Lower Division Requirements
ACCT 2110, 2120; BADM 1010, 1020, 1030, 1040; BLAW 2210; ECON 1050 or 1100 and 1200, 2300; MATH 112
Upper Division Requirements
ACCT 3110, 3120, 3130, 3140, 4110, 4120, 4150, 4160; AIMS 3770; BADM 4970; BLAW 3210; FNCE 3410; INBA 3810; MGMT 3610; MRKT 3510
Core, Major and Elective Accounting Courses
ACCT 2110 Financial Accounting
This is the first course in a two-accounting-course sequence that is required for all business majors. This course introduces the student to the role of accounting in business and society, the basic concepts and techniques of financial accounting and the use of financial statements for decision-making purposes. Topics covered include a summary of the accounting cycle, analyzing and recording transactions, accounting valuation and allocation practices, preparation, interpretation and analysis of financial statements.
ACCT 2120 Accounting Information for Decision Making
This course involves the study of managerial accounting, in which economic information (both qualitative and quantitative) is used to make strategic business decisions. This course is the second of two introductory accounting courses (business core prerequisite: ACCT 2110) required for all business majors and as a prerequisite to all other accounting courses. Managerial accounting information is used to make decisions that guide the organization through planning, organizing, directing and controlling activities. Strategic decision making requires a future orientation to the information, with relevant and flexible data. This course draws heavily from economics, finance, management and marketing.
ACCT 3110 Intermediate Accounting I
This course begins the in-depth study of financial accounting and reporting. Topics covered include the environment of the standard setting process for financial accounting and reporting, the conceptual framework, accounting cycle procedures, financial statement preparation and financial disclosures, basic ratio analysis, and accounting standards and procedures for cash, notes and accounts receivable, and inventories. Uses and limitations of the balance sheet and the income statement are studied. Researching accounting issues through the use of a database and accounting websites are a course requirement.
ACCT 3120 Intermediate Accounting II
This course continues the in-depth study of financial accounting and reporting introduced in ACCT 3110. The conceptual and procedural aspects of many of the complex and controversial topics in financial accounting are studied from both the U.S. and an international accounting perspective. Topics include the accounting for property, plant, and equipment, intangible assets, investments, long-term debt, leases, deferred taxes, contingent liabilities and assets stock-based compensation and several issues relating to stockholders' equity. Coverage of these topics includes an historical perspective, current practice, awareness of limitations in current practice, and possible future directions. Researching accounting issues through the use of the FASB's Codification database is integrated into the course.
ACCT 3130 Cost Management
This course continues the process of analyzing economic events within the framework of accounting information systems and the use of information in the management decision-making process. Students are expected to analyze and evaluate business operations and activities. The topics will include those of the traditional product costing methods as well as cost management topics. Advanced topics of decision making structure, together with the measurement of performance, and the new competitive environment are covered during the last part of the semester. This course draws heavily from other disciplines, especially the fields of management and economics.
ACCT 3140 Accounting Information Systems
This course introduces students to the fundamentals of accounting information systems including transaction processing, system documentation techniques, business processes, and internal controls. Various software is utilized to illustrate these AIS fundamentals and to reinforce financial and managerial accounting concepts within the context of an accounting information system.
ACCT 4110 Advanced Accounting
This course completes the undergraduate study of financial accounting and reporting. An emphasis is placed on consolidated financial statements. Additional topics covered include foreign currency transactions, translation of the financial statements of foreign entities, and governmental accounting for local and state governments. International financial reporting standards are integrated into the course content as applicable.
ACCT 4120 Income Tax Accounting
This is a comprehensive study of federal tax laws and administration with emphasis on the taxation of individuals. In addition, application of the components of the federal income tax formulas for partnerships, corporations, and other business entities will be examined.
ACCT 4130 Financial Statements Analysis
Financial statements provide information about entities’ performance, the financial position, results of operations, and the cash flow of an organization to stakeholders. Analysis of financial data is a useful methodology in interpretation of financial reports and comparison of the results within the industry for assessing trends of the business performance. This course provides students with hands-on experience in financial statement analysis as students will be exposed to tools of financial analysis, theoretical concepts, and practical issues regarding measurement, valuation, and earnings management. Internal and external users of financial reports benefit from analyzing the relationships between and among components of financial statements and appraisal of financial performance.
ACCT 4150 Accounting Ethics, Professionalism, and the Public Interest
Accountants and the accounting profession play an important role in society. This role is examined in this course through an in-depth study of accounting ethics, professionalism, and the public interest. Students will learn about and analyze the history of the profession, the legal and ethical responsibilities of the profession, important legislation that has impacted the profession and the practice of accounting, particularly auditing, and the current environment in which accountants and auditors work. The course will expose students to moral reasoning and ethical decision making in accounting, business, and society. Students will be encouraged to adopt the objectivity, integrity, and ethical standards necessary to serve society as an accounting professional.
ACCT 4160 Auditing
This course covers the Audit Profession and the responsibilities of the Auditor, Ethics and the role of other audit professions. It also covers the tools and techniques for conducting an audit, sampling techniques and their application, the areas to be audited and the reporting requirements after an audit is completed. Discussions are also conducted on the requirements for audits of public companies under Sarbanes-Oxley (2002), the use of technology and its impact on the audit process.
ACCT 4180 Fraud Examination
An introductory course designed for business managers and those beginning careers in accounting and auditing. The course stresses the nature of fraud, its litigation, approaches to detecting and preventing fraud, fraud inquiry methods, and reports issued by fraud examiners. Specific topics covered include: financial statement fraud, asset conversion frauds, computer frauds, and bankruptcy frauds. The course advocates a more careful and skeptical view of financial transactions and information.