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, 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, 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. Credit not allowed toward Accounting major. Spring and summer semesters. 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.
408 Accounting Information Systems (3)
This course provides an introduction to accounting information systems concepts. Emphasis is on the definition of accounting information, current accounting technology, the systems development life cycle, systems controls, accounting transaction cycles and related documents and files. Fall and spring semesters. Prerequisites: Accounting 300 and 305, or Accounting 312.
411 Taxation of Corporations and Partnerships (3)
Fundamentals of federal income tax laws covering the formation, liquidation and reorganization of corporations and partnerships. Emphasis is placed on the federal income tax laws as they relate to both the entity and the owner. Fall and spring semesters. Prerequisite: Accounting 301 and 307.
412 Taxation of Estates, Gifts and Trusts (3)
A study of the federal taxation of wealth transfers, including federal estate and gift taxes, and the income taxation of estates and trusts. Fall semester. Prerequisites: Accounting 307.
495r Departmental Honors (1-3 hours per term, 4 hours for the two terms)
Every semester. See Departmental Honors.
497r Research (1-3)
Every semester.
498r Individual Studies (1-3)
Every semester.
499r Group Studies (1-3)
Every semester.
FINANCE COURSES (BFIN)
300 Small Business Finance (3)
The role and nature of finance in the small business. The essential tenants and concepts of small business finance are distinguished from corporate finance. Fall and spring semesters. Prerequisite: Accounting 200.
301 Personal Finance (3)
Designed to help the individual and family make intelligent, informed decisions on personal financial management. On demand.
302 Essentials of Managerial Finance (3)
Management of funds in business, including procurement, utilization, and disposition of money. Financial aids such as budgeting and break even analysis, financial statement analysis, and capital management. Every semester. Prerequisites: Accounting 202, Economics 101 and 102, Management 211, Mathematics 131, junior standing.
318 Financial Institutions (3)
Capital markets and institutions; sources and uses of capital funds; impact of changes in flow of funds on the economy. Fall semester. Prerequisite: Finance 302, Accounting 202, Economics 101 and 102, junior standing.
320 Intermediate Financial Management (3)
A course designed to provide students with a detailed development of key finance concepts introduced in earlier course work. Topics covered include risk analysis, security valuation, capital budgeting, cost of capital, capital structure, the dividend decision, leasing and mergers. Every semester. Prerequisites: Accounting 202, Economics 101 and 102, Finance 302, Management 212, junior standing.
