AC 210
Principles of Accounting I (3)
Introductory accounting theory and principles, including coverage of the complete accounting cycle, internal control and the beginning of detailed study of assets, liability, and equity accounts.
Also included is the study of the balance sheet, income statement and other financial reports.
Computer literacy required.
Prerequisites: BU 125, MC 109
AC 211
Principles of Accounting II (3)
Continuation of AC 210, including study of corporations, stockholders' equity, business income taxes, and analysis of financial statements.
Overview of managerial accounting, which includes cost accounting, budgeting, and differential accounting.
Computer literacy required.
Prerequisite: AC 210
AC 315
Intermediate Accounting I (3)
Theoretical foundations of accounting, intensive study of concepts and application in accounting for cash investments, receivables, inventories, operational and intangible assets, liabilities and owners' equity.
Prerequisite: AC 211
AC 316
Intermediate Accounting II (3)
Continuation of Intermediate Accounting I, including intensive study of leases, pensions, accounting changes and corrections, price level changes, statement of cash flows, and financial statement analysis.
Also, an introduction to accounting information systems, basic concepts and applications.
Prerequisite: AC 315
AC 325
Cost Accounting (3)
Cost behavior analysis, budgeting, cost-volume-profit analysis, standard costs for control and product costing, alternative product costing methods, variance analysis and systems choice.
Prerequisite: AC 211
AC 345
Tax Accounting (3)
A practical and theoretical introduction to the study of federal taxes on income with emphasis on the preparation of income tax returns for individuals and corporations.
Topics covered include the concept of income as it relates to taxation, capital gains and losses, basis for determining gains or losses, sales and exchanges, deductible expenses, tax credits, and special situations.
Prerequisite: AC 211
AC 415
Auditing (3)
The study of audit objectives, principles, standards, and procedures for conducting an examination of the financial statements and related accounting records of a business enterprise.
Prerequisites: AC 316, MA 119
AC 420
Advanced Financial Accounting (3)
Contemporary accounting theory and practice for business combinations and consolidations, corporate reorganization and liquidation, governmental and fund accounting, and ethics.
Prerequisite: AC 316
AC 288, 488
Special Topics (3, 3)
A study of selected accounting topics.
Prerequisite: AC 211
AC 461, 462
Independent Study (1-3, 1-3)
Directed study of a special topic or area.
Approval of department chair required.
AC 475
Academic Internship 1-3 )
An off-campus learning experience to provide the student with the opportunity to relate academic and educational goals to learning experiences and situations beyond the limits ofthe classroom.
