The Department of Accounting is committed to providing high-quality educational programs supported by ongoing faculty research and active participation in community and professional organizations.
2006 - Business Administration: Accounting (B.S.)
- General Education (see list of approved courses)
- Rhetoric and Composition: Two approved courses in rhetoric and composition (6 hours)
- Mathematics: Mathematics 131* (3 hours)
- Statistics: Management 211* (3 hours)
- Natural Sciences: Two approved natural science courses, at least one including a laboratory component (7-8 hours)
- Humanities and Fine Arts: Two approved humanities and fine arts courses, one from fine arts and one from either (6 hours)
- Cultures and Civilizations: Option A: One approved Western Humanities course and one approved Non-Western Cultures and Civilizations course OR Option B: two approved World Civilization courses (6 hours)
- Behavioral and Social Sciences: One course from Economics 101* or 102* and one course from Anthropology 152*, Political Science 101*, Psychology 101*, or Sociology 151* (6 hours)
Major and Related Courses
- Economics 101#, 102# and one course from Anthropology 152#, Political Science 101#, Psychology 101#, or Sociology 151#;
- Management 100; Mathematics 131# and 136 (if exempted from Mathematics 131, student must take Mathematics 136); Theatre and Speech 109; Management 310;
- 31 hours from the College of Business including Accounting 201, 202, 335; Finance 302; Management 211#, 212, 311, 315, 440, 441; Marketing 313
Accounting Concentration
- 21 hours from the College of Business including: Accounting 300, 301, 302, 305, 307, 405, 408
- 12 hours: 6 hours chosen from Accounting
306, 401, 406, 407, 411, 412;
6 hours chosen from any 300 or 400 level Finance course; Accounting 336; Economics 324 or 325; Management 356; Business Administration 390r, 453.
- 2.0 average in all Accounting courses.
- Electives to complete 120 hours.
- A minimum of 54 hours of the 120 total must be taken at the 300-400 level.
- Maximum of 69 hours total accepted in College of Business courses; i.e., at least 51 hours other than College of Business courses must be completed.
- At least 50 percent of the business credit hours required for the B.S. degree in Business Administration must be earned at UTC.
- See additional requirements.
*Also satisfies requirement in the
major.
#Also satisfies general education requirement.
ACCOUNTING COURSES (BACC)
200 Accounting and Financial Reporting: A User’s Perspective (3)
This course provides an introduction to financial accounting within the context of the decision-making process used by internal and external users, their information processing styles, and the role of ethics and values in decision-making. The student will study accounting as the language of business, the four major financial statements, and the accounting cycle and its role in the development of accounting information. The course is appropriate for non-business majors seeking knowledge of today’s complex financial world. Fall and spring semesters. Credit will not apply toward a Business Administration: Accounting major.
201, 202 Principles of Accounting (3,3)
Basic financial and managerial accounting principles as applied to manufacturing, service and retail enterprises. Includes the study of generally accepted accounting. Every semester. Prerequisite: 201 with a grade of C or better is prerequisite to 202.
300 Intermediate Accounting I (3)
The theoretical foundations and structure of accounting as they relate to the presentation of financial statements. Emphasis will be on the framework underlying financial accounting and analysis of current assets. Every semester. Prerequisite: Accounting 202 with a grade of C of better, junior standing.
301 Intermediate Accounting II (3)
Theoretical foundations and structure of accounting as they relate to the presentation of financial statements. Emphasis will be placed on analysis of fixed assets, liabilities and equity. Every semester. Prerequisites: Accounting 300 with a grade of C or better.
302 Intermediate Accounting III (3)
The theoretical foundations and structure of accounting as they relate to the presentation of financial statements. Emphasis will be placed on analysis of the statement of cash flows, deferred taxes, leases, pensions, earnings per share, and other financial reporting considerations. Every semester. Prerequisites: Accounting 301.
305 Managerial Cost Accounting (3)
Introduction to the managerial-cost accounting models available for planning, controlling, and evaluating operations. Including: the development and utilization of unit standard costs, job order and process costing, variance analysis, direct and absorption costing models, and their data requirements. Every semester. Prerequisite: Accounting 202 with a grade of C or better, junior standing.
306 Budgeting (3)
Cost accounting by standard costs. Cost analysis and cost distribution reports emphasized. Methods and procedures in the preparation and execution of master and special budgets for industrial and commercial enterprises. Summer semester. Prerequisite: Accounting 305, or Accounting 202 and approval of instructor.
307 Federal Tax Accounting (3)
Fundamentals of federal income tax with major emphasis upon tax law and regulations applicable to individuals. Every semester. Prerequisite: Accounting 300 and 335, or approval of instructor.
312 Issues in Financial Accounting and Reporting (3)
An application of accounting principles and an examination of how those principles influence the financial reporting process. Spring and summer semesters. Credit not allowed toward Accounting major. Prerequisite: Finance 302.
335 Legal Environment of Business (3)
American legal institutions and sources of law; ethical considerations of business; an introduction to social and political influences as reflected in government regulation. Every semester.
336 Business Law (3)
Fundamental principles concerning contracts, personal property, and bailments, sales, commercial paper, secured transactions, agency and employment, partnerships and corporations, real property. Every semester. Prerequisite: Accounting 335.
401 Advanced Accounting (3)
Theory of business combinations and preparation of consolidated financial statements; accounting for foreign currency translations, and partnerships. Spring semester. Prerequisite: Accounting 301; Management 212.
405 Auditing (3)
Kinds of audits, systems of accounts, and methods of conducting audits. Preparation of working papers and reports. Fall and spring semesters. Prerequisites: Accounting 301, Management 212, Prerequisite or Corequisite: Accounting 408.
406 Advanced Managerial Accounting (3)
An investigation of alternative managerial accounting models available for planning, controlling, and evaluating operating and capital expenditures. Including investigations of the assumptions, behavioral implications, quantitative methodologies, and controversial issues in current and proposed managerial accounting models. On demand. Prerequisites: Accounting 305, Finance 302.
407 Governmental Accounting (3)
Accounting systems of institutions and various governmental units. Fund transactions, revenues and expenditures, appropriations, and form and content reports. Fall and spring semesters. Prerequisite: Accounting 300.
