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Accounting:   Offered by the School of Management. See Management course list for faculty.
 
UNDERGRADUATE COURSES:

Acct 115 - Fundamentals of Financial Accounting (3-0-3)
This is an introductory-level financial accounting course designed to develop fundamentals of financial accounting. This course will help students develop skills in applying financial accounting principles to record basic economic transactions, summarize and present such transactions in financial statements as well as to analyze reported accounting information from a user's perspective to make informed financial decisions. Students will also learn to appreciate accounting as a dynamic, changing discipline rather than an inflexible set of rules. Effective From: Fall 2010

Acct 116 - Principles of Accounting II (3-0-3)
Prerequisite: Acct 115. A continuation of Acct 115. Valuation, depreciation, costing methods, overhead accumulations, and distribution. Emphasis given to standard costs, cost estimating and budgets. Effective Until: Spring 2010

Acct 117 - Survey of Accounting (3-0-3)
This is an introductory course designed to develop fundamentals of financial accounting-a process of identifying, recording, and communicating economic events of an organization. This course will provide students with an opportunity to develop skills in applying financial accounting principles to record basic economic transactions, summarize and present such transactions in financial statements as well as analyze reported accounting information by using ratios. Effective From: Spring 2011

Acct 215 - Managerial Accounting I (3-0-3)
Prerequisites: Acct 115 or Acct 117. This course introduces fundamentals of cost and managerial accounting, including an introduction to job orders and process costing systems, cost allocation, cost behavior, managerial decision models, cost and budgetary planning and control, standard costing, analysis of variance, and responsibility accounting. The course is designed to develop the fundamentals of managerial accounting and provide students with a working knowledge of how accounting data are used by management in planning, decision-making and operational control. Effective From: Fall 2010

Acct 315 - Accounting for Managerial Decision Making (3-0-3)
This course wil concentrate on management decisions and the contribution of accounting toward making these decisions. Emphasis is upon using accounting information to solve business problems. Effective Until: Spring 2014

Acct 317 - Managerial Accounting (3-0-3)
Prerequisites: Acct 115, Acct 116. The techniques of evaluating labor, material and overhead costs. Rate of return, variance analysis, and break-even analysis. Effective Until: Spring 2010

Acct 325 - Intermediate Accounting I (3-0-3)
Prerequisites: Acct 215 or 116 This course provides an in-depth study of generally accepted accounting principles in the classification, presentation and disclosure of assets required by external users of financial statements. Students will learn to complete accounting cycle activities; prepare and evaluate financial statements with data from an accounting information system; apply financial accounting functions and theory to recognize and measure different types of assets; calculate earnings per share; carry out income tax accounting; and understand the nature and effect of accounting errors. Effective From: Spring 2014

Acct 335 - Managerial Accounting II (3-0-3)
Prereq: Acct 215 A study of the concepts and techniques used by cost accountants to assist decision-makers within the organization. In-depth, real-world scenarios will be discussed including process accounting, job-order accounting, measuring quality costs, activity-based costing, and evaluating performance. Students will be introduced to methods currently being used by American businesses, including service firms, as well as manufacturers. Effective From: Fall 2010

Acct 415 - Auditing (3-0-3)
Prerequisites: Acct 435. An examination of current auditing theory and procedures employed in carrying out the audit. The course will cover the life cycle of the audit from accepting an audit, gathering evidence to giving an opinion on a company's financial reports. Effective From: Spring 2014

Acct 425 - Tax Accounting I (3-0-3)
Prerequisite: Acct 215 or Acct 116. This course is the first part of the two tax accounting courses, with a focus on federal individual income taxation. It is designed to give the students a comprehensive understanding of personal income tax laws and to able him to prepare personal income tax returns of considerable complexity. Topics covered in this course will include gross income, property transactions, capital gains/losses, itemized deductions employee expenses, depreciation, accounting methods and tax credits, among others. Effective From: Spring 2014

Acct 435 - Intermediate Accounting II (3-0-3)
Prerequisite: Acct 325. This is the second part of the two intermediate level financial accounting courses designed to review the basic financial required statements and provide accounting students with in-depth study of accounting principles advanced by responsible professional organizations. Topics covered include the classification, presentation and disclosure of assets, liabilities and stockholders' equity for external users of financial information. Effective From: Fall 2010

GRADUATE COURSES:

Acct 515 - ManagerialAccounting (3 credits)
Case study approach to accounting issues that have an impact on management decision making: nature of managerial accounting, cost behavior, cost-volume-profit analysis, full costing and its use, standard costs, variances, differential cost analysis, and responsibility accounting.

Acct 610 - Internal Auditing Concepts and Procedures (3 credits)
The entire internal audit function including planning, surveying, audit performance, work paper documentation, reporting, standards, controls, sampling, and fraud detection.

Acct 615 - Management Accounting (3 credits)
Builds on traditional concepts of managerial accounting (break-even analysis, alternate choice decisions, profit planning, and transfer pricing) and develops the skills that an executive needs in strategic cost analysis. Explores strategic decisions of value chains and activity-based management. Emphasis on using managerial accounting data in executive planning and control.

Acct 630 - Concepts and Applications of Control (3 credits)
Examines the need for and implementation of internal controls to protect corporate assets. Emphasizes the role of the controller in the organization.

Acct 650 - Operational Auditing (3 credits)
Stresses the functions of the auditor in assessing the effectiveness and efficiency of operations. Includes such areas as environmental auditing, auditing the human resource management function, auditing OSHA, psychological impact on internal auditors, auditing in a just-in-time environment, ethics, and auditing for fraud. Financial areas are discussed only to the extent of their operational impact.

Acct 670 - Seminar in Accounting Theory (3 credits)
Focuses on contemporary areas relating to accounting theory. Taught from the viewpoint of the corporate controller.

Acct 680 - Seminar in Auditing (3 credits)
Discusses contemporary auditing topics as they impact on management control and decisions.

Acct 690 - Seminar in Taxation (3 credits)
Focuses on contemporary issues in taxation as they impact on the corporate decision making process.