Accounting Courses: Fall 2023



Accounting

ACC 225: Financial Accounting

3 Credit Hour(s)

Fulfills core competency: Critical Thinking and Problem Solving. Fundamentals of financial accounting including assets, liabilities, equity, revenue, expenses will be covered as well as financial reporting and accounting theory. The accounting cycle with emphasis on transaction analysis, accruals, annual closing, and creation of financial statements for service, merchandising, and manufacturing operations will be studied. Problems supplement the theory, principles and management applications. Accounting majors must earn a minimum of a C grade. If they do not earn the required final grade, they will be allowed to repeat the course only once to earn the minimum grade . Pre-req: MTH 124 or equivalent. (UG)


ACC 226: Managerial Accounting

3 Credit Hour(s)

A continuation of ACC 225 with emphasis on the expansion and advanced application of the accounting model to corporations. In addition, there is an introduction to the use of accounting information and financial analysis in management decision-making settings. Problems supplement the theory, principles, and management application. Accounting majors must earn a minimum of a C grade. If they do not earn the required final grade, they will be allowed to repeat the course only once to earn the minimum grade . Prerequisite: ACC 225 minimum grade of C or better required. (UG)


ACC 311: Intermediate Accounting I

3 Credit Hour(s)

Study of generally accepted accounting principles, emphasizing financial statement presentation and an in-depth study of accounting for current and long-term assets as well as related revenues, expenses, reserves, and allowances. Accounting majors must earn a minimum of a C grade. If they do not earn the required final grade, they will be allowed to repeat the course only once to earn the minimum grade . Prerequisite: ACC 226. (UG)


ACC 312: Intermediate Accounting II

3 Credit Hour(s)

A continuation of ACC 311, focusing on liabilities, stockholder's equity, earnings per share, derivatives, and analytical procedures. Theoretical discussion of generally accepted accounting principles. Accounting majors must earn a minimum of a C grade. If they do not earn the required final grade, they will be allowed to repeat the course only once to earn the minimum grade . Prerequisite: ACC 311. (UG)


ACC 315: Cost Accounting

3 Credit Hour(s)

Analysis of costs and their use in the managerial functions of an enterprise. Topics include principles of cost accounting for inventory valuation and income determination, standard costs and budgets. Accounting majors must earn a minimum of a C grade. If they do not earn the required final grade, they will be allowed to repeat the course only once to earn the minimum grade. Prerequisite: ACC 226. (UG)


ACC 318: Income Tax Theory

3 Credit Hour(s)

This course focuses on the responsibilities and skills required of professional accountants in the preparation of tax returns for individuals and provides primary content for the professional accounting component of the degree program. Coursework also addresses ethics, finance, economics, computer information systems, and the legal environment of business. Accounting majors must earn a minimum of a C grade. If they do not earn the required final grade, they will be allowed to repeat the course only once to earn the minimum grade . Prerequisite: ACC 226. (UG)


ACC 360: Nonprofit Accounting

3 Credit Hour(s)

Nonprofit accounting involves the study of specialized accounting principles used by a wide range of organizations including hospitals, governmental units such as school districts and agencies, cultural and charitable organizations, colleges and universities, as well as other non-profits. (UG)


ACC 415: Advanced Accounting Problems

3 Credit Hour(s)

Advanced approach to generally accepted accounting principles applied to business activities. Problem-solving techniques and discussions of opinions of the Financial Accounting Standards Board as they relate to advanced topics such as mergers, acquisitions, minority interests, intercompany transactions, consolidated financial reporting, and other topical matters. Accounting majors must earn a minimum of a C grade. If they do not earn the required final grade, they will be allowed to repeat the course only once to earn the minimum grade . Prerequisites: ACC 312. (UG)


ACC 420: Auditing

3 Credit Hour(s)

This course focuses on the responsibilities of professional accountants and related audit objectives and methologies in the conduct of independent audits and provides primary content (Generally Accepted Auditing Standards (GAAS) and Public Company Accounting Oversight Board (PCAOB)) for the professional accounting component of the degree program. Coursework also addresses ethics, finance, business statistics in auditing, economics, computer information systems, and the legal environment of business. Accounting majors must earn a minimum of a C grade. If they do not earn the required final grade, they will be allowed to repeat the course only once to earn the minimum grade. Prerequisite: ACC 312. (UG)


ACC 430: Forensic Investigations

3 Credit Hour(s)

Application of theory is an important aspect of forensic accounting. In this course, a number of case studies will be analyzed that require the application of skills learned in ACC 325 Introduction to Forensic Accounting and MIS 428 Forensic Accounting Data Analysis Techniques. The topics of these case studies will include what is commonly referred to as the fraud tree: asset misappropriation, corruption schemes, financial statement fraud schemes and other fraud schemes. Accounting majors must earn a minimum of a C grade. If they do not earn the required final grade, they will be allowed to repeat the course only once to earn the minimum grade . Prerequisite: ACC 325. (UG)


ACC 490: Accounting Theory and Professional Ethics

3 Credit Hour(s)

Fulfills core competency: Information Literacy. Fulfills Research and Presentation requirement. Writing Intensive. This is the capstone course for the Accounting curriculum. This course integrates the practical applications and theoretical concepts covered in previous accounting courses with ethical issues facing the profession. Class discussions, textbook reading, outside reading, projects, case studies, and other educational experiences will be used to explore this complex area of study. This class provides a fundamental study and critical evaluation of 'business ethics' in light of recent developments in the accounting profession. Professional, analytical writing constitutes a major element of this course. Accounting majors must earn a minimum of a C grade. If they do not earn the required final grade, they will be allowed to repeat the course only once to earn the minimum grade. Prerequisites: ACC 312. (UG)


ACC 618: Advanced Taxation

3 Credit Hour(s)

This course focuses on the basic principles of federal income taxation of corporations, partnerships, trusts, gifts, and estates. It reinforces the use of tax research tools, and provides an overview of administrative and procedural aspects of tax practice. Accounting Majors must earn a minimum of a C grade. If they do not earn the required final grade, they will be allowed to repeat the course only once to earn the minimum grade. Prerequisites: ACC 318. (GR)


ACC 620: Advanced Auditing

3 Credit Hour(s)

An advanced study of auditing standards, principles, theory, and practice. Current trends in auditing and assurance services will be emphasized. The class offers an in-depth examination of advanced audit concepts, auditor legal liability, ethics, audit procedures, statistical sampling, and audit research using electronic databases and the Internet. The class will also be focused on the Information Technology Audit function, the use of technology in audits, and hands-on completion of audit workpapers. Accounting Majors must earn a minimum of a C grade. If they do not earn the required final grade, they will be allowed to repeat the course only once to earn the minimum grade . Prerequisites: ACC 420 (GR)


ACC 630: Global Financial Reporting and Statement Analysis

3 Credit Hour(s)

This course presents a five step framework for effective financial statement analysis. It begins with an understanding of the industry economic characteristics and current conditions of the firm's businesses and the particular strategies the firm selects to compete in each of these businesses. It then assesses how well the firm's financial statements reflect the economic effects of the firm's decisions and actions. With the use of financial statement ratios and other analytical tools, it assesses the profitability and risk of the firm in the recent past and, by incorporating information about expected changes, forecasts expected profitability and risk. Finally, the analyst values the firm using various valuation tools and models. The framework will be applied to both domestic and international companies. Accounting Majors must earn a minimum of a C grade. If they do not earn the required final grade, they will be allowed to repeat the course only once to earn the minimum grade. (GR)


ACC 650: Graduate Seminar in Accounting

3 Credit Hour(s)

Graduate Seminar in Accounting Description: Students will explore advanced topics in financial accounting and tax, as well as current issues in the field of accounting and their impact on society and the profession. Students will research topics and present for discussion in a seminar format. In addition, students will prepare a culminating project and presentation on a current issue in accounting. Prerequisite: Graduate status. Permission of Instructor required. (GR) (GR)



Finance

FIN 300: Investment Markets

3 Credit Hour(s)

This course will present students with real world exposure to investing in 3 major markets; the stock market; the real estate markets, and the franchise market. Students will learn about wise investment strategies by participating in a stock market simulation, developing a real estate investment plan and identifying a franchise opportunity that aligns with their interest and values. Guest speakers from these industries will enhance the instructor's presentation with real world examples and experiences. Prerequisite: ECO 202. (UG)


FIN 325: Corporate Finance

3 Credit Hour(s)

This course focuses on the principles of managing finance in all forms of corporate entities, emphasizing value creation by financial managers. Specific topics include an overview of the financial system, the determinants of firm value, securities' markets and valuation, the value of the firm, and investment decisions. In addition, coursework addresses ethics, accounting, business statistics, economics, computer information systems, and legal environment of business components of the common professional business core. Prerequisite: ACC 226. (UG)


FIN 328: Investments

3 Credit Hour(s)

A study of investment principles, including the determination of objectives and a constructive approach to the attainment of these objectives. Securities markets, real estate, banking and insurance form the nucleus of the course. Prerequisite: ACC 226. (UG)


FIN 409: Money and Banking

3 Credit Hour(s)

Cross-listed as ECO 409. Nature of money, development of the American monetary system, role of the banking system in creating the nation's money supply and structure and functions of the Federal Reserve System as the principal agency for monetary control. Prerequisites: ECO 202. (UG)


FIN 601: Global Monetary System and Capital Markets

3 Credit Hour(s)

This course is devoted to in-depth discussion and practical application of business finance as practiced in a borderless world. The major topics covered include the international monetary system, the balance of payments, foreign exchange, the management of foreign exchange risk, the role of banks in international finance, and a discussion and analysis of the non-bank financial institutions and international financial markets that represent an inventory of financial resources for the global company. (GR)



Management - Quantitative

MGQ 221: Business Statistics I

3 Credit Hour(s)

Fulfills Quantitative Literacy requirement. An introductory business statistics course that focuses on data collection, presentation, and analysis. Topics covered include descriptive and inferential statistics with exploratory data analysis, probability distributions, sampling distributions, and confidence intervals hypothesis testing and linear regression. A microcomputer package will be used for analyzing selected data sets. Prerequisite: MTH 97 (or adequate competence as determined by mathematics placement). (UG)


MGQ 310: Project Management

3 Credit Hour(s)

This course provides studnets with fundamental techniques and principles related to project management, following the national standards for project management. This course encompasses the study of project management, paying particular attention to the ten knowledge areas: initiation, scope, schedule, cost quality, resources communications, risk, procurement, and stakeholder management as they relate to the five process groups of initiating, planning, exectution, monitoring and controlling, and closing of projects. Examples and student initiated projects and project simulations are utilized to emphasize the integrated relationships. Through the merger of technical skills, general management skills, and project management skills for successful project completion is emphasized. The content of this course includes and extends the body of knowledge elements required for completion of the Certified Associate in Project Management Institute (PMI). For further information, see: https://www.pmi.org. Prerequisites: MGT 208, MGQ 221. (UG)


MGQ 360: Production and Operations Management

3 Credit Hour(s)

An introduction to the design, planning, and control of systems that create goods and services. Topics include Total Quality Management, Just-in-Time, capacity planning, scheduling, facility layout, project management, and inventory management. Prerequisites: MGQ 221. (UG)


MGQ 427: Managerial Decision Making

3 Credit Hour(s)

An introduction to some of the important models and problem-solving techniques used in business decision-making. Topics include Business Analytics, linear programming, and excel solver; transportation, HR, inventory, forecasting, pricing, break-even and financial decision models. Concepts are applied to develop and evaluate alternate solutions to business problems and to support business decisions.Prerequisites: MGQ 221 and ACC226 (UG)



Management Information Systems

MIS 280: Computer Studies and Problem Solving

3 Credit Hour(s)

Fulfills core competency: Critical Thinking and Problem Solving. This is an intensive introductory computer course for majors in the Accounting and Business programs. Topics include the fundamentals of information processing including computer hardware concepts, operating systems, program management, electronic spreadsheets, and word processing. Emphasis is placed on analysis of business problems using PC software. (UG)


MIS 295: Accounting Information System

3 Credit Hour(s)

Accounting information systems are a subsystem of management information systems that processes financial transactions. It is more about critical thinking and judgment rather than journal entries. Its purpose is to provide internal reporting to managers for use in planning and controlling current and future operations and for non-routine decision making. It also impacts external reporting to outside parties such as to stockholders, creditors, and government agencies. In addition, students will become proficient in the use of advanced EXCEL techniques and become familiar with XBRL and Quickbooks. Prerequisites: ACC 225 and MIS 280. (UG)