Accounting

Classes

ACC 231 : Principles of Accounting I

This course describes to the student the fundamental concepts and principles that underlie accounting information and shows how accounting data are processed for decision making.

Credits 3

Prerequisites

MAT 131, MAT 132.

ACC 232 : Principles of Accounting II

This course is a continuation of the first semester of accounting with emphasis on valuation of balance sheet items and the effect of the income statement. Partnership and corporation accounting concepts are introduced.

Credits 3

Prerequisites

ACC 231.

ACC 331 : Intermediate Accounting I

This course is an intensive study of accounting principles, developing ability to analyze accounting methods and procedures and to test their accuracy.

Credits 3

Prerequisites

ACC 231, 232 with grade C or better.

ACC 332 : Intermediate Accounting II

This course is a continuation of financial accounting theory, culminating with a review of special purpose statements.

Credits 3

Prerequisites

ACC 331 with grade C or better.

ACC 430 : Computerized Accounting

Computerized Accounting emphasizes the application of computers to sound accounting practices. Students will learn to direct the computer functions to accomplish the various steps learned in accounting principles in accordance with generally accepted procedures.

Credits 3

Prerequisites

ACC 232 with grade C or better.

ACC 434 : Income Tax Procedures

This course provides a solid understanding of basic federal income tax laws relating to individuals and an introduction to business entities. Among the topics that may be covered are an overview of tax policy; the federal tax system; identifying the proper taxpayer; determining income, deductions, credits, and compensation; deferred, and non-cash income; characterization of gains and losses; tax accounting methods; taxable entities; tax-motivated transactions; and international, state, and local tax issues.

Credits 3

Prerequisites

ACC 234 with grade C or better.

ACC 435 : Managerial Accounting

This course presents internal reporting and control of operations from management’s point of view with emphasis on product and service unit cost control.

Credits 3

Prerequisites

ACC 232 with grade C or better.

ACC 436 : Governmental Accounting

This course is an introduction to the accounting procedures associated with government appropriations and expenditures. Course also covers responsibility for funds of other non-profit institutions.

Credits 3

Prerequisites

ACC 232 with grade C or better.