2016-2017 Undergraduate General Catalog


ACCT - Accounting

ACCT 207 Understanding the Numbers

An accounting course for non-business and non-accounting majors that takes a user perspective on accounting. Discussion will include how to read and interpret financial statements, break-even point, budgets, how to use ratios and other tools to make business decisions as well as the required basics. The course will include the essential financial and managerial concepts needed by non-business majors. This course is designed for students who may end up in management roles in their respective fields or opening their own business practice.

Credits

3

ACCT 210 Principles of Accounting I

A first course in accounting procedures and principles used by sole proprietorships and partnerships with an emphasis on the balance sheet accounts.

Credits

3

ACCT 211 Principles of Accounting II

Accounting procedure and statements used by partnerships and corporations. Accounting for corporate activities and accounting for managerial control of operations and business decisions.

Credits

3

Prerequisites

ACCT 210

ACCT 310 Not For Profit Accounting

A study of the unique accounting standards applicable to non-profit entities, including state and local governments. Topics covered include fund accounting, the appropriation process and program budgeting.

Credits

3

Prerequisites

ACCT 211

ACCT 322 Intermediate Accounting I

A review of the basic financial statements, the development of accounting principles and procedures relating to cash, receivables, inventories, tangible assets and liabilities, and principles of annuities.

Credits

4

Prerequisites

ACCT 211

ACCT 323 Intermediate Accounting II

Corporation accounting and earnings per share, accounting for equity transactions, long term liabilities, pensions, and taxes.

Credits

4

Prerequisites

ACCT 322

ACCT 344 Income Tax

A study of the federal tax system, tax accounting, taxable income and deductions, sales and exchanges, with an emphasis on the effects on an individual tax return.

Credits

3

Prerequisites

ACCT 211

ACCT 345 Organizational Tax

A study of tax accounting for partnerships, corporations, and trusts, with an emphasis on corporation tax accounting problems.

Credits

3

Prerequisites

ACCT 344

ACCT 347 Cost Accounting

Elements of production cost according to three recognized cost systems: (1)Job cost;(2)Process cost; and (3)Standard cost. Topics include activity based costing, cost allocations, and variance analysis.

Credits

3

Prerequisites

ACCT 211

ACCT 348 Advanced Accounting

Partnership and corporate problems involving consignments, installments, liquidations, consolidations, estates, agencies, and branches.

Credits

3

Prerequisites

ACCT 323

ACCT 349 Auditing

Procedures and standards of public accountants. Emphasis on auditor's working papers and submission of audit statements.

Credits

3

Prerequisites

ACCT 323

ACCT 382 Business Ethics

Introduction of moral development theories and models of moral decision making and application of these models in management decision making through case studies.

Credits

3

Cross Listed Courses

BSAD 382

ACCT 397 Topics:

Special Topics in Accounting.

Credits

3

ACCT 399 Independent Study

This course is intended to provide the student with the opportunity to pursue elective independent study. This course is not a "W" course and it may not be used to fulfill the departmental requirements for graduation.

Credits

3

Prerequisites

Permission of the Instructor

ACCT 495 Accounting Internship (W)

This internship program provides an opportunity for students to participate in a learning experience away from the traditional classroom. Students will be placed with local organizations so they may participate with the managerial and financial reporting processes. Students will observe and apply in practice the concepts and theories learned in the classroom. The student will be under the direct supervision of an officer of the cooperating organization and progress will be monitored by the department's internship coordinator. Additional fees may apply.

Credits

4

Prerequisites

Permission of Internship Coordinator

ACCT 496 Elective Accounting Internship

This internship offering is intended to provide the student with the opportunity to pursue an elective internship. This internship is not a 'W' course and it may not be used to fulfill the departmental requirements for graduation. Additional Fees may apply.

Credits

2- 4

Prerequisites

Permission of Internship Coordinator