Accounting

190. Special Topics in Accounting.

219. Employment Experience in Accounting.

251. Principles of Accounting I.

Introduction to fi nancial accounting that focuses on how to use various types of accounting information found in fi nancial statements and annual reports for economic decision making in today’s business world by external decision makers. Three hours.

252. Principles of Accounting II.

Introduction to managerial accounting and the use of accounting information by internal decision makers. Focus is on managerial accounting concepts and their applications. Emphasis is placed on the interrelationship of managerial accounting to marketing, production, systems design, engineering, management, and other non-accounting activities. Prerequisite: Accounting 251. Three hours.

253. Accounting Information Systems I.

Introduction to manual and automated accounting information systems. This course places an emphasis on the use of computer applications for the accounting function. This course will cover accounting journal entries, the year-end closing of accounts, and the preparation of financial statements, utilizing both manual and automated accounting systems. Prerequisite: Accounting 251. Three hours.

290. Special Topics in Accounting.

319. Internship in Accounting.

341. Intermediate Accounting I.

A study of financial accounting, financial statements, and annual reports with an emphasis on the use of GAAP. Topics of study include an examination of the conceptual framework for fi nancial reporting, the use of time value of money concepts in accounting and the accounting for assets of a business Prerequisites: Accounting 251, 252, 253. Three hours.

342. Intermediate Accounting II.

A continuation of the study of financial accounting, financial statements and annual reports with emphasis on the use of GAAP. Topics of study accounting for liabilities of a business, stockholder equity, revenue recognition, and income reporting concepts. Prerequisites: Accounting 341. Three hours.

343. Intermediate Accounting III.

A study of specialized topics in accounting. Topics include accounting for income taxes, pensions and postretirement benefits, and leases. Additional study of the statement of cash flows and full disclosure is also offered. Emphasis is placed on current issues of importance to the accounting profession. Prerequisites: Accounting 342. Three hours.

353. Cost Accounting.

Examination of methods of accumulating and allocating costs of production for purposes of planning and control in organizations. Major emphasis on inventory valuation in job order and process manufacturing, cost allocation methods in organizations, operations budgeting with analysis of variance and capital budgeting, and other decision models. Prerequisites: Accounting 251, 252. Three hours.

354. Individual Income Taxes.

The study of current income tax requirements for individuals. Topics include gross income and deductions, property transactions, business income of sole proprietorships. Prerequisites: Accounting 251, 252. Three hours.

355. Taxation of Business Entities.

The study of current federal income tax requirements for partnerships, S corporations, regular corporations. Prerequisites: Accounting 251, 252. Accounting 354 is recommended. Three hours. Alternate years.

356. Advanced Accounting.

A study of specialized topics and theories in accounting. Topics include business combinations, investor accounting, consolidation techniques and procedures, inter-company transactions, segment and interim reporting, and foreign currency translation as it relates to consolidation of international subsidiaries. Prerequisites: Accounting 341, 342, 343. Three hours.

358. Auditing I.

The primary purpose of this course is to assist students of accounting in understanding the work of the public accountant and to apply the methods and procedures followed in conducting an audit. Topics are: professional ethics; planning the audit; internal control; audit of electronic data processing systems; types of evidence; statistical sampling; and preparation of audit working papers and audit reports. Prerequisites: Accounting 341, 342. Three hours.

359. Governmental and Not-for-Profit Accounting.

A study of the accounting practices applicable to governmental, religious, charitable, and other non-profi t organizations. Prerequisites: Accounting 341. Three hours. Alternate years.

360. Accounting Information Systems II.

An in-depth study of the application of information technology knowledge to the accounting environment. Emphasis is on the students’ ability to understand the processing of accounting data in a computerized accounting environment and the controls that are necessary to assure the accuracy and reliability of the information processed by the accounting system. Students will have hands-on experience utilizing popular business and accounting computer programs and applications. Students will also learn about computer fraud, forensic accounting, accounting software selection techniques, EDI and IT auditing. Prerequisites: Accounting 341. Accounting 358 recommended. Three hours.

361. Auditing II.

Designed primarily for those students interested in taking the CPA exam. This class will include attribute and dollar-value sampling, auditing in a computer environment, operational and governmental auditing, professional ethics and legal liability. Case studies will be utilized. Prerequisites: Accounting 341, 342, 358, Mathematics 201. Three hours. Alternate years.

380. Independent Study in Accounting.

390. Special Topics in Accounting.


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Accounting 190. Special Topics in Accounting. 219. Employment Experience in Accounting. 251. Principles of Accounting I. Introduction to fi nancial accounting that focuses on how to use various types of accounting information found in fi nancial statements and annual reports for economic decision making in today’s business world by external decision makers. Three hours. 252. Principles of Accounting II. Introduction to managerial accounting and the use of accounting information by internal decision makers. Focus is on managerial accounting concepts and their applications. Emphasis is placed on the interrelationship of managerial accounting to marketing, production, systems design, engineering, management, and other non-accounting activities. Prerequisite: Accounting 251. Three hours. 253. Accounting Information Systems I. Introduction to manual and automated accounting information systems. This course places an emphasis on the use of computer applications for the accounting function. This course will cover accounting journal entries, the year-end closing of accounts, and the preparation of financial statements, utilizing both manual and automated accounting systems. Prerequisite: Accounting 251. Three hours. 290. Special Topics in Accounting. 319. Internship in Accounting. 341. Intermediate Accounting I. A study of financial accounting, financial statements, and annual reports with an emphasis on the use of GAAP. Topics of study include an examination of the conceptual framework for fi nancial reporting, the use of time value of money concepts in accounting and the accounting for assets of a business Prerequisites: Accounting 251, 252, 253. Three hours. 342. Intermediate Accounting II. A continuation of the study of financial accounting, financial statements and annual reports with emphasis on the use of GAAP. Topics of study accounting for liabilities of a business, stockholder equity, revenue recognition, and income reporting concepts. Prerequisites: Accounting 341. Three hours. 343. Intermediate Accounting III. A study of specialized topics in accounting. Topics include accounting for income taxes, pensions and postretirement benefits, and leases. Additional study of the statement of cash flows and full disclosure is also offered. Emphasis is placed on current issues of importance to the accounting profession. Prerequisites: Accounting 342. Three hours. 353. Cost Accounting. Examination of methods of accumulating and allocating costs of production for purposes of planning and control in organizations. Major emphasis on inventory valuation in job order and process manufacturing, cost allocation methods in organizations, operations budgeting with analysis of variance and capital budgeting, and other decision models. Prerequisites: Accounting 251, 252. Three hours. 354. Individual Income Taxes. The study of current income tax requirements for individuals. Topics include gross income and deductions, property transactions, business income of sole proprietorships. Prerequisites: Accounting 251, 252. Three hours. 355. Taxation of Business Entities. The study of current federal income tax requirements for partnerships, S corporations, regular corporations. Prerequisites: Accounting 251, 252. Accounting 354 is recommended. Three hours. Alternate years. 356. Advanced Accounting. A study of specialized topics and theories in accounting. Topics include business combinations, investor accounting, consolidation techniques and procedures, inter-company transactions, segment and interim reporting, and foreign currency translation as it relates to consolidation of international subsidiaries. Prerequisites: Accounting 341, 342, 343. Three hours. 358. Auditing I. The primary purpose of this course is to assist students of accounting in understanding the work of the public accountant and to apply the methods and procedures followed in conducting an audit. Topics are: professional ethics; planning the audit; internal control; audit of electronic data processing systems; types of evidence; statistical sampling; and preparation of audit working papers and audit reports. Prerequisites: Accounting 341, 342. Three hours. 359. Governmental and Not-for-Profit Accounting. A study of the accounting practices applicable to governmental, religious, charitable, and other non-profi t organizations. Prerequisites: Accounting 341. Three hours. Alternate years. 360. Accounting Information Systems II. An in-depth study of the application of information technology knowledge to the accounting environment. Emphasis is on the students’ ability to understand the processing of accounting data in a computerized accounting environment and the controls that are necessary to assure the accuracy and reliability of the information processed by the accounting system. Students will have hands-on experience utilizing popular business and accounting computer programs and applications. Students will also learn about computer fraud, forensic accounting, accounting software selection techniques, EDI and IT auditing. Prerequisites: Accounting 341. Accounting 358 recommended. Three hours. 361. Auditing II. Designed primarily for those students interested in taking the CPA exam. This class will include attribute and dollar-value sampling, auditing in a computer environment, operational and governmental auditing, professional ethics and legal liability. Case studies will be utilized. Prerequisites: Accounting 341, 342, 358, Mathematics 201. Three hours. Alternate years. 380. Independent Study in Accounting. 390. Special Topics in Accounting.
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