ACC 105 Principles of Accounting I
An introduction to the basic concepts of accounting, emphasizing the accounting cycle, principles and concepts governing the recording and reporting of accounting data, adjusting entries, closing entries, subsidiary ledgers, and financial statements. Accounting for assets is covered in detail. This course emphasizes the use of the computer as it relates to the preparation of accounting information. 3 credits

ACC 106 Principles of Accounting II
A continuation of the concepts introduced in Principles of Accounting I with emphasis on liabilities, equity, and the partnership and corporate forms of business organization, and analysis of financial statements. Computer usage is integrated into the course material. Prerequisite: ACC 105. 3 credits

ACC 205 Computerized Accounting
An introduction to accounting software packages and accounting information systems. ACC 105 and ACC 106 focus on a manual accounting cycle, with reference to the computerized accounting cycle. This course focuses specifically on accounting information systems and software packages, while reinforcing the accounting concepts and principles covered in ACC 105 and ACC 106. Prerequisite: ACC 106. 3 credits

ACC 305 Intermediate Accounting I
A detailed examination of the component elements of the balance sheet, income statement, and statement of cash flow. In addition, the asset side of the balance sheet is studied. Computer usage is integrated into course work. Prerequisite: ACC 106. 3 credits

ACC 306 Intermediate Accounting II
A continuation of the studies undertaken in ACC 305 with emphasis on practices and problems in accounting for liabilities and equity. Special problems in income determination and reporting as well as advanced financial reporting and analysis are covered. Computer usage is integrated into course work. Prerequisite: ACC 305. 3 credits

ACC 307 Managerial Cost Accounting
An analysis of the planning and control of costs in the manufacturing and service environment. Topics covered include cost terminology, planning and control techniques, computation of material, labor and overhead costs and variances, and the preparation of cost reports. Job order costing, process costing, and standard costs are covered in detail. Prerequisite: ACC 106. 3 credits

ACC 311 Personal Federal Taxation
An examination of the impact of the Federal Income Tax system on individuals. The structure of the Federal Income Tax system is studied as it relates to the preparation of individual tax returns. Topics covered include income, deductions, tax rates, tax credits, personal exemptions, and tax calculation. Prerequisite: ACC 306. 3 credits

ACC 405 Advanced Accounting I
An introduction to business combinations and accounting for consolidations under the purchase method. Topics covered include consolidated statements, intercompany transactions, subsidiary investment issues and equity transactions, indirect and mutual holdings, and special applications of consolidation procedures. The course concludes with a comprehensive consolidation project—students participate on teams to solve an extensive consolidation problem. Prerequisite: ACC 306. 3 credits

ACC 406 Advanced Accounting II
A study of additional advanced topics including accounting for partnerships, foreign exchange transactions, not-for-profit organizations, state and local governments, interim reporting, earnings per share, estates and trusts, debt restructuring, corporate reorganizations, and corporate liquidations. The course concludes with the “Advanced Accounting Olympics” — students participate on teams and answer questions covered in prior CPA exams. Prerequisite: ACC 306. 3 credits

ACC 407 Auditing
An examination of the auditing function including the standards and procedures used by auditors in their examination of financial statements for the purpose of rendering an opinion on them. Topics covered include the evaluation of internal control, design of the audit program, statistical sampling, and EDP auditing. Prerequisite: ACC 306. 3 credits