Accounting
ACC 231. Principles of Accounting I. 3 hours. F., Sp.
Introduction to financial accounting including fundamental accounting relationships, completion of the accounting cycle, internal control, cash, receivables, inventories, fixed assets, payables and payroll accounting.
ACC 233. Principles of Accounting II. 3 hours. F., Sp.
Formation, organization, and operation of partnerships and corporations, financial statement analysis, bonds, statement of cash flows, cost systems, cost-volume-profit analysis and budgeting. Prerequisite: ACC 231 Principles of Accounting I with a grade of "C" or better.
ACC 330. Intermediate Accounting I. 3 hours. F.
In-depth study of accounting theory, practice, and procedures. The course emphasizes the application of theoretical concepts to problem analysis and accounting practice, including preparation and interpretation of reports. There is a focus on accounting and disclosure requirements of major asset accounts. Prerequisite: ACC 233 Principles of Accounting II with a grade of "C" or better.
ACC 331. Intermediate Accounting II. 3 hours. Sp.
Continuation of study of accounting theory, practice and procedures. The course focuses on accounting and disclosure requirements for current and noncurrent liabilities and capital accounts. Prerequisite: ACC 330 Intermediate Accounting I with a grade of "C" or better.
ACC 332. Management Accounting. 3 hours. Offered On Sufficient Demand.
For non-accounting majors only. The course includes: the practical application of accounting principles to management problems concerning cost behavior and cost flows, profit planning, budgeting, and controls. Prerequisite: ACC 233 Principles of Accounting II with a grade of "C" or better.
ACC 333. Accounting Software Applications. 3 hours. Offered On Sufficient Demand.
Practical application of the fundamentals of the accounting cycle using QuickBooks accounting software. Continuing realistic cases allow students to understand how accounting information is identified, analyzed, recorded, and utilized. Prerequisite: ACC 231 Principles of Accounting I.
ACC 335. Cost Accounting. 3 hours. Sp.
Study of cost accumulation and allocation for product costing, planning, control, performance evaluation, and decision-making. The accounting for a variety of organizations in both traditional and contemporary operational environments is emphasized. The topics covered in the course include cost of quality; actual, normal, and standard costing; activity-based management and costing; job-order, process, and operation cost systems; absorption and variable costing; cost-volume-profit analysis; relevant costing; and budgeting. Prerequisite: ACC 233 Principles of Accounting II with a grade of "C" or better.
ACC 430. Principles of Taxation I. 3 hours. F.
Concepts and methods of determining federal income tax liability for individuals. Topics emphasized include tax formula, income and deduction, passive activity losses, alternative minimum tax, and tax credits. Emphasis is also placed on tax research and tax planning. Prerequisite: ACC 231 Principles of Accounting I.
ACC 431. Principles of Taxation II. 3 hours. Sp.
A study of taxation relating to property transactions. Concepts and methods of determining federal tax liability of corporations, including S Corporations. An introduction to partnership taxation and federal transfer taxes. Prerequisite: ACC 430 Principles of Taxation I or approved equivalent.
ACC 435. Advanced Accounting. 3 hours. Sp.
A study of the specialized areas of business combinations and consolidated financial statements. The course includes: accounting for partnerships and an extensive examination of accounting for governmental and not-for-profit entities. Prerequisite: ACC 331 Intermediate Accounting II.
ACC 436. Principles of Auditing I. 3 hours. F.
An introduction to internal and external auditing and audit-related services. The nature and purposes of audit, attestation, assurance and compilation services are studied. Other topics include reporting, professional ethics, legal liability, engagement planning, materiality and risk assessment, internal control, and operational audits. Prerequisite: ACC 331 Intermediate Accounting II.
ACC 438. Fraud Examination. 3 hours. Offered On Sufficient Demand.
An introductory study of how and why fraud is committed, how fraudulent conduct can be deterred, and how allegations of fraud should be investigated and resolved. Prerequisites: ACC 231 Principles of Accounting I and ACC 233 Principles of Accounting II or ACC 231 Principles of Accounting I and FIN/FAM 388 Personal and Family Financial Planning or approved equivalent.
ACC 439. Seminar In Accounting Theory. 3 hours. Offered On Sufficient Demand.
An intensive investigation of the history and theory of accounting as discussed in the literature. Authoritative pronouncements will be examined with the emphasis being placed upon theoretical reasoning instead of purely practical application. Prerequisite: ACC 331 Intermediate Accounting II.
ACC 497. Accounting Internship. 0 hours. Su., F., Sp.
A practical experience in an accounting environment that enhances academic training received in the classroom. Students are encouraged to seek positions with prospective future employers. Prerequisites: Either ACC 330 Intermediate Accounting I, ACC 335 Cost Accounting, or ACC 430 Principles of Taxation I, and junior standing.