Students will navigate through various aspects of private accounting such as monthly adjustments and financial statement preparation, sales tax filings, 1099 filings, payroll processes, and financial presentation. Throughout the semester, students will have the opportunity to put what they are learning into practice by working within accounting records for their own fictional company and preparing filings based on their company’s data.
An expanded study of the financial statements and the further development of accounting principles and procedures relating to cash, accounts and notes receivable, inventories, tangible fixed assets, and the time value of money.
Every Fall
Previously: ACCT 322
Continuation of the Intermediate Accounting I course with further development of accounting principles and procedures relating to intangible assets, current liabilities and contingencies, long-term liabilities and stockholder’s equity
Every Interim
Previously: ACCT 324
Continuation of the Intermediate Accounting II 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.
Every Spring
Previously: ACCT 326
An advanced managerial accounting course that includes analyzing business decisions and the accounting reports that support those decisions. Topics covered include cost allocation, job and process costing, activity based costing, variance analysis, cost volume profit analysis and other various cost accounting topics.
Every Fall
Previously: ACCT 347
Special Topics in Accounting.
Occasionally
Previously: ACCT 397
This course is intended to provide the student with the opportunity to pursue elective independent study. This course is not a writing course and it may not be used to fulfill the departmental requirements for graduation.
Permission of the Instructor
Previously: ACCT 399