Accounting Course Offerings

Accounting course offerings will be found under the 4 letter code of ACCT in the course listings.  

These courses do not apply toward the Business Administration major.  See the Business Administration Course Descriptions for the accounting courses that apply toward the B.S. degree in Business Administration.

301 – Intermediate Accounting I (3)

Prerequisite: ACCT 201 or equivalent. This course is a review of basic accounting concepts followed by an examination of the accounting process emphasizing financial statement presentation and theory. Current assets and liabilities are studied in depth, drawing heavily on Financial Accounting Standards along with SEC rules and concept releases.

302 – Intermediate Accounting II (3)

Prerequisite: ACCT 301 or equivalent. This course continues the examination of accounting processes with an emphasis on non-current assets and liabilities, including pensions and other employee compensation issues, leases, and debt financing. This study focuses on Financial Accounting Standards along with SEC rules and concept releases.

303 – Business Law for Accountants (3)

This is an in-depth study of business law issues for accountants. Topics covered are sales and lease contracts, negotiable instruments, creditors’ rights and bankruptcy, agency and employment law, business organizations, and government regulation. Ethics are incorporated into every aspect of this course. (Credit is not given for both BPST 314 and ACCT 303.)

304 – Cost Accounting (3)

Prerequisite: ACCT 201 or equivalent. This is a study of cost accounting principles and procedures. The focus is on cost behavior, standard costing, activity-based costing, flexible budgeting, cost allocation, performance measurement, and analysis for decision making and control.

305 – Intermediate Accounting III (3)

Prerequisite: ACCT 302 or equivalent. This course continues the examination of accounting processes looking in depth at equity accounts of corporations. It also includes accounting for income taxes, comprehensive income, derivatives, contingencies, business segments, and accounting changes and error correction. This study focuses on Financial Accounting Standards along with SEC rules and concept releases.

450 – Forensic Accounting (3)

Prerequisites: ACCT 302 and 460 or equivalents. This is a survey course which emphasizes the conduct of fraud examinations, including specific procedures used in forensic accounting examinations. It also examines the role of strong internal controls in fraud prevention and  detection and looks at financial statement fraud when there is management override of internal controls. Also the course covers detection, investigation, and prevention of fraud against corporations.

460 – Auditing (3)

Prerequisites: ACCT 302 or equivalent and BPST 316 or equivalent. Recommended prerequisite: ACCT 305. This course covers generally accepted auditing standards as they apply to the study of audit preparation and procedures, creating working papers, and audit write-up. The course also covers internal and external audit procedures and a comprehensive study of professional auditing ethics and professional responsibilities. (Credit is not granted for both ACCT 460 and ACCT 560 or MBUS 560.)

461 – Advanced Accounting (3)

Prerequisite: ACCT 305 or equivalent. This course applies financial accounting principles to the preparation of consolidated financial statements, segment disclosures, foreign currency adjustments and translations,  partnership accounting, reorganizations and liquidations, and mergers and acquisitions. (Credit is not granted for both ACCT 461 and ACCT 561 or MBUS 561.)

465 – Governmental and Nonprofit Accounting (3)

Prerequisite: ACCT 305. This is a study of nonprofit organizations emphasizing accounting for governments, hospitals, universities, and other nonprofit entities. It covers principles of fund accounting, financial reporting, budgeting, and auditing governmental and nonprofit organizations. (Credit is not granted for both ACCT 465 and ACCT 565 or MBUS 565.)

499 – Internship (1-6)

Internships offer students opportunities to experience various fields of employment while working with a variety of organizations on important and challenging projects. These experiences augment classroom learning while allowing on-the-job training.