Accounting

Course Code	ACCT 190  Credits 1-3
Title	Topics in Accounting
Course Outline	Course Outline
Description	This course may be repeated since content may vary.

Course Code	ACCT 230  Credits 3
Title	Principles of Accounting I
Course Outline	Course Outline
Description	From a user's perspective, an introduction to the content and concepts underlying the three basic financial statements prepared by management for use by investors and creditors. Includes financial statement analysis.

Course Code	ACCT 231  Credits 3
Title	Principles of Accounting II
Prerequisite	ACCT 230
Course Outline	Course Outline
Description	An introduction to the content and concepts of financial information for management's use in directing operations. Topics include cost behavior, product costing, actual and standard costs, cost-volume-profit analysis, relevant costs, operational and capital budgeting, and present value analysis.

Course Code	ACCT 280  Credits 3
Title	Legal Environment of Business
Course Outline	Course Outline
Description	Introduction to the American legal system, legal and regulatory environment of business, ethics and social responsibility, contracts, agency, and business organizations.

Course Code	ACCT 290  Credits 1-4
Title	Topics in Accounting
Course Outline	Course Outline
Description	This is a topical course and may be repeated when the topic changes.

Course Code	ACCT 306  Credits 3
Title	Contracts and Business Entities
Prerequisite	ACCT 280
Course Outline	Course Outline
Description	Study of contracts, agency, business organizations (including all forms of partnerships, corporations and limited liability companies), and securities regulation.

Course Code	ACCT 321  Credits 3
Title	Employment Law
Course Outline	Course Outline
Description	An exploration of the legal nature of the employment relationship including contract and liability issues and major stages of the employment relationship, including hiring, evaluation and termination. Coverage includes antidiscrimination law and the Family and Medical Leave Act. Same as POL 321.

Course Code	ACCT 330  Credits 3
Title	Intermediate Accounting I
Prerequisite	ACCT 231
Course Outline	Course Outline
Description	Review of the accounting process and basic financial statements. Analysis of conceptual framework, working capital and fixed assets. Research using the Financial Accounting Research System (FARS). May be taken concurrently with Acct 375 or Mgmt 370.

Course Code	ACCT 331  Credits 3
Title	Intermediate Accounting II
Prerequisite	ACCT 330
Course Outline	Course Outline
Description	Valuation and reporting of investments, liabilities, leases, inventory issues, and property, plant and equipment issues. Continues development of research skills using FARS.

Course Code	ACCT 332  Credits 3
Title	Intermediate Accounting III
Prerequisite	ACCT 331
Course Outline	Course Outline
Description	This third course in the intermediate sequence covers the topics of accounting for income taxes, pensions and other post-retirement benefits, shareholders' equity, share-based compensation and earnings per share, and the statement of cash flows. Students will also conduct FASB research using the Financial Accounting Standards Board online codification database.

Course Code	ACCT 350  Credits 3
Title	Cost Accounting
Prerequisite	ACCT 231
Course Outline	Course Outline
Description	Emphasis on costing systems, including job order and process costing, joint and operation costing, ABC, variable costing and standard costing with variance analysis.

Course Code	ACCT 375  Credits 3
Title	Accounting Systems
Prerequisite	CSIS 104
Course Outline	Course Outline
Description	Developing, organizing, and using accounting data in a computerized environment; emphasis on accounting applications using computerized spreadsheets, databases, and general ledger software.

Course Code	ACCT 390  Credits 1-3
Title	Topics in Accounting
Course Outline	Course Outline
Description	This course may be repeated since content may vary.

Course Code	ACCT 407  Credits 3
Title	Commercial Transactions, Property and Special Topics
Prerequisite	ACCT 280
Course Outline	Course Outline
Description	Detailed study of Uniform Commercial Code (sales contracts, commercial paper and secured transactions), creditors' remedies, bankruptcy, property (real, personal and intellectual), bailments, trusts and estates, insurance law and professional responsibilities.

Course Code	ACCT 430  Credits 3
Title	Advanced Accounting
Prerequisite	ACCT 331
Course Outline	Course Outline
Description	Study of consolidations, partnerships, and other advanced topics. Continues development of research skills using FARS.

Course Code	ACCT 432  Credits 3
Title	Advanced Accounting II
Prerequisite	ACCT 331
Course Outline	Course Outline
Description	This course presents various advanced topics in accounting. Topics may include: foreign currency transactions, translation of foreign currency financial statements, International Accounting standards, Accounting for liquidation, accounting for estates and trusts, and accounting for governmental and nonprofit entities. Course coverage may be modified to reflect current issues in the accounting area.

Course Code	ACCT 441  Credits 3
Title	Tax Accounting I
Prerequisite	ACCT 231
Course Outline	Course Outline
Description	Outline of federal tax system. Introduction to concepts of gross income, exclusions, deductions, alternative minimum tax, tax credits, tax payment procedures, property transactions, accounting periods, accounting methods, deferred compensation, corporations and partnerships.

Course Code	ACCT 443  Credits 3
Title	Tax Accounting II
Prerequisite	ACCT 441
Course Outline	Course Outline
Description	Advanced topics in taxation, including income tax planning and income tax return preparation for corporations, S corporations, partnerships, limited liability companies, exempt entities, estates and trusts.

Course Code	ACCT 446  Credits 3
Title	Estate, Gift and Trust Taxation
Prerequisite	ACCT 340
Course Outline	Course Outline
Description	Federal estate and gift tax; income taxation of estates and trusts; fundamentals of estate planning. Same as PARA 446.

Course Code	ACCT 460  Credits 3
Title	Audit I
Prerequisite	ACCT 330
Course Outline	Course Outline
Writing Intensive	Yes
Description	Coverage includes the theory of auditing, generally accepted auditing standards, audit reports, quality control, ethical decisions, accountants' liability, fraud detection, audit objectives and procedures, management assertions, audit planning analytical review, risk analysis, internal control evaluation, and tests of controls.