ACCOUNTING (ACCT 52.03)
All Accounting 300- and 400-level courses require junior standing (excluding developmental courses).
ACCT 205. Introduction to Financial Accounting. 3-3-0. Prerequisites: Sophomore standing (completion of 30 hours of non-developmental coursework) and eligibility for MATH 106. Introduction to corporate financial accounting systems including preparing, interpreting, and using financial statements. (52.0301)
ACCT 206. Introduction to Managerial Accounting. 3-3-0. Prerequisite: ACCT 205 or permission of the department head. Introduction to managerial accounting theories, tools, and concepts. Emphasis is placed on the techniques used to provide information for management decisions. (52.0301)
ACCT 221. Intermediate Financial Accounting I. 3-3-0. Prerequisite: C or better in ACCT 205. Theory and application of generally accepted accounting principles with an emphasis on the accounting cycle and the preparation and analysis of the financial statements. (52.0301)
ACCT 306. Cost Accounting. 3-3-0. Prerequisite: C or better in ACCT 205 and completion of 30 hours of non-developmental coursework. Cost concepts, cost behavior, cost techniques, and the uses and limitations of cost data in planning and control. (52.0301)
ACCT 315. Governmental and Not for Profit Accounting. 3-3-0. Prerequisite: C or better in ACCT 221 and completion of 60 hours of non-developmental coursework. Theory and practice of budgeting, financial and managerial accounting, auditing, and reporting for governmental and non profit organizations. (52.0301)
ACCT 322. Intermediate Financial Accounting II. 3-3-0. Prerequisite: C or better in ACCT 221 and completion of 60 hours of non-developmental coursework. Continuation of ACCT 221 emphasizing accounting for the assets, liabilities, and stockholders’ equity of an entity. (52.0301)
ACCT 323. Intermediate Financial Accounting III. 3-3-0. Prerequisite: C or better in ACCT 322. Continuation of ACCT 322 emphasizing accounting for leases, pensions, income taxes, corporate equity, accounting changes, statement of cash flows, and financial disclosures. (52.0301)
ACCT 351. Accounting Information Systems. 3-3-0. Prerequisites: CIS 231 and C or better in ACCT 322. Systems concepts and their application in the design, implementation, control and audit of accounting information systems, with emphasis on the use of computers in such systems. (52.0301)
*ACCT 401. Advanced Accounting. 3-3-0. Prerequisite: C or better in ACCT 323. Basic concepts involved in such complex accounting areas as partnerships, corporate consolidations, and international activities. (52.0301)
ACCT 402. Accounting Internship. 3-0-10. Prerequisites: Junior standing and permission of the department head. Supervised practical experience in an approved private or public organization involving work relevant to accounting. Only one internship may be counted toward degree. Caution: Does not qualify as an accounting elective for CPA exam eligibility. (52.0301)
*ACCT 403. Auditing. 3-3-0. Prerequisites: C or better in ACCT 323. Auditing theory and practice; application of generally accepted auditing standards; internal controls ? their study and evaluation in EDP systems; professional ethics; audit sampling; special audit engagements; working papers and reports; the solution to auditing problems. (52.0301)
*ACCT 406. Advanced Auditing. 3-3-0. Prerequisite: C or better in ACCT 403. Advanced auditing concepts, practices, and prospective developments in professional and internal auditing. Cases and readings in application of auditing standards, procedures, professional ethics, and legal liability. Fa only. (52.0301)
ACCT 407. Income Tax Accounting. 3-3-0. Prerequisite: C or better in ACCT 205 and completion of 60 hours of non-developmental coursework. Basic structure and detailed rules of federal income tax laws as they relate to individuals. (52.0301)
*ACCT 408. Advanced Income Tax Accounting. 3-3-0. Prerequisites: C or better in ACCT 205 and ACCT 407. Basic structure and detailed rules of federal income tax laws as they relate to corporations, partnerships, gifts, estates, and trusts. (52.0301)
ACCT 500. Advanced Managerial Accounting. 3-3-0. Prerequisite: ACCT 206 or 306. Advanced study of the application of managerial accounting theories, tools, and concepts to the planning and control functions, including ethical considerations and international issues. (52.0301)
ACCT 501. Accounting Theory. 3-3-0. Prerequisite: ACCT 304, ACCT 323 or permission of department head. A study of the theoretical foundations that underlie financial reporting and authoritative pronouncements, including contemporary accounting literature and issues in accounting research. Sp- odd years only. (52.0301)
ACCT 502. Accounting and Control for Governmental and NonProfit Organizations. 3-3-0. Prerequisite: ACCT 206 or 306. The uses of financial and managerial accounting data, concepts, techniques, and procedures for planning and control in governmental and nonprofit organizations. Sp- even years only. (52.0301)
ACCT 503. Special Topics in Accounting. 3-3-0. Prerequisites: Six hours of accounting and graduate standing. A seminar course focusing on selected current issues in accounting. May be repeated for credit if content differs. Fa only. (52.0301)