ACCT 211 — Fraud Examination II: Forensic and Investigative Accounting (3) Topics include discussion of laws related to ﬁnancial crimes, techniques used in solving ﬁnancial crimes, a review of interviewing, rules of evidence, sources of information, forensic accounting procedures, including a discussion of electronic crimes and the cybercriminal. Also included are special techniques used in litigation support including the computation of monetary damages and business valuations. A practical exercise involving business valuations will be included to facilitate the understanding of the topics discussed. Prerequisite: ACCT 210.
MSB 110 — Introduction to Financial Reporting (3)
A survey of the ﬁnancial accounting concepts and procedures used as applied to service and trading business with an emphasis upon the uses and interpretation of ﬁnancial statements.
MSB 120 — Introduction to Management Control and Planning (3)
An introduction to the role of accounting information in the measurement of business and employee performance, and to facilitate planning decisions such as product and service selection, budgeting, investments, and proﬁt measurement. Prerequisite: MSB 110.
ACCT 115 — Introduction to Financial Accounting II (3)
Further develops the accounting cycle; recording, summarizing, interpreting ﬁnancial data for partnerships and corporations, including cash ﬂows, long-term liabilities, plant assets, and payroll accounting. Course also presents the conceptual framework of accounting, accounting environment, information systems, and the presentation of formal ﬁnancial statements. Prerequisite: MSB 110. Students must also register for ACCT 115L - Financial Accounting II Lab.
ACCT 115L — Financial Accounting II Lab (1)
This course requires students to complete the accounting cycle and prepare solutions to accounting problems utilizing computer applications. A practice set and general ledger and/or spreadsheet computerized accounting are required. One hour lab per week in addition to the class time required in ACCT 115.
ACCT 210 — Fraud Examination I: Forensic and Investigative Accounting (3)
Topics include discussion of criminal statues related to ﬁnancial crimes, techniques used in solving ﬁnancial crimes, interviewing, rules of evidence, sources of information, forensic accounting procedures, and current issues in ﬁnancial investigations. Practical exercises involving interviewing techniques and an indirect method of proof used in resolving a ﬁnancial crime will be included to facilitate the understanding of the topics discussed. Prerequisite: MSB 110.
ACCT 230 — Tax Accounting (3)
Taxes and their impact on decision-making. Tax principles will be applied to cases involving individuals, corporations, and partnerships. Prerequisite: MSB 120.
ACCT 301 — Intermediate Accounting I (3)
The ﬁrst upper-level course in a comprehensive sequence in ﬁnancial accounting with an emphasis upon the study of the generally accepted accounting principles underlying ﬁnancial statements. These topics are discussed in the context of professional standards, ethical values, and fundamental accounting concepts. A thorough study of the balance sheet components, such as cash, receivables, inventories, operational assets, and liabilities, and stockholder’s equity. In addition, concepts fundamental to accounting are analyzed, with special attention given to revenue recognition. Prerequisites: ACCT 115 and MSB 110 (A student must have earned a minimum 2.0 G.P.A. in each course.).
ACCT 302 — Intermediate Accounting II (3)
Focus on the formation and ﬁnancial operations of the corporation. Debt and equity transactions such as those encompassing investments in securities, leases, derivatives, deferred income taxes, and pension plans are examined in detail. The reporting function of the corporation as interim and segment reports are reviewed. Prerequisite: ACCT 301.
ACCT 310 — Advanced Accounting (3)
Topics include accounting for business combinations, segment reporting, and ﬁnancial reporting by multinational companies, including approaches to foreign currency translation. Complex problems of the partnership and accounting for a non-proﬁt organization will be included. Prerequisite: ACCT 301.
ACCT 340 — Advanced Managerial Accounting (3)
A study of the broad range of cost and advanced managerial accounting concepts. Topics include the measurement and accumulations of costs, including direct and indirect costs, costs allocation procedures, cost volume relationships, and the application of overhead. The controls in applying cost accounting to the design of the information system, inclusive of the ﬂexible budgets, responsibility accounting, proﬁt center analysis and standard costs will be studied. How cost accounting assists in decision making and planning for capital budgeting and inventory planning will be considered. Prerequisites: MSB 110 and 120.
ACCT 410 — Auditing (3)
A study of the contributions of the independent accountant or the internal auditor to the reliability of ﬁnancial and other data. Topics include generally accepted auditing standards, professional ethics, accountants’ legal responsibilities, internal control, and the auditor’s reports, utilizing the computer to audit, auditing computerized systems, and statistical sampling. Prerequisites: ACCT 301.
ACCT 440 — Accounting Information Systems (3)
This course provides the accounting major with a systems perspective applied to traditional and current accounting topics. Topical coverage includes accounting systems concepts and tools, the structure of internal control in a computerized environment, computer auditing and the cycle of transaction processing. Prerequisites: CIS 110 and ACCT 302.
ACCT 460 — Advanced Federal Taxation (3)
A study of federal taxation involving partnerships, corporations and estates, and trusts. Problem solving, planning, and research will be emphasized. Prerequisite: ACCT 230.
ACCT 470 — Accounting Policy & Professional Responsibility (3)
This course will familiarize the accounting major with the GAAP Standard Setting process and function of the Financial Accounting Standards Board (FASB) and The Securities and Exchange Commission (SEC). It will also integrate professional responsibility of the accountant through case study analysis of ethical issues. Prerequisite: ACCT 410.
ACCT 480 — CPA Review (3)
A study of pronouncements of the CPA Review, including the Financial Accounting Standards Board and the Securities and Exchange Commission, as well as a review of theories and problems of accounting as related to the CPA examination. Recommended elective for second semester junior and senior accounting majors. Prerequisites: ACCT 310, 340, 460.
ACCT 490 — Independent Study in Accounting (3)
Advanced projects in a specialized area of Accounting under the supervision of a faculty member in the Accounting Department. Senior status required. Open to juniors and seniors only with permission of the Department Chairperson.
ACCT 498 — Topics (3)
Topics selected from contemporary accounting issues which may be offered from time to time to meet the need of the students. Prerequisites may be required based upon the content of the course.
ACCT 499 — Accounting Internship (1-6)
A work experience meeting time requirements for the credits earned within a recognized accounting ﬁrm or industry setting. Selection determined by academic background and interviews, with Department Chairperson’s approval required in writing prior to the work experience. Open to Accounting majors only.