Accounting
(Degree Completion) (ACCD)
330—External Reporting I, 3 Cr.
This course examines the
accounting principles used to maintain an organization’s financial records and
to prepare the current and fixed asset portion of the Balance Sheet for use by
its external stakeholders. Topics include the conceptual framework underlying
financial accounting, the time value of money, and preparation of the asset
side of the Balance Sheet, including cash and receivables, valuation of
inventories, property, plant and equipment, natural resources and intangible
assets. Restricted to accounting degree completion majors.
340—External Reporting II, 3 Cr.
This course is a
continuation of accounting’s external reporting principles. Topics include
accounting for the liabilities and equities portion of the Balance Sheet, as
well as the Income Statement accounts, including the recognition of revenues,
expenses, and income taxes. Prerequisite: 330. Restricted to accounting degree
completion majors.
445—Advanced Financial Topics, 3 Cr.
This course examines additional
advanced financial accounting principles. Topics include preparation of the
Statement of Cash Flows, accounting for pensions and postretirement benefits,
accounting for changes and errors, accounting in the international marketplace,
partnership accounting, and fund and nonprofit accounting. Prerequisite: 330. Restricted
to accounting degree completion majors.
455—Combinations and Consolidations,
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. Prerequisite: 330. Restricted to accounting degree completion
majors.