Intensive Courses **
Principles of Accounting I.
Basics of the accounting cycle, including use of journals and ledgers,
and the preparation of balance sheets and income statements. 3 credits.
Principles of Accounting II.
Continuation of ACCT 240. Preparation of statement of cash flows.
Accounting for owners’ equity in partnerships and corporations,
standard costs and budgeting, cost-volume-profit analysis, and analysis
of financial data. Prerequisite: ACCT 240. 3 credits.
Special Topics. Selected
topics in accounting. 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.
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.
Studies Abroad. Primarily
intended for transfer of credit earned abroad in courses in accounting.
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. Prerequisite: ACCT 242 with a C-
or better. 3 credits.
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. Prerequisite: ACCT 340. 3 credits.
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. Prerequisite: ACCT 242
with a C- or better. 3 credits.
Accounting concepts and techniques for managerial planning and control.
Attention is given to budgeting, capital outlay decisions, evaluation of
performance, and current and long-range planning. Prerequisites: ACCT
242 with a C- or better, CIMS 170, and MANG 275. 3 credits.
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. Prerequisite: ACCT 242 with a C-
or better. 3 credits. **
Tax Accounting II.
A comprehensive study of income tax problems relating to
partnerships, corporations, specially taxed corporations, estates and
trusts. Prerequisite: ACCT 344. 3 credits.
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.
Prerequisite: ACCT 341. 3 credits.
ACCOUNTING 390. Directed
or Independent Study.
Must be approved by the head of the department.
May be repeated as 391. 1-18
Accounting Theory. A study of
current issues in accounting, including generally accepted accounting
principles, APB opinions, and FASB statements. Prerequisite: ACCT 346. 3
Auditing. Examines auditing
standards, procedures, internal control, programs and reports to
clients, ethics and legal liabilities. Prerequisite: ACCT 341. 3
Governmental Not-For-Profit and
Advanced Accounting. Fund and budget accounting for governmental and
not-for-profit entities. Consolidated financial reporting for
corporations. Prerequisite: ACCT 341. 3 credits.
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. 3 credits.
International Accounting. This
course introduces students to the problems that the U.S. accountant
faces when functioning in the global economy. The course starts with a
survey of accounting systems around the world, including comparative
financial accounting practices and efforts towards harmonization. The
second part of the course covers the international aspects of specific
financial topics: accounting for price changes, foreign currency
exposure and translation, and analysis of foreign financial statements.
Prerequisite: ACCT 341. 3 credits.
Accounting Information Systems.
This course covers the treatment of accounting information as a system
to be managed. Topics include a general overview of management
information systems; managing computer technology; transaction
processing; systems security; systems planning and analysis; and
database management. Students will also be exposed to data
communications technologies. Prerequisites: ACCT 340, CIMS 170, and
junior status. 3 credits.
Accounting Seminar. A study of
selected problems in accounting, including governmental, legal, cost,
financial, tax, auditing, and current methods. Prerequisites: ACCT 296,
342, 344, 346, and 442. 3 credits.
ACCOUNTING 490. Directed
or Independent Study. Must
be approved by the head of the department.
May be repeated. 1-18
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 GPA of 2.0 or
greater, 60 credits, declared business or economics major and a declared
concentration, and permission of internship director. 1-3 credits per
internship placement; limited to a maximum of 6 credits.
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.
ACCOUNTING 498. Honors
Research in Accounting. Students
conduct research in accounting under the direction of a faculty member
and the Senior Honors Research Committee.
May be repeated as 499. 3