Accounting Diploma
Do you like working with numbers, organizing data and communicating with people? Then a career in accounting may be the perfect fit for you. Here at Iowa Lakes, you have the option of pursuing a Certified Professional Bookkeeper Certificate, an Accounting Diploma or an Associate in Applied Science Degree as an Accounting Specialist.
Learn something new every day while acquiring the skills and knowledge needed to succeed in an accounting career. Become familiar with the basic principles of accounting and discover the variety of specialties within this industry, including public accounting, private accounting or governmental and nonprofit accounting.
Prepare for a recession-proof career in a field that’s stimulating, challenging and constantly evolving. Learn how the business world works and gain the skills and experience of a specialist.
Faculty Contact
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Erin Latona Executive Dean of the Estherville Campus 712-362-7913 | elatona@iowalakes.educreate new email |

Program Details
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Curriculum
Term 1
ACC 131 – Principles of Accounting I
The course examines the accounting methods, principles and terminology needed in the preparation and analysis of financial statements. Included is a study of partnership accounting.
ENG 105 – Composition I
Emphasis on expository and argumentative writings including a review of usage and mechanics.
Prerequisites: Satisfactory score on the ACT, Accuplacer, ASSET,COMPASS as determined by Iowa Lakes policy
CSC 110 – Intro to Computers
CSC-110 is an introductory course that surveys a variety of topics to include history, hardware, software, terminology, communications, computer ethics, and societal impact of computers. In addition to computer literacy, students will complete hands-on modules using operating systems, word processing, database, presentation, and spreadsheet software; such as Microsoft Office programs.
BUS 175 – Business Seminar I
Introduces business and accounting students to career opportunities in the business world. The course includes methods of networking and the processes needed to successfully begin a career.
BUS 161 – Human Relations†
Students are given the opportunity to apply human relations concepts and evaluate experience and observations. Social skills required in various occupational settings will be developed, emphasizing how appropriate personal attitudes lead to social and business success.
Term 2
ACC 132 – Principles of Accounting II
Continuation of ACC 131, covering corporate accounting, long-term debts, financial analysis, managerial accounting and budgeting concepts.
Prerequisites: ACC 131 – Principles of Accounting I
ACC 161 – Payroll Accounting
This introductory course covers the processes of completing payroll records and implementing payroll procedures. Topics include methods of computing compensation, state and federal laws affecting payroll, mandatory and voluntary payroll deductions, methods of keeping records, and preparation of internal and governmental reports.
Prerequisites: ACC 131 – Principles of Accounting I
ACC 311 – Computer Accounting
This course is designed to provide hands-on approach to learning how modern computerized accounting systems function. This application includes the following: general ledger, accounts payable, accounts receivable, bank reconciliation, budgeting, purchase order processing and inventory, sales order processing and inventory, fixed assets, and payroll.
BUS 115 – Business Correspondence
The course emphasizes correct grammar, punctuation, spelling and tone as applicable to written business communications, letters and memos. Included are techniques for writing informational, persuasive, sales, and good and bad news messages.
SPC 101 – Fundamentals of Oral Communication†
The fundamentals course develops the basic skills involved in a variety of communication situations, including oral presentations and interpersonal speaking. Emphasis is placed on organization, audience analysis, vocal and physical delivery, listening, nonverbal communication, critical thinking, and methods of dealing with communication apprehension through class discussion and activities.
Term 3
ACC 702 – Certified Bookkeeper Review
The course is designed to prepare students for successful completion of the Certified Bookkeeper National Certification Examination. Included in the course is a review of adjusting entries, correction of accounting errors, payroll accounting, depreciation, inventory, and internal controls and fraud prevention.
Prerequisites: ACC 131 – Principles of Accounting I
ACC 929 – Individual Projects
Provides experience in the application of accounting principles to a simulated retail business.
Grading: P/Q
† indicates a course that fulfills the diversity requirement. This course may also fulfill another general AA requirement.