ACCT 213 Financial Accounting (4) The accumulation and presentation of business data with primary emphasis on the external user. Accounting principles will be examined as they apply to individual proprietorships, partnerships and corporations in the service and merchandising industries.
ACCT 214 Managerial Accounting (4) Accounting as an aid to decision making. Topics considered will include: The Statement of Cash Flows, the analysis and interpretation of financial statements, current planning and control systems, evaluation of performance, special decisions and long range planning. Emphasis will be placed on the use of accounting information in decision making rather than data accumulation and presentation. Prerequisite: ACCT 213.
ACCT 218 Fund Accounting (4) Rules and methods used in accounting systems for nonprofit entities and private health, education and welfare organization. Systems covered include: state and local government; colleges and universities; health care entities; and various other governmental and nongovernmental agencies. Frequent reference to GASB and FASB standards and other authoritative pronouncements. Students who are majoring in accounting are encouraged to take this course before or at the beginning of the Junior year. Prerequisite: ACCT 213.
ACCT 311 Intermediate Accounting I (4) Theory and principles involved in the definition, measurement, and disclosure of assets. Other topics include: review of the accounting cycle, overview of basic financial statements, and accounting for income taxes. Frequent reference is made to authoritative accounting pronouncements. Prerequisite: ACCT 214 and Junior standing.
ACCT 312 Intermediate Accounting II (4) Continuation of Intermediate Accounting I. Emphasizes measurement and reporting problems associated with stockholders; equity and liabilities, including leases and pensions. Other topics include: statement of cash flows, accounting changes and error analysis, revenue recognition, and disclosure requirements. Prerequisite: ACCT 311 and Junior standing.
ACCT 315 Cost Accounting (4) Emphasizes the accumulation of costs by product for internal and external uses. The accumulation of costs is demonstrated for use in planning, control and decision making. Cost accounting techniques are analyzed in traditional and modern manufacturing and service environments. Prerequisite: ACCT 214 and Junior standing.
ACCT 316 Federal Income Tax Accounting (4) Basic concepts applicable to all taxpayers with emphasis on taxable income for individuals. Includes gross income, exclusions and deductions from gross income, nonbusiness deductions, gains and losses on sale or exchange of assets, and tax credits. Frequent reference to the Internal Revenue Code and Regulations. Prerequisite: ACCT 214 and Junior standing or permission of the instructor.
ACCT 319 Accounting Internship (1-3) Students may apply for academic credit for activities emphasizing the practical application of accounting, auditing or tax. These activities involve on-the-job experience with an employer. Approval of the department is required.
ACCT 411 Advanced Accounting I (4) Topics include corporate stock investments using the cost and equity methods; consolidations using purchase and pooling of interests methods; accounting for foreign currency transactions and translation of the statement of foreign subsidiaries; partnership formation, income division, and liquidation; and other current advanced topics. Prerequisite: ACCT 312 and Junior standing.
ACCT 412 Advanced Accounting II (3) Advanced topics in accounting. Topics may include estates and trusts, home office and branch, SEC reporting and current developments in financial accounting. Prerequisite: ACCT 312 and Junior standing.
ACCT 413 Auditing (4) A study of the standards, procedures, and theories guiding the practice of auditing. Topics include: the nature and scope of auditing, auditing standards, ethics, internal control structure, legal obligations, and technical reporting considerations. Prerequisite: ACCT 312 and Senior standing or permission of instructor.
ACCT 414 Accounting Information Systems (3) Current methodologies for designing, auditing, and evaluating the storing, processing and retrieving of accounting information. Includes the solving of information system problems, case studies and computer exercises. Prerequisite: ACCT 312 or 315 and Junior standing.
ACCT 415 Advanced Management Accounting (3) Advanced consideration of the use of accounting information in planning control and decision making. Emphasis is on quantitative techniques used in conjunction with accounting information. Examines behavioral consequences of alternative planning control and decision making models. Prerequisite: ACCT 315 and Junior standing or permission of instructor.
ACCT 416 Federal Income Tax Advanced (4) Income tax for other than individuals. Includes depreciation, depletion, partnerships, corporations, especially taxed corporations, net operating losses, gift and estate taxes, and income tax research. Frequent reference to the Internal Revenue Code and Regulations. Prerequisite: ACCT 214 and Junior standing or permission of instructor.
ACCT 417 Accounting Theory (3) Examines standard setting process and Conceptual Framework, emphasizing the struggle between historical cost and alternative accounting models. Considers selected and current accounting problems and issues. Students will research a problem and present results orally to the class and in writing. Prerequisite: ACCT 312 and Junior standing.
ACCT 493 Directed Readings in Accounting (1-4) A student must submit a plan of study for approval by the faculty member and the dean before enrolling.
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