08 - 09 Undergraduate Catalog | Accounting Courses

DESCRIPTION:	Financial and managerial accounting principles. Basic accounting statements, processes, and management applications. Open to all students.
NOTE:	Independent Study also.

ACC 201 : Principles of Financial Accounting. (3:3:1)(Credit Hours:Lecture Hours:Lab Hours)

DESCRIPTION:	First course in concepts and methods underlying financial statements.
NOTE:	Independent Study only.

ACC 202 : Principles of Managerial Accounting. (3:3:1)(Credit Hours:Lecture Hours:Lab Hours)

OFFERED:	Independent Study only.
PREREQUISITE:	Acc 201.
DESCRIPTION:	Second course in the elementary series covering managerial problems and control of business operations.

PREREQUISITE:	Acc 200.
DESCRIPTION:	Additional issues in financial and managerial accounting. Review of issues related to balance sheet accounts, performance evaluation and capital budgeting.
NOTE:	For Marriott School of Management students only.

OFFERED:	F, W, Sp, Su
PREREQUISITE:	Marriott School of Management major status.
DESCRIPTION:	Introduction to legal principles and institutions affecting business.

PREREQUISITE:	Acc 241 or equivalent.
DESCRIPTION:	The law relating to negotiable instruments, secured transactions, real property, wills and trusts, and bankruptcy.

ACC 401 : Business and Accounting Information Systems. (4:4:0)(Credit Hours:Lecture Hours:Lab Hours)

PREREQUISITE:	Admission to SOA.
DESCRIPTION:	Inputs, processing, outputs, and files of several transaction-processing subsystems. Foundation for understanding internal control. Variety of tools used to design, create, or document accounting information systems (AIS) to achieve organizational objectives.

PREREQUISITE:	Admission to SOA.
DESCRIPTION:	Cost and managerial accounting topics, including production processes, product costing, cost behavior analysis with regression, differential costing, capital budgeting, throughput accounting, performance measurement, and budgeting.

ACC 403 : Intermediate Financial Accounting 1. (4:4:0)(Credit Hours:Lecture Hours:Lab Hours)

PREREQUISITE:	Admission to SOA.
DESCRIPTION:	Financial reporting issues for balance sheet, income statement, and cash-flow statement. Revenue recognition, accounting for long-term assets, investment securities, and derivative instruments; consolidation.

PREREQUISITE:	Admission to SOA.
DESCRIPTION:	Accounting for receivables and inventory. Major reporting issues associated with liabilities and stockholder's equity. Introduction to computing basic and diluted earnings per share.

PREREQUISITE:	Admission to SOA.
DESCRIPTION:	Tax principles applicable to business entities and individuals; tax compliance issues; tax planning as part of overall strategic planning process for businesses and individuals.

PREREQUISITE:	Admission to SOA.
DESCRIPTION:	Introduction to framework providing financial statement assurance; integrating accounting and business knowledge with concepts from other disciplines such as statistics and law; framework applied to major business cycles, providing specific knowledge in financial statement auditing.

PREREQUISITE:	Acc 200, 210, Bus M 301.
DESCRIPTION:	Accounting principles of corporate financial reporting. Judgments managers make preparing financial statement information. How complexities, alternatives, and impacts affect completed financial statements.
NOTE:	For nonaccounting majors.

ACC 453 : Money, the Financial System, and the Economy. (3:3:0)(Credit Hours:Lecture Hours:Lab Hours)

PREREQUISITE:	Acc 401, 402, 403, 404, 405, 406.
DESCRIPTION:	Applications of industry analysis and microeconomic principles in the macroeconomic environment that influences individuals and financial intermediaries that transact in money and credit markets.

Undergraduate Catalog