• Department of Accounting,  Business Administration, and Economics

  • Accounting Courses

    ACC 204

    INTRODUCTORY ACCOUNTING I is an introduction to the accounting processof analyzing, recording, summarizing, and reporting of financial data to provideinformation useful in the decision-making process. Topics of study include the basicaccounting equation, the accounting cycle, the design and preparation of books ofaccounts, and the development of a set of simple financial statements, accounting forreceivables and payables, inventory, and tangible operating assets. 

    3 credit hours

    ACC 205


    continues the focus on the accounting forproprietorships while introducing both partnerships and the corporate form oforganization. Topics include the formation of the corporate organization, accounting forshareholders capital, including common and preferred stocks, and dividenddetermination and distributions including cash and stock dividends. Further topicsinclude the preparation and analysis of the statement of cash flow, and the accountingissues relevant to partnerships. Prerequisite: ACC 204 

    3 credit hours

    ACC 300

    ACCOUNTING INFORMATION SYSTEMS examines the role of the accountinginformation system as a component of management information systems. Text andlecture material covering data processing, the flow of information in major transactioncycles, internal Accounting and data processing controls, functions of database files inthe accounting process, and technological advances in accounting provide the studentwith an in-depth understanding of the financial processing that occurs within theaccounting environment. Prerequisites: ACC 204-205

    3 credit hours

    ACC 301

    COST ACCOUNTING presents a detailed exposure to the principles of costAccounting for products and services. The course focuses on the accountant’s role in theorganization, cost concepts and classification, traditional cost Accounting methods, aswell as contemporary tools such as activity-based costing and just-in-time inventorymethods. The fundamentals of overhead application, job order costing, and processcosting are examined, as well as joint production and by-product costing and allocationof support department costs. Prerequisites: ACC 204-205

    3 credit hours

    ACC 302*

    AUDITING develops an understanding of the role of auditor in the financialreporting process. The course focuses on the philosophy and methodology of theauditing process as well as the “hands on” preparation of audit work papers. Auditprograms, audit testing, internal control evaluation, sampling, ethics, and legal liabilitiesare discussed within the framework of the Statements on Auditing Standards.Prerequisite: ACC 300

    3 credit hours

    ACC 303*

    ADVANCED COST ACCOUNTING further develops the portfolio of decision-making tools available to the cost accountant, including cost-volume-profit analysis, theactivity resource usage model and relevant costing, and capital investment analysis.Budgeting, standard costing, strategic cost management, life-cycle cost management,and quality costing are also examined. Prerequisite: ACC 301 

    3 credit hours

    ACC 304

    INTERMEDIATE ACCOUNTING I develops the underlying accounting theoriesthat are the logical basis for preparing meaningful financial statements. Topics includethe conceptual framework of accounting theory as it relates to the nature, composition,and valuation of assets, liabilities, and equities. Other topics include the determinationof revenue and expense, and financial statement reporting and disclosure. Prerequisites: ACC 204-205 

    4 credit hours

    ACC 305

    INTERMEDIATE ACCOUNTING II continues and enhances the theoreticalconsiderations and practical applications introduced in ACC 304. This course expoundsupon such topics as the corporate form of business organization, stock transactionsaffecting the organization, accounting for long-term debt issues, stock option incentiveplans, earnings per share, employer pension plans, operating and capital leases,Accounting for income taxes, and cash flow preparation and analysis. Prerequisite: ACC 304 

    4 credit hours

    ACC 400

    INTERNSHIP is a work-experience opportunity with the purpose of expandingeducation by applying accumulated knowledge in accounting. The availability ofinternships is limited to upper-level students, normally juniors and seniors with a 3.0quality point average. Students are approved individually by the academic department.A contract can be obtained from the Career Services Office. Internships count as generalelectives. Prerequisite: Accounting senior standing and permission of the chair. 

    1–6 credit hours
    Internships must be preapproved.

    ACC 403

    ADVANCED ACCOUNTING I emphasizes consolidation of parent and subsidiary financial statements. Detailed topics include inter-company transactions such as the sale of inventory, operating assets, bonds/notes payable, and leases. Additional topics include changes in the controlling interests and indirect and mutual holdings. Special emphasis is placed on the working paper techniques involved.
    Prerequisites: ACC 304-305    
    3 credit hours

    ACC 404

    ADVANCED ACCOUNTING II includes the study of various special topics suchas partnership Accounting, foreign exchange and the multi-national enterprise,insolvency, estate and trust accounting, and other current accounting topics.Prerequisite: ACC 403 

    3 credit hours

    ACC 407*

    FEDERAL INCOME TAX I provides an understanding of the basic philosophy oftaxation, including its uses as a political and economic tool. The course focuses primarilyon individual taxation including the determination of gross, adjusted, and taxableincome; and deductions, credits, and the calculation of various individual taxes.Prerequisites: ACC 204-205 

    3 credit hours

    ACC 408*

    FEDERAL INCOME TAX II provides an understanding of special topics inindividual taxation, as well as the taxation of corporations, partnerships, S-Corporations,estates, and trusts. The course also introduces tax research methodology using bothprinted and electronic media. Prerequisite: ACC 407 

    3 credit hours

    ACC 409

    MANAGERIAL ACCOUNTING is a study of techniques involved in the gathering,recording, and interpretation of Accounting and statistical data used in the solution ofinternal management problems. The use of cost data and the interpretation of costreports, measurement of managerial control, establishment of operating and financialstandards, and construction, analysis, and interpretations of reports are analyzed.Prerequisites: ACC 204-205 Cross-listed with BUS 409 

    3 credit hours

    ACC 434

    THESIS requires the accounting major to develop and produce a paper on atopic within the student’s area of interest. This is required of all seniors majoring inaccounting and written under the guidance of the accounting faculty. 

    1 credit hour

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