68
BUSINESS ASSOCIAT E DEGREE REQUIREMENTS
Contact the Office of Adult Enrollment Services for further information.
COURSE DESCRIPTIONS
ACCT 101. Principles of Accounting I/Financial This course introduces the basics of financial accounting for business enterprises with a focus on accounting for corporations. Topics include the theory of the financial accounting principles that guide the preparation of financial accounting information and the role of accounting in capital markets as well as the ethical standards imposed on accountants. The course provides a thorough review of the accounting cycle and the operating areas of the balance sheet with special focus on how accounting transactions affect the financial statements and analysis of financial statement information. 3 credits . ACCT102. Principles of Accounting II/Managerial Accounting This course presents accounting information used for internal business management. The focus of the course is using accounting information to better aid in the planning, controlling, and evaluation of company performance. Topics include budgeting, job costing, product pricing, break-even analysis, standard costing, and decision models. Prerequisite: ACCT 101. 3 credits. ACCT 201. Intermediate Accounting I A detailed examination of the development of specific accounting theories relating to the principles of valuation of the major balance sheet accounts. Prerequisite: ACCT 101. 3 credits. ACCT 202. Intermediate Accounting II A continuation of Intermediate Accounting I which deals with accounting theories relating to the valuation of the major balance sheet accounts. Prerequisite: ACCT 201. 3 credits. ACCT 203. Intermediate Accounting III A continuation of the Intermediate Accounting cycle which deals with several advanced topics including the accounting for leases, pensions, and income taxes. Prerequisite: ACCT 202. 3 credits. ACCT 230. Tax Accounting A study of the Internal Revenue Code with primary emphasis on the provisions affecting individual taxpayers. Major topics include identification of items of gross income, business deductions, qualifications for dependents, itemized deductions, filing status, and computation of taxable income. Prerequisite: ACCT 101. 3 credits.
and withdrawals, tax research, and various special tax BADM 285. situations. Prerequisite: ACCT 330. 3 credits.
Global Operations & Supply Chain Management Supply chain management is the management of a ACCT 340. Cost Accounting network of interconnected businesses involved in the ultimate provision of product and service packages Examination of accounting techniques for control of material, labor, and overhead costs in a manufacturing required by end customers. Businesses throughout the operation. Material includes types of cost systems, cost world are beginning to recognize that in an increasingly challenging and complex global marketplace, there is records, job order costing and budget controls. an urgent need for decision-making frameworks. This Prerequisites: ACCT102, ACCT 201. 3 credits. course will provide such a framework by integrating ACCT 401. Advanced Accounting operations and supply chain concepts to address the A study of accounting theories and advanced problems critical issue of managing flows of products, services and information. The course will also emphasize the relating to the partnership form of business importance of managing information in the global organization; theory and practice of parent and environment and the effective use of supply chain subsidiary accounting; mergers, consolidations, information technologies such as e-commerce and and liquidations. Prerequisite: ACCT 202. 3 credits. e-business and their integration through an Enterprise ACCT 410. Auditing Resource Planning (ERP) system. Prerequisite: BADM 275. 3 credits. A study of generally accepted auditing standards and the various types of audit reports issued by certiBADM 303. K-12 Business and Computer fied public accountants. Other topics include ethical Technology Methods of Teaching standards, legal liability of auditors, and other types of A comprehensive course designed to require the K-12 assurance services. Prerequisite: ACCT 202. 3 credits. ACCT 475. Accounting Internship certification candidate to demonstrate knowledge of and competency in applying the fundamental concepts An individual work-study experience in an approved business institution. Placement of a qualified student in of business, computer, and information technology necessary for teaching at the elementary, middle, and a business setting which involves the area of secondary levels. Other areas covered include accounting. Junior standing, 2.75 GPA in business entrepreneurship and international business, courses, and written permission of the program accounting skills, business communications, career director. ~A HELM Course~ 3 credits . planning, economics, law, personal finance, and BADM 250. Entrepreneurship management and marketing concepts. 3 credits. This course is designed for those students interested in Methods of Teaching Technology learning how to start their own business, buy an existing BADM 304. Upon completion of the course, students should business or function as an entrepreneur in a large understand and competently plan, deliver and assess company. Topics include developing and evaluating students in the levels of K-12 in various areas of business concepts, preparing a business plan, technology. The prospective teacher will be able to plan trademarks and patents and securing financing. instruction based upon knowledge of subject matter, 3 credits. students, and the community and curriculum goals. BADM 260. International Law They are able to reflect on and continually evaluate the effect of choices and actions on others and actively seek An introduction to public international law (the rights out opportunities to grow professionally using and duties of states and intergovernmental organizations) and private international law (the rights advanced technology methods. Included in the course are pertinent evaluation methods and school law. and duties of individuals, businesses, and The class shall require the certification candidate to nongovernmental organizations) and the impact of demonstrate knowledge of and competency in applying each on international affairs. Topics covered include alternative dispute resolution, privatization, intellectual the fundamental concepts of computer and information technology necessary for teaching at the property, international sales, the Foreign Corrupt elementary, middle and secondary levels (K-12) Practices Act, trade acts (GATT and WTO), and according to Pennsylvania Department of Education international facilities that deal with the adjudication competency standards. Prerequisite: BADM 303. and resolution of legal issues related to business. 3 credits. Offered every other year. 3 credits.
BADM 275. Principles of Operations Management This course is an introduction to the field of operations management. The student will be exposed to fundamental principles including demand forecasting, system design, supply chain management, project management, and quality. This course will demonstrate ACCT 335. Corporate Tax Accounting the importance of these topics in both manufacturing and service concerns alike. Prerequisite: MATH 109. A Study of the Internal Revenue Code as it relates to corporations, subchapter S corporations, partnerships 3 credits.
and other business entities. Major topics include a review of the tax implications of capital contributions
BUSINESS
BADM 310. Business Law I A survey of the legal principles found in transactions typified in today’s business world. Emphasis is placed on the case study method along with real-world examples. Topics covered include: alternative dispute resolution, structure of the court system, contracts, sales, property law, insurance law, and corporate ethics. 3 credits. BADM 325. Business Law II The second course of study in the legal series. Strongly recommended for all business majors; required for
2013-2014 Mercyhurst University Course Catalog • www.mercyhurst.edu