B.S. in Accounting

Provides a comprehensive presentation of financial accounting principles and practices. Emphasis is placed on the preparation of financial statements, the basic framework and contents of these reports, and the preparation process.

Managerial decisions on prices, resource allocation, capital investment, and the functional areas of a business (marketing, production, purchasing, and finance) that work interdependently to achieve profit. Prerequisite: ACCT 205.

Examination of financial accounting concepts, theories and practices to include the following topics: cash and receivables, inventory valuation and credit policy, fixed assets, and revenue and expense recognition. Prerequisite: ACCT 211.

Continuation of Intermediate Accounting I, studies the advance concepts and practices associated with liabilities and stockholders’ equity, earnings per share, income tax allocation, financial statements reporting and financial statement analysis. Prerequisite: ACCT 215.

Examines how accounting information systems function in today’s business environment. The course design emphasizes the internal control features necessary to produce accurate and reliable accounting data as well as the steps necessary to properly record, summarize and report accounting information in both manual and computerized systems. Prerequisite: ACCT 211.

Examines financial auditing and other assurance services performed by accountants. Topics include: auditing standards, legal liability, internal control, sampling theory, auditing procedures for revenues and expenditures, the nature of evidence, and auditing techniques necessary for an independent auditor. Prerequisite: ACCT 211.

An examination of the federal income tax law and its application to individuals. Topics include: an understanding of gross income, deductions, gains and losses, laws and procedures that apply to federal income taxation of individuals and individually taxed business entities. Prerequisite: ACCT 211.

Studies costing, pricing, planning, and motivation. Topics include: cost accumulation, cost allocation, standard costs, product pricing, variance analysis, budgeting, transfer pricing, performance measurements, and short-term decision making. Prerequisite: ACCT 211.

Surveys accounting standards, regulations and practices for governmental and not-for-profit organizations. Prerequisite: ACCT 211.

Expanded study of federal tax laws affecting the various corporate entities, partnerships, estates, and trusts. Topics include: an understanding of laws and procedures that apply to federal income taxation of partnerships, S-corporations, and C-corporations, other corporate structures and tax preparation. Prerequisite: ACCT 340.

Focuses on the investigation, detection, documentation, and prevention of accounting frauds, stock frauds, and employee theft and embezzlement. The course will educate students on how to investigate and recognize fraud within an organization and how to implement the latest techniques for controlling it. Prerequisite: ACCT 330.

Explores the financial function of the commercial enterprise including topics on working capital management, procurement of resources from financial markets, and financial decision making in the firm. Prerequisite: ECON 120 or ECON 260.

Examines statistical theories, principles and concepts associated with business operations and processes. The course utilizes statistical methods and techniques to develop, implement and analyze business decisions designed to improve efficiency and productivity. Prerequisite: MATH 102 or 211 or equivalent.

Examines the current and emerging legal principles that impact business transactions, topics include contracts, business organizations and structure, sale of goods, commercial paper, personal and real estate property, intellectual property and international business law.

Examines the process of selecting, designing, implementing and evaluating technology to meet mission critical requirements while maintaining competitive advantages, increase efficiency and minimizing costs.