skip to content

2012 - 2013 Undergraduate Catalog

Course Descriptions

Accounting:

Back to all Departments

Icon Legend

  • Prerequisites
  • General Education
  • Writing Emphasis
  • Travel Course
  • Repeatable
  • Additional Fees
Credits1-4
Field EXP
ACCTG-299

Travel Course

  • Pre-Requisites
  • General Education
  • Travel Course
  • Repeatable

Travel courses are conducted to various parts of the world and are led by one or more faculty members. May be repeated to different locations.

Prerequisites
P: cons of instr & prior trip arr & financial deposit.
  • Gen Ed: World Culture
  • Travel Course
  • Course is repeatable for credit.
Credits4
Lecture
Spring
Fall
ACCTG-300

Introductory Accounting

Principles, concepts and terminology of financial accounting including coverage of the measurement and recording of business income and transactions, current and long-term assets, current and long-term liabilities, corporate equity, statement of cash flows and financial statement analysis. Ethical considerations and analysis of company statements are integrated into the course.

Prerequisites
P: so st.
    Credits4
    Lecture
    Spring
    Fall
    ACCTG-301

    Intermediate Accounting

    Financial accounting theory, concepts, principles and procedures relating to the measurement and reporting of cash, receivables, inventories, fixed assets, intangibles, current liabilities, long-term debt, owner's equity; preparation and understanding of the balance sheet and income statement.

    Prerequisites
    P: Acctg 300 with at least a "B" grade.
      Credits3
      Lecture
      Spring
      Fall
      ACCTG-302

      Managerial Accounting I

      The use and understanding of management accounting information for planning, control, performance evaluation, decision making; product costing using traditional and activity based costing techniques, just-in-time, cost-profit-volume relationships, budgeting, variance analysis, decentralization, relevant costing, and ethics.

      Prerequisites
      P: Acctg 300.
        Credits2
        Lecture
        Spring
        Fall
        ACCTG-303

        Seminar in Accounting Professionalism

        Seminar in Accounting Professionalism is designed to familiarize prospective accounting majors with their profession. Topics will include various career paths in accounting, professional demeanor, and professional ethics.

        Prerequisites
        P: Acctg 300.
          Credits3
          Lecture
          Spring
          Fall
          ACCTG-305

          Legal Environment of Business

          Laws affecting business, emphasizing the Uniform Commercial Code. Introduction to law and the legal process, contracts, agency, property, landlord-tenant and real estate laws, sales and consumer protection laws, secured transactions, negotiable instruments, corporation and partnership law, and estate and bankruptcy law.

          Prerequisites
          P: earned cr > or = 36 and gpa > or = 2.50; or major/minor in Bus Adm or major/minor in Acctg or spl clsf of PBM or gr st.
            Credits4
            Lecture
            Spring
            Fall
            ACCTG-306

            Business Law II

            Builds upon basic concepts covered in Acctg 305 to further explore the legal implications of business transactions. Deals with federal and widely adopted uniform law. Topics include corporate law with an emphasis on traditional state law regulation of the corporation, trusts and wills, real property law, contracts for the sale of goods, debtor and creditor relations, and Commercial Paper.

            Prerequisites
            P: Acctg 305.
              Credits3
              Lecture
              Fall
              ACCTG-312

              Managerial Accounting II

              Expands and broadens the concepts and methods presented in Acctg 302. Job order, process, and joint product costing systems, ABC costing, standard costing, budgeting, JIT and cost estimation. Significant exposure to current issues and practices. Writing skills emphasized.

              Prerequisites
              P: Acctg 302 with at least a B grade; REC: Bus Adm 216 or Math 260 or Comm Sci 205.
                Credits3
                Lecture
                Fall
                ACCTG-313

                Advanced Financial Accounting I

                An expansion of intermediate financial accounting. Specialized financial accounting topics, including price-level accounting, accounting changes, cash flow statement preparation, tax allocation, accounting for leases and pensions, special sales arrangements and partnerships; AICPA and FASB pronouncements affecting accounting practice.

                Prerequisites
                P: Acctg 301 with at least a B grade.
                  Credits3
                  Lecture
                  Spring
                  ACCTG-314

                  Advanced Financial Accounting II

                  Accounting for long-term investments; business combinations; preparation of consolidated financial statements; inter-company profit issues; inter-company debt and preferred stock issues; earnings-per-share calculations; accounting for branch operations and foreign operations.

                  Prerequisites
                  P: Acctg 301 with at least a B grade; REC: Acctg 313.
                    Credits3
                    Lecture
                    Spring
                    Fall
                    ACCTG-316

                    Governmental and Nonprofit Accounting

                    Financial and managerial accounting concepts, theory and terminology related to state and local governmental entities and not for profit organizations including universities, health care organizations, voluntary health and welfare organizations and other not for profit entities. Analysis of actual municipal financial statements. Case studies, group work and/or class presentations emphasize application of theory to actual situations including ethical considerations.

                    Prerequisites
                    P: Acctg 300; Acctg 301 with at least a C grade.
                      Credits3
                      Lecture
                      Fall
                      ACCTG-410

                      Introduction to Income Tax Theory and Practice

                      Federal income taxation, especially tax rules and the determination of taxable income for individuals. Topics include: exclusions, deductions, passive activity losses, property transactions, nontaxable exchanges, capital gains and losses.

                      Prerequisites
                      P: Acctg 300; Acctg 301 with at least a C grade; REC: Acctg 305.
                        Credits4
                        Lecture
                        Fall
                        ACCTG-411

                        Financial Information Systems

                        Principles of systems design, emphasizing organizational structure; internal control; flow charts and the impact of people on systems studies; systems requirements of the procedural areas of accounting systems, such as cash, purchasing, inventory management, sales, and billing.

                        Prerequisites
                        P: Acctg 302 with at least a B grade.
                          Credits4
                          Lecture
                          Spring
                          ACCTG-412

                          Auditing Standards and Procedures

                          Audit standards, professional ethics, legal liability of auditors; audit procedures relating to assets, liabilities, equity, revenue and expense accounts; review of computer applications in auditing, statistical sampling and internal auditing.

                          Prerequisites
                          P: Acctg 313 and 411.
                            Credits3
                            Field EXP
                            Spring
                            ACCTG-413

                            VITA

                            Students will work in the community to prepare tax returns for students, low income individuals and families, and the elderly.

                            Prerequisites
                            P: Acctg 300; REC: Acctg 410
                              Credits3
                              Lecture
                              Spring
                              ACCTG-414

                              Managerial Accounting III

                              Expands and broadens the concepts and methods presented in Acctg 302 and 312. Cost concepts for decision-making, cost volume profit analysis, relevant costing, performance measurement, variable costing, transfer pricing, and decision making under uncertainty. Writing skills are emphasized.

                              Prerequisites
                              P: Acctg 312; REC: Math 260 or Bus Adm 216 or Comm Sci 205.
                                Credits3
                                Lecture
                                Spring
                                ACCTG-415

                                Advanced Income Tax Theory and Practice

                                Advanced topics in federal taxation, with emphasis on the federal taxation of corporations, partnerships, and exempt organizations. Estate and gift taxation and the income taxation of estates and trusts.

                                Prerequisites
                                P: Acctg 410.
                                  Credits1-12
                                  Field EXP
                                  Spring
                                  Fall
                                  ACCTG-497

                                  Internship

                                  Supervised practical experience in an organization or activity appropriate to a student's career and educational interests. Internships are supervised by faculty members and require periodic student/faculty meetings.

                                  Prerequisites
                                  P: jr st and major/minor in Acctg; min 2.75 GPA; Acctg 301.
                                  • Course is repeatable for credit.
                                  Credits1-4
                                  IND Study
                                  Spring
                                  Fall
                                  ACCTG-498

                                  Independent Study

                                  Independent study is offered on an individual basis at the student's request and consists of a program of learning activities planned in consultation with a faculty member. A student wishing to study or conduct research in an area not represented in available scheduled courses should develop a preliminary proposal and seek the sponsorship of a faculty member. The student's advisor can direct him or her to instructors with appropriate interests. A written report or equivalent is required for evaluation, and a short title describing the program must be sent early inthe semester to the registrar for entry on the student's transcript.

                                  Prerequisites
                                  P: fr or so st with cum gpa > or = 2.50; or jr or sr st with cum gpa > or = 2.00.
                                  • Course is repeatable for credit.
                                  Credits1-6
                                  Field EXP
                                  ACCTG-499

                                  Travel Course

                                  • Pre-Requisites
                                  • General Education
                                  • Travel Course
                                  • Repeatable

                                  Travel courses are conducted to various parts of the world and are led by one or more faculty members. May be repeated to different locations.

                                  Prerequisites
                                  P: cons of instr & prior trip arr & financial deposit.
                                  • Gen Ed: World Culture
                                  • Travel Course
                                  • Course is repeatable for credit.