Course Descriptions: Bachelor of Science in Accounting

Suggested Prerequisite Courses:

CMP106 Computer End User: This is part one of two introductory courses designed to allow students to explore the basic concepts of physical science. Students will be introduced to the history and nature of science. The course includes an introduction to the fundamental concepts of physics, chemistry, astronomy and earth science.

MAT110 College Mathematics I: Topics include absolute value equations and inequalities; solving systems of linear equations using determinants; review of rational exponents, radical expressions and complex numbers; quadratic equations and inequalities; solving equations reducible to quadratic form; quadratic, exponential and logarithmic functions and applications; graphs of functions; algebra of functions; inverse functions; conic sections; nonlinear systems of equations and inequalities; right triangle trigonometry; trigonometric functions and the unit circle. MAT120 is not open to students with credit in MAT140 or higher.

MAT111 College Mathematics II: Topics include polynomial, rational, exponential, logarithmic, and trigonometric functions and their inverses. This course is generally taken in preparation for Calculus but may be taken by other students who desire a more in-depth study of mathematics. MAT140 is not open for credit to students who have credit in MAT201 or higher.

Required Courses:

ACC281 Introduction to Financial Accounting: Provides an introduction to generally accepted accounting principles used to classify, value, and record assets, liabilities, stockholder equity, revenues and expenses. Preparation, interpretation and analysis of financial statements are discussed. Also, the importance of accounting information for interested parties outside the enterprise is addressed. Ethical codes and professional conduct of accountants are examined.

ACC282 Introduction to Managerial Accounting: Provides an introduction to accounting information used by business managers to make short- and long-term decisions. Topics include cost accumulation and product costing, cost/volume/profit analysis, budgeting, standard costing and variance analysis, job order and process costing, activity-based costing, and capital budgeting.

ACC283 Introduction to Accounting Systems and Software: This course introduces computer applications related to accounting systems. Topics include general ledger; accounts receivable; accounts payable; inventory; payroll; and correcting, adjusting, and closing entries. Upon completion, students should be able to use a computer accounting package to solve accounting problems.

ACC385 Intermediate Accounting I: An examination of the theoretical, conceptual, and procedural aspects of generally accepted principles as related to assets. Topics include the measurement, recording, and reporting of assets, the time valuation of money, the accounting cycle, and preparation of general purpose financial statements.

ACC386 Intermediate Accounting II:  An examination of the theoretical, conceptual, and procedural aspects of generally accepted principles as related to long-term investments, liabilities, and stockholder equity. Topics include long-term investments, bonds and notes payable, stockholder equity issues, earnings per share, leases, pensions, and deferred taxes. Revenue recognition and the Statement of Cash Flows are also covered.

ACC388 Cost Accounting: Focuses on the internal accounting problems of business dealing with cost behavior, cost accounting systems, budgeting, and performance measurement. Includes topics such as cost-volume-profit analysis, variance analysis, standard costing procedures, and managerial decision analysis.

ACC485 Federal Income Tax I: An introduction to the US Federal system of income taxation. Emphasis is on understanding conceptual basis of taxation and tax treatment of common transactions, including items of income, exclusion, deduction, and credit. Property transactions and tax research are introduced. In addition, the use of software to prepare tax returns is addressed.

ACC486 Advanced Accounting I: Examines accounting and reporting for partnerships, branch operations, consolidated financial statements, and multi-national corporations. 3 Cr.

ACC487 Auditing: An introductory course in Auditing examining the theory, concepts, principles and procedures under generally accepted auditing standards for external auditors (CPAs). Topics include evidence, internal control, audit risk, statistical sampling, test of controls and substantive tests. The Professional Code of Conduct and legal liability are also discussed with emphasis on ethical conduct of auditors.

ACC488 Federal Income Tax II: Examines the Federal income taxation of property transactions, corporations, shareholders, partnerships, and partners. Topics include tax effects of entity formation, operations, distributions, and liquidations. The emphasis is on distinctions among the types of business entities. An introduction to Federal estate and gift taxation is also provided. In addition, the use of tax software to prepare tax returns and online tax research are addressed.

ACC489 Accounting for Not-for-Profit Entities: Examines the unique accounting characteristics of governmental and not-for-profit entities. Course content includes a basic knowledge of funds and fund accounting as well as theory and procedures from the latest GASB Statements, including how accounting for funds will change with the implementation of GASB #34. Students are introduced to the basic accounting procedures relating to various funds, legally required budgetary accounts, financial statement preparation, proper footnote disclosure, and other reporting issues.

ACC490 Advanced Accounting II: This course continues ACC486 Advanced Accounting I concepts and includes an emphasis on accounting for government entities. Additional key concepts are covered in preparation for the Certified Public Accounting (CPA) exam.

BUS325 Principles of Finance: Provides a foundation in corporate financial decision-making. Covers the corporate environment, time value of money, risk and return, diversification, market efficiency, and valuation. Applies these concepts to financial analysis and planning, capital budgeting and financing.

BUS335 Principles of Marketing: Examines the business function that identifies current unfilled needs and wants, defines and measures their magnitudes, determines which target markets the organization can best serve, and decides upon appropriate products, services, and programs to serve these markets. Topics include product development and test-marketing, product planning and new product introduction, and methods of product promotion and service marketing.

BUS345 International Business Environment: Analyzes the international business environment by examining political economy, trade, financial investment, multinational corporations, multilateral institutions and global business strategy.

BUS366 Organizational Behavior: Examines the interaction of individual characteristics and behavior within an organizational setting highlighting theories and practices that facilitate individual and organizational success. Includes topics such as fundamental management principles, human motivation, leadership, group dynamics, and communications, and organizational development, organizational culture, and workplace diversity, cross-cultural and global issues.

BUS375 Business Law I: Provides a basic knowledge of the legal environment of business, including, but not limited to, the judicial system, criminal law, torts, and contracts.

BUS478 Business, Government, and Society: Investigates the market and nonmarket business environments to develop the student’s ability to critically analyze commercial, social, and ethical situations from the perspectives of different organizational stakeholders. Topics include ethics, globalization, and public policy and employee rights.

BUS490 Strategic Management: Capstone project in which students analyze real-world data, solve complex business problems, and analyze business case studies. Research, analysis, and presentation are an integral part of this course.

CMP206 Business Computing: Students will learn to utilize technology successfully in the workplace and to meet the contemporary expectations of employers. Includes topics word processing, operating systems, spreadsheets, office presentation, network applications, and databases.

ECN201 Principles of Economics (Micro): Covers issues of scarcity and choice; determination of prices, demand and supply, production, cost, behavior of the firm, and the role of government.

ECN202 Principles of Economics (Macro): Covers topics of the aggregate economy, including the determination of output, inflation, unemployment, interest rates, government debt, and international trade. Also covers monetary and fiscal policies used to control macroeconomic problems.

ECN204 Business Statistics I: Introduction to statistical analysis for business and economic decisions. Topics include descriptive statistics, probability theory, random variables, expected values, sampling distributions, and statistical inference to include estimation and hypothesis testing.

ECN205 Business Statistics I: Continued coverage of statistical analysis for economic and business decisions. Topics include hypothesis testing, analysis of variance, multiple regression analysis, and non-parametric statistics.

(reference: Many of the above course numbers and descriptions were copied directly from