ACC 121 (4-0-4)
This course introduces current procedures of financial accounting and Generally Accepted Accounting Principles (GAAP). The course emphasizes the analysis of business transactions and the study of the accounting cycle. Topical areas in the course include accrual-based accounting concepts, internal controls; financial statement preparation; and accounting elements of a corporate business entity. An Excel-based software is utilized to practice and complete many of the problems. Ethical accounting standards are embedded throughout the course materials.
ACC 122 (4-0-4)
This course introduces current managerial accounting concepts, theories and practices
applicable to manufacturing, retail and service industries. Job order, process cost
and activity-based cost systems are introduced. Topics include budgeting, profit analysis,
product pricing and reporting concerns of decentralized operations. Students utilize
an Excel-based software system to practice and complete many of the problems. Ethical
issues are discussed throughout the course.
PR: ACC 121
ACC 205 (3-0-3)
Computer Applications in Accounting
This course provides a hands-on introduction to computerized account principles using Excel and QuickBooks. This class provides knowledge on how to set up a business entity’s accounting system. Topics include recording financial transactions in a journal, developing financial statements and reports, creating and analyzing accounts receivable and accounts payable aging reports, creating invoices, recording adjusting entries, developing budgets, developing a payroll schedule and recording payroll tax journal entries, creating depreciation schedules for fixed assets, analyzing bond interest amortization, and conducting a present value analysis. PR: ACC 121
ACC 222 (3-0-3)
Intermediate Accounting I
This course gives intensive consideration to financial accounting theory and the current
application of Generally Accepted Accounting Principles (GAAP). A significant amount
of time is devoted to financial statement preparation and presentation. Emphasis is
placed on the balance sheet and its various accounts. Topics covered include the accounting
cycle, measurement of income, acquisition and disposal of assets, and the time value
PR: ACC 122
ACC 225 (3-0-3)
Income Tax Accounting
This course introduces the current income tax law and tax regulations for individuals and certain business entities. Specific tax situations are presented and analyzed in accordance with the taxation rules set forth by the Internal Revenue Code and other primary tax sources such as case law. Topics include an examination of what constitutes income, acceptable deductions, analysis of property transactions, alternative minimum taxation, and recent legislation. Individual tax forms are prepared.
ACC 226 (4-0-4)
Intermediate Accounting II
This course is a continuation of the study of financial accounting theory and practice.
Specific accounts are examined including current and contingent liabilities, bonds,
notes, corporate income taxes, leases, capital stock, pensions, and retaining earnings.
Preparation of financial statements in accordance with Generally Accepted Accounting
Principles (GAAP) and International Financial Reporting Standards (IFRS) are also
covered. Financial statement analysis, revenue recognition rules, and accounting changes,
and other topics are addressed. Excel- based web software systems re utilized in and
outside of the classroom to complete assignments.
PR: ACC 222
ACC 240 (3-0-3)
This introductory internal auditing course examines the fundamental internal audit
concepts followed by an illustration of how to conduct internal audit engagements.
Topics covered include an examination of governance concepts, risk management, internal
control, the procedures used by internal auditors, the assurance engagement, methods
used to communicate the results, and procedures for following up. The course examines
internal auditing within a computerized environment.
PR: ACC 121
ACC 246 (3-0-3)
This course is an introduction to auditing for accounting students who have not had
experience in auditing. The primary emphasis is on the auditor’s decision- making
process. Included are concepts in auditing related to determining the nature and amount
of evidence the auditor should accumulate, the objectives to be accomplished in a
given audit area, the circumstances of the engagement, and the decisions to be made
to determine the appropriate evidence to gather and how to evaluate the evidence obtained.
Ethical conduct and legal liability of auditors are also covered along with auditing
within a computerized environment.
PR: ACC 122
ACC 250 (0-9-3)
This course provides an opportunity to explore and gain experience in a career area
related to accounting. Textbook theory and classroom experience is enhanced while
working in a supervised professional setting. The field study will incorporate accounting
or accounting related assignments. All field work will be supplemented by scheduled
meetings with the instructor. The course requires the completion of 120 hours of fieldwork.
Grading is on a pass/fail basis.
PR: Accounting or Business major, completion of 30 credit hours, completion of ACC 122, minimum overall GPA of 2.5, and permission of the Division.