2024-2025 Undergraduate General Catalog

ACCT - Accounting

ACCT 207 Understanding the Numbers

 An accounting course that takes an end-user perspective on accounting. Topics include reading and interpreting financial statements, break-even analysis, budgeting, invesntory models and using financial ratios to make business decisions. The course will include essential financial and managerial concepts needed in the business world and is designed for students who may take management roles in their respective fields or open their own businesses.

Credits

3

Offered

Every Fall

ACCT 210 Principles of Accounting I

This course will set the foundation for the understanding of a business’s financial statements. It will focus on accounting procedures and principles used by corporations. Topics covered will include the accounting cycle and corresponding journal entries, inventory methods, the four basic financial statements, and other foundational topics.

Credits

3

Offered

Every Fall and Spring in person, Summer online

ACCT 211 Principles of Accounting II

A first course in managerial accounting with a focus on internal accounting reports and their use in making business decisions. Topics covered will include job and process costing, break-even point analysis, overhead allocation, and budget creation and analysis.

Credits

3

Prerequisites

ACCT 210

Offered

Every Fall and Spring in person, Summer online

ACCT 296 Curricular Practical Training

Students on an F-1 visa are eligible to work off campus to provide additional experience so long as the employment relates directly to the student's major area of study. The practical experience gained outside the traditional classroom supplements the theoretical and/or applied knowledge as a part of the student's coursework. The registration process for this course must be completed every term (including summers), as students must have their work authorization reissued each term to ensure continued enrollment. Jobs must be approved and verified by the International Programs Office before work may begin.

Credits

0

ACCT 297 Topics:

Special Topics in Accounting.

Credits

3

ACCT 322 Intermediate Accounting I

An expanded study of the financial statements and the further development of accounting principles and procedures relating to cash, accounts and notes receivable, inventories, tangible fixed assets, and the time value of money.

Credits

3

Prerequisites

ACCT 211

Offered

Every Fall

ACCT 324 Intermediate Accounting II

Continuation of the Intermediate Accounting I course with further development of accounting principles and procedures relating to intangible assets, current liabilities and contingencies, long-term liabilities and stockholder’s equity

Credits

2

Prerequisites

ACCT 322

Offered

Every Interim

ACCT 326 Intermediate Accounting III

Continuation of the Intermediate Accounting II course which covers in-depth financial accounting concepts including dilutive securities, investments, revenue recognition, pensions, leases, and income taxes. Course ends with an expanded study of the cash flow statement.

Credits

3

Prerequisites

ACCT 324

Offered

Every Spring

ACCT 344 Income Tax

A study of federal income taxation with a focus on the individual. Analysis and completion of federal tax forms and the basis of tax planning will be main points of the course. Topics covered will include the determination of taxable income, application of various deductions and credits, retirement options, home ownership and other various individual taxation topics.

Credits

3

Prerequisites

ACCT 211

Offered

Every Spring

ACCT 347 Cost Accounting

An advanced managerial accounting course that includes analyzing business decisions and the accounting reports that support those decisions. Topics covered include cost allocation, job and process costing, activity based costing, variance analysis, cost volume profit analysis and other various cost accounting topics.

Credits

3

Prerequisites

ACCT 211

Offered

Every Fall

ACCT 349 Auditing

This course will introduce students to the procedures and standards of public accountants in the auditing profession. Emphasis will be on engagement planning and audit evidence, audit risk model and inherent risk, risk assessment and design of substantive testing, concepts of internal control, and analyzing public and private company audit reports. Data analytics are also incorporated through the use of current real-world software.

Credits

3

Prerequisites

ACCT 326

Offered

Even year Fall

ACCT 382 Business Ethics (E)

Introduction of moral development theories and models of moral decision making and application of these models in management decision making through case studies.

Credits

3

Cross Listed Courses

BSAD 382

Offered

Every Fall and Spring

ACCT 397 Topics:

Special Topics in Accounting.

Credits

3

Offered

Every other Spring, even years

ACCT 399 Independent Study

This course is intended to provide the student with the opportunity to pursue elective independent study. This course is not a "W" course and it may not be used to fulfill the departmental requirements for graduation.

Credits

3

Prerequisites

Permission of the Instructor

ACCT 495 Accounting Internship (W)

This internship provides an opportunity for students to participate in a learning experience away from the traditional classroom. Students will be placed with local organizations so they may participate in the managerial and financial reporting processes. Students will observe and apply the concepts and theories learned in the classroom. The student will be under the direct supervision of the cooperating organization and progress will be monitored by the School’s internship coordinator. Additional fees may apply.

Credits

4

Prerequisites

Permission of Internship Coordinator

Offered

Every semester

ACCT 496 Elective Accounting Internship

This internship offering is intended to provide the student with the opportunity to pursue an elective internship. This internship is not a 'W' course and it may not be used to fulfill the School requirements for graduation. Additional Fees may apply.

Credits

2- 4

Prerequisites

Permission of Internship Coordinator

Offered

Every semester