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 a financial
entity. Job order, process cost and activity-based cost
systems are introduced. Budgeting, profit analysis, product
pricing and reporting concerns of decentralized operations
are specific topics covered in this course. Also included
are special topics focused on financial statement analysis.
Ethics 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.
PR: ACC 111 or ACC 121 or ACC 123
ACC222 Intermediate Accounting I (3-0-3)
Intensive consideration is given to financial accounting
theory and the current application of generally accepted
accounting principles. A significant amount of time is
devoted to financial statement preparation and
presentation. Emphasis is placed on the balance sheet.
Each of the principal asset accounts shown on the face
of the balance sheet is studied in detail. The accounting
cycle, measurement of income, acquisition and disposal
of assets, and the time value of money are some of the
specific topics covered.
PR: ACC 122
ACC225 Income Tax Accounting (3-0-3)
This course is an in-depth study of the current income tax
law and tax regulations. It provides the student with
practical applications in the preparation of income tax
returns for individuals with supporting tax schedules.
Instruction is also given on partnership and corporate
taxation. Special tax situations are stressed and
explanations are developed through the use of examples. A
computer software application is used to complete several
ACC226 Intermediate Accounting II (4-0-4)
This course is a continuation of the study of financial
accounting theory and practice. The study of liabilities
and stockholders' equity concludes the study of the
balance sheet which began in ACC 222. Specific
accounts examined include current and contingent
liabilities, bonds, notes, corporate income taxes, leases,
capital stock and retained earnings. Preparation of the
income statement, statement of retained earnings and
statement of cash flows in accordance with generally
accepted accounting principles is also covered.
Financial statement analysis, revenue recognition rules,
and accounting changes are other topics addressed.
Computer software packages are utilized in and outside
of class to complete several assignments.
PR: ACC 222
ACC242 Cost Management (3-0-3)
This course develops an understanding of accounting
information for use 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 by employing
tools such as cost-volume-profit analysis, budgeting and
actual and standard cost systems. The use of costs in
decision-making contexts is emphasized.
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 budgetary procedures, accounting for general and
special funds, for governments, public schools and
other nonprofit entities.
PR: ACC 122
ACC250 Accounting Internship (1-8-3)
This course provides the business/accounting student
with the opportunity to participate in a planned,
professional experience of observation, study and field
work within selected business entities. Textbook theory
and classroom experience is enhanced as the student
works in an appropriately supervised setting. The field
study will specifically incorporate accounting or
accounting related assignments. All field work will be
supplemented by regularly scheduled seminars with
the instructor. There is a final report and oral
presentation due at the end of the semester.
PR: ACC 222, Business or Accounting major, G.P.A.
of 2.5, and permission of the department
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 auditnig within a computerized
PR: ACC 121