Accounting (ACCT)

ACCT200
Accounting for Business Decisions

Prerequisites: For non-CoB students only; 12 credit hours. Credit toward the degree cannot be earned in ACCT 200 & any of the following: ACCT 201, 201H, 202, or 202H

Letter grade only.

Description: Designed to introduce financial and managerial accounting concepts to non-business majors who will use such information in future roles as investors, owners, managers, employees and/or taxpaying citizens. Lays a foundation for understanding and using accounting concepts, skills and judgments in numerous endeavors, both career and personal.

This course is a prerequisite for: FINA 300; HRTM 479

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded
Offered:ALL

Credit Hours:3

ACE:

ACCT201
Introductory Financial Accounting

Prerequisites: CoB Student: 12 hours credit, MNGT 101/101T or concurrent. Non-CoB Student: 12 hours credit. Credit toward the degree cannot be earned in ACCT 200 & any of the following: ACCT 201, 201H, 202, or 202H.

Provides foundation for advanced courses. Letter grade only.

Description: Fundamentals of financial accounting, focusing on measuring and communicating business activities so external users can make informed decisions.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded
Offered:ALL

Credit Hours:3

ACE:

ACCT201H
Introductory Financial Accounting

Prerequisites: Open only to CoB Honors Academy students in good standing or by permission; freshman standing. Credit toward the degree cannot be earned in ACCT 200 and any of the following: ACCT 201, ACCT 201H, ACCT 202, or ACCT 202H

Description: Fundamentals of financial accounting, focusing on measuring and communicating business activities so external users can make informed decisions.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

ACCT202
Introductory Managerial Accounting

Prerequisites: CoB Student: ACCT 201 or ACCT 201H with grade of 'C' or better, MNGT 101/101T or concurrent; Non-CoB Student: ACCT 201 or ACCT 201H with grade of 'C' or better. Credit toward the degree cannot be earned in ACCT 200 & any of: ACCT 201,201H,202 or 202H.

Description: Fundamentals of managerial accounting, focusing on techniques and analysis used to evaluate and improve business operations and profitability so decision makers within a company (internal users) can make informed decisions.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded
Offered:ALL

Credit Hours:3

ACE:

ACCT202H
Introductory Managerial Accounting

Prerequisites: Open only to CoB Honors Academy students in good standing or by permission; sophomore standing; ACCT 201 or 201H with a grade of 'C' or better. Credit toward the degree cannot be earned in ACCT 200 & any of the following: ACCT 201,201H,202 or 202H

Description: Fundamentals of managerial accounting, focusing on techniques and analysis used to evaluate and improve business operations and profitability so decision makers within a company (internal users) can make informed decisions.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

ACCT301
Using Accounting Information

Prerequisites: For non-accounting majors only; ACCT 201 or 201H and ACCT 202 or 202H, both with grades of 'C' or better.

Does not provide credit toward an accounting degree or accounting minor.

Description: Designed to introduce non-accounting majors to the basics of using accounting information. Covers the practical relationships between business decisions and the financial statements, including forecasting, investment decisions, and tax effects.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

ACCT306
Survey of Accounting

Prerequisites: Except for the 53-hr requirement, the junior standing prerequisite is waived.

A one-semester course for students above the sophomore level who desire a knowledge of the fundamentals of accounting. Not open to students who have credit in ACCT 201 and/or ACCT 202.

Description: Fundamentals of accounting analysis which are most helpful in understanding managerial and business concepts and practices.

This course is a prerequisite for: BLAW 371H; BLAW 372; SCMA 350H

Course details
Credit Hours:4
Max credits per semester:4
Max credits per degree:4
Grading Option:Graded

Credit Hours:4

ACE:

ACCT308
Intermediate Managerial Accounting

Prerequisites: ACCT 201 or 201H and ACCT 202 or 202H, both with grades of 'C' or better; ECON 215 or STAT 218, SCMA 350 and MATH 104 or 106.

Description: Accounting concepts and tools that allow business managers and owners to make insightful and data-driven decisions. Cost behavior, relevant costs, capital budgeting, and cost-volume-profit tools aid in planning business strategies. Budgets and variances help in controlling business operations. Responsibility accounting, transfer pricing, and ratio analysis are useful in measuring operational performance.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

ACCT309
Accounting Systems and Analytics

Prerequisites: ACCT 201 or 201H and ACCT 202 or 202H, both with grades of 'C' or better; and MATH 104 or 106, and SCMA 250.

Description: Examination of accounting information system concepts, applications, and the process by which they are analyzed, designed, and implemented. Emphasis on business decision making through data analytics in financial, auditing, and management accounting contexts.

This course is a prerequisite for: ACCT 401; ACCT 404; ACCT 410; ACCT 455

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded
Offered:FALL/SPR

Credit Hours:3

ACE:

ACCT312
Introduction to Income Taxation

Prerequisites: ACCT 201 or 201H and ACCT 202 or 202H, both with grades of 'C' or better; Co-requisite: to be taken concurrently with or after ACCT 313.

Description: Introduction to federal income tax law with emphasis on the tax implications of business and investment activities.

This course is a prerequisite for: ACCT 395A; ACCT 413; ACCT 455; ACCT 816; FINA 421; FINA 422

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded
Course and Laboratory Fee:$20

Credit Hours:3

ACE:

ACCT313
Intermediate Financial Accounting I

Prerequisites: ACCT 201 or 201H; with a grade of 'C' or better.

Description: Analysis and application of current and emerging financial accounting concepts and techniques, with a focus on the recognition and measurement of revenues and assets. Development of skills to recognize important accounting issues, ask critical questions, and analyze the impact of business transactions on financial statements.

This course is a prerequisite for: ACCT 312; ACCT 314; ACCT 395A; ACCT 407

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

ACCT314
Intermediate Financial Accounting II

Prerequisites: ACCT 313 with grade of 'C' or better.

Description: Continuation of ACCT 313 that examines current and emerging financial accounting concepts and techniques, with a focus on long-term liabilities, income tax allocation, pensions, leases, and corporate equities. Development of skills to recognize important accounting issues, ask critical questions, and thoroughly analyze financial statements, including the statement of cash flows.

This course is a prerequisite for: ACCT 401; ACCT 404; ACCT 410; ACCT 455

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

ACCT391
Special Topics

Prerequisites: Permission of director of the School of Accountancy.

Description: Topics vary.

Course details
Credit Hours:1-3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded with Option

Credit Hours:1-3

ACE:

ACCT395
Professional InternshipCrosslisted with BSAD 395, ACTS 395, ECON 395, FINA 395, MNGT 395, SCMA 395

Prerequisites: An undergraduate major in the College of Business with at least sophomore standing and departmental consent and acceptance into an approved internship. Departmental credit for course cross-listings may have additional requirements for consent.

May be repeated.

Description: Provides an opportunity to study theories, principles, practices, techniques, and strategies utilized in the business field through an internship related to the major field of study and an integral or important part of their program of study. Reflect on classroom knowledge and develop practical experience in professional business situations through an approved internship.

Course details
Credit Hours:0-3
Max credits per semester:3
Max credits per degree:6
Grading Option:Graded with Option
Experiential Learning:Internship/Co-op

Credit Hours:0-3

ACE:

ACCT395A
Accounting Internship

Prerequisites: ACCT Major; ACCT 312 and ACCT 313, both with grades of 'C' or better; permission of director of the School of Accountancy.

Description: Provides an opportunity to study theories, principles, practices, techniques, and strategies utilized in the accounting profession through a full-time internship for nine or more weeks during the spring semester. Reflect on classroom knowledge and develop practical experience in professional business situations through an approved internship.

Course details
Credit Hours:1-3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded with Option

Credit Hours:1-3

ACE:

ACCT396
Independent Study

Prerequisites: Permission of director of the School of Accountancy.

Open to juniors and seniors concentrating in accounting.

Description: Special research project or reading program under the direction of a faculty member within the School of Accountancy.

Course details
Credit Hours:1-6
Max credits per semester:6
Max credits per degree:6
Grading Option:Graded with Option

Credit Hours:1-6

ACE:

ACCT396H
Honors: Independent Study

Prerequisites: Good standing in the University Honors Program or by invitation, and permission of the supervising faculty member and director of the School of Accountancy. Credit toward the degree cannot be earned in both ACCT 396 and ACCT 396H.

Description: Special research project or reading program under the direction of a faculty member within the School of Accountancy.

Course details
Credit Hours:3-6
Max credits per semester:6
Max credits per degree:6
Grading Option:Graded

Credit Hours:3-6

ACE:

ACCT401
Fraud Examination and Internal Audit

Prerequisites: ACCT Major or Permission; ACCT 309 and ACCT 314, both with grades of 'C' or better.

Description: Principles and methodologies of detecting and deterring fraud using accounting, auditing, and investigative skills. Also introduces the fundamentals of internal auditing in a changing business environment.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded
Offered:FALL/SPR

Credit Hours:3

ACE:

ACCT404
Advanced Financial Accounting

Prerequisites: ACCT Major or Permission; ACCT 309 and ACCT 314, both with grades of 'C' or better.

Description: In-depth study of complex topics in financial accounting, including combined and consolidated financial statements; equity method accounting; partnership accounting; accounting for foreign currency transactions and translations; hedge accounting; segment accounting; and governmental and not-for-profit accounting.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded
Offered:FALL/SPR

Credit Hours:3

ACE:

ACCT407
Ethics and Accountant's Professional Responsibility

Prerequisites: ACCT Major or Permission; ACCT 313 with a grade of 'C' or better.

Description: Role of a professional accountant, codes of accountants, ethical decision making, the legal, regulatory and social environment in which an accountant makes an ethical decision.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

ACCT410
Auditing

Prerequisites: ACCT Major or Permission; ACCT 309 and ACCT 314, both with grades of 'C' or better.

Description: Audit environment, generally accepted audit standards, audit risk, materiality, audit evidence, the audit report, and other special issues in auditing.

This course is a prerequisite for: ACCT 802

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

ACCT413
Corporate Tax Accounting

Prerequisites: ACCT Major or Permission; ACCT 312 with a grade of 'C' or better.

Description: Federal income taxation for corporations. Tax laws associated with formation, operation, distribution, redemption, and reorganizations are analyzed.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

ACCT455
Research and Communication in Accounting

Prerequisites: ACCT Major or Permission; ACCT 309, ACCT 312, and ACCT 314, all with grades of 'C' or better.

Description: Improvisation, professional writing, and professional presentations.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded
Offered:FALL/SPR
Experiential Learning:Case/Project-Based Learning

Credit Hours:3

ACE:

ACCT499H
Honors Thesis

Prerequisites: Good standing in the University Honors Program or by invitation, and permission.

Description: Conduct a scholarly research project and write a University Honors Program or undergraduate thesis.

Course details
Credit Hours:3-6
Max credits per semester:6
Max credits per degree:6
Grading Option:Graded

Credit Hours:3-6

ACE: