ACCT 240 Computerized Accounting • 5 Cr.


Using a mid-range accounting system, students complete all functions of a full accounting cycle. Topics include use of the general ledger, recording accounting transactions, accounts receivable, accounts payable, inventory, job costing, payroll, reporting and financial statements. Recommended: ACCT 101 or ACCT&201.


After completing this class, students should be able to:

  • Analyze and record financial transactions using accounting software.
  • Prepare the payroll for a service or a merchandising business.
  • Prepare revenue and payroll tax forms for state or federal government.
  • Describe, calculate and prepare end-of-period transactions.
  • Create, report, and analyze financial statements and reports using accounting software.
  • Analyze and discuss the effects of transactions on the fundamental accounting equation.
  • Complete a computerized recordkeeping system of accounting.
  • Discuss the use and application of ethics in computerized financial accounting.