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Undergraduate Accounting Course Descriptions

AC 210 Financial Accounting [3] An introduction to financial accounting fundamentals in today's business world. The basic financial statements are presented: balance sheet, income statement, statement of cash flows, and statement of retained earnings. Students are exposed to the recording, summarization, and presentation of financial information and methods of analyzing financial statements.

AC 211 Managerial Accounting [3] An overview of managerial accounting principles and practices. Topics include budgeting, cost-volume-profit analysis, short-run decision making, standard costing, cost accounting systems, and the statement of cash flows. Prerequisite: AC 210.

AC 320 Financial Reporting Theory I [3] A detailed study of the theory and practice of financial reporting. Emphasis is placed on the collection and communication of accounting information through the accounting records and financial statements. Topics include methods of asset valuation and classification, liability recognition, income recognition, and measurement of equity. The practical and ethical ramifications of reporting method choice on financial statement informativeness are considered. Prerequisite: A grade of C or better in both AC 210 and 211, or MBA 612, or equivalent.

AC 321 Financial Reporting Theory II [3] A continuation of AC 320. Prerequisite: A grade of C or better in AC 320 or equivalent.

AC 325 Accounting Information Systems [3] Introduces the use and control of manual and computerized accounting systems. The course topics include the analysis and internal control of the revenue, expenditure and financial reporting cycles; data based management systems and network technology in accounting; control procedures in automated environments; and ethical considerations involved in accounting control systems. Students will be required to build a small accounting system using a spreadsheet or database package. Prerequisites: A grade of C or better in CS 110, both AC 210 and 211 or 610; or equivalent. Laboratory fee.

AC 332 Cost Management [3] The course presents advanced topics in cost and managerial accounting. Selected topics include cost behavior and analysis, activity based costing, cost accumulation systems, analysis of cost variances and the impact of professional codes of ethical conduct on the analysis and dissemination of accounting information. The use of spreadsheet packages to prepare managerial reports will also be emphasized. Prerequisites: A grade of C or better in both AC 210 and 211 or MBA 612 or equivalent.

AC 410 Personal Financial and Tax Planning [3] Study of effective tax and financial planning for individuals, including the financial planning process, closely held business planning, educational funding, retirement, and estate planning. Prerequisite: FIN 310

AC 423 Advanced Accounting Problems [3] An examination of advanced topics in financial reporting and practice. Topics include accounting for organizing, operating, changing the status of, or liquidating partnerships, branch accounting, consolidated financial reporting with domestic and/or international subsidiaries, accounting for transactions involving foreign currencies, and foreign currency based financial statement translation. Prerequisite: A grade of C or better in AC 321 or equivalent. (Fa.)

AC 425 Federal Income Tax Concepts [3] An introduction to basic tax concepts, applying to individuals and business entities. Discussion will focus on items of gross income, itemized deductions, trade or business expenses and depreciation. Organizing, operating and distributing the income of business entities will be considered. Prerequisites: A grade of C or better in both AC 210 and 211 or MBA 612 or equivalent.

AC 430 Auditing Concepts and Problems [3] A study of the duties and responsibilities of the auditor, the mechanics of the audit, and the interrelationship among the auditor, client, and the public. Covers principles and standards, general and special audits, examinations of internal control, audit reports, and standards of ethical conduct. A significant project related to auditing is required in this course. Prerequisite: A grade of C or better in AC 321 or equivalent.

AC 480 Internship in Accounting [3-6] This course fulfills the required internship for students majoring in Accounting. Under the supervision of a faculty advisor, students will gain field experience with a for-profit or not-for-profit organization. Prerequisites: BAR 210, AC 320, Junior status, departmental approval, cumulative GPA of 2.0.

AC 481 Independent Study in Accounting [1-3] Supervised individual study, under the direction of a faculty advisor, on a topic of interest to the student and the faculty advisor. Prerequisite: Permission of department chair.

AC 490 Selected Topics in Accounting [3] A critical and intensive study of selected topics in the field of accounting. Prerequisite: Senior standing or permissions of instructor.

BL 230 The Legal Environment of Business [3] An investigation survey of the nature and function of law as applied to business organization and government agencies. Pertinent features of the American legal system are reviewed in light of the economic and social problems and forces shaping its evolution.

BL 230 Online Format
You move at your own pace during the week so long as you complete the materials due (assignments, quizzes, tests, projects and discussion board posts, etc) by the end of that week.   “Live” online seminars are held each week probably on Wednesdays and Thursdays from 8-9:30 pm through Webex.   You need a microphone for your computer.  A camera is optional. If you choose not to participate in the “live” sessions, you can listen to a recording of the class session and write a summary. You also participate in weekly discussion board topics to help you learn through sharing ideas related to the course topics. 

BL 330 The Law of Business Organization [3] An examination of the forms of business enterprise and an analysis of modern commercial law. The doctrines governing partnerships, corporations, and other forms of business organization are examined. Includes analysis and application of the Uniform Commercial Code and other uniform laws. Prerequisite: BL 230.

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