course offerings ACCT 101 SSI:
ACCOUNTING (ACCT)
Financial Accounting
ACCT 133 3 s.h.
60287: May 21-June 14; MTWR, 8-10:25 a.m.; Maccarrone; 308 C.V. Starr
Introductory course in the practical applications of financial accounting. Topics include an introduction to financial statements, analysis of the statements, accounting information systems, accounting concepts involved in accounting for cash, accounts receivable, inventory, long lived assets, liabilities and stockholders equity. Ethical issues in accounting are explored. Prerequisite(s)/Course Notes: Sophomore class standing or above. (Students who have completed 24 s.h. or above may seek a waiver from the department chairperson.) Prerequisite/Corequisite: IT 014 or permission of the department chairperson. ACCT 102
Managerial Accounting
3 s.h.
SSI: 60288: May 21-June 17; MTWR, 1:30-3:55 p.m.; Fonfeder; 308 C.V. Starr SSII: 70261: June 26-July 23; MTWR, 10:45 a.m.-1:10 p.m.; Slavin; 209 C. V. Starr
Course provides students with an understanding of concepts that are fundamental to the use of management accounting. Topics include costing concepts and systems, budgeting, cost-volume-profit analysis, and other managerial accounting concepts. Prerequisite(s)/Course Notes: ACCT 101, IT 014 and sophomore class standing or above. (Students who have completed 24 s.h. or above may seek a waiver from the department chairperson.) ACCT 123 SSI:
Financial Accounting Theory and Practice I
3 s.h.
60289: May 21-June 17; MTWR, 10:45 a.m.-1:10 p.m.; Slavin; 209 C.V. Starr
Study of accounting theory and procedures and the special problems that arise in the application of underlying accounting concepts to financial accounting. Focus on the application of accounting information as a basis for decisions by management, stockholders, creditors, and other users of financial statements and accounting reports. Conflicts and shortcomings that exist within the traditional structure of accounting theory, including ethical aspects, are discussed in conjunction with Opinions of the Accounting Principles Board, and Statements of the Financial Accounting Standards Board. International accounting differences are also considered. Prerequisite(s)/Course Notes: Prerequisites: IT 014; ACCT 102; junior class standing or above. ACCT 124
Financial Accounting Theory and Practice II
3 s.h.
SSII: 70261: June 26-July 23; MTWR, 8-10:25 a.m.; Slavin; 209 C.V. Starrc
Study of accounting theory and procedures and the special problems that arise in the application of underlying accounting concepts to financial accounting. Focus on the application of accounting information as a basis for decisions by management, stockholders, creditors, and other users of financial statements and accounting reports. Conflicts and shortcomings that exist within the traditional structure of accounting theory, including ethical aspects, are discussed in conjunction with Opinions of the Accounting Principles Board, and Statements of the Financial Accounting Standards Board. International accounting differences are also considered. Prerequisite(s)/Course Notes: IT 014; ACCT 123; FIN 101; junior class standing or above. ACCT 125 SSI:
Accounting Entities (Advanced)
3 s.h.
60290: May 21-June 17; MTWR, 8-10:25 a.m.; Slavin; 209 C.V. Starr
Discussion of advanced theory and problem-solving for partnership formation, operation and termination; an analytical overview of the accounting problems associated with mergers, acquisitions, and the preparation and interpretation of financial reports with respect to the resultant combined corporate entities; translation of foreign financial statements, and governmental fund accounting and not-for-profit accounting. International perspectives and ethical issues are integrated throughout. Recent statements and pronouncements by the American Institute of Certified Public Accountants, the American Accounting Association, and the Securities and Exchange Commission are used throughout the course. Prerequisite(s)/Course Notes: ACCT 124; IT 014, junior class standing or above. Credit given for this course or ACCT 242, not both. ACCT 131
Cost Accounting Systems
3 s.h.
SSII: 70262: June 26-July 23; MTWR, 1:30-3:55 p.m.; Fonfeder; 208 C.V. Starr
Various cost accounting concepts are studied, e.g., production cost systems. Topics include job-order costing, process costing, standard costs, direct costing, by-products and joint products, differential and comparative costs. Ethical, environmental and international considerations relating to the production process are discussed. Prerequisite(s)/Course Notes: ACCT 102; junior class standing or above. Corequisite: IT 014.
20
summer sessions 2014
SSI:
Auditing Theory and Practice
3 s.h.
60291: May 21-June 17; MTWR, 10:45 a.m.-1:10 p.m.; Maccarrone; 308 C.V. Starr
The role and function of the independent auditor in the profit-directed sector of the economy is emphasized. The ethical, social, economic and political forces that have influenced the philosophy and conceptual foundations of auditing are covered in depth. Pronouncements by the American Institute of Certified Public Accountants, rulings by regulatory agencies and court decisions are analyzed. Standards that guide the auditor and the methodology used in conducting an audit are covered and illustrated, including audit considerations regarding computerized management information systems. Prerequisite(s)/Course Notes: ACCT 124, IT 014, QM 001, and senior class standing or permission of the department chairperson. Credit given for this course or ACCT 233, not both. ACCT 135 SSI:
Accounting Information Systems
3 s.h.
60286: May 21-June 24; Distance Learning (p14-15); Sledgianowski
This course explores accounting information systems and how they relate to the accountant’s ability to conduct business and make decisions. The course focuses on transaction cycles with special emphasis on ethics, fraud, and internal controls and targets the needs and responsibilities of accountants as end users of systems, systems designers, and auditors. It includes an introduction of Sarbanes-Oxley and its effects on internal controls, and other relevant topics. Prerequisite(s)/Course Notes: Prerequisites: ACCT 124 or approved equivalent, senior class standing. Corequisite: ACCT 133. Credit given for this course or ACCT 208, not both. ACCT 143 SSI:
Income Tax Accounting I
3 s.h.
60292: May 21-June 17; MTWR, 7-9:25 p.m.; Nagel; 107 C.V. Starr
Analysis of the Federal Income Tax laws, their meaning, application, ethical and international considerations relating to individuals. Prerequisite(s)/Course Notes: ACCT 124 and senior class standing. Credit given for this course or ACCT 215, not both. ACCT 144 SSI:
Income Tax Accounting II
3 s.h.
60293: May 21-June 17; MTWR, 10:45 a.m.-1:10 p.m.; Petra; 309 C.V. Starr
Analysis of the Federal Income Tax laws, their meaning, application, ethical and international considerations relating to business entities. Partnership, regular corporations and Subchapter S corporations will be the focus of this course. Prerequisite(s)/Course Notes: ACCT 143 and senior class standing. Credit given for this course or ACCT 215, not both. ACCT 203
Accounting and Financial Reporting
3 s.h.
SSII: 70259: June 26-July 30; Distance Learning (p14-15); Jones
A comprehensive overview of the basic financial statements and how they and other accounting information are utilized for managerial decision making in a global economy. Topics include, but are not limited to, financial reporting and analysis, profit analysis, capital budgeting, planning and forecasting, and cost control. Environmental factors and ethical implications are integrated throughout the course. Prerequisite(s)/Course Notes: Open only to matriculated graduate students in the Zarb School of Business and in other Schools at Hofstra where appropriate. See specific program requirements. ACCT 208 SSI:
Accounting Information Systems
3 s.h.
60285: May 21-June 24; Distance Learning (p14-15); Sledgianowski
Course addresses key concepts and trends in information systems technology and how they affect accountants, as well as how the business environment is affecting and stimulating the trends in development. Students gain an understanding of computer-based accounting information systems and the impact of information technology on the practice of accounting and auditing. Topics include development and documentation techniques of computer-based accounting systems, auditing and control in common computer environments, database systems, and financial reporting systems. Prerequisite(s)/Course Notes: Corequisite: ACCT 233 or approved equivalent. Open only to matriculated M.S. in accounting and M.S. in taxation students. May be taken by M.B.A. students majoring in accounting in lieu of IT 203. Credit given for this course or ACCT 135, not both. (Same as IT 208.) ACCT 214 SSI:
Individual Income Tax
60294: May 21-June 24; MW, 8:15-10:30 a.m.; Petra; 305 C.V. Starr
3 s.h.
Introduction to personal federal income tax. Analysis of the federal income tax laws, their meaning, application, ethical and international considerations relating to individuals. Prerequisite(s)/Course Notes: Open only to matriculated students in the Frank G. Zarb School of Business and other Schools at Hofstra where appropriate. Credit given for this course or ACCT 143, not both. Corequisite: ACCT 203.