ACCTING 2010 Financial Accounting 3 Credits

Introduction to accounting concepts and procedures including the accounting cycle, assets, liabilities, and financial statements. Develops the ability to use accounting information for decision making.
Components: Class
Typically Offered: Fall

ACCTING 2020 Management Accounting 3 Credits

Introduction to management accounting topics such as cost accounting, cost analysis, budgeting, and variance analysis. Focuses on both procedures and the drawing of inferences from the results for more effective and efficient managerial decision making.
Components: Class
Prereqs/Coreqs: P: ACCTING 2010
Typically Offered: Fall - Spring

ACCTING 3010 Intermediate Accounting I 3 Credits

Detailed coverage of the accounting environment and the conceptual framework, the income statement and comprehensive income, the balance sheet and financial reporting, the statement of cash flows and financial analysis, revenue and expense recognition, and asset accounts on the balance sheet. Detailed coverage of the asset accounts on the balance sheet includes (a) cash, cash equivalents, and receivables, (b) inventory, (c) acquiring and disposing of property, plant, and equipment, (d) depreciation, impairments, and depletion, and (e) intangible assets, goodwill, and impairments. Emphasizes problem-solving as well as conceptual understanding.
Components: Class
Prereqs/Coreqs: P: Grade of "C-" or better in ACCTING 2010 and grade of "C-" or better in ACCTING 2020
Typically Offered: Fall

ACCTING 3020 Intermediate Accounting II 3 Credits

Continuation of Intermediate Accounting I with detailed coverage of investments in debt and equity securities, the statement of cash flows, and the liability and equity accounts on the balance sheet. Detailed coverage of liability and equity accounts includes current liabilities and contingencies, long-term liabilities, leases, income taxes, pensions and postretirement benefits, stockholders' equity, shared-based compensation, and earnings per share. Emphasizes problem-solving as well as conceptual understanding.
Components: Class
Prereqs/Coreqs: P: grade of "C-" or better in ACCTING 3010
Typically Offered: Spring

ACCTING 3030 Accounting Information Systems 3 Credits

Concepts of systems evaluation and design, with emphasis on the role of the accounting information system in providing relevant and reliable information for management decision making and financial reporting. Controls against errors and fraud are emphasized, as is the impact of technology. Students will do a term project examining and critiquing the accounting information system of a real company or nonprofit organization.
Components: Class
Prereqs/Coreqs: P: BUSADMIN 1810 or BUSADMIN 2110 or COMPUTER 1830; P or C: ACCTING 3010
Typically Offered: Fall

ACCTING 3040 Federal Income Tax 3 Credits

Survey and practical application of federal income tax regulations and court rulings to individuals and sole proprietorships.
Components: Class
Prereqs/Coreqs: P: grade of "C-" or better in ACCTING 2010
Typically Offered: Fall

ACCTING 3070 Governmental and Nonprofit Accounting 3 Credits

Detailed coverage of the principles, objectives, and major concepts of accounting for governmental and nonprofit entities, with a focus on external financial reporting issues, financial analysis, and disclosures.
Components: Class
Prereqs/Coreqs: P: Grade of "C-" or better in ACCTING 3010
Typically Offered: Spring - odd year

ACCTING 3230 Cost Accounting 3 Credits

Cost accounting systems for product costing along with accumulation of costs and their usage; application of accounting information for planning and control.
Components: Class
Prereqs/Coreqs: P: Grade of "C-" or better in ACCTING 2020; BUSADMIN 1810 or BUSADMIN 2110 or COMPUTER 1830; P or C: ACCTING 3010
Typically Offered: Fall

ACCTING 3270 Financial Statement Analysis & Business Valuation 3 Credits

The course is designed to prepare students to interpret, analyze, and evaluate the financial statements of an entity using various techniques. The techniques and methods used while valuing a business are also covered in this course. This course is especially useful for students who expect to be intensive users of financial statements as part of their professional career. The entities subject to analysis will be public companies but the tools learned in this course will be equally applicable to private companies as well as to non-for-profit organizations.
Components: Class
Prereqs/Coreqs: P: grade of "C-" or better in ACCTING 2020 or 3010 or consent of instructor
Typically Offered: Occasionally

ACCTING 4040 Advanced Taxation 3 Credits

A continuation of ACCTING 3040, covering advanced property transactions, special tax computations, corporations, partnerships, S corporations, and estate and gift taxation.
Components: Class
Prereqs/Coreqs: P: grade of "C-" or better in ACCTING 3040
Typically Offered: Spring

ACCTING 4050 Advanced Accounting 3 Credits

An in-depth coverage of business acquisitions and preparation of consolidated financial statements, plus coverage of foreign currency accounting along with hedging and derivatives.
Components: Class
Prereqs/Coreqs: P: grade of "C-" or better in ACCTING 3020
Typically Offered: Spring

ACCTING 4130 Advanced Cost Accounting 3 Credits

A continuation of ACCTING 3230. Emphasis on usage of accounting information in making decisions and performance evaluations; allocation of costs for different purposes; application of quantitative methods in accounting.
Components: Class
Prereqs/Coreqs: P: grade of "C-" or better in ACCTING 3230
Typically Offered: Spring - even year

ACCTING 4230 Auditing 3 Credits

Detailed coverage of auditing and attestation standards as promulgated by the various standard setters, encompassing the major facets of the audit process. These facets include the risk assessment process, developing planned responses, performing procedures to obtain/evaluate evidence, and forming conclusions/reports. Further, coverage includes how internal control helps an entity run its operations efficiently and effectively, report reliable information about its operations, and comply with applicable laws and regulations. Finally, coverage includes concepts and applications related to auditors' ethical and professional responsibilities, including the Code of Professional Conduct.
Components: Class
Prereqs/Coreqs: P: ACCTING 3010 with a "C-" or better
Typically Offered: Spring

ACCTING 4940 Special Problems 1-4 Credits

Supervised study of selected accounting topics.
Components: Independent Study
Prereqs/Coreqs: P: Junior standing
Typically Offered: Fall - Spring - Summer

ACCTING 4990 Internship 1-8 Credits

Extends the learning process by giving students a chance to apply their knowledge and skills on the job in an actual organization. The work performed by a student during this internship will directly relate to accounting functions and provide substantial exposure to accounting practices and procedures.
Components: Field Studies
Prereqs/Coreqs: P: major in accounting and junior standing
Typically Offered: Fall - Spring - Summer