Accounting

ACC201 Financial Accounting (3 semester hours)
Fundamental principles of financial accounting theory and practice: analysis of assets, liabilities, and owners' equity accounts; allocation, estimation, and accrual procedures; financial statement preparation and interpretation.
No prerequisites

ACC202 Management Accounting (3 semester hours)
The accounting procedures that help business managers in decision making: manufacturing cost methods, budgets, tax considerations, and methods of analyzing and interpreting financial statements.
Prerequisite: ACC201.

ACC221 Cost Accounting (3 semester hours)
Application of general accounting principles to the recording, analysis, and interpretation of material, labor, and overhead costs for divisions, functions, departments, and operations; product cost systems, job cost systems, and factory overhead cost.
Prerequisite: ACC202.

ACC311 Intermediate Accounting I (3 semester hours)
The study of accounting theory and practice as it relates to current assets, including monetary assets, receivables, and inventories. The standard setting process, present value applications, accounting for discontinued operations and extraordinary items, and preparation of financial statements will also be examined.
Prerequisite: ACC202.

ACC312 Intermediate Accounting II (3 semester hours)
The study of accounting theory and practice as it relates to inventory valuation, plant assets, intangible assets, current liabilities, bonds, contingencies and stockholders' equity. Earnings per share for both simple and complex capital structures will also be examined.
Prerequisite: ACC311.

ACC313 Intermediate Accounting III (3 semester hours)
The study of accounting theory and practice as it relates to investments, revenue recognition, deferred taxes, pension plans, and leases. Accounting changes, financial statement analysis, and disclosure issues will also be examined.
Prerequisite: ACC312.

ACC331 Federal Taxation of Individuals (3 semester hours)
Concepts and principles underlying gross income, accounting methods, gains and losses, inventories, depreciation, deductions, the minimum and average tax rates, and the taxable year.
Prerequisite: ACC202.

ACC414 Advanced Accounting (3 semester hours)
Study of accounting principles as it relates to business combinations including pooling of interest and purchase methods. Accounting for partnership formation, operation and termination will be covered. Also covered will be issues in segment and branch accounting.
Prerequisite: ACC313.

ACC441 Auditing (3 semester hours)
The study of generally accepted auditing standards and procedures used in examining financial statements and supporting records; the auditor's responsibilities to third parties, the evaluation of the client's internal control, and the ethics of the profession.
Prerequisites: ACC312 and ECN/SBS232.

ACC515 Contemporary Accounting Issues (3 semester hours)
The study of the current pronouncements of accounting rule making organizations. Foreign currency transactions and statement translations will be studied. Also covered will be the accounting of the special entities of estates, trusts and reorganizations.
Prerequisite: ACC313.

ACC532 Federal Taxation of Business Entities (3 semester hours)
Tax laws applicable to corporations, partnerships, decedents, and to estates and trusts; gift taxes, estate taxes, returns, payments, assessments, and refunds.
Prerequisite: ACC331.

ACC542 Advanced Auditing (3 semester hours)
Continues the study of the examination of financial statements through practical application problems and cases; reporting on the auditor's work and involvement in other services such as management advisory services, tax services, and compilation and review services.
Prerequisite: ACC441.

ACC551 Accounting Information Systems (3 semester hours)
The study of the accounting systems design, implementation and application within the functional areas of the firm. Hardware and software applications as it relates to accounting will be covered, as will be the internal control of the systems.
Prerequisite: ACC313.

ACC552 Governmental and Non Profit Accounting (3 semester hours)
Accounting and budgeting concepts applied to the management of public not-for-profit organizations: program budgeting, fund accounting, and systematic program analysis as they apply to public sector institutions.