ACCT 200. FINANCIAL ACCOUNTING PRINCIPLES (Credit, 3 hours). Accounting concepts and principles applicable to business enterprises, including a study of the accounting cycle, accounting for selected assets and liabilities, and preparation and presentation of financial statements for external users.
ACCT 201. MANAGERIAL ACCOUNTING PRINCIPLES (Credit, 3 hours). Analysis of financial statements, budgeting, using accounting information for internal decision-making purposes, accounting for manufacturing operations, financing growth, and investing excess cash. Prerequisite: ACCT 200.
ACCT 300. INTERMEDIATE ACCOUNTING I(Credit, 3 hours). Accounting theory and practice underlying the preparation and presentation of financial statements, measurements and valuation of assets and liabilities, accounting for selected balance sheet, and related income statement items. Prerequisite: ACCT 201.
ACCT 301. INTERMEDIATE ACCOUNTING II (Credit, 3 hours). Continuation of ACCT 300. Accounting theory and practice related to corporate capital, current liabilities, long-term debt, pensions, leases, income tax allocation, revenue recognition, and preparation of the cash flow statement. Prerequisite: ACCT 300.
ACCT 305. FINANCIAL STATEMENT ANALYSIS (Credit, 3 hours). Emphasis on the end results of reporting and interpreting these results to aid in decision-making. Topics include ratio analysis, leverage analysis, trend analysis, cash flow analysis, impact of inflation on financial statements, and correlations of book values to market values. Pre- requisite: ACCT 201.
ACCT 310. TAX ACCOUNTING (Credit, 3 hours). Fundamentals of federal income tax accounting with emphasis on individuals, income inclusions and exclusions, business expenses, capital gains and losses, statutory deductions, and other topics. Prerequisite: ACCT 201.
ACCT 320. MANAGERIAL COST ACCOUNTING (Credit, 3 hours). Principles and practices of cost determination and cost control, including such topics as cost allocation procedures, job order and process costing, direct and absorption costing, budgeting, standard costs, responsibility accounting, short-term and long-term decision analysis, and other topics. Prerequisite: ACCT 201.
ACCT 330. INTERNAL AUDITING (Credit, 3 hours). Internal audit standards and concepts, evaluation of internal control, risk analysis, evidence, reporting audit results. Prerequisite: ACCT 300.
ACCT 340. ACCOUNTING INFORMATION SYSTEMS (Credit, 3 hours). Analysis, design, and installation of accounting systems and understanding the control procedures required, with emphasis on computer-based systems. Prerequisites: ACCT 201, COMPS 291.
ACCT 360. ACCOUNTING FOR NOT-FOR-PROFIT ORGANIZATIONS (Credit, 3 hours). Accounting principles and practices for local, state, and federal governments and for private not-for-profit institutions, including emphasis on the unique problems of recording and reporting of financial information, budgeting, cost control, and performance measurement. Prerequisite: ACCT 201.
ACCT 400. ADVANCED ACCOUNTING (Credit, 3 hours). Theory and practice underlying accounting for partnerships, business combinations, and presentation of consolidated financial statements. Prerequisite: ACCT 301.
ACCT 408. FINANCIAL ACCOUNTING THEORY I (Credit, 3 hours). Study and critical evaluation of recent developments in accounting theory and practice with emphasis on pronouncements and issues under study by standard-setting bodies of the accounting profession. Prerequisite: ACCT 301.
ACCT 410. ADVANCED TAX ACCOUNTING (Credit, 3 hours). Advanced study in federal income taxation with emphasis on corporations, shareholders, partnerships, estates and trusts, social security, gift taxes, and other topics. Prerequisite: ACCT 310.
ACCT 420. ADVANCED COST ACCOUNTING (Credit, 3 hours). Advanced topics in cost analysis for planning and decision-making purposes including capital budgeting, inventory planning, make or buy and product mix decisions, special problems of decentralized companies, application of quantitative techniques to decision-making problems, behavioral and social aspects of accounting, and other topics. Prerequisite: ACCT 320.
ACCT 430. AUDITING (Credit, 3 hours). Study of gen- erally accepted auditing standards and procedures with emphasis on auditing pronouncements of the AICPA, the requirements of the SEC and other standard-setting bodies. Prerequisite: ACCT 301.
ACCT 432. ADVANCED INTERNAL AUDITING (Credit, 3 hours). A study of advanced internal auditing topics such as fraud, computer audits, sta- tistical auditing techniques, and issues of current interest in internal auditing. Prerequisite: ACCT 330.
ACCT 435. ADVANCED AUDITING (Credit, 3 hours). In-depth study of current topics and problems in auditing theory and practice, including the philosophical aspects of auditing, operational audits, role of the internal auditing function, auditing standards in government, specialized auditing aspects of some selected industries, and other selected topics. Auditing cases and practice sets are used. Prerequisite: ACCT 430 or permission of instructor.
ACCT 461. ADVANCED BUSINESS LAW FOR ACCOUNTANTS (Credit, 3 hours). Study of specific areas of law, pertaining to business transactions with emphasis on legal concepts underlying sale of goods, agency, security devices, commercial paper, accountants liability, business organization, and bankruptcy; application of uniform commercial code; and preparation for the CPA examination. Prerequisite: MGMT 360. Credit will not be given for both this course and MGMT 460. Accounting majors only.
ACCT 480. INTERNATIONAL ACCOUNTING (Credit, 3 hours). A study of international accounting concepts and standards from the perspective of international financial control and reporting to parties outside the firm, including the examination of the issues of transfer pricing, currency translation, taxation, professional and institutional regulations, inflation, foreign investment analysis, accounting under different economic systems, and other selected topics. Prerequisite: ACCT 301.