Course Descriptions
Accounting
ACC 121 - Principles of Financial Accounting
Credit Hours: 3
An introduction to financial accounting; generally accepted accounting principles
and concepts; corporate financial statements; detailed discussion of current
and noncurrent assets and liabilities, stockholders' equity.
ACC 221 - Management Accounting
Credit Hours: 3
An introduction to the role that accounting plays in assisting
management in planning,evaluating performance and decision making. Topics
include cost-volume-profit analysisS, cost behavior, cost estimation,
relevant costs for decision making, operational budgeting, and performance
evaluation techniques.
Prerequisite(s): ACC 121
ACC 311 - Intermediate Accounting I
Credit Hours: 3
Discussions of accounting environment, process, concepts and theory. General
survey of financial statements. Specific topics covered in more
detail include accounting changes, income tax allocation, cash, investments,
receivables, inventories, and time value concepts.
Prerequisite(s): ACC 121
ACC 312 - Intermediate Accounting II
Credit Hours: 3
Continuation of ACC 311. Specific topics include plant and equipment,
intangible assets, current and contingent liabilities, bonds, earning per share,
contributed capital, and retained earnings.
Prerequisite(s): ACC 311
ACC 313 - Government Accounting
Credit Hours: 3
An introduction to the accounting principles and reporting for governmental units. Includes budgetary and financial reporting requirements of these organizations.
Prerequisite(s): ACC 121
ACC 321 - Cost Accounting
Credit Hours: 3
An introduction to cost accounting concepts and fundamentals,
emphasizing the flow of cost information through an internal accounting
system. Topics include the nature of cost accounting, its terminology,
job and process cost systems, allocation of cost, decision making tools,
and performance evaluations techniques.
Prerequisite(s): ACC 221
ACC 370-9 - Special Topics in Accounting
Credit Hours: 1-3
Individual problems, and research work.
Prerequisite(s): Permission of instructor and Dean of School of Business
ACC 413 - Intermediate Accounting III
Credit Hours: 3
Continuation of ACC 312. Topics include: revenue recognition and
accounting for income taxes, pensions, post-retirement benefits and leases
will be covered. In addition, accounting changes, the statement
of cash flow and full disclosure concepts will be covered.
Prerequisite(s): ACC 312.
ACC 415 - Advanced Accounting
Credit Hours: 3
Discussion of advanced financial accounting and reporting. Topics
include business combinations, consolidated financial statements, foreign
currency transactions, segment reporting, interim reporting, and partnerships.
Prerequisite(s): ACC 312
ACC 417 - Federal Tax Law I
Credit Hours: 3
Discussion of currently existing Internal Revenue Code
together with regulations and rulings concerning income taxation for
individuals. Brief introduction to State Income Taxes.
Prerequisite(s): ACC 121 or permission of instructor.
ACC 418 - Federal Tax Law II
Credit Hours: 3
Continuation of ACC 417. Discussion of existing Internal
Revenue Code together with regulations and rulings concerning partnerships
and corporate taxation. Introduction to estate and gift
taxes.
Prerequisite(s): ACC 417.
ACC 419 - Auditing Theory
Credit Hours: 3
Discussion of principles and techniques of auditing; internal
control, independent audit functions, auditor's opinion, standards
of reporting and professional ethics.
Prerequisite(s): ACC 312.
ACC 470-9 - Special Topics In Accounting
Credit Hours: 1-3
Individual problems and research work.
Prerequisite(s): Permission of instructor and Dean of Business
ACC 480-1 - Practicum in Accounting
Credit Hours: 3
An assignment involving practical applications of accounting theory. Students
will normally work with an accounting or business firm or with a not-for-profit
institution within the nearby tri-state area, easily accessible to students
and faculty supervisors. Offered on demand only as opportunities
are available. See Dean of Business.
ACC 497 - Seminar in Accounting
Credit Hours: 3
Discussion of contemporary accounting problems from the theoretical and pragmatic
viewpoints. Report writing and oral presentations required. For
seniors majoring in accounting.
Prerequisite(s): Senior Accounting Majors |
