1995-1996 Undergraduate Catalog

Course Descriptions - Accounting		 NMSU
acct
ACCOUNTING
Department of Accounting and Business Computer Systems
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 computer science course or consent of instructor.
ACCT 201. Fundamentals of Accounting I 3 cr.
Financial accounting procedures, concepts, and reports for sole proprietorships.
ACCT 202. Fundamentals of Accounting II 3 cr.
Financial accounting for partnerships and corporations, an introduction to managerial accounting concepts and techniques. Prerequisite: ACCT 201.
ACCT 301. Financial Accounting I 3 cr.
Concepts, principles, and practices of financial accounting, stressing the determination of income and financial position. Prerequisite: ACCT 202.
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 350. Managerial Accounting 3 cr.
Accounting information in the managerial process. Not open to accounting majors. Prerequisite: ACCT 202 or consent of instructor.
ACCT 353. Cost Accounting 3 cr.
The development and use of cost accounting information for inventory valuation, income determination, and cost control. Prerequisite: ACCT 202.
ACCT 354. 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 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 202.
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 202 or consent of instructor.
ACCT 401. Consolidations and Partnerships 3 cr.
Consolidated financial statements, accounting for partnership formation and liquidation. Prerequisite: ACCT 302 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 202 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 or ACCT 505 and BCS 338.
ACCT 452. Accounting Systems 3 cr.
Accounting information systems as processors of data for financial reporting and control of economic organizations. Prerequisites: ACCT 301 or ACCT 350 or ACCT 353 and BCS 338 or BCS 350 or consent of instructor.
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 490. Selected Topics 1-3 cr.
Current topics in accounting. Prerequisites vary according to the seminar being 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.

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Last modified: Sun Feb 4 15:55:17 1996
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