Business Administration
(Accounting) Requirements

ACC 230, PRINCIPLES OF ACCOUNTING I, 3 credits
This course presents the fundamental principles of double-entry accounting and its usefulness in reporting financial information to individuals external to the business entity.Typical economic transactions are analyzed and then recorded. Prerequisite: College Algebra.

ACC 240, PRINCIPLES OF ACCOUNTING II, 3 credits
This course continues ACC 230 but emphasizes managerial accounting techniques. Prerequisite: ACC 230.

ACC 300, COST ACCOUNTING AND CONTROL, 3 credits
This course is a study of basic cost accumulation systems and refinements used to determine costs of products or activities in various types of enterprises. Classification of costs and revenues on several bases for various uses, budgeting and standard cost accounting, analyses of relevant costs and other data for decision-making will also be addressed. Prerequisite: ACC 310.

ACC 310, INTERMEDIATE FINANCIAL ACCOUNTING I, 3 credits
This is the first course in the two-course sequence that places emphasis on concepts underlying asset valuation and income measurement. Statements released by the Financial Accounting Standards Board will be considered as they affect the particular subject under study. Prerequisite: ACC 240.

ACC 320, INTERMEDIATE FINANCIAL ACCOUNTING II, 3 credits
This is the second course in the two-course sequence. The study of concepts underlying asset valuation and income measurement will be completed. Problem areas under consideration by the profession will be analyzed and discussed. Prerequisite: ACC 310.

ACC 330, FEDERAL TAXATION I, 3 credits
The course covers determination of taxable income with emphasis on the philosophy of taxation, including income concepts, exclusions from income, deductions, and credits. Research methodology is introduced. Prerequisite: ACC 230.

ACC 350, ACCOUNTING INFORMATION SYSTEMS, 3 credits
The course covers the structure of contemporary accounting systems with emphasis on controls, auditing, reporting, and efficient operation. Prerequisites: ACC 240 and BAD 110.

ACC 410, ADVANCED ACCOUNTING, 3 credits
This course is designed to critically examine generally accepted accounting principles as applied to branches, consolidations, foreign operations, corporate combinations, fiduciary arrangements, and insurance. Prerequisite: ACC 320.

ACC 420, ACCOUNTING SEMINAR, 3 credits
The topics to be examined in this course shall include, but will not be limited to accounting theory and underlying concepts and standards, control in nonprofit organizations, total quality management, and issues in international accounting. Prerequisite: Senior standing and permission of the instructor.

ACC 430, FEDERAL TAXATION II, 3 credits
This course will emphasize advanced aspects of income, deductions, exclusions, and credits, especially as applied to tax problems of partnerships and corporations. Prerequisite: ACC 240.

ACC 440, AUDITING, 3 credits
The study of auditing explores internal and external audits of business operations, including a review of EDP systems. The course is intended to consider the theory, the legal and ethical responsibilities of an auditor, and the methods of certifying financial statements. Prerequisite: ACC 320.