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Catalog 2009-2010
Table of Contents

Accounting (BACT)
School of Business

ACCT 2103   Accounting Principles I
An introduction to the accounting process, with emphasis on identifying, recording, classifying, and interpreting transactions and other events relating to proprietorships and partnerships. Class 3.

ACCT 2113   Accounting Principles II
A continuation of BACT 2103, examining accounting procedures for corporations, financial statement analysis, and managerial uses of accounting data. Class 3. Prerequisite: BACT 2103. (Spring)

ACCT 3103   Intermediate Accounting I
A comprehensive study of the concepts, principles, and practices of modern financial accounting, with emphasis on the recognition and measurement of assets and liabilities. Class 3. Prerequisite: BACT 2103. (Fall)

ACCT 3113   Intermediate Accounting II
A continuation of BACT 3103 with emphasis on issues relating to stockholders' equity, dilutive securities, investments, and the measurement of income. Class 3. Prerequisite: BACT 3103. (Spring)

ACCT 3203   Governmental And Nonprofit Accounting
An introduction to the principles and classifications of fund accounting as recommended by the Governmental Accounting Standards Board, to include both governmental units and other nonprofit organizations. Class 3. Prerequisite: BACT 2103. (Fall, Odd years)

ACCT 3303   Cost Accounting
The concepts and purposes underlying the developing and reporting of cost accounting information are studied. Topics include job order costing, process costing, standard cost systems, and variance analysis. Class 3. Prerequisite: BACT 2113. (Fall, Odd years)

ACCT 3403   Federal Income Tax
An introduction to federal income tax laws and regulations, the determination of income tax liabilities, and the preparation of tax returns for individuals. Class 3. (Spring, Even years)

ACCT 3503   Managerial Accounting
An in-depth study of the role that accounting data plays in the decision making processes of managers of both for-profit and nonprofit entities. Class 3. Prerequisite: BACT 2113. (Fall, Even years)

ACCT 4203   Advanced Accounting
A study of accounting theory as applied to external reporting, business combinations and consolidations, partnerships, government and nonprofit entities, and fiduciaries. Class 3. Prerequisite: BACT 3113. (Spring, Even years)

ACCT 4303   International Accounting
A study of the accounting principles and procedures attendant to the globalization of business with emphasis on the current status of the internationalization of accounting and the impacts that it has on accounting practices in the U. S. Class 3. Prerequisites: At least three semesters of accounting and BACT 2103. (Spring, Odd years)

ACCT 4403   Auditing
A study of the theory of auditing, covering audit procedures, professional ethics, auditor's legal liability, evidence gathering, internal control, and audit reports. Class 3. Prerequisites: BACT 3113, and MATH 1423. (Fall, Even years)

ACCT 4413   Advanced Income Tax Accounting
Particular attention is given to income tax accounting regulations applicable to partnerships, corporations, estates, and trusts. Class 3. Prerequisite: BACT 3403. (Fall, Even years)

ACCT 4503   Accounting Systems
A study of the principles and procedures of accounting systems design and installation, with emphasis on audit technique and audit trail considerations in both manual and computer based systems. Class 3. Prerequisites: BACT 2113 and COSC 1101. (Spring, Odd years)

ACCT 4923   Accounting Internship
Supervised accounting experience in performing duties as an accounting assistant in a local business environment. Career preparation is enhanced through reviews and discussions of current accounting proposals and practices, CPA requirements, and occupational choices. Class 3. Prerequisites: BACT 2103 and consent of Instructor. (On Demand)

ACCT 4941-4994   Special Topics
A one-to-four-credit hour course to be utilized for seminars, special lectures in topics not offered in the catalog, and as a mechanism for developing new courses. Subjects offered under this number may include any area of the field of accounting. This course may be taken more than one time when the topics are different. Class 1-4. Prerequisite: Consent of Instructor.