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Courses - Accounting:
ACCT 205: Introductory Financial Accounting 3 cr.
An introductory course intended to familiarize the student with principles and methods of accounting primarily concerned with financial data gathering and presentation in the form of general purpose external financial statements. Three hours of lecture.

ACCT 206: Introductory Managerial Accounting 3 cr.
Prerequisite: ACCT 205. An introductory course intended to familiarize the student with principles and methods of accounting primarily concerned with data gathering and presentation for purposes of internal management evaluation and decision making. Three hours of lecture.

ACCT 285: Accounting Concepts 3 cr.
Prerequisite: None. An introduction to the concepts and practices of financial accounting and reporting. The student is introduced to (1) the role of financial reporting in the allocation of capital in a market economy, and (2) the governing principles, practices, applications, and authoritative literature used in the preparation of and interpretation of financial reports, and (3) techniques and tools used in the analysis of financial reports. Satisfies the MBA foundation accounting requirement. Credit will not be allowed for undergraduate business majors. Three hours of lecture.

ACCT 309: Intermediate Accounting I 3 cr.
Prerequisite: ACCT 206 with a grade of C or better. An in depth study of financial accounting theory and practice, with emphasis on the preparation of financial statements in accordance with Generally Accepted Accounting Principles. Topics covered include the conceptual framework of accounting, the standard-setting process, the time value of money, current assets (cash, receivables, and inventories), spreadsheet applications, and ethical considerations. Three hours of lecture.

ACCT 310: Intermediate Accounting II 3 cr.
Prerequisite: ACCT 309 with a grade of C or better. An in-depth study of financial accounting theory and practice, with emphasis on the preparation of financial statements in accordance with Generally Accepted Accounting Principles. Topics covered include noncurrent assets (fixed assets, depreciation, intangible assets, and investments), current and long-term liabilities, stockholders’ equity, and earnings per share. Three hours of lecture.

ACCT 311: Intermediate Accounting III 3 cr.
Prerequisite: ACCT 309 with a grade of C or better. An in-depth study of financial accounting theory and practice, with emphasis on the preparation of financial statements in accordance with Generally Accepted Accounting Principles. Topics covered include revenue recognition, deferred income taxes, pensions, leases, and accounting changes. Three hours of lecture.

ACCT 320: Introduction to Federal Income Tax 3 cr.
Prerequisite: ACCT 206 with a grade of C or better or consent of the department. The study and research of the Federal tax structure and its effects on individuals. Three hours of lecture.

ACCT 330: Cost Accounting 3 cr.
Prerequisite: ACCT 206 with a grade of C or better or consent of the department. A study of the collection and utilization of cost data for financial purposes and managerial decision making processes. Computer applications, quantitative methods, and various philosophies of accounting theory are considered. Three hours of lecture.

ACCT 410: Advanced Financial Accounting I 3 cr.
Prerequisite: ACCT 310 and 311 with grades of C or better. A study of business combinations through asset and stock acquisitions as well as consolidations of corporate groups. Three hours of lecture.

ACCT 420: Tax Problems and Research 3 cr.
Prerequisite: ACCT 320 or consent of the department. This course includes research on tax questions of individuals, corporations, and partnerships. Three hours of lecture.

ACCT 435: Accounting Information Services 3 cr.
Prerequisite: ACCT 309. An exposure to the basic elements of accounting transaction processing and transaction cycles within the firm. Familiarization with computers and technology for some of the modern approaches to collecting, processing and analyzing accounting information. Selected issues of internal control, documentation, and ethical concerns. Three hours of lecture.

ACCT 440: Auditing Theory 3 cr.
Prerequisite: ACCT 310 and 311 with grades of C or better Study of the independent auditor’s contribution to reliable financial reporting including the following topics: professional ethics, legal liability, auditing standards and objectives, evidence collection, internal controls, audit sampling, and audit reports. Three hours of lecture.

ACCT 460: Governmental and Non Profit Organization Accounting 3 cr.
Prerequisite: ACCT 206 with a grade of C or better. Budgeting, fiscal processes, and financial record keeping and reporting of governmental bodies and private non profit institutions. Three hours of lecture.

ACCT 470: Accounting Theory 3 cr.
Prerequisite: ACCT 310 and 311. An examination of current accounting topics in income measurement and statement presentation. Three hours of lecture.

ACCT 475: Internship in Accounting 3 6 cr.
Accounting-related employment with a qualified employer. The course is open only to business students who have successfully completed 60 credit hours and have either a 2.5 cumulative GPA or a 2.75 for the last 24 credit hours; it requires written reports detailing the objectives, progress, and completion of the internship. Three to six hours of credit on a pass/no credit basis. Only three hours may be applied to the major. Three hours of laboratory per credit hour.

ACCT 490: Seminar in Accounting 3 cr.
Prerequisite: Junior standing and consent of the department. May be repeated for a maximum of six term hours. Selected topics will vary from term to term. Three hours of seminar.

ACCT 495: Independent Studies in Accounting 3 cr.
Prerequisite: Consent of the department. May be repeated for credit for a maximum of six term hours. Readings, conferences, and reports under the guidance of a member of the accounting faculty. Three hours of lecture.

ACCT 620: Tax Problems and Research 3 cr.
Prerequisite: ACCT 320 or consent of the department. This course includes research on tax questions of individuals, corporations, and partnerships. Three hours of lecture.

ACCT 660: Governmental and Non-Profit Organization Accounting 3 cr.
Prerequisite: ACCT 206 or 309. Budgeting, fiscal processes, and financial record keeping and reporting of governmental bodies and private non-profit institutions. This course includes a research project that involves accounting aspects of non-profit institutions. Three hours of lecture.

ACCT 701: Managerial Use of Accounting Data 3 cr.
Prerequisite: ACCT 285 or equivalent (ACCT 205 and 206). An introduction to the sources and uses of accounting information used in the management decision making process. Three hours of lecture.

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