180 Chabot College 2024-2026 CREDIT COURSE LISTING, BUS Program Learning Outcomes 1. Understand and apply practices used in the management of retail stores. 2. Apply critical thinking and analytical skills in decision making and problem solving. 3. Create effective oral and written business communications using modern communication technologies. 4. Identify the basics of information technology and apply software applications to enhance efficiency of business functions. Required Core BUS 28 Human Relations in the Workplace 3 BUS 14 Business Communications 3 BUS 22 Introduction to Management 3 BUS 36 Introduction to Marketing 3 BUS 32 Retail Store Management 3 The above listing is a suggested sequence only. Some courses may have prerequisites. Students may take courses in any sequence except where a prerequisite applies. Total 15 BUSINESS (BUS) COURSES 1A Financial Accounting 4 Units Explores financial accounting, its importance and how it is used by internal and external users as a decision-making tool. Covers accounting information systems; application of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) to value assets, liabilities, and equity; preparation, interpretation and analysis of financial statements. Includes topics on cash flow statement, cash and accrual accounting concepts, merchandising operation, internal controls and ethics, reporting and accounting for receivables, payables, long-term assets and liabilities, inventory, depreciation, stockholders’ equity, stocks and bonds. Lecture: 72 hours Laboratory: 18 hours Strongly Recommended: BUS 7 1B Managerial Accounting 4 Units Examines how managers use accounting information in decision- making, planning, directing, operating, and controlling. Emphasis on cost terms and concepts, cost structure, cost behavior, cost-volume- profit analysis, profit planning, budgeting, budgetary controls, cost controls, accounting for manufacturing costs and ethics. Lecture: 72 hours Prerequisite: BUS 1A 2A Intermediate Accounting I 4 Units Application of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) to value assets, liabilities, and equity. Topics include time value of money, income statement, balance sheet, analysis of cash, receivables, inventory, plant assets, intangible assets, and the related revenues and expenses. BUS 2A (Intermediate Accounting I) and BUS 2B (Intermediate Accounting II) can be taken in any sequence after the successful completion of BUS 1A (Financial Accounting). Lecture: 72 hours Prerequisite: BUS 1A 2B Intermediate Accounting II 4 Units Application of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) to value assets, liabilities, and equity. Topics include analysis of current and long- term liabilities, leases, income taxes, pensions, equity, and the related revenues and expenses; preparation of the statement of cash flows. BUS 2A (Intermediate Accounting I) and BUS 2B (Intermediate Accounting II) can be taken in any sequence after the successful completion of BUS 1A (Financial Accounting). Lecture: 72 hours Prerequisite: BUS 1A 3A Taxation of Individuals 3 Units Preparation of Federal and California income tax returns for individuals through the absorption and application of income tax law, theory, practice. Completion of various tax forms, including Form 1040 (Individual), Schedules A (Itemized Deductions), B (Interest and Dividends), C (Profit or Loss from a Business), and D (Capital Gains and Losses). Other topics include depreciation, tax credits, tax planning, and tax research. Lecture: 54 hours 3B Taxation of Business Entities 3 Units A study of current Federal income tax law as it relates to sole proprietorships, corporations (C corps, S corps), and partnerships (General and Limited Partnerships, Limited Liability Companies, and Limited Liability Partnerships. California tax law differences will be highlighted. A student does NOT need to complete BUS-3A to enroll in this class. Lecture: 54 hours Prerequisite: BUS 7 or BUS 1A 3C Taxation of Trusts, Gifts, and Estates 2 Units Preparation of Federal and California income tax returns for trusts, estates, and gifts using tax software and manually. Topics include income tax law, theory, and practice, and preparation of Forms 1041 (Fiduciary), 706 (Estate) and 709 (Gift) and the related California tax forms. This course is part of the Enrolled Agent Exam Preparation Series. A student does NOT need to complete BUS-3B to enroll in this class. Lecture: 36 hours Strongly Recommended: BUS 3A
