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Catalog 2013-2014
Table of Contents

Accounting (ACCT)
School of Business

ACCT 2103   Principles of Financial Accounting
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   Principles of Managerial Accounting
A continuation of ACCT 2103, examining accounting procedures for corporations, financial statement analysis, and managerial uses of accounting data. Class 3. Prerequisite: ACCT 2103.

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: ACCT 2103. (Fall)

ACCT 3113   Intermediate Accounting II
A continuation of ACCT 3103 with emphasis on issues relating to stockholders' equity, dilutive securities, investments, and the measurement of income. Class 3. Prerequisite: ACCT 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: ACCT 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: ACCT 2113. (Fall, Even 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. (Fall, Odd years)

ACCT 3503   Advanced 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: ACCT 2113. (Spring, Odd 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: ACCT 3103. (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: ACCT 2103 and ACCT 2113. (Spring, Even 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: ACCT 3103 and MATH 1423. (Fall, Odd years)

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

ACCT 4423   Accounting Ethics
A study of ethical reasoning and professional responsibility in the accounting profession. Students will study the meaning of integrity, objectivity and independence as defined by the American Institute of CPAs. Class 3. Prerequisite: ACCT 3103. (Spring, 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. Prerequisite: ACCT 2103. (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: Twelve hours of upper level accounting courses 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.