Go to Table of Contents Accounting
Accounting ACCT1201 Financial Accounting (QA) At its core, financial accounting converts data into financial information for decision making. The course introduces students to the methods and procedures accountants use to gather data, record their financial effects, summarize them into financial statements, analyze and interpret the economic impact, and report them to stakeholders. Fall and spring semesters. 4 credits Prerequisite: Concurrently with ITECH1103 or demonstration of proficiency ACCT2201 Managerial Accounting The use of accounting in planning, controlling, and decision making is examined in this course. Cost terms, classification, and behavior are fully developed and utilized in budgeting, break-even analysis, and pricing of products and services. Simulation exercises in production, cost accumulation systems, and budgeting will make extensive use of the Excel electronic spreadsheet. Fall and spring semesters. 4 credits Prerequisites: MGMT1101 and ACCT1201
ACCT2204 Intermediate Accounting II Liabilities, reserves, and stockholders’ equity items are thoroughly treated. The analysis of financial statements through the use of the ratio method is stressed. Spring semester. 4 credits Prerequisite: ACCT2203
ACCT2206 Cost Accounting The control aspects of material, labor, and overhead accounting are stressed. The course covers job and process costs, standard costs, direct costing, marketing cost, cost in decision making, capital budgeting, and profit planning. Fall semester, alternate years, expected fall 2012. 4 credits Prerequisites: ACCT1201 and ACCT2201 ACCT3203 Auditing and Assurance Services This course focuses on the theory and practice of auditing and assurance services, including the preparation of working papers and reports for various types of clients, the relationship with the client, and professional ethics. Spring semester. 4 credits Prerequisites: ACCT2203 and ACCT2204 ACCT3296 Accounting Internship The accounting internship course involves experiential learning in accounting-related positions with a corporation, public accounting firm and/or a government agency. The course also requires attendance to a seminar where students apply theoretical knowledge to the practical setting where they have chosen to complete their internship work. Together with the Internship supervisor, a project is defined for the student that will add value to the organization and that will help the student build expertise and confidence in an area of mutual interest. The student completes the project as part of the internship. Fall and spring semesters. 4 credits Prerequisites: ACCT2203 Intermediate Accounting, ACCT2204 or concurrently with ACCT2204 and approved internship placement. This course is limited to Accounting Majors.
2012-2013 Academic Catalog
Course Descriptions for Liberal Arts and Sciences
ACCT2203 Intermediate Accounting I Accounting theory is applied to develop financial statements of proper form and content. Asset items of the balance sheet are treated comprehensively. Fall semester. 4 credits Prerequisites: ACCT1201 and ACCT2201 or concurrently with ACCT2201
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