Courses

ACC 271 Principles of Accounting I.   Basic accounting concepts; preparation of financial statements. Emphasis on income determination and financial position.
Prerequisite: upper freshman standing.
3 hrs. 3 cr.

ACC 272 Principles of Accounting II.   Accounting concepts applied to partnerships and corporations; funds statements; financial statement analysis.
Prerequisite: ACC 271 with a grade of C or better.
3 hrs. 3 cr.

ACC 280 Business Law I.   Legal institutions; contract law and commercial paper law with focus on Uniform Commercial Code.
Prerequisite: Sophomore standing or permission of the accounting advisor.
3 hrs. 3 cr.

ACC 371 Intermediate Accounting I.  In-depth study of current concepts relating to accounting for assets and current liabilities.
Prerequisite: ACC 271 and ACC 272 both with a grade of C or better.
3 hrs. 3 cr.

ACC 372 Intermediate Accounting II.   Revenue recognition; accounting for investments, long-term liabilities, equities, income taxes, pensions, leases.
Prerequisite: ACC 271 and ACC 272 and ACC 371 all with a grade of C or better.
3 hrs. 3 cr.

ACC 373 Federal Income Taxation.  Principles of federal income taxation and the impact of taxes on individuals.
Prerequisite: ACC 271 and ACC 272 and ACC 371 and ACC 372 all with a grade of C or better or perm. chair.
3 hrs. 3 cr.

ACC 374 Cost Accounting.   Accumulation, analysis, presentation and use of cost data by management; budgets.
Prerequisite: ACC 271 and ACC 272 and ACC 371 and ACC 372 all with a grade of C or better or perm. chair.
3 hrs. 3 cr.

ACC 380 Business Law II.   Legal aspects of business organizations; agency, partnership and corporate relationships.
Prerequisite: ACC 280.
3 hrs. 3 cr.

ACC 471 Advanced Accounting I.   Accounting for branches and business combinations. Emphasis on preparation and analysis of consolidated statements. Contemporary accounting problems.
Prerequisite: ACC 271 and ACC 272 and ACC 371 and ACC 372 all with a grade of C or better.
3 hrs. 3 cr.

ACC 472 Advanced Accounting II.   Accounting theory and practice focused on partnerships, joint ventures, multinationals, government and public sector entities; not-for-profit accounting; interim and segment reporting; SEC problems, fiduciary accounting, bankruptcy.
Prerequisite: ACC 271 and ACC 272 and ACC 371 and ACC 372 all with a grade of C or better.
3 hrs. 3 cr.

ACC 473 Business Taxes.  Federal income taxation of partnerships and corporations; other special tax issues.
Prerequisite: ACC 271 and ACC 272 and ACC 371 and ACC 372 and ACC 373 all with a grade of C or better.
3 hrs. 3 cr.

ACC 475 Auditing.   Auditing theory and practices; ethics of accounting profession; procedures for auditing financial statements.
Prerequisite: ACC 271 and ACC 272 and ACC 371 and ACC 372 all with a grade of C or better.
Prerequisite or corequisite: ACC 471 with a grade of C or better.
4 hrs. 4 cr.

ACC 476 Computer Accounting Systems.   Computer in modern accounting systems. Development of facility with current spreadsheet and accounting software.
Prerequisite: ACC 372 and declaration as an accounting major.

ACC 480 Business Law III.  Sales and financing devices under Uniform Commercial Code; property; trusts and estates; bankruptcy; other selected topics.
Prerequisite: ACC 380.

ACC 490 Accounting & Auditing Research. Acquisition of research, analytical and communication skills. Provides coverage of fundamental knowledge and skills to conduct research as well as their application through announced readings, cases and research discussions on selected topics. Requires extensive Internet and library research including the use of FASB codification database.
Prerequisite: ECO 221.
Prerequisite or corequisite: ACC 475.
3 hrs. 3 cr.

ACC 367 Analysis of Financial Statements. Analysis, interpretation, and use of financial statements.
Prerequisite: ACC 372 and ECO 365 or adviser’s permission

ECO 498 Internship in Economics or Accounting.   1 hr, 1 cr.   Opportunities for working in positions of responsibility in professional institutions (including private firms, not-for-profit institutions, and government agencies) for academic credit. The position must provide opportunities for learning about some area of economics, accounting, business or related public policy. Credits may not be used towards the requirements for the Economics or Accounting Major. CR/NC grading is mandatory.
Prerequisite: Open only to qualified Economics or Accounting majors, upper Junior/Senior only. Enrollment is subject to approval of department Advisor. Course may be taken no more than twice.