2002-2003 Undergraduate Catalog Course Descriptions - Accounting

ACCT 200. A Survey of Accounting 3 cr.
Emphasis on financial statement interpretation and development of accounting information for management. For engineering, computer science, and other nonbusiness majors. Prerequisite:one C S course or consent of instructor. Branch campuses only.

ACCT 210. Financial Accounting I 3 cr.
Concepts, principles and practices of financial accounting. Determination of income and financial position is stressed. Critical analysis of balance sheet and income statement accounts. Prerequisite: ACCT 202 or consent of instructor. Branch campuses only.

ACCT 211. Financial Accounting II 3 cr.
Continuation of ACCT 210. Prerequisite: ACCT 210. Branch campuses only.

ACCT 251. Management Accounting 3 cr.
Development and use of accounting information for management decision making.

ACCT 252. Financial Accounting 3 cr.
Interpretation and use of financial accounting information for making financing, investing, and operating decisions. Prerequisite: ACCT 251 or consent of instructor.

ACCT 301. Financial Accounting I 3 cr.
Concepts, principles, and practices of financial accounting, stressing the determination of income and financial position. Prerequisite: C or better in ACCT 252.

ACCT 302. Financial Accounting II 3 cr.
A continuation of ACCT 301. Prerequisite: ACCT 301.

ACCT 303. Financial Accounting III 3 cr.
A continuation of ACCT 301-302. Prerequisite: ACCT 301.

ACCT 305G. Accountability for Quality in Organizations 3 cr.
Study of quality related issues: quality and productivity; quality measurement, improvement, and cost information. Focus on commerce, health care, government services, and education.

ACCT 353. Cost Accounting 3 cr.
The development and use of cost accounting information for inventory valuation, income determination, and cost control. Prerequisite: ACCT 252.

ACCT 356. Federal Taxes and Business Decisions 3 cr.
The relationship of federal taxes to common decisions affecting businesses and business owners. Not open to accounting majors for degree credit. Prerequisite: ACCT 252.

ACCT 365. International Accounting 3 cr.
Examination of international standards and practices that have resulted from differing economic, social, political, and legal environments. Prerequisite: ACCT 252 or consent of instructor.

ACCT 403. Federal Taxation I 3 cr.
Basic federal income tax laws; emphasis on determination of taxable income of individuals. Prerequisite: ACCT 252 and BCS 338.

ACCT 451. Auditing Theory and Practices 3 cr.
Auditing standards, audit evidence, auditors' reports and opinions, and professional responsibilities. Prerequisites: ACCT 302 and BCS 338, or consent of instructor.

ACCT 452. Accounting Systems 3 cr.
Covers accounting information systems as processors of data for financial reporting and control of economic organizations. Prerequisites: BUSA 362 or concurrent enrollment and BCS 322 or BCS 338.

ACCT 454. Accounting Theory 3 cr.
Contemporary theoretical basis of accounting. Historical background and current issues. Prerequisite: ACCT 302 or consent of instructor.

ACCT 455. Federal Taxation II 3 cr.
Federal income tax laws applicable to partnerships, corporations, fiduciaries, tax research, tax planning. Prerequisite: ACCT 403 or consent of instructor.

ACCT 456. Accounting for Nonprofit Organizations (f) 3 cr.
Control and reporting problems unique to governmental units and other nonprofit organizations. Fund accounting principles, procedures, and reports. Prerequisite: ACCT 301 or consent of instructor.

ACCT 457. Mergers, Acquisitions, and Partnerships 3 cr.
Consolidated financial statements, accounting for partnership formation and liquidation. Prerequisite: ACCT 302 or consent of instructor.

ACCT 458. Accounting for Decision Making and Control 3 cr.
Accounting concepts and quantitative methods for developing, analyzing, and interpreting information for management's use in decision making. Prerequisites: ACCT 353 and BCS 338.

ACCT 490. Selected Topics 1-3 cr.
Current topics in accounting. Prerequisites vary according to the seminar offered.

ACCT 498. Independent Study 1-3 cr.
Individual studies directed by consenting faculty with the prior approval of the department head. Prerequisites: junior or senior standing and consent of instructor. A maximum of 3 credits may be earned.