Accounting

Classes

ACC 201 : Financial Accounting

A comprehensive introduction to financial accounting principles including analysis and recording business transactions, preparing working papers and financial statements. The course is developed through the use of lectures, problem solving, and a computerized practice set. 

Credits

3

ACC 202 : Managerial Accounting

A study of managerial accounting theory and the application of those principles including cash flows, break-even analysis and manufacturing operations. The course is developed through the use of lectures, problem solving and electronic spreadsheets.

Credits

3

Prerequisites

ACC 203 : Intermediate Accounting I

This course examines established financial accounting topics as well as recent developments in reporting practices. Topics on asset measurement and income determination are examined using case studies, computerized spreadsheet applications, problems and writing assignments.

Credits

3

Prerequisites

ACC 201 , ACC 202

ACC 204 : Intermediate Accounting II

Financial reporting for the valuation of liabilities, investments, stockholders' equity, retained earnings and leases. The course includes current concepts in accounting theory. Course topics are developed through computerized spreadsheet applications, problems, and writing assignments.

Credits

3

Prerequisites

ACC 205 : Cost Accounting

A course emphasizing product costing using traditional and activity based costing methods and demonstrating how cost accounting information is used for planning, controlling, performance evaluation and decision making.  Examples of actual manufacturing and service industries help illustrate cost concepts. Students also explore real world ethical questions confronted in the cost accounting environment.

Credits

3

Prerequisites

ACC 207 : Accounting Information Systems

This course provides a basis for understanding, developing, evaluating and using practical accounting information systems. The importance of accounting controls is emphasized as well as the technical tools used by accountants. Students review and build on accounting cycles and applications through a computerized project.

Credits

3

Prerequisites

ACC 201 , ACC 202

ACC 210 : Individual Taxation

A basic course dealing with the Internal Revenue Code and its applications to individual federal taxation issues. Students use the Code, Rulings and Regulations to explore a variety of taxation questions. Actual tax forms are prepared using both manual and computerized systems. A tax software package is used.

Credits

3

Prerequisites

ACC 201 , ACC 202

ACC 301 : Advanced Accounting I

This course includes advanced financial accounting topics in business combinations and consolidations, international accounting partnerships, and corporate reorganizations and liquidations.

Credits

3

Prerequisites

ACC 303 : Government and Non-Profit Accounting

The study of fund accounting concepts and the application of those concepts as related to governmental entities, universities and schools, healthcare institutions and other nonprofit entities. Financial statement will be prepared and analyzed.

Credits

3

Prerequisites

ACC 327 : Internship in Accounting

A supervised learning work experience in the field of accounting. Internships are arranged through the departmental internship coordinator.

Credits

3

ACC 401 : Auditing

A study of auditing theory, and procedures including the scope and limitations of an audit; methods of verification and analysis; examination of audit data; and preparation of working papers, reports, and opinions. The course also addresses audit ethics, the legal environment of the profession and current issues confronting auditors and their clients. 

Credits

3

Prerequisites

ACC 203 , ACC 204

ACC 405 : Corporate & Partnership Taxation

This course involves the application of the Internal Revenue Code and Regulations to corporate and partnership issues. The emphasis will be on understanding the concepts of developing tax plans for business.

Credits

3

Prerequisites

ACC 210 or ACC 204