Accounting (ACCT)

Accounting (ACCT)

ACCT 209  Survey of Accounting and Finance  3 Credit Hour(s)  

This course provides the basics of financial analysis and management for non-business majors. Topics in this course will include financial reporting, underlying accounting assumptions, performance measures, ratio analysis, cash flow, time value of money, and budgeting.

Offered: Resident and Online

ACCT 211  Financial Accounting  3 Credit Hour(s)  

Prerequisite: MATH 201 or BUSI 230

A study of basic transactions, general ledger accounts, books of original entry, closing and adjusting entry processes, trial balances, financial statements, accounting for assets, liabilities, sole proprietorship, equity, revenues, and expenses.

Offered: Resident and Online

ACCT 212  Managerial Accounting  3 Credit Hour(s)  

Prerequisite: ACCT 211

A study of the fundamentals of managerial accounting with an emphasis on financial statement analysis, cost accounting measurement systems, cost-volume-profit analysis, managerial decision-making concepts, operational budgeting, standard cost systems and capital budgeting.

Offered: Resident and Online

ACCT 299  Internship  0 Credit Hour(s)  

Directed applicable work experience under supervision of the Director of Business Internships and an accounting or business professional at the place of employment. Application processed through the Career Center. Must apply semester prior to internship.

Registration Restrictions: Sophomore status, 2.00 GPA, two courses in major, declared major, not more than one CSER behind

Offered: Resident

ACCT 301  Intermediate Accounting I  3 Credit Hour(s)  

Prerequisite: ACCT 212

This is an intensive course in accounting theory and practice. The course attempts to strike a balance between procedural explanations of currently applied accounting practices and the theoretical framework upon which those practices are based. Alternatives to current practice are also introduced.

Offered: Resident and Online

ACCT 302  Intermediate Accounting II  3 Credit Hour(s)  

Prerequisite: ACCT 301

This is an intensive course in accounting theory and practice dealing with liabilities, stockholders equity, and financial reporting issues. The course attempts to strike a balance between procedural explanations of currently applied accounting practices and the theoretical framework upon which those practices are based

Note: Offered spring semester

Offered: Resident and Online

ACCT 311  Cost Accounting I  3 Credit Hour(s)  

Prerequisite: ACCT 212

A study of the principles and procedures used in the collection, recording and reporting of costs. Balance Sheet inventory valuation and the related Income Statement cost of goods sold valuation, determined using both job order costing and process costing, are emphasized. Activity-based costing is covered in depth. Traditional cost accounting is the main content of this course.

Note: Offered fall semester

Offered: Resident and Online

ACCT 332  Accounting Information Systems  3 Credit Hour(s)  

Prerequisite: ACCT 301

This course provides a basic knowledge of how accounting information systems function in today's business environment. It emphasizes the internal control feature necessary to produce accurate and reliable accounting data as it looks at how accounting information is recorded, summarized and reported in both manual and computerized systems. The following topics are covered in this course: systems concepts, tools, development processes, analysis; design; implementation and operation; computer software and configurations; data storage and processing methods; file processing; implementing data base management systems; internal control; information system control; data security and integrity; accounting transaction cycles; revenue cycle applications; and expenditure cycle applications.

Offered: Resident and Online

ACCT 340  Accounting Ethics  3 Credit Hour(s)  

Prerequisite: ACCT 212

This course provides an analysis of ethical standards in the accounting profession. Major ethics paradigms are examined and contrasted with a Christian worldview of ethics. The course includes an in-depth examination of the AICPA Code of Professional Conduct and other ethical standards in the accounting profession. The course also presents an ethical decision-making model for the accounting profession.

Offered: Resident and Online

ACCT 370  Financial Statement Analysis  3 Credit Hour(s)  

Prerequisite: BUSI 320

This course examines the fundamental techniques of financial statement analysis and their application to strategic planning and decision-making. The course covers the analysis and interpretation of financial information including the balance sheet, income statement, and statement of cash flows.

Offered: Resident and Online

ACCT 401  Taxation I  3 Credit Hour(s)  

Prerequisite: ACCT 212

A study of the legal and accounting aspects of federal taxation with an emphasis on individuals and unincorporated businesses.

Note: Offered fall semester

Offered: Resident and Online

ACCT 402  Advanced Accounting  3 Credit Hour(s)  

Prerequisite: ACCT 302

This is an intensive course in accounting theory and practice regarding partnerships, business combinations and consolidated financial statements. The course attempts to strike a balance between procedural explanations of currently applied accounting practices and the theoretical framework upon which those practices are based. Alternatives to current practice are also discussed.

Note: Offered fall semester

Offered: Resident and Online

ACCT 403  Governmental and Not-for-Profit Accounting  3 Credit Hour(s)  

Prerequisite: ACCT 402

Advanced problems involving government and non-profit organizations, estates and trusts, financially distressed entities, translation and consolidation of foreign entities and segment reporting.

Note: Offered spring semester

Offered: Resident and Online

ACCT 404  Auditing  3 Credit Hour(s)  

Prerequisite: ACCT 302

A study of auditing standards and related auditing procedures. Topics include: evaluation of internal control and preparation of the audit program; examination of financial statements and preparation of working papers; and auditors' reports and opinions.

Note: Offered fall semester

Offered: Resident and Online

ACCT 412  Taxation II  3 Credit Hour(s)  

Prerequisite: ACCT 401

The second course in a two-course sequence dealing with corporate income taxes, taxes on corporate distributions, other corporate tax levies; partnership information, operation and special issues; corporations, gift and estate taxes; the income taxation of trusts and estates; and IRS administrative procedures.

Note: Offered spring semester

Offered: Resident and Online

ACCT 432  IT Audit  3 Credit Hour(s)  

Online Prerequisite: ACCT 332 and ACCT 404

This course provides the theory and application of auditing through the use of information systems. Topics include: authoritative information technology control frameworks; computer security; continuous auditing; and audit approaches to new and emerging technologies.

Offered: Online

ACCT 495  Directed Research  1-3 Credit Hour(s)  

Registration Restrictions: Written permission of department chair and consent of instructor

ACCT 497  Special Topics in Accounting  1-3 Credit Hour(s)  

Topics will vary and are offered on demand. Course may be repeated for credit, when topics differ.

ACCT 499  Internships  1-6 Credit Hour(s)  

Directed applicable work experience under supervision of the Director of Business Internships and an accounting or business professional at the place of employment. Applications are processed through the department Faculty Intern Advisor. Applicants must apply the semester prior to starting the internship.

Registration Restrictions: Junior or Senior standing; required GPA

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