Accounting Course Listings

ACCT 2010 Financial Accounting (3) 

This class introduces accounting principles with an emphasis on the relationships between business events and financial statements. The primary objective is to develop students who can explain how any given business event will affect the income statement, balance sheet and statement of cash flows. This objective also includes an understanding of the accounting cycle, accounting terminology, collection of accounting data, data entry into the accounting system and the basic financial accounting statements.

ACCT 2025 Managerial Accounting (3) 

Managerial Accounting emphasizes the use of accounting information for planning, control and decision-making purposes in all types of organizations. This course explores topics in the areas of cost behavior, cost-volume-profit analysis, relevant cost analysis, cost accumulation and assignment, activity-based costing, profit planning and control, performance evaluation, responsibility accounting and product costing systems. Prerequisite: ACCT 2010.

ACCT 3025 Advanced Managerial and Cost Accounting (3) 

This advanced class expands on topics developed in managerial accounting and explores the use of cost management information to determine how costs affect each phase of an organization’s value chain. It covers the basic concepts in accounting for the costs of production in a manufacturing firm and develops the accumulation of cost accounting data for external financial reporting purposes. This course also explores expanded cost management topics used internally by managers and emphasizes the various types of cost management systems used in carrying out its functions of planning and controlling a firm’s operations. Prerequisite: ACCT 2025

ACCT 3030 Intermediate Accounting I (3) 

Intermediate Accounting I covers theoretical foundations of accounting with concentration on the accounting model, which includes the balance sheet, statement of cash flows, income statement, present and future values theory, accounting for cash and investments, inventory and inventory problems. Prerequisite: ACCT 2025.

ACCT 3040 Intermediate Accounting II (3) 

Continues the study of theoretical foundations and principles of accounting, including capital stock, retained earnings and debt financing through bonds and other securities. Prerequisite: ACCT 3030.

ACCT 3045 Intermediate Accounting III (3) 

Continues study of theoretical foundations and principles of accounting, including investments, revenue recognition, income taxes, pensions, leases, cash flows and full disclosure in financial reporting. Prerequisite: ACCT 3040.

ACCT 3050 International Tax Accounting (3) 

Students study the systems, concepts and methods utilized in international tax accounting. Prerequisites: ACCT 2010 and ACCT 2025.

ACCT 3075 Federal Tax Accounting: Personal (3) 

This course explores the U.S. federal revenue system, concepts and methods of determining federal income tax liabilities for individuals, corporations, partnerships, proprietorships, estates and trusts. Prerequisite: ACCT 2025.

ACCT 3080 Federal Tax Accounting: Corporate (3) 

Continues the study of federal income liabilities for partnerships, corporations, states and trusts. Prerequisite: ACCT 3075.

ACCT 3100 Issues in Accounting (3) 

Students analyze both the current and significant issues in accounting. This course focuses on existing theories and practices with emphasis given to energizing topics, problems and possible solutions. Prerequisites: ACCT 2010 and ACCT 2025. This course may be repeated for credit if the content differs. 

ACCT 3200 Business Law for Accountants (3) 

This course presents a study of selected legal topics of importance to accountants and managers with special emphasis on the technique of analyzing law problems and cases. The topics in this course include legal responsibility, business organizations, contracts, debtor-creditor relations and government regulation. Emphasis is given to the Uniform Commercial Code’s provisions regarding sales, commercial paper and transactions involving security interests. The course also covers employment law, personal property, bankruptcy, estates, trusts and environmental regulation.

ACCT 3800 Accounting Information Systems (3) 

The student examines the development and use of accounting information systems (AIS) in business organizations and related technologies that support those systems. This course will develop the AIS framework for integrating nine content areas as defined by the American Accounting Association’s Report of the AAA Committee on Contemporary Approaches to Teaching Accounting Information Systems. Additionally, the student’s conceptual understanding of the AIS will be enhanced by several hands-on projects that will include using current database technology to build an accounting information system. Prerequisites: ACCT 3025 and ACCT 3040.

ACCT 4090 Accounting for Not-for-Profit Organizations (3) 

This course is designed for accounting in government and not-for-profit organizations, including topics of fund accounting, budgetary planning and control, and the analysis of various operations of these organizations. Prerequisites: ACCT 3025 and ACCT 3040.

ACCT 4100 Advanced Financial Accounting I (3) 

This course is designed for the advanced development of applications of financial accounting concepts. The main emphasis is in the accounting entities: consolidations, partnerships, branch and affiliated companies, governmental units, nonprofit organizations, estates and trusts. This course emphasizes accounting principles in relationship to installment sales, consignments, segments of business enterprises, interim reporting, S.E.C. reporting and multinational companies. Prerequisite: ACCT 3040. 

ACCT 4110 Advanced Financial Accounting II (3) 

This advanced course focuses on the specific theories and problems related to the consolidation of accounting entities. Prerequisite: ACCT 4100.

ACCT 4220 Financial Statement Analysis (3) 

Students understand the importance of financial report analysis, interpretation and evaluation from the viewpoints of creditors, owners and others concerned with a business´s strengths and weaknesses, and the future outlooks of business organizations. Prerequisites: ACCT 3040 and FINC 3210.

ACCT 4600 Business Valuation (3) 

This course introduces the student to the basic concepts and methodology used to value a closely held business. It will familiarize the student with the three valuation approaches-asset, market and income-used by business valuation professionals. The course will focus on the standards issued by major accreditation bodies. In addition, it will familiarize the student with valuation models used in real-world valuation projects. Prerequisites: ACCT 3040 and FINC 3210.

ACCT 4900 Auditing (3) 

This course presents concepts, standards and procedures used by independent auditors in verifying business data in order to render an opinion and report on the financial statements of the entity being examined. The course includes professional and ethical relationships, study and evaluation of internal controls, audit program applications, statistical sampling concepts and applications. Prerequisite: ACCT 4100.

ACCT 4910 Auditing and Professional Responsibilities (3) 

This course continues to introduce the present concepts, standards and procedures used by independent auditors in verifying business data in order to render an opinion and report on the financial statements of the entity being examined. This course includes professional and ethical relationships, the study and evaluation of internal controls, audit program applications, statistical sampling concepts and applications. Prerequisite: ACCT 4900.

ACCT 4920 Cases in Auditing (3) 

This course involves the study of the academic literature related to auditing and ethical issues, including current research findings. Students will analyze and critique those applications that impact the field of auditing. Students will also be required to solve auditing problems involving real-world cases from local and national C.P.A. firms. Prerequisite: ACCT 4910.

ACCT 4950 Internship (1-6)

Prerequisite: major in accounting.

ACCT 4990 Accounting Seminar (3)

This course serves as the capstone experience for accounting majors by incorporating accounting topics covered throughout their accounting major and by applying this knowledge to the study of real-world problems. Students will explore the variety of current issues facing the accounting profession in order to develop a “big picture” perspective that integrates financial accounting and reporting, cost and managerial accounting, auditing, professional responsibilities and other topics, such as international accounting and information technology. Prerequisite: ACCT 4920.