparation

Introduces the preparation of federal and State of Hawai‘i individual income tax returns with an emphasis on tax laws and regulations and their application to the tax returns. This course is intended for an individual preparing basic tax returns under the supervision of an accounting professional.

Credits

3

Prerequisites

ENG 22 with grade C or better, or placement at ENG 100, or consent.

ACC 137 : Business Income Tax Preparation

Introduces Federal and Hawai‘i tax laws and regulations and basic return preparation for business entities. This course is intended for an individual preparing basic tax returns under the supervision of an accounting professional. The student will learn to conduct basic tax research using online databases and resources. The student will also learn to prepare tax returns both manually and using commercial tax software.

Credits

3

Prerequisites

ACC 134 with grade C or better, or consent.

ACC 201 : Introduction to Financial Accounting

Introduces accounting principles and practices used to record and communicate financial information. Analyzes methods for valuating assets, liabilities, and equity of an organization. (Letter and Audit grades only.)

Credits

3

Prerequisites

ACC 124 with grade C or better; or both ENG 22 with grade C or better (or placement at ENG 100) and MATH 75X with grade C or better (or placement at least MATH 82); or consent.

ACC 202 : Introduction to Managerial Accounting

Introduces methods for evaluating financial performance, including cost accounting, budget, break-even analysis, ratio analysis, and sources and uses of funds. (Letter and Audit grades only.)

Credits

3

Prerequisites

ACC 125 or ACC 201, or consent.

ACC 252 : Using QuickBooks® in Accounting

Provides “hands-on” approach to computerized accounting using QuickBooks®. Applies previously acquired accounting skills and knowledge in a computerized environment to set up and maintain accounting records. Emphasis will be placed on the application of QuickBooks® to the accounting cycle.

Credits

3

Prerequisites

Prereq or coreq: ACC 125/201, and BUSN 150 or ICS 101, both with C or better or consent.

ACC 255 : Using Excel in Accounting

Provides “hands-on” training in the use of spreadsheets on computers to solve accounting problems. Applies previously acquired accounting skills and knowledge. Emphasizes financial and managerial accounting.

Credits

3

Prerequisites

ACC 202 (or concurrent) and either BUSN 150 or ICS 101, both with grade C or better, or consent.

ACC 295 : Accounting Capstone

Provides an opportunity to demonstrate the knowledge and understanding gained during the Accounting program. Includes projects on financial, managerial, payroll accounting, and income tax preparation with use of computers. Emphasizes the use of ethics in business decisions.

Credits

3

Prerequisites

ACC 132, 134, and 202, all with grade C or better, and ACC 255 (or concurrent), or consent.

ACC 300 : Intermediate Financial Accounting I

Emphasizes the application of generally accepted accounting principles to the preparation and use of financial statements in decision-making. Special emphasis placed on recognition and measurement of revenues, cash, receivables, inventories, property, plant and equipment, depreciation and depletion, and intangibles. Includes use of spreadsheets.

Credits

3

Prerequisites

ACC 202, or consent.