Accounting

This course provides an introduction to basic accounting for non-accountants. The course will help students to gain familiarity with accounting terminology and principles. The financial accounting section of the course introduces accounting for the external reporting, and the managerial accounting section covers internal decision making. Students will gain a working knowledge of basic financial management tools including cost analysis and behavior, financial ratios, and benchmarking tools.

An introduction to financial accounting with emphasis on basic concepts and principles. Several important concepts will be studied in detail, including: revenue recognition, inventory, long-lived assets, present value, and long term liabilities. The course emphasizes the construction of the basic financial accounting statements--the income statement, balance sheet, and cash flow statement.

A continuation of the study of financial accounting as it applies to partnerships and corporations. Topics covered include long–term debt, stockholders’ equity accounting, financial statement analysis, and the statement of cash flows. Managerial accounting is introduced, with coverage of cost accounting, budgeting, cost–volume–profit analysis, and special management decisions. Prerequisite: ACCT 1341.

An examination of cost accounting principles and practices such as job order costs, process costs and standard cost controls as well as specific managerial problem areas such as budgeting, pricing policies and inventory control. Prerequisite: ACCT 1342.

A study of the federal income taxation of individuals. Includes the areas of tax law sources and administration, filing considerations, gross income, deductions and losses, tax credits and property transactions. Prerequisite: ACCT 1342.

A study of the federal income taxation of corporations, partnerships, trusts and estates. Includes the areas of corporate distributions and accumulations, S corporations and the federal estate and gift tax. Prerequisite: ACCT 3333.

An in-depth study into the area of financial statement and investment analysis. For accounting and business majors, this course is ideal for the non-accountant business person who encounters financial statements in daily business activities. Prerequisite: ACCT 1342.

A comprehensive study of accounting principles and theory aimed at a deeper understanding of the meaning and significance of business entity financial statements as they relate to accounting for assets.Prerequisite: ACCT 1342.

A comprehensive study of accounting principles and theory aimed at a deeper understanding of the meaning and significance of business entity financial statements as they relate to accounting for equities. Prerequisite: ACCT 3341.

Practicum or on–the–job experience under the guidance of practicing specialists in the field. To be supervised individually by a department faculty member with the approval of the chair. Permission of the chair or academic advisor/supervisor is required. Number of credit hours earned depends on number of hours spent on the internship site weekly. Internships may be taken only on a pass/fail basis. Maximum credit for all internships: 6 credit hours.

Student research on a selected program in the field pursued under the guidance of an assigned faculty member. Prerequisites: 50+ credit hours; appropriate business coursework (to be determined in consultation with department chair or faculty supervisor); prior written approval of chair and instructor; minimum GPA of 3.0.

Systematic analysis and discussion of selected topics of mutual interest to the professor and students. Course may be repeated for additional credits as topics vary.

Practicum or on–the–job experience under the guidance of practicing specialists in the field. To be supervised individually by a department faculty member with the approval of the chair. Permission of the chair or academic advisor/supervisor is required. Number of credit hours earned depends on number of hours spent on the internship site weekly. Internships may be taken only on a pass/fail basis. Maximum credit for all internships: 6 credit hours

Systematic analysis and discussion of selected topics of mutual interest to the professor and students. Course may be repeated for additional credits as topics vary.

An introduction to auditing and the public accounting profession. Emphasis on the study of generally accepted auditing standards and the theory of auditing and the methods and procedures used by the independent accountant to obtain the necessary evidence upon which to base an opinion regarding the fairness of presentation of the financial statements. Prerequisite: ACCT 3342

A study of the unique accounting principles and practices of governmental and nonprofit institutions. Included in the study are state and local governmental units, public schools, colleges and universities, hospitals, voluntary health and welfare organizations and other nonprofit entities. Prerequisite: ACCT 1342.

A study of accounting information systems for external reporting and management control. Attention is directed toward providing an understanding of the integration of computerization into business accounting systems. Prerequisite: ACCT 1342.

The purpose of this course is to review U.S. and international accounting aspects of multinational enterprises. Topics include guidelines for financial and other types of reporting, disclosure requirements, foreign currency translation, financial statement analysis and U.S. taxation issues.

Practicum or on-the-job experience under the guidance of practicing specialists in the field. To be supervised individually by a department faculty member with the approval of the chair. Permission of the chair or academic advisor/supervisor is required. Number of credit hours earned depends on number of hours spent on the internship site weekly. Internships may only be taken on a pass/fail basis. Maximum credit for all internships: 6 credit hours.

Student research on a selected problem in the field pursued under the guidance of an assigned member of the faculty. Prerequisite: Department Consent.

Systematic analysis and discussion of selected topics of mutual interest to the professor and students. Course may be repeated for additional credits as topics vary.

A study of fraud detection and fraud investigation techniques. Topics covered include the types of fraud schemes that affect business enterprises, the causes of fraud, the forensic accounting legal environment, lost profit analysis, evidence collection, and the fraud examination process.

The purpose of this course is to introduce the students to the basic financial statement of a business entity. The course emphasizes the understanding, interpretation, and analysis of financial reporting.

The purpose of this course is to introduce the studentto the development and preparation of financial statements. Major topics covered in this course are double-entry bookkeeping, the accounting cycle, individual assets, liabilities and equity accounts.

Practicum or on-the-job experience under the guidance of practicing specialists in the field. To be supervised individually by a department faculty member with the approval of the chair. Permission of the chair or academic advisor/supervisor is required. Number of credit hours earned depends on number of hours spent on the internship site weekly. Internships may only be taken on a pass/fail basis. Maximum credit for all internships: 6 credit hours.

The purpose of this course is to provide students with the opportunity to engage in an in-depth study in a field in which the student has a special interest and in which a faculty member is willing to supervise an extended project. The course proposal must be submitted for approval in advance and will include proposed reading, original research, and a substantial written project. Prerequisite: Approval of the Dean, Associate Dean, or Director of Graduate Programs.

The purpose of this course is to provide students with practical experience in a job related to the student’s academic and professional goals. The course is graded only on a pass/fail basis. Prerequisite: Approval of Chair of the MSA Program.

The purpose of this course is to examine how accounting information is used for management decisions. Topics covered include variable costing, job-order costing, activity-based management, cost-volume profit analysis, and budgeting.

A case study approach examining and exploring issues in accounting concepts, methods, and uses. Prerequisite: ACCT 5313.

The purpose of this course is to provide a comprehensive coverage of the accounting and reporting principles used in a variety of business entities. Topics covered include acquisitions accounted for as a purchase, computation of goodwill, special purpose entities, consolidation procedures, intercompany transactions, foreign currency transactions, derivatives and hedge accounting, segment and interim reporting, and partnership accounting. Prerequisite: Intermediate Accounting.

This course is a comprehensive and cross-functional look at the domain of accounting, with emphasis on critical thinking, research, and data analytics.

The purpose of this course is to provide an introduction to auditing and the public accounting profession. Topics include generally accepted auditing standards, audit reporting, evidence, audit objectives, audit risk, materiality, ethics, and legal liability.

An in-depth study into the area of financial statement and investment analysis.

A comprehensive study of accounting principles and theory aimed at a deeper understanding of the meaning and significance of business entity financial statements as they relate to accounting for assets. Prerequisite ACCT 1342 or equivalent.

A comprehensive study of accounting principles and theory aimed at a deeper understanding of the meaning and significance of business entity financial statements as they relate to accounting for equities.

The purpose of this course is to addresses federal income tax issues pertinent to individuals as employees, business owners, and investors. Emphasis is placed on building a broad conceptual understanding of principles that govern income and expense recognition. The course also gives consideration to primary authoritative tax literature thereby enhancing the student’s ability to conduct tax research on topics faced by individuals. Prerequisite: ACCT 5X01, ACCT 5X02 or equivalent.

The purpose of this course is to provide an introduction to governmental and non-profit accounting. Topics include the development of governmental and non-profit accounting principles, fund accounting, budgeting, and financial reporting.

The purpose of this course is to provide a comprehensive overview of the major areas of business law. Topics include general principles of contract law, negotiable instruments, partnerships, corporations, bankruptcy and securities law. Prerequisite: Graduate standing

New Course Description – The purpose of this course is to address federal income tax issues pertinent to various business entities and their owners. Consideration is given to the how federal tax law affects the formation and operation of Corporations, Partnerships, and S Corporations. Distributions to owners and the liquidation of these entities are also covered. Prerequisite: ACCT 5353 or equivalent.

The purpose of this course is to review U.S. and international accounting aspects of multinational enterprises. Topics include guidelines for financial and other types of reporting, disclosure requirements, foreign currency translation, financial statement analysis, and U.S. taxation issues.

The purpose of this course is to provide students with practical experience in a job related to the student’s academic and professional goals. The course is graded only on a pass/fail basis. Prerequisite: Approval of Chair of the MSA Program.

The purpose of this course is to provide students with the opportunity to engage in an in-depth study in a f field in which the student has a special interest and in which a faculty member is willing to supervise an extended project. The course proposal must be submitted for approval in advance and will include proposed reading, original research, and a substantial written project. Prerequisite: Approval of the Dean, Associate Dean, or Director of Graduate Programs.

The purpose of this course is to introduce the student to the study of accounting information systems with emphasis on management control and financial information needs. The course also emphasizes the integration of technology into business accounting systems.

The purpose of this course is to provide the student an opportunity to do specialized study in a current accounting topic. Topics can be selected from financial accounting, managerial accounting, auditing, or government/nonprofit accounting. Prerequisite: Approval of the Chair of the MSA Program.

The purpose of this course is to examine the methodology for resolving allegations of fraud from inception to disposition. Topics covered include the reasons and motivation behind fraudulent behavior, the need for an efficient system of internal control to detect and prevent fraud, the red flags that indicate fraud, various types of fraud, interview skills, business loss valuations, commercial damages, and court room procedures involving the accountant as an expert witness.

The purpose of this course is to gain a thorough understanding of the following concepts: ethical reasoning, integrity, objectivity, and independence. Topics include the examination of core values, professional codes of conduct for accountants, other rules governing the accounting profession, and the responsibility of the profession to the public, not limited by traditional accounting rules.