2023-2024 Undergraduate General Catalog


ACCT - Accounting

ACCT 207 Understanding the Numbers

An accounting course for non-accounting majors that takes an end-user perspective on accounting. Discussion will include reading and interpreting financial statements, break-even analysis, budgeting, inventory models, and using financial ratios to make business decisions. The course will include the essential financial and managerial concepts needed in the business world. This course is designed for students who may end up in management roles in their respective fields and for those who may open their own businesses.

Credits

3

Offered

Every Fall

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

Offered

Every Fall and Spring in person, Summer online

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

Offered

Every Fall and Spring in person, Summer online

ACCT 296 Curricular Practical Training

Students on an F-1 visa are eligible to work off campus to provide additional experience so long as the employment relates directly to the student's major area of study. The practical experience gained outside the traditional classroom supplements the theoretical and/or applied knowledge as a part of the student's coursework. The registration process for this course must be completed every term (including summers), as students must have their work authorization reissued each term to ensure continued enrollment. Jobs must be approved and verified by the International Programs Office before work may begin.

Credits

0

ACCT 297 Topics:

Special Topics in Accounting.

Credits

3

ACCT 322 Intermediate Accounting I

An expanded study of the financial statements and the further development of accounting principles and procedures relating to cash, receivables, inventories, tangible assets, and time value of money.

Credits

3

Prerequisites

ACCT 211

Offered

Every Fall

ACCT 324 Intermediate Accounting II

Continuation of the Intermediate Accounting course with further development of accounting principles and procedures relating to intangible assets, current liabilities, long-term liabilities and stockholder’s equity.

Credits

2

Prerequisites

ACCT 322

Offered

Every Interim

ACCT 326 Intermediate Accounting III

Continuation of the Intermediate Accounting course which covers in-depth financial accounting concepts including dilutive securities, investments, revenue recognition, pensions, leases, and income taxes. Course ends with an expanded study of the cash flow statement.

Credits

3

Prerequisites

ACCT 324

Offered

Every Spring

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

Offered

Every Spring

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

Offered

Every Fall

ACCT 349 Auditing

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

Credits

3

Prerequisites

ACCT 326

Offered

Even year Fall

ACCT 382 Business Ethics (E)

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

Offered

Every Fall and Spring

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

Offered

Every semester

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

Offered

Every semester