Undergraduate Bulletin
Document Number 4.01.02

[1] Courses in Accounting (ACCT)

2310 PRINCIPLES OF ACCOUNTING I This is a required course for all business majors in the business foundation. The mode of instruction is lecture/problem solving. The course covers the fundamental principles of accounting; measurement, evaluation, and recording. The preparation and composition of financial statements is examined. Prerequisites: MATH 1390, sophomore status. Fall, spring, summer.

2311 PRINCIPLES OF ACCOUNTING II This is a required course for all business majors in the business foundation. The mode of instruction is lecture/problem solving. The course is a continuation of the study of measurement, evaluation, and recording of business information as a basis for decision making. Evaluation of alternatives, profitability, and strategy are examined. Prerequisite: ACCT 2310. Fall, spring, summer.

2321 LEGAL ENVIRONMENT OF BUSINESS I This is a required course for all business majors in the business foundation. The mode of instruction is lecture. The course is a study of the constitution and business; the court system and other means of dispute resolution; anti-trust issues; business and labor; consumer rights; enforceable contracts; business and its environment including social responsibility, ethics, and protecting the physical environment. Prerequisite: sophomore status. Fall, spring, summer.

2376 BUSINESS LAW FOR ENTREPRENEURS This course gives special emphasis to issues that confront those who desire to start or own a business. Topics covered include: choosing the form of organization, structuring ownership, financing options, contracts and leases, and human relations issues. This is a required course in the business foundation for entrepreneurship majors. The mode of instruction is lecture. Offered each semester.

3311 INTERMEDIATE ACCOUNTING I This is a required course for accounting and finance majors. The mode of instruction is lecture/problem solving. The course covers valuation, classification, and presentation in financial statements of business enterprises with emphasis on determination and valuation of assets and current liabilities. Prerequisite: ACCT 2311. Fall, spring, summer.

3312 INTERMEDIATE ACCOUNTING II This is a required course in the accounting major, an elective course in the accounting minor, and an elective course in the finance major. The mode of instruction is lecture/problem solving. The course is a continuation of financial reporting concepts with emphasis on the statement of cash flows and the valuation of long-term liabilities and stockholder’s equity on the balance sheet. In addition, the valuation, classification, and presentation of pensions, leases, and income taxes is covered. Prerequisite: ACCT 3311 with a minimum grade of C. Fall, spring, summer.

3314 MANAGERIAL ACCOUNTING Course is not open to accounting majors. Degree credit is not given for both ACCT 3314 and ACCT 3315. The mode of instruction is lecture/problem solving. The course provides a study of the types of information managers need to plan and control business operations, where to obtain this information, and how to use this information in decision making. The course makes extensive use of computer technology. Prerequisite: ACCT 2311. On demand.

3315 COST ACCOUNTING This is a required course in the accounting major. This course may substitute for ACCT 3314 for all business majors. The mode of instruction is lecture/problem solving. The course provides an examination of the concepts, analysis, and procedures to provide relevant financial and non-financial information to management for purposes of planning, controlling, and evaluating operations. Prerequisite: ACCT 2311. Fall, spring, summer.

3316 INDIVIDUAL TAXATION This is a required course in the accounting major. Mode of instruction is lecture/problem solving. The course studies the fundamentals of taxation with major emphasis on those provisions having application to individual taxpayers. Prerequisite: ACCT 2311. Fall, spring.

3320 ACCOUNTING INFORMATION SYSTEMS This is a required course for accounting majors and substitutes for MIS 3321 in the business core. The mode of instruction is lecture/computer applications. The course covers the analysis and design of systems to process and report relevant accounting and non-accounting information for business entities. The course focuses on internal controls and uses the simulated processing of accounting information in a hands-on microcomputer lab environment. Prerequisites: ACCT 3311 with a minimum grade of C; MIS 2343. Fall, spring, summer.

3322 LEGAL ENVIRONMENT OF BUSINESS II This is an elective course but is recommended for students who plan to sit for the CPA Exam. The mode of instruction is lecture. A study of agency, commercial paper, forms of business organizations; real and personal property; bailments; the liability of accountants and other professionals; bankruptcy as applied to the different forms of business organizations. Prerequisite: ACCT 2321. Fall, spring.

3376 TAXATION FOR ENTREPRENEURS This course is a required course for the Innovation/Entrepreneurship major. The basic tax concepts that relate to start-up/small businesses are described. Business expenses, employee compensation, property acquisitions and disposals as well as the taxation of Corporations. Proprietorships and Flow-Through entities are covered in this course. Prerequisite: ACCT 2376. Offered once a year.

3382 INTERNSHIP IN ACCOUNTING This is an elective course open to accounting majors. Internships are available to provide students academic credit for experiential learning. Three credit hours will be granted for this course upon completion of a minimum of 120 contact hours at an approved CBA student internship. Prerequisites: ACCT 3311 and junior standing. On demand.

4304 GOVERNMENTAL/NOT-FOR-PROFIT ACCOUNTING Mode of instruction is lecture/problem solving. The course covers accounting and financial reporting practices of state and local governments and other not-for-profit entities. Prerequisite: ACCT 2311. Fall, spring, summer.

4305 ESTATE PLANNING Estate planning focuses on the efficient conservation and transfer of wealth, consistent with the client’s goals. The course is a study of the legal, tax, financial, and non-financial aspects of this process, covering topics such as trusts, wills, probate, advanced directives, charitable giving, wealth transfer and related taxes. The course is designed for students majoring in accounting who want to focus on the area of taxation and for students in the insurance major who are specializing in financial planning. The course will introduce students to the integrated discipline of estate planning. Prerequisite: ACCT 3316. On demand.

4312 ADVANCED ACCOUNTING This is a required course in the accounting major. Mode of instruction is lecture/problem solving. The course covers concepts and problems encountered in business combinations, consolidations, international accounting, segment reporting, and partnerships. Prerequisite: ACCT 3312 with a minimum grade of C. Fall, spring, summer.

4315 ADVANCED COST ACCOUNTING This is a computer applications course required of all accounting majors and substitutes for MGMT 3344 in the business core and an elective course for accounting minors. Mode of instruction is lecture/problem solving. The course covers the use of information in solving quantitative and behavioral problems associated with the management of an entity. Prerequisite: ACCT 3315 with a minimum grade of C. Fall, spring.

4316 ADVANCED INCOME TAX This is a required course in the accounting major and an elective course in the accounting minor. Mode of instruction is lecture/problem solving. The course covers advanced tax issues with emphasis on partnerships, corporations, estates, and gifts. Prerequisite: ACCT 3316 with a minimum grade of C. Fall, spring.

4317 AUDITING This is a required course in the accounting major. Mode of instruction is lecture/problem solving. The course provides an introduction to auditing theory, professional conduct, internal control, and audit procedures. Prerequisites: ACCT 3312 and 3320 with a minimum grade of C in each course. Fall, spring, summer

4325 LEGAL ENVIRONMENT OF HEALTH CARE ADMINISTRATION This is an elective course. Mode of instruction is lecture. The course provides a survey of legal problems confronted by health care professionals and how to recognize and deal with these problems. Prerequisite: Senior status. On demand.

4390 SPECIAL PROBLEMS IN ACCOUNTING Prerequisite: Consent of the department chair.