333: Business Information Systems. Goal: To understand how firms plan, build, and implement systems to process accounting information necessary to the business. Content: A study of the fundamentals of business data processing techniques and systems. Technological advances and their effects on business are discussed. Taught: Spring. Credit: 3 hours; cross-listed as BUS 333. 396, 397: Special Topics in Accounting.
Goal: To provide an opportunity for exploration of a topic not offered as part of the established curriculum. A student may take no more than six semester hours in special topics courses.
Content: Examination of special topics, problems, or issues in accounting that seem particularly relevant to student needs and interests. Announced annually. Taught: Offered occasionally. Prerequisite: Dependent on topic. Credit: 3; 3 hours. 423: Intermediate Accounting III.
Goal: To help the student understand the complex theory and procedure required in the preparation of financial statements. Content: A continuation of ACC 321 and ACC 322. Study of accounting for dilutive securities, earnings per share, leases, pensions, deferred income taxes, statement of cash flows, revenue recognition, error corrections, and accounting changes. Taught: Offered occasionally. Prerequisite: ACC 321 and ACC 322. Credit: 3 hours. 431: Advanced Accounting.
Goal: To help the student understand accounting and reporting problems underlying inter-corporate investments, multinational operations, and partnerships.
Content: Advanced study in accounting principles and special problem areas. Topics include partnerships, combined corporate entities, and consolidations. Taught: Spring. Alternate years. Prerequisite: ACC 321, ACC 322, and ACC 423. Credit: 3 hours. 432: Auditing.
Goal: To help the student understand the duties and responsibilities of the independent auditor in examining and reporting on the financial statements of a business organization. Content: A closer look at the audit environment and examination of the moral, ethical, and legal responsibilities of the independent auditor. A study of the central concepts of internal control and the methods and procedures used by the auditor to evaluate the accounting system, to assess its strengths and weaknesses, and accordingly develop an appropriate audit program. An examination of the major types of transactions of a business which are measured, aggregated and summarized in conventional financial statements. An analysis of the disclosures required in financial statements of publicly held companies and various types of reports issued by auditors. Taught: Spring. Alternate years. Prerequisite: ACC 321. Credit: 3 hours. 433: Government and Not for Profit Accounting.
Goal: To teach the student the complex theory and procedures involved in accounting for government and not-for-profit entities. Content: Accounting for state and local governmental entities will be examined. Also, the accounting theory and procedures used by non-for-profit schools, health and welfare organizations, and hospitals will be discussed. Taught: Fall. Alternate years. Prerequisite: ACC 201. Credit: 3 hours. 451: Directed Independent Study.
Goal: To provide the student with the opportunity for independent study, under careful supervision, of significant topics in accounting selected in consultation with the instructor.
Content: Varies. Taught: Fall, Spring, and Summer. Prerequisite: Adequate course work for the topic selected. Credit: 1–6 hours.
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