ACCT - Accounting (ACCT)

ACCT 209 Survey of Accounting Principles

Credits 3. 3 Lecture Hours.

Accounting survey for non-business majors; non-technical accounting procedures, preparation and interpretation of financial statements and internal control. May not be used to satisfy degree requirements for majors in business. Business majors who choose to take this course must do so on a satisfactory/unsatisfactory basis.

ACCT 210 Survey of Managerial and Cost Accounting Principles

Credits 3. 3 Lecture Hours.

A survey of managerial and cost accounting for non-business majors; accounting responsibility of the manager, job and process cost systems, budgeting, cost-volume-profit analysis for decision-making. May not be used to satisfy degree requirements for majors in business. Business majors who choose to take this course must do so on a satisfactory/unsatisfactory basis.
Prerequisite: ACCT 209.

ACCT 229 Introductory Accounting

Credits 3. 3 Lecture Hours.

(ACCT 2301, 2401) Introductory Accounting. Analysis, recording and reporting of business transactions; partnership and corporation accounting; analysis and use of financial statements.
Prerequisite: Sophomore classification.

ACCT 230 Introductory Accounting

Credits 3. 3 Lecture Hours.

(ACCT 2302, 2402) Introductory Accounting. Continuation of ACCT 229. Use of budgets; introduction to cost accounting; cost control techniques and methods of measuring performance.
Prerequisites: ACCT 229 and sophomore classification.

ACCT 310

Credits 2. 2 Lecture Hours.

ACCT 315 Intermediate Accounting for Non-Accounting Majors I

Credits 3. 3 Lecture Hours.

Revenue recognition, principles of asset valuation, and disclosure requirements for corporations; interpretation of financial statements, rather than their preparation. May not be used as a directed or free elective for accounting majors and does not count towards the accounting requirement for the CPA exam.
Prerequisite: ACCT 230 and admission to upper division in Mays Business School.

ACCT 316 Intermediate Accounting for Non-Accounting Majors II

Credits 3. 3 Lecture Hours.

Includes the measurement and disclosure requirements for liabilities and stockholders' equity, SEC registration statements, and cash flow reporting; focus on the analysis and interpretation of financial statements rather than their preparation. Does not qualify as a directed or free elective for accounting majors and does not count towards the accounting requirement for the CPA exam.
Prerequisite: ACCT 315 or ACCT 327.

ACCT 320 Accounting Communications

Credits 3. 3 Lecture Hours.

Development of oral and written communication skills
prerequisite to successful careers in public and corporate accounting. Prerequisite: Admission to Professional Program.

ACCT 321 Professional Development Seminar

Credits 2. 2 Lecture Hours.

Exposure to professional issues of professional accounting practice using a workshop format.
Prerequisite: Admission to Professional Program.

ACCT 322 Professional Development Seminar – BBA

Credit 1. 1 Lecture Hour.

Exposure to professional issues in the practice of accounting, including potential careers and employers.
Prerequisite: ACCT 327 with a grade of C or better.

ACCT 327 Financial Reporting I

Credits 3. 3 Lecture Hours.

Study of theoretical basis for financial accounting concepts and principles related to financial reporting; emphasizing income measurement and accounting for assets. BBA accounting majors must earn a minimum grade of C for graduation.
Prerequisite: ACCT 230 and admission to upper division in Mays Business School.

ACCT 328 Financial Reporting II

Credits 3. 3 Lecture Hours.

Continued study of accounting concepts and principles related to reporting long-debt and owners' equity; including reporting issues of leases, retirement benefits, income taxes and international accounting standards.
Prerequisite: ACCT 327 with a grade of C or better.

ACCT 329 Cost Management and Analysis

Credits 3. 3 Lecture Hours.

Theory, concepts and methods relating to use of information and design of systems to aid managers in planning, controlling, decision making, evaluating performance and reporting financial results.
Prerequisite: ACCT 315 or ACCT 327 with a grade of C or better.

ACCT 403 Energy Accounting

Credits 3. 3 Lecture Hours.

Overview of the oil and gas industry and specialized financial accounting procedures associated with the industry; emphasis on accounting for exploration, development, production, depletion and amortization, joint operations, asset impairment and retirement obligation; includes reserve accounting/disclosure related to the above topics.
Prerequisite: ACCT 327 with C or better.

ACCT 405 Income Tax

Credits 3. 3 Lecture Hours.

Introduction to federal income tax legislation pertaining primarily to corporations and individuals.
Prerequisite: ACCT 327 with a grade of C or better.

ACCT 407 Auditing

Credits 3. 3 Lecture Hours.

Introduction to auditing theory and procedures pertaining to financial statements, in the context of both external auditing, by certified public accountants, and internal auditing; preparation of working papers.
Prerequisite: ACCT 327 with a grade of C or better.

ACCT 408 Internal Auditing

Credits 3. 3 Lecture Hours.

Reading and evaluation of current theory and procedures used by internal auditors; selected case studies; statistical methods of forming auditing judgment.
Prerequisite: ACCT 327 with a grade of C or better.

ACCT 410 Fraud Examination

Credits 3. 3 Lecture Hours.

Principles and methodologies of detecting and deterring fraud using accounting, auditing, and investigative skills; includes skimming, larceny, misappropriations, fraudulent statements, interviewing witnesses and support for litigation.
Prerequisites: ACCT 327 with a grade of C or better; junior or senior classification.

ACCT 421 Critical Communication Skills for Accountants

Credits 2. 2 Lecture Hours.

Development of oral and written communication skills
prerequisite to successful careers in public and corporate accounting. Prerequisite: ACCT 327 with a grade of C or better.

ACCT 425 Corporate Tax Planning

Credits 3. 3 Lecture Hours.

Integration of tax regulations into overall corporate finance planning and decision making cycle.
Prerequisite: ACCT 405.

ACCT 426 Taxation of Low-Income Filers

Credits 3. 3 Lecture Hours.

Overview of the Federal income tax and its impact on low-income filers; includes socio-economic forces impacting low-income families and individuals; topics explored through community service and academic learning.
Prerequisites: Admission to upper division in Mays Business School and approval of instructor.

ACCT 427 Accounting and Financial Information Systems

Credits 3. 3 Lecture Hours.

Overall data flow systems emphasizing financial data and computerized systems, for accounting majors; flow and logic concepts, developing meaningful control concepts and data reporting techniques.
Prerequisite: ACCT 327 with a grade of C or better.

ACCT 445/IBUS 445 International Accounting

Credits 3. 3 Lecture Hours.

Introduction and examination of accounting issues unique to multinational enterprises and international business activity.
Prerequisites: ACCT 315 or ACCT 327; FINC 341.
Cross Listing: IBUS 445/ACCT 445.

ACCT 447/FINC 447 Financial Statement Analysis

Credits 3. 3 Lecture Hours.

Development of an analytical approach to financial statements, integrating relevant finance and accounting concepts and principles; current topics in financial analysis.
Prerequisites: ACCT 315 or ACCT 327; FINC 341 with a grade of C or better.
Cross Listing: FINC 447/ACCT 447.

ACCT 450 Accounting Ethics

Credits 3. 3 Lecture Hours.

Integration of ethical reasoning, objectivity, independence and other core values into the development of a professional accountant; critical analysis of the ethical lapses which have occurred in business and the accounting profession; exploring ways to integrate ethical behavior into professional life.
Prerequisites: ACCT 328; junior or senior classification.

ACCT 484 Accounting Internship

Credits 3. 6 Other Hours.

A practicum in accounting under the supervision of accounting practitioners; one semester program for each student participant. Free elective only and must be taken on a satisfactory/unsatisfactory basis.
Prerequisites: Accounting major and approval of department head.

ACCT 485 Directed Studies

Credits 1 to 3. 1 to 3 Other Hours.

Directed study of selected problems in the area of accounting not covered in other courses.
Prerequisites: Accounting major and approval of department head.

ACCT 489 Special Topics in...

Credits 1 to 4. 1 to 4 Lecture Hours.

Selected topics in an identified area of accounting. May be repeated for credit.
Prerequisites: Admission to upper division in Mays Business School and approval of instructor.

ACCT 491 Research

Credits 1 to 4. 1 to 4 Lecture Hours.

Research conducted under the direction of an accounting faculty member in Mays Business School or a faculty member in the Office of Undergraduate Research. May be repeated one time for credit.
Prerequisites: Junior or senior classification and approval of instructor.