Accounting (ACCT) Course Descriptions
211—Financial Accounting, 3 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.
234—Foundations of Accounting, 1 Cr.
This course teaches fundamental principles of accounting that are necessary for entrance into a graduate business program. Accounting concepts taught include the double entry system, the accounting cycle, recording transactions, and principles of revenue recognitions and matching. Accounting terms covered include GAAP, revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows. Restricted to students conditionally accepted into the MBA program. Graded CR/NC.
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.
A study of the process establishing Generally Accepted Accounting Principles (GAAP); application of GAAP to accounting for mergers and acquisitions, including leveraged buyouts; and reporting of consolidated earnings. 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.