Accounting program are strongly encouraged to consider enrolling in the Advanced Business Technology Certificate Program. See the Advanced Business Technology Program under Dahlkemper School of Business Administration. Two, four and five year programs are offered. The five year MBA program in accounting meets the needs of the public accounting profession on a national basis in support of the 150 hour education requirement initiated by the American Institute of CPA's and many state boards of accountancy. Students electing this track will be required to complete a five year 159 hour program in accounting and business. All students are given the opportunity to complete a BS in accounting in four years. The students who have elected the five year track can then proceed to complete their MBA over a fifth year. A measure of the success of the department is evidenced by the placement in the career opportunities available to its graduates. Large public accounting firms, the Naval Audit Service and other federal, state, and local governmental agencies, and many industrial firms regularly recruit our graduates on campus. Presently, substantial numbers of our graduates are not only advancing their own careers in these organizations but are returning to Gannon as recruiters for these companies. Comments from these recruiters give more than adequate testimony to the quality of the preparation for our students in accounting. Some students choose not to enter the business world immediately upon graduation but rather elect to further their education in graduate studies. Our program provides an excellent base for graduate work in Accounting, Business Administration, Law, or related fields.
COURSE DESCRIPTIONS: BCOR 201: Financial Accounting and BCOR 202: Managerial Accounting See the course descriptions under the Business Core. 6 credits (3 credits each) ACCT 210 and ACCT 310: Intermediate Financial Accounting I & II An in-depth investigation of accounting theory and practice through an examination of major financial statement accounts. Specific topics include a study of the conceptual framework of accounting, income determination, reporting, accounting for leases and pensions, financial statement presentation, and evaluation of sustainable and transitory earnings components. Prerequisites: BCOR 201 Financial Accounting for ACCT 210 3 credits for ACCT 210, Fall Prerequisites: ACCT 210 Intermediate Financial Accounting I for ACCT 310 3 credits for ACCT 310, Spring ACCT 302: Intermediate Managerial Accounting A course devoted primarily to understanding accounting concepts related to creating and interpreting information in manufacturing and service organizations to facilitate management decisions and control. Topical coverage includes: job order costing, standard costing, costs of spoilage, scrap, and rework, cost of quality, operations and project costing, and cost allocation techniques. Prerequisites: BCOR 202 3 credits, Fall ACCT 331: Income Taxes A detailed study of the Federal Income taxation of individuals. This course includes an introduction to income tax research and places an emphasis on effective tax planning. Prerequisite: BCOR 201 3 credits, Fall ACCT 350: Accounting Information Systems A theoretical and practical discussion of the process and procedures for accounting information systems analysis, design, and implementation with emphasis on the organizational decisionmaking inherent in a broad range of computerized systems applications. A computer lab is included to examine an automated accounting system. Prerequisite: BCOR 202 Managerial Accounting or permission of instructor 3 credits, Spring
Undergraduate Catalog 2012-2013