College of Business and Technology

Accounting (ACC)

ACC 201   Principles of Financial Accounting 4 credits

Explore the role of accounting in the business world. Broad topics include the concepts of financial accounting, as well as financial statement preparation and analysis. Additional topics include the accounting cycle, including journal entries, adjustments, financial statement preparation, and closing entries. (Students must earn a minimum grade of C in order to progess to ACC 202.)

ACC 202   Principles of Managerial Accounting 4 credits

Discover the role managerial accounting plays in planning, directing, and controlling operations. Learn cost classifications and cost behavior, cost/volume/profit analysis, responsibility accounting, allocation methodologies, budgets, cash flow, and time value of money. Students must earn a minimum grade of C in order to progress to ACC 311 Intermediate Accounting. (Prerequisite: minimum grade of C in ACC 201)

ACC 311   Intermediate Accounting I 4 credits

Expand your understanding of financial accounting topics and learn the conceptual framework of financial reporting. Practice analyzing complex financial accounting and reporting issues. Apply financial accounting measurements, revenue and expense recognition, inventory cost and valuation, long-lived assets, costing valuation and amortization. International Financial Reporting Standards are also covered. (Prerequisite: minimum grade of C in ACC 201)

ACC 312   Intermediate Accounting II 4 credits

Continue an in-depth investigation of accounting topics as in Intermediate Accounting I, and learn the liability and equity sections of the balance sheet, revenue recognition, pension expense and liability, as well as error correction and the direct and indirect methods of preparing the statement of cash flows. (Prerequisite: Minimum grade of C in ACC 311)

ACC 411   Advanced Accounting 4 credits

Plunge into the advanced study of accounting, focusing on accounting for combined corporate entities. Examine the equity method, consolidated financial statement preparation and analysis, partnership accounting, governmental accounting, non-profit accounting and accounting for estates and trusts. (Prerequisite: Minimum grade of C in ACC 312).

ACC 412   Auditing 4 credits

This course defines the ethical and legal responsibilities of the auditor and covers the topics of the preparation of the audit program and working papers for the audit of the financial statements in accordance with generally accepted auditing standards (GAAS). (Prerequisite: ACC 311)

ACC 413   Cost Accounting 4 credits

Pick up in this course where Managerial Accounting left off. Practice developing and using accounting data for managerial decision-making, creating “what if” scenarios using Excel modeling to quantify various outcomes, and engage in an extended study of budgeting. Preparation, measurement, and analysis of capital budgeting projects using Excel is also covered. (Prerequisite: Minimum grade of C in ACC 202)

ACC 414   Federal Income Tax 4 credits

Study the application of federal income tax law primarily to individuals. Secondarily, explore corporate and partnership tax law. Research a variety of tax problems extensively. Both procedural and substantive tax laws are examined. (Prerequisites: Minimum grade of C in CSC 121 or CSC 210 and in ACC 201)

ACC 440   Fundamentals of Forensic and Investigative Accounting 4 credits

Investigate the nature of accounting fraud and embezzlement. Research actual cases of fraud and embezzlement, focusing on internal control failures, common traits of individuals who commit fraud, as well as red flags that indicate increased risk of fraud. Integrate business valuation techniques, internal controls, fraud investigation techniques, and transforming data into evidence. (Prerequisites: Minimum grade of C in ACC 311)

ACC 480   Management Accounting 4 credits

Management Accounting explores advanced topics in Financial Reporting, Planning, Performance, and Control, with an emphasis in Financial Decision Making. (Prerequisites: ACC 312, ACC 411, ACC 412)

ACC 490   Accounting Strategy Capstone 4 credits

The Accounting Strategy Capstone Course brings together topics discussed throughout the curriculum with an integrated application to real world problems in order to formulate strategies and implementation planning for businesses. (Prerequisites: BUS 345, ACC 414, ACC 480)

ACC 498   Accounting Internship 1-16 credits