- 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 Principles of Accounting I (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: Math Placement level 20 or Mathematics 106 with a grade of C or better or Math ACT 24 or above.
202 Principles of Accounting II (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: Accounting 201 with a grade of C or better.
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. Every semester. Credit not allowed toward the Accounting major. Prerequisite: Finance 302.
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.
