ACCT240. Principles of Accounting I

Introduction to the basics of the accounting cycle, including the analysis of accounting transactions and how accounting transactions impact the preparation of the Financial Statements. Introduction to generally accepted accounting principles (GAAP) for transactions common among all companies reporting in the US. 3 credits.

ACCT242. Principles of Accounting II

Continuation of ACCT 240. Introduction to internal accounting tools and techniques common among all companies for determining the cost to provide a product or service. Introduces cost-volume-profit analysis, budgeting, standard costing and analysis of variances between budgeted amounts and actual results. Introduction to the format and interpretation of the Statement of Cash Flows. Prerequisite: ACCT 240. 3 credits.

ACCT295. Special Topics

Selected topics in accounting. Topics may vary from semester to semester. May be repeated for credit when topics change. Prerequisite: Permission of the instructor. 1-3 credits.

ACCT296. Legal Environment

A survey of the critical business law requirements that are needed for day-to-day business operations. Topics such as contracts, consumer protection, agency and bailments will be included. 3 credits.

ACCT311. Studies Abroad

Primarily intended for transfer of credit earned abroad in courses in accounting. 1-18 credits.

ACCT312. Studies Abroad

Primarily intended for transfer of credit earned abroad in courses in accounting. 1-18 credits.

ACCT340. Intermediate Accounting I

Review of the accounting cycle; development of the theoretical foundation of financial reporting; accounting for assets; payroll accounting; additional topics related to current developments in financial accounting and reporting. Offered fall semester only. Prerequisite: ACCT 242 with a C- or better. 3 credits.

ACCT341. Intermediate Accounting II

Continuation of ACCT 340. Accounting for assets, liabilities, stockholders¿ equity, and cash flows; financial statement disclosure and analysis; additional topics related to current developments in accounting. Offered spring semester only. Prerequisite: ACCT 340. 3 credits.

ACCT342. Cost Accounting

The study of basic cost accounting systems and concepts. Consideration of inventory costing, cost variance analysis, budgeting, and managerial decision-making based on economic considerations. Offered fall semester only. Prerequisite: ACCT 242 with a C- or better. 3 credits.

ACCT344. Tax Accounting I

A comprehensive study of income tax problems relating to individuals. These topics, among others, will be studied: income, exclusions, gain or loss on sales, exchange and involuntary conversions, deductions, exemptions and credits. Offered fall semester only. Prerequisite: ACCT 242 with a C- or better. 3 credits. WR

ACCT345. Tax Accounting II

A comprehensive study of income tax problems relating to partnerships, corporations, specially taxed corporations, estates and trusts. Offered spring semester only. Prerequisite: ACCT 344. 3 credits.

ACCT346. Intermediate Accounting III

Continuation of ACCT 341. Accounting for leases, pensions, and income taxes; effect of accounting changes; revenue measurement and income presentation; accounting for partnerships; additional topics related to current developments in financial accounting and reporting. Offered fall semester only. Prerequisite: ACCT 341. 3 credits.

ACCT350. Prncpls of Fraud Examinations

Fraud examination will cover the principles and methodology of fraud detection and deterrence. The course includes such topics as skimming, cash larceny, check tampering, register disbursement schemes, billing schemes, payroll and expense reimbursement schemes, non-cash misappropriations, corruption, accounting principles and fraud, fraudulent financial statements, and interviewing witnesses. The course includes a focus on current events related to fraudulent activity. Prerequisite: ACCT 240 or permission of the instructor. 3 credits.

ACCT390. Directed or Independent Study

Must be approved by the head of the department. May be repeated as 391. 1-18 credits.

ACCT441. Accounting Theory

A study of current issues in accounting, including generally accepted accounting principles, APB opinions, and FASB statements. Prerequisite: ACCT 346. 3 credits. WR.

ACCT442. Auditing

Examines auditing standards, procedures, internal control, programs and reports to clients, ethics and legal liabilities. Offered fall semester only. Prerequisite: ACCT 341. 3 credits. WR and SP.

ACCT443. Gvmnt Not for Profit Advc Acct

Fund and budget accounting for governmental and not-for-profit entities. Consolidated financial reporting for corporations. Offered fall semester only. Prerequisite: ACCT 340. 3 credits.

ACCT445. Law for Accountants

This course is designed to present students concentrating in accounting with a broad overview of the legal environment of U.S. business operations with emphasis on areas of substantive law that entry level professional accountants are expected to know. Offered spring semester only. 3 credits

ACCT490. Directed or Independent Study

Must be approved by the head of the department. May be repeated. 1-18 credits.

ACCT492. Internship Accounting

An on-the-job learning experience designed to give students an opportunity to apply their technical and professional skills and to observe organizations in action. Prerequisites: Cumulative and major GPA of 2.33 or greater, 60 credits, declared business or economics major and a declared concentration, MANG 391, ACCT 340, and permission of internship director, 2-3 credits per internship placement; limited to a maximum of 6 credits. Fulfills General Education Goal 14.

ACCT495. Special Topics

Selected topics in accounting. An individually designed course that allows the student to pursue advanced topics in specific accounting areas. Topics may vary from semester to semester. May be repeated for credit when topics change. Prerequisite: Permission of the instructor. 1-3 credits.

ACCT498. Honors Research in Accounting

Students conduct research in accounting under the direction of a faculty member and the Senior Honors Research Committee. 3 credits.

ACCT499. Honors Research in Accounting

Students conduct research in accounting under the direction of a faculty member and the Senior Honors Research Committee. 3 credits.