2013-2014 Catalog

142 performance evaluation. This course focuses on how managers use accounting information as a basis for planning and controlling operations. Prerequisite: BUS 101.

BUS 108. Quantitative Business Analysis I 3 credits Introduction to selected mathematical and quantitative methods used in analyzing business problems. The quantitative models studied in this course include set theory, linear and quadratic functions, coordinate systems, matrices and the mathematics of finance. Prerequisite: MAT 90 or satisfactory score on the Math Placement Test.

BUS 141. Business Foundations I 3 credits Students will be introduced to the major fields existing within the disciplines of Business, including accounting, economics, finance, marketing and management. A history of business will be discussed in order to familiarize students with the practical theories that are the foundation of business, including the active role business has played in the development of societies.

BUS 142. Business Foundations II 3 credits Students will have the opportunity to analyze business case studies and use several business software packages such as MS Excel, MS Access, QuickBooks, and MS Word.

Class will include analysis and creation of accepted business forms and presentations, as well as an integration of business theory into practical application in the form of presentation(s).

BUS 201. Intermediate Accounting I 3 credits A course covering advanced principles of corporate accounting. The topics covered will include: cash; compensating balances; accounts receivable; notes receivable; consignment sales; and the preparation of corporate financial statements.

Prerequisite: BUS 102.

BUS 202. Intermediate Accounting II 3 credits BUS 202 is a continuation of advanced principles of corporation accounting. The topics covered will include: valuation of tangible and intangible assets; depreciation, depletion and amortization; amortization of bond premiums and discounts; current and contingent liabilities; long-term debt; contributed capital and retained earnings; and leases and pensions. BUS 201 is a prerequisite for BUS 202.

BUS 207. Analyzing Financial Statements 3 credits The text teaches the basic skills of financial statement analysis to the prospective bank lender/credit analyst who is already familiar with fundamental accounting procedures and practices. The course is practical means of discovering how financial data are generated and their limitations; techniques for analyzing the flow of a business’s funds; and methods of selecting and interpreting financial ratios. It also presents analytical tools for predicting and testing assumptions about a firm’s future performance. The course deals with the conceptual framework for analysis, basic and advanced analytical techniques and utilizes the comprehensive case study method. Prerequisite: BUS 102. (Offered when interest is expressed and departmental resources permit.)

BUS 208. Principles of Management 3 credits This course is designed to give the students a thorough understanding of the function of management. It examines in depth the nature of planning, organizing, directing and controlling at three managerial levels within the firm. Students will be given the opportunity to apply these functions via the use of case histories.

BUS 209. Introduction to Forensic Accounting 3 credits This course develops a foundation of knowledge for forensic accounting by examining what forensic accounting is and how forensic accounting principles are applied in both civil and criminal legal proceedings. This course will be separated into two sections: courtroom procedures. Additionally, the ethics of forensic accountants will be stressed to the students throughout the course. This course covers specific fraud schemes and crimes, the indicators of fraud, theories of fraud detection and