ACC111 College Accounting (3-0-3)
This course concentrates on the generally accepted accounting principles (GAAP) applied to a sole proprietorship. Topics include: analyzing, journalizing and posting transactions, adjusting entries, completion of the work sheet, financial statements, and the closing process for a service business, Accounting for Cash, Payroll Accounting and the Combination Journal are also covered.
ACC121 Financial Accounting (4-0-4)
This course introduces current procedures of financial
accounting and Generally Accepted Accounting Principles
(GAAP). The course emphasizes the analysis of business
transactions and the study of the accounting cycle. Topical
areas in the course include accrual-based accounting
concepts, internal controls; financial statement
preparation; and accounting elements
of a corporate business entity. An Excel-based software is
utilized to practice and complete many of the problems.
Ethical accounting standards are embedded throughout the
ACC122 Managerial Accounting (4-0-4)
This course introduces current managerial accounting
concepts, theories and practices applicable to manufacturing,
retail and service industries. Job order, process cost and activity-based cost
systems are introduced. Topics include budgeting, profit analysis, product
pricing and reporting concerns of decentralized operations. Students
utilize an Excel-based software system to practice and complete many of
the problems. Ethical issues are discussed throughout the course.
PR: ACC 121
ACC123 Accounting for Decision Making - Concepts and Theory (3-0-3)
This course introduces the student to financial accounting.
Emphasis is on the analysis and interpretation of
financial information. Generally accepted accounting
principles will be discussed throughout the course. The
standard reports of financial accounting will be studied
as well as the process of identifying, measuring, recording
and reporting financial information. Internal control
procedures, corporate assets, liabilities, and shareholders'
equity will also be studied as well as reporting concerns
of international companies. Interpretation and analysis of
financial reports and current issues affecting these reports
will be stressed. Corporate financial statements will be
reviewed in and out of class via the Internet.
PR: MAT 127 or equivalent
ACC201 Computer Applications in Accounting (1-0-1)
This course provides the student with basic computer skills
specific to a financial accounting environment. Topics
include setting up a business entity's accounting system,
recording financial transactions, and working with budget
development and evaluation. Students will create invoices,
create and analyze accounts receivable and payment aging
reports, and develop financial statements and reports with
the assistance of a software application. Students will be
required to use computers to complete projects. Outside
laboratory work is required.
This course is pass/fail
PR: ACC 111 or ACC 121 or ACC 123
ACC222 Intermediate Accounting I (3-0-3)
This course gives intensive consideration to financial accounting
theory and the current application of Generally Accepted
Accounting Principles (GAAP). A significant amount of time is
devoted to financial statement preparation and
presentation. Emphasis is placed on the balance sheet and its
various accounts. Topics covered include the accounting
cycle, measurement of income, acquisition and disposal
of assets, and the time value of money.
PR: ACC 122
ACC225 Income Tax Accounting (3-0-3)
This course introduces the current income tax
law and tax regulations for individuals and certain business
entities. Specific tax situations are presented and analyzed in accordance
with the taxation rules set forth by the Internal Revenue Code and other
primary tax sources such as case law. Topics include an examination
of what constitutes income, acceptable duductions, analysis of property
transactions, alternative minimum taxation, and recent legislation.
Individual tax forms are prepared.
ACC226 Intermediate Accounting II (4-0-4)
This course is a continuation of the study of financial
accounting theory and practice. Specific accounts are
examined including current and contingent liabilities, bonds,
notes, corporate income taxes, leases, capital stock, pensions,
and retaining earnings. Preparation of financial statements in
accordance with Generally Accepted Accounting Principles (GAAP)
and International Financial Reporting Standards (IFRS) are also
covered. Financial statement analysis, revenue recognition rules,
and accounting changes, and other topics are addressed. Excel-
based web software systems re utilized in and outside of the classroom
to complete assignments.
PR: ACC 222
ACC242 Cost Management (3-0-3)
In this advanced course students develop an understanding of accounting
information used by management in planning and
controlling operations. A framework for measuring managerial
performance is developed through an analytical treatment
of cost behavior under dynamic conditions. Tools employed
include cost-volume-profit analysis, budgeting and
actual and standard cost systems.
PR: ACC 122
ACC246 Auditing (3-0-3)
This course is an introduction to auditing for accounting
students who have not had experience in auditing.
The primary emphasis is on the auditor's decision-
are concepts in auditing related to determining the nature
and amount of evidence the auditor should accumulate, the
objectives to be accomplished in a given audit area, the
circumstances of the engagement, and the decisions to be
made to determine the appropriate evidence to gather and how
to evaluate the evidence obtained. Ethical conduct and
legal liability of auditors are also covered along with
auditing within a computerized environment.
PR: ACC 122
ACC248 Governmental Accounting (3-0-3)
This course surveys the theory and practice involved
in accounting for governmental and not-for-profit entities. Topics
include college, hospital, local government and modified accrual
accounting, encumbrances and internal control.
PR: ACC 121
ACC250 Accounting Internship (1-8-3)
This course provides an opportunity to explore and gain experience in a career area related to accounting. Textbook theory and classroom experience is enhanced while working in a supervised professional setting. The field study will incorporate accounting or accounting related assignments. All field work will be supplemented by scheduled meetings with the instructor. The course requires the completion of 120 hours of fieldwork. Grading is on a pass/fail basis.
PR: Accounting or Business major, completion of 30 credit hours, completion of ACC 122, minimum overall GPA of 2.5, and permission of the Division.
ACC295 Internal Auditing (3-0-3)
This introductory internal auditing course examines the fundamental
internal audit concepts followed by an illustration of how to conduct
internal audit engagements. Topics covered include an examination
of governance concepts, risk management, internal control, the
procedures used by internal auditors, the assurance engagement,
methods used to communicate the results, and procedures for
following up. The course examines internal auditing within a computerized
PR: ACC 121