Accounting

Name Title Credits School
ACCT 101 Accounting I 3.00 School of Management
A study of accounting fundamentals. Topics include the accounting cycle, statement preparation, systems, asset valuations, accounting concepts, and principles for the sole proprietorship.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3

ACCT 102 Accounting II 3.00 School of Management
Continues the study of accounting fundamentals. Topics include partnership, corporations, liabilities, manufacturing, accounting and statement analysis.

Prerequisite Course(s): Prerequisite: ACCT 101

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3

ACCT 110 Managerial Accounting 3.00 School of Management
Special emphasis is placed on the collection and interpretation of data for managerial decision-making purposes. A study is made of cost concepts used in planning and control, cost- profit-volume analysis, and budgeting.

Prerequisite Course(s): Prerequisite: ACCT 101

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3

ACCT 302 Federal Taxation I 3.00 School of Management
A study of federal tax structure as it applies to the taxation of individuals. Topics covered include: filing status, exemptions, income, exclusions, deductions, credits and other taxes. Property transactions will also be covered. This course will include elements of tax research; ethics, communication and the preparation of tax forms.

Prerequisite Course(s): Prerequisite: ACCT 135 or ACCT 205 or ACCT 210

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3

ACCT 306 Cost Accounting 3.00 School of Management
Examines the importance of cost accounting to the various levels of management and the dual function of cost as an information system and as a tool for planning and control. Concepts in the accumulation of manufacturing costs, job order, and process costs systems are stressed. A study of budgets and standard cost systems as a function for planning and control; direct costing, break-even and cost-volume-profit analysis, as an aid to decision making.

Prerequisite Course(s): Prerequisite: ACCT 105 or ACCT 205

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3

ACCT 311 Not for Profit Accounting 3.00 School of Management
A study of accounting principles, procedures and reporting requirements as they apply to governmental units and to private non-profit organizations. Areas covered will include governmental units, hospitals, universities, and other public sector entities.

Prerequisite Course(s): Prerequisite: ACCT 105 or ACCT 205

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3

ACCT 315 Financial Statement Analysis 3.00 School of Management
A critical review of corporate financial reports and associated footnotes from the perspectives of different potential users including: creditors, management and investors. Use of financial statements in the assessment of business performance. Exposure to methods for the adaptation of financial statements for decision-making. Topics include: statements of income, balance sheet, cash flow from operation and free cash flow; financial ratio analysis, cash budgets, pro forma statements, forecasting growth potential and financial requirements; quality of earnings, inventory valuation and depreciation methods.

Prerequisite Course(s): Prerequisite: Take FINC 201 and one course in this group: ACCT 105 or ACCT 110 or ACCT 201

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3

ACCT 316 Intermediate Accounting I 3.00 School of Management
This course is an in-depth analysis of accounting principles and theory related to the asset side of a corporation's balance sheet. This course is also required in the public acccounting and finance options.

Prerequisite Course(s): Prerequisite: ACCT 205 or ACCT 102

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3

ACCT 317 Intermediate Accounting II 3.00 School of Management
This course is an in-depth analysis of accounting principles and theory related to the liabilities and stockholders' equity side of a corporation's balance sheet.

Prerequisite Course(s): Prerequisite: ACCT 316

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3

ACCT 325 Financial Accounting 3.00 School of Management
Builds on ACCT 101 and 205; special emphasis is placed on both the theoretical and analytical aspects of financial accounting. A detailed study is made of preparation of financial statements of a corporation, income determination, financial assets, accounting of inventories, longterm assets and intangibles, and cash flow statements. This course is also required in the public accounting and finance options.

Prerequisite Course(s): Prerequisite: ACCT 205 or ACCT 102

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3

ACCT 340 Accounting in Action 0.00 School of Management
Linked to a content course, student engagement into community service provides the means to gain a deeper understanding of content course objectives, acquire new knowledge, and engage in civic activity.

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 0-0-0

ACCT 402 Federal Taxation II 3.00 School of Management
Federal income taxation for partnerships, corporations, estates and trusts: Preparation of returns. Introduction to federal income tax procedure.

Prerequisite Course(s): Prerequisite: ACCT 302

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3

ACCT 406 Internal Auditing 3.00 School of Management
Internal control, behavioral aspects, audit reporting, the management of internal auditing, its status as a profession, internal auditing techniques such as: internal control questionnaires, flowcharting, interviewing and statements and standards of major professional auditing and accounting bodies.

Prerequisite Course(s): Prerequisite: ACCT 201 or ACCT 306 or ACCT 315 or ACCT 325

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3

ACCT 411 Auditing 3.00 School of Management
Fundamentals of auditing principles and procedures under generally accepted auditing standards will be covered. Auditor's reports. professional ethics and legal responsibilities, EDP considerations, statistical sampling, applications in auditing, the role of internal control in relation to the auditor and substantive audit procedures of assets, liabilities and equity capital will be reviewed. Communication of auditor findings to applicable parties will also be studied.

Prerequisite Course(s): Prerequisite: ACCT 135 or ACCT 201 or ACCT 210 or ACCT 325 or ACCT 316

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3

ACCT 416 Advanced Accounting 3.00 School of Management
Business combinations and consolidated financial statements under the purchase method and the accounting for goodwill is the core of this course. Specialized topics include branch accounting, partnership and foreign currency translation. A research project is required.

Prerequisite Course(s): Prerequisite: ACCT 135 or ACCT 201 or ACCT 210 or ACCT 325 or ACCT 316

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3

ACCT 435 Accounting Seminar, Research, and Communication 3.00 School of Management
A capstone course integrating financial, cost and managerial accounting . Topics emphasize decision making policy.

Corequisite Course(s): Co-requisite: ACCT 406

Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3