Courses in Accounting

B Acc 211 Financial Accounting (3)
Basic principles of accounting theory and practice, nature of assets and equity; income measurement and statement preparation. Not open to freshmen. Intended accounting majors are encouraged to enroll in B Acc 211 in the first semester of their sophomore year. Offered fall semester only.

B Acc 222 Accounting Systems for Managerial Decisions (3)
Emphasizes the uses of accounting data by management. Budgeting, cost concepts and analysis, cost-volume-profit relationships, and funds flow analysis. Prerequisite(s): B Acc 211. Offered spring semester only.

B Acc 311 Financial Accounting Theory I (3)
Examination of the general theory and concepts of accounting and the generally accepted accounting principles as applied to assets. Includes a study of the environment of accounting, the relationships between asset valuation and income determination with emphasis on alternative capital maintenance concepts, asset valuation and revenue recognition basis. Prerequisite(s): B Acc 222.

B Acc 312 Financial Accounting Theory II (3)
Examination of generally accepted accounting principles as applied to liabilities. Topics include leases, pensions, tax allocation, troubled debt, restructuring, current and long-term liabilities. Emphasizes the official financial accounting pronouncements. Prerequisite(s): B Acc 311. Offered spring semester and summer session only.

B Acc 331 Cost Management Systems (3)
Cost accounting theory and practice including job order, process, and standard cost systems. Joint and by-product costing. Prerequisite(s): B Acc 222, B Msi 215, or A Csi 101N or 201N, and B Msi 220 or A Mat 108. Offered spring semester and summer session only.

B Acc 381 Financial Information Systems (3)
Analyzing, designing, implementing, and evaluating computer-based and non-computer- based financial information systems. Blending and combining accounting, computers, information, management and organization, and the systems approach to a unified body of knowledge and practice. Prerequisite(s): B Acc 222 and B Msi 215 or equivalent. Offered fall semester only.

B Acc 411 Financial Accounting Theory III (3)
Examination of generally accepted accounting principles as applied to entities and in respect to financial reporting disclosures. Topics include consolidations, earnings per share, interim and segmented financial statements. Emphasizes the official financial accounting pronouncements. Prerequisite(s): B Acc 312. Offered fall semester only.

B Acc 422 Statistical Applications in Accounting and Auditing (3)
Application of statistical methods to selected topics in managerial and cost accounting. Introduction to statistical audit sampling techniques. The microcomputer will be used extensively in the applications. Prerequisite(s): B Msi 220; corequisites: B Acc 311 and 331. Offered fall semester only.

B Acc 441 Income Tax Accounting I (3)
Concepts of taxation and of taxable income. Interpretation and application of present tax laws as they pertain to taxpayers. Tax savings and planning. Prerequisite(s): B Acc 211 and senior standing.

B Acc 442 Income Tax Accounting II (3)
Theory and practice of taxation as applied to partnership, corporate entities, and fiduciaries. Prerequisite(s): B Acc 441.

B Acc 461Z Auditing (3)
General Education: WI
Fundamental analysis of auditing and its contribution to financial reporting, with primary emphasis upon the independent public accountant's attest function. Application of audit tools; i.e., systems flowcharting, statistical sampling, and EDP, integrated with the coverage of audit working papers. Analyzes problems of legal liability. Prerequisite(s): B Acc 311 & 381.

B Acc 495Q Independent Study in Accounting (3)
Individual study plan in a selected area as approved by the instructor and the department chair in conference with the student. Written and oral progress reports required. Prerequisite(s): Open only to qualified senior accounting students in the School of Business. May not be repeated for credit. An application must be filed through the Office of Student Services in BA 361A. S/U graded.

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