Undergraduate Catalog 2015-2016

ACCT - Accounting

Prerequisites: ACCT 3101 and ACCT 3102 with a grade of C or better. Examination of complex concepts of financial accounting as well as International Financial Reporting Standards. Financial accounting topics include deferred tax assets and liabilities, accounting for defined pension plans, leasing, changes in accounting principles, errors and corrections, marketable securities and corporate investments, cash flow statements, and full disclosure requirements. International Financial Reporting Standards cover the standard setting process, rule verse theory standard setting, fair value accounting, and presentation differences.

ACCT 2000 Introduction to Accounting

An overview of the basic topics of financial and managerial accounting with an emphasis on how accounting reports are used by managers, investors, and other business stakeholders. This course may not be taken by business majors.

3

ACCT 2101 Accounting Principles I

Prerequisite: College of Business major. A study of the underlying principles of accounting. The analysis of business transactions and financial statements is emphasized with particular focus on the use of accounting information for external decision-making.

3

ACCT 2102 Accounting Principles II

Prerequisite ACCT 2101, College of Business major. Introduces the managerial aspects of accounting and the use of information for internal decision-making. Topics include product costing, break-even analysis, master budgets, performance evaluation and capital budgeting.

3

ACCT 3000 Accounting Profession

Prerequisite: ACCT 3101. This course serves as an introduction to the accounting profession with an emphasis on career planning and professional development. Students will examine issues such as ethics, professional conduct, career options, and professional designations as they relate to the accounting profession.

1

ACCT 3101 Intermediate Accounting I

Prerequisites: ACCT 2101 and ACCT 2012 with a grade of C or better. Expanded study of financial accounting theory. Topics include financial accounting standards, conceptual framework, accounting cycle, time value of money, cash and receivables, inventory cost flow assumptions, revenue recognition principles, the balance sheet, and income statement.

3

ACCT 3102 Intermediate Accounting II

Prerequisite: ACCT 3101 with a grade of C or better. Topics include acquisition and disposition of fixed assets, depreciation methodologies, intangibles and their impairments, current and long term liabilities, accounting for equity, dilutive securities, stock compensation, and earnings per share calculations.

3

ACCT 3103 Intermediate Accounting III

Prerequisites: ACCT 3101 and ACCT 3102 with a grade of C or better. Examination of complex concepts of financial accounting as well as International Financial Reporting Standards. Financial accounting topics include deferred tax assets and liabilities, accounting for defined pension plans, leasing, changes in accounting principles, errors and corrections, marketable securities and corporate investments, cash flow statements, and full disclosure requirements. International Financial Reporting Standards cover the standard setting process, rule verse theory standard setting, fair value accounting, and presentation differences.

3

ACCT 3106 Accounting Information Systems

Prerequisites: ACCT 3101 with grade of C or better. A study of the fundamentals of accounting information systems. Major topics include transaction processing, internal controls and the effects of information technology on the accounting profession.

3

ACCT 3110 International Accounting

Prerequisite: ACCT 2102. A study of the international accounting aspects of managerial accounting, financial accounting, accounting theory, auditing, and taxation. This course may be used to fulfill one of the three required global perspectives overlay requirements.

3

ACCT 3116 Principles of Taxation I

Prerequisites: ACCT 2101. A study of the federal income tax laws as they relate to individuals.

3

ACCT 3120 Cost Accounting

Prerequisite: ACCT 2102 with a grade of C or better. An in-depth study of the concepts and practices underlying manufacturing, merchandising, and service firms' internal management of accounting information systems. The course focuses on the development and use of accounting data for (1) determining product costs, (2) making management decisions, (3) planning and controlling operations, and (4) performance evaluations.

3

ACCT 4120 Strategic Cost Management

Prerequisite: ACCT 3120 with a grade of C or better. A continuation of ACCT 3120. This integrative case-based course addresses cost and management accounting topics in in-depth real world scenarios to help management formulate and execute its strategy. Topics include design and implementation of cost measurement systems for production and strategy choice, issues in variance analysis, transfer pricing, enhancement of quality, timeliness and the measurement of profitability, performance measurement and incentive systems.

3

ACCT 4125 Principles of Taxation II

Prerequisite: ACCT 3116. A study of the federal income tax laws as they relate to corporations and partnerships.

3

ACCT 4135 Auditing

Prerequisites: ACCT 3101 with a grade of C or better. This course is a study of the theory and practice of auditing. The course provides a foundation of concepts and methods that enable auditors to fulfill their obligations with respect to auditing and attestation standards. Ethics, internal control, government regulation, and report writing are other topics emphasized.

3

ACCT 4505 Special Topics

This course meets special needs of students and/or the community. Approval of the department chairperson is required prior to registration. This course is repeatable for credit.

3

ACCT 4605 Internship

Individually designed and planned learning experience involving field experience and study in the private and public sector. Approval of the department chairperson is required prior to registration. This course is repeatable for credit.

1 - 6

ACCT 4805 Independent Study

Investigation of a topic of special interest, with reports given to the instructor. Approval of the department chairperson is required prior to registration. This course is repeatable for credit.

1 - 3

ACCT 4980 Study Abroad

See the International Studies section of the catalog for details. This course is repeatable for credit.

1 - 3