Accounting

Courses

AC 220: Principles of Accounting I

Credits 3

This course presents fundamental accounting concepts, theories, and procedures. Both accounting principles and practice are emphasized so that students can obtain an understanding of the sources of financial information and the uses of such information. Lab required. Lab fee applies

AC 221: Principles of Accounting II

Credits 3

AC 325: Intermediate Accounting I

Credits 3

Further in-depth analysis and discussion of intermediate financial accounting theories, concepts, and procedures. Emphasis is also placed on recent developments in accounting evaluation and reporting practices. The course material is preparatory for the CPA examination. Lab required. Lab fee applies.

AC 326: Intermediate Accounting II

Credits 3

AC 330: Managerial Accounting

Credits 3

This course is designed to show students how accounting can help to solve problems that confront those who are directly responsible for the management of an enterprise. Students learn to interpret and apply accounting data in planning and controlling business activity. Lab required. Lab fee applies.

AC 341: Cost Accounting

Credits 3

Emphasis is placed on the determination and control of costs. Students learn to assemble and interpret cost data for the use of management in controlling current operations and planning for the future. The course presents the theory and practice for job order, process, and standard cost systems.

AC 350: Federal Taxation I

Credits 3

This course is an analysis of the federal income tax law as it applies to individuals and a survey of the law applicable to new regulations, cases, and tax issues.

AC 351: Corporate Taxation

Credits 3

This course is an analysis of partnership and corporate tax laws and an introduction to tax research and planning as a means of gaining an understanding of the role of tax practitioner.

AC 380: Accounting Information Systems

Credits 3

Students learn about the accounting system as an information system. Computer-related issues and controls are identified, discussed, and integrated in the overall discussion of accounting concepts, principles, and controls.

AC 420: Governmental and Non-Profit Accounting

Credits 3

A thorough study of the accounting principles and practices involved in budgeting, recording, and reporting for state and local governments, hospitals, colleges/universities, and voluntary and welfare organizations.

AC 421: Advanced Accounting

Credits 3

Emphasizes financial accounting concepts utilized in business combinations, the preparation of consolidated financial statements, accounting for investments, branch accounting, segments and interim reporting, foreign transactions, corporate reorganizations and liquidations, and consignment transactions. Accounting for partnerships is also covered.

AC 431: Auditing I

Credits 3

The purpose of this course is to help the student to understand the auditing part of the work of the public accountant, and to help him/her apply the methods and procedures followed in conducting an audit for a small or medium-sized concern. The procedures for the effective auditing of cash, receivables, inventories, other assets, liabilities, and proprietorship are studied with an above-average degree of care. The procedures to be followed in carrying out detailed audit systems are also considered in the course.

AC 432: Auditing II

Credits 3

An advanced study of auditing theory and practice, with emphasis given to the function of detecting and preventing fraud.

AC 451: CPA Review

Credits 3

This is an elective course. Intensive practice in the application of accounting theory to problems of the caliber contained in CPA examinations.