Accounting Courses

ACCT 211 - Accounting Principles I

3 hours

Nature of accounting data and its use in business, fundamental procedures and records, operating cycle, preparation of financial statements, measurement of income and assets. (Fall)

ACCT 212 - Accounting Principles II

3 hours

Prerequisite: ACCT 211

Accounting procedures and practices in partnerships and corporations, development of accounting data for use in management decisions, financial statement analysis, cash flow, income tax. (Spring)

ACCT 315 - Intermediate Accounting I

4 hours

Prerequisite: ACCT 212

An in-depth study of the theory and techniques of financial accounting, including an accounting conceptual framework, a review of the accounting process and financial statement presentation, liabilities, and accounting concerns and standards relating to both current and noncurrent assets. This course covers materials and methods tested on the CPA exam. (Fall)

ACCT 316 - Intermediate Accounting II

4 hours

Prerequisite: ACCT 315

A continuation of ACCT 315 emphasizing the application of accounting theory and standards to liabilities, equity, revenue recognition, leases, post-retirement benefits, income taxes, financial analysis, and accounting prices. This course covers materials and methods tested on the CPA exam. (Spring)

ACCT 317 - Cost Accounting

3 hours

Prerequisite: ACCT 212

An in-depth study of the technical aspects of cost accounting systems including cost allocations; joint product and by-product accounting; actual, standard, and direct cost methods. Process costing is emphasized. This course covers materials tested on the CPA exam. (Fall, odd years)

ACCT 319 - Fund Accounting

3 hours

Prerequisite: ACCT 212

Special accounting procedures for units of government and other not-for-profit organizations. This course covers materials and methods tested on the CPA exam.(Fall, even years)

ACCT 412 - Auditing

3 hours

Prerequisite: ACCT 212; MATH 241

A study of the theory and practice of auditing, with an emphasis on auditor compliance with governmental and professional regulations as well as ethical standards and on the detection of fraud. This course covers materials and methods tested on the CPA exam. (Fall, even years)

ACCT 415 - Advanced Accounting

3 hours

Prerequisite: ACCT 316

A study of advanced accounting and financial reporting topics including business combinations and consolidated financial statements, partnerships and branches, bankruptcy, multinational enterprises, and segments. This course covers materials and methods tested on the CPA exam.(Spring)

ACCT 417 - Accounting Information Systems

3 hours

Prerequisite: ACCT 212

A conceptual foundation of accounting information systems with emphasis on security, internal controls and setting up a computerized system using commercial acounting software. (Spring, odd years)

ACCT 418 - Federal Income Taxes

4 hours

Prerequisite: ACCT 212

A study of the provisions of federal income tax laws as they apply to individuals, corporations, and other taxpayers. Emphasis is on personal income taxes, the various types of income, and the deductibility of costs and expenses in the determination of tax liability. Approximately one-quarter of this course deals with tax accounting research. This course covers materials and methods tested on the CPA exam. (Spring, even years)

ACCT 491 - Selected Topics

1-3 hours

Prerequisite: Permission of department chair

Designed for the student who wishes to do independent study or research. Content and method of study must be arranged prior to registration. May be repeated for a total of 3 credits.

ACCT 492 - Accounting Internship

3-8 hours

This course is an on-the-job, career-oriented internship program for training in accounting. Variable credit of 3-8 semester hours is available. Admission to internship is limited to students who have completed 40 semester hours in the business core and concentration and have maintained a GPA of at least 2.50 in the major. Prior approval of the business internship coordinator and department chair are required before the internship is started. The internship may count as one three-hour elective course in the accounting concentration. Note: A student may not exceed a total of 8 hours for ACCT 492, BUAD 492, and MKTG 492 combined.