ACCT 0111 - ACCOUNTING PRINCIPLES 1

3 credits

An introduction to the accounting functions used by businesses to accumulate, use, and analyze financial data. Emphasis is placed on the preparation, use, and interpretation of financial statements. There are no prerequisites for this course.  Frequency of Offering:  fall and spring term.

ACCT 0112 - ACCOUNTING PRINCIPLES 2

3 credits

Deals with the significance and use of basic accounting concepts as they relate to the principal items contained in financial statements. Includes an introductory survey of the various cost components encountered in accounting for the manufacturing enterprise. Prerequisite: ACCT 0111.  Frequency of Offering:  fall and spring term.

ACCT 0221 - INTERMEDIATE ACCOUNTING 1

3 credits

Blends the theory and current practice of financial accounting for the business enterprise. Emphasis is placed on current accounting theory, valuation of assets and liabilities, and the impact of private, professional, and governmental agencies on financial accounting. Prerequisite: ACCT 0112.  Frequency of Offering:  annually.

ACCT 0222 - INTERMEDIATE ACCOUNTING 2

3 credits

A continuation of ACCT 0221 which covers such topics as accounting theory related to the liability and stockholders equity sections of the balance sheet, the cash flow statement, and earnings per share computations. Prerequisite: ACCT 0221.  Frequency of Offering:  annually.

ACCT 1155 - GOVERNMENT AND NONPROFIT ACCOUNTING

3 credits

Application of the financial accounting and reporting standards applicable to (1) federal, state, and local governments and (2) nonprofit organizations.  Introduction and analysis of the identification and classification of financial statement accounts.  Identifies the authoritative sources that accountants as well as auditors must adhere to in the preparation and examination of the financial statements of these entities.  Prerequisite:  Permission of the instructor.  Frequency of Offering:  every other year.

ACCT 1303 - COST ACCOUNTING 1 (REPLACES ACCT 0223)

3 credits

An intensive analysis of the evaluation, measurement, and interpretive factors relevant to the various methods of cost determination in the business and industrial setting. Emphasizes how cost accounting aids management to control operations, formulate policies, and make decisions. Prerequisite: ACCT 0112.  Frequency of Offering:  annually.

ACCT 1304 - FEDERAL INCOME TAX ACCOUNTING 1 (REPLACES ACCT 0331)

3 credits

A comprehensive study of the federal income tax structure as it relates to individuals, single proprietorships, partnerships, and corporations with emphasis on accounting and tax planning issues. Prerequisite: ACCT 0112.  Frequency of Offering:  annually.

ACCT 1310 – AUDITING (REPLACES ACCT 0350)

3 credits

Concepts, standards, and methods of auditing including the role of evidence, the importance of internal accounting controls, and the auditor's report. Prerequisite: ACCT 0112.  Frequency of Offering:  annually.

ACCT 1399 - Special Topics in Accounting (REPLACES ACCT 0399)

1-3 credits

Selected topics in an identified area of study in accounting. Prerequisite: Permission of the instructor.  Frequency of Offering:  fall and spring term.