Chabot College 2024-2026 181 CREDIT COURSE LISTING, BUS 3D Enrolled Agent Exam Preparation 3 Units Preparation for the IRS Enrolled Agent exam, known as the SEE (Special Enrollment Exam). Topics include taxation of individuals, inheritance, gifts, estates; taxation of small businesses, partnerships, farmers, C corporations, S corporations; taxation of not-for-profit entities, foreign corporations, and retirement plans. Other topics include fiduciary tax returns, determination of tax-exempt status, practice before the IRS and tax preparer rules. Course content will be adjusted to reflect changes in the SEE. Lecture: 54 hours Strongly Recommended: BUS 3A, BUS 3B, BUS 3C. 4 Cost Accounting 3 Units Principles of cost build up and techniques for gathering cost, cost control, job order, process costing, managerial use of cost data, emphasis on application of principles. Lecture: 54 hours Prerequisite: BUS 1B 5 Auditing 3 Units Examines philosophy, environment, principles, and practices of financial statements audits. Topics include Generally Accepted Auditing Standards (GAAS), Sarbanes-Oxley Act regulatory environment, professional ethics, auditor’s responsibilities and legal liability; fraud, internal controls and audit risk; audit planning, audit procedures, sampling tools, audit evidence, documentation, opinions and reports. Lecture: 54 hours Prerequisite: BUS 1A 6 Accounting Ethics 3 Units A comprehensive study of ethical issues that accountants must address in the various sectors of accounting. Topics include general principles of ethics applied to accounting, personal responsibilities, the AICPA Code of Professional Conduct, tax/audit/accounting issues, confidentiality, independence, conflicts of interest, discreditable acts, whistleblower duties, and the Sarbanes-Oxley Act. Lecture: 54 hours Strongly Recommended: BUS 1A or BUS 7. 7 Accounting for Small Business 3 Units Bookkeeping practices and accounting cycle for a service and merchandising sole proprietorship. Double-accounting entry system (debits and credits), journal, ledgers, adjusting and closing entries, income statement, balance sheet, and statement of owner’s equity, cash, banking activities, payroll, merchandising transactions. Lecture: 54 hours Laboratory: 18 hours 8 Payroll Accounting 3 Units The laws, principles and procedures of payroll accounting in both manual and computerized environments. Concepts covered include preparation of payroll records and reports; payroll law and practices; computation of taxes, including Social Security, federal income tax, state income taxes, and unemployment taxes and voluntary withholdings. Lecture: 54 hours Strongly Recommended: BUS 1A or BUS 7 or equivalent 10 Business Law 4 Units Fundamental legal principles pertaining to business transactions. Introduction to the legal process. Topics include sources of law and ethics, contracts, torts, criminal law, intellectual property, agency and employment law, and business organizations. Lecture: 72 hours 11 Governmental and Nonprofit Accounting 3 Units A study of accounting, budgeting, auditing, fiscal procedures and financial records of governmental agencies such as state, county and municipal governments, as well as universities and colleges, hospitals, and certain nonprofit organizations. Lecture: 54 hours Prerequisite: BUS 1A or BUS 7. 12 Introduction to Business 3 Units Survey of the private enterprise system and basic business concepts, business economics, types of business ownership, ethics, globalization, and organizational functions (management, marketing, accounting, human resources, and finance). Provides a multidisciplinary examination of how culture, society, economic systems, legal, international, political, financial institutions, and human behavior interact to influence an organization’s policies and practices within the U.S. and a global environments. Lecture: 54 hours 14 Business Communications 3 Units This course applies the principles of ethical and effective communication to the creation of letters, memos, emails, and written and oral reports for a variety of business situations. The course emphasizes planning, organizing, composing, and revising business documents using word processing software for written documents and presentation-graphics software to create and deliver professional-level oral reports. This course is designed for students who already have college-level writing skills. Lecture: 54 hours Laboratory: 18 hours Strongly Recommended: ENGL 1 16 Business Mathematics 3 Units Mathematics to solve typical business problems including banking, simple interest, compound interest, installment sales, trade and cash discounts, markup percents, pricing, discounting notes and drafts, payroll, insurance, statistics, stocks, bonds, and mutual funds. Lecture: 54 hours
