Course Criteria

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  • 3.00 Credits

    3 hours (Offered fall semester) Prerequisite: ACCT 212 This is an intensive course in accounting theory and practice. The course attempts to strike a balance between procedural explanations of currently applied accounting practices and the theoretical framework upon which those practices are based. Alternatives to current practice are also introduced.
  • 3.00 Credits

    3 hours (Offered spring semester) Prerequisite: ACCT 301 This is an intensive course in accounting theory and practice dealing with liabilities, stockholders equity, and financial reporting issues. The course attempts to strike a balance between procedural explanations of currently applied accounting practices and the theoretical framework upon which those practices are based.
  • 3.00 Credits

    3 hours (Offered fall semester) Prerequisite: ACCT 212 A study of the principles and procedures used in the collection, recording and reporting of costs. Balance Sheet inventory valuation and the related Income Statement cost of goods sold valuation, determined using both job order costing and process costing, are emphasized. Activitybased costing is covered in depth. Traditional cost accounting is the main content of this course.
  • 3.00 Credits

    3 hours Prerequisite: ACCT 301 This course provides a basic knowledge of how accounting information systems function in today's business environment. It emphasizes the internal control feature necessary to produce accurate and reliable accounting data as it looks at how accounting information is recorded, summarized, and reported in both manual and computerized systems. The following topics are covered in this course: systems concepts, tools, development processes, analysis; design; implementation and operation; computer software and configurations; data storage and processing methods; file processing; implementing data base management systems; internal control; information system control; data security and integrity; accounting transaction cycles; revenue cycle applications; and expenditure cycle applications.
  • 3.00 Credits

    3 hours (Offered fall semester) Prerequisite: ACCT 212 A study of the legal and accounting aspects of federal taxation with an emphasis on individuals and unincorporated businesses.
  • 3.00 Credits

    3 hours (Offered fall semester) Prerequisite: ACCT 302 This is an intensive course in accounting theory and practice regarding partnerships, business combinations and consolidated financial statements. The course attempts to strike a balance between procedural explanations of currently applied accounting practices and the theoretical framework upon which those practices are based. Alternatives to current practice are also discussed.
  • 3.00 Credits

    3 hours (Offered spring semester) Prerequisite: ACCT 402 Advanced problems involving government and nonprofit organizations, estates and trusts, financially distressed entities, translation and consolidation of foreign entities and segment reporting.
  • 3.00 Credits

    3 hours (Offered fall semester) Prerequisite: ACCT 302 A study of auditing standards and related auditing procedures. Topics include: evaluation of internal control and preparation of the audit program; examination of financial statements and preparation of working papers; and auditors' reports and opinions.
  • 3.00 Credits

    3 hours (Offered spring semester) Prerequisite: ACCT 401 The second course in a two-course sequence dealing with corporate income taxes, taxes on corporate distributions, other corporate tax levies; partnership information, operation and special issues; "S" corporations, gift andestate taxes; the income taxation of trusts and estates; and IRS administrative procedures.
  • 3.00 Credits

    3 hours Prerequisite: ACCT 404 This is the capstone course for accounting majors. The course has two major parts that represent a blend of theory, practice, and research. Topics included in part one: theoretical, ethical decision-making models for the accounting profession; the nature of accounting theory and its development; and accounting standard-setting and its chronological development. Part two evaluates contemporary financial reporting issues as they relate to the FASB's Conceptual Framework. It specifically examines areas of contemporary financial reporting that are controversial. This course has a major research and group component.
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