Accounting
(ACCT)
211—Financial Accounting, 4 Cr.
A study of financial accounting at the
basic systems level emphasizing generally accepted accounting principles.
Topics include financial accounting terminology, recording of business
financial transactions, and the accounting cycle and record-keeping
requirements.
212—Managerial
Accounting, 3 Cr.
Interpretation and use of accounting
data for planning and control by management personnel. Topics include the
terminology of managerial accounting, strategic cost management, budgeting,
variance analysis, and the use of accounting concepts with computer
spreadsheets. Prerequisite: 211.
311—Intermediate Accounting I, 4 Cr.
Generally Accepted Accounting
Principles (GAAP) as applied to the income and financial position statements,
inventory management, property, plant and equipment and intangible assets, and
the time value of money. International Financial Reporting Standards (IFRS)
will be integrated into this course. Prerequisite: 211.
312—Intermediate Accounting II, 4
Cr.
A continuation and expansion of topics
covered in 311 including stockholder and owner equity, dilutive securities and
earnings per share, investments, revenue recognition, income tax allocations,
pensions, leases, and cash flow analysis. International Financial Reporting
Standards (IFRS) will be integrated into this course. Prerequisite: 311.
313—Cost Accounting, 4 Cr.
A continuation and expansion of topics
covered in 212. Topics include job order, process and activities-based costing,
routine and non-routine decisions, policy making, long-range planning,
inventory valuation methods, standard cost systems, and quality improvement
concepts. Prerequisite: 212.
415—Federal Taxation I, 3 Cr.
A study of federal income tax laws as applied
to individuals. Prerequisite: 211.
416—Federal Taxation II, 3 Cr.
A study of federal income tax laws as
applied to partnerships, corporations, and fiduciaries. Prerequisite: 415.
418—Advanced Accounting I, 3 Cr.
This course examines the accounting
principles related to business combinations and consolidations. Topics include consolidations at the
date of acquisition, consolidations after the date of acquisition, accounting
for differences between cost and book value, intercompany sales of inventory,
property and equipment, changes in ownership interest, indirect ownership and
reciprocal stockholdings, and reporting for segments. International Financial
Reporting Standards (IFRS) will be integrated into this course. Prerequisite:
211.
419—Advanced Accounting II, 2 Cr.
A study of Generally Accepted
Accounting Principles (GAAP) as applied to partnerships, international
operations, and fiduciary accounting. International Financial Reporting
Standards (IFRS) will be integrated into this course. Prerequisite: 211.
420—Nonprofit Accounting, 1 Cr.
A study of the generally accepted
accounting principles applied to non-profit organizations. Prerequisite: 211.
425—Auditing, 3 Cr.
Discussion of concepts, procedures,
ethics, conflicts of interest, responsibilities, and liabilities of auditing,
including working paper preparation. Prerequisite: 312. Restricted to students
with senior standing.