ACCT 1101 – Principles of Financial Accounting

3 credits

An introduction to the principles, and practice, of accounting. Emphasis is placed on the fundamentals of recording, adjusting, analyzing, and reporting financial information in accordance with Generally Accepted Accounting Principles.

Includes the study of the accounting for cash, accounts receivable, inventory, fixed assets, accounts payable, liabilities, revenues and expenses.

ACCT 1102 – Principles of Managerial Accounting

3 credits | Prerequisite: ACCT 1101

An introduction to the use of accounting data in managerial decision making with an emphasis on the capital structure of corporations, financial statement analysis and managerial accounting techniques.

Content includes corporate organization, accounting for equity transactions, long-term obligations and investments, ratio analysis of financial statements, cost measurement systems, cost-volume-profit analysis, and budgeting.

ACCT 2201 – Intermediate Accounting I

3 credits | Prerequisite: ACCT 1102

Intermediate Accounting I provides an in-depth study of the conceptual framework of accounting as it relates to recording, reporting, and disclosing financial information on the Balance Sheet, Income Statement, and Cash Flow Statement.

Emphasis is placed on the accounting procedures for measuring, recording, and reporting Assets. Recent developments in accounting standards and practice are also covered.

ACCT 2202 – Intermediate Accounting II

3 credits | Prerequisite: ACCT 2201

A continuation of the in-depth study of financial accounting with a concentration on the liabilities and stockholder's equity accounts of the Balance Sheet.

Other topics include financial statement analysis, error analysis, and accounting for income taxes, retirement benefits, and leases.

ACCT 2206 – Managerial Cost Accounting

3 credits | Prerequisite: ACCT 1102

Managerial Cost Accounting provides a detailed examination on the use of accounting information in managerial decision-making. Special emphasis is placed on costing techniques used in manufacturing, budgeting, differential analysis, and performance measurement.

ACCT 2209 – Not-for-Profit Accounting

3 credits | Prerequisite: ACCT 1105

This course introduces the accounting techniques and principles uniquely applicable to governmental and not-for-profit organizations. Topics include Governmental "Fund Accounting" and accounting for Public Colleges, Hospitals, and Private Not-For-Profits.

ACCT 2210 – Tax Accounting

3 credits

This is an introductory course in personal tax accounting. Emphasis is on the principles of federal income taxation as they relate to individuals and simple trusts, including the laws, rulings, and regulations that govern the preparation of individual tax returns.

ACCT 2221 – Auditing

3 credits | Prerequisite: ACCT 1105 or ACCT 1102

This course will provide a sweeping overview of auditing. Special attention will be given to the nature and economic purpose of audits, auditing standards, professional ethics, auditor's legal liability, the study and evaluation of internal control, the nature of audit evidence, forensic auditing, and auditing techniques.

ACCT 2230 – Computerized Accounting (Quickbooks)

3 credits | Prerequisite: ACCT 1101

A hands-on study of the market leading small business accounting software, QuickBooks Online. Emphasis is placed on using QuickBooks to record transactions and report financial information for both new and existing businesses.

At the conclusion of the course, students may attempt to earn QuickBooks User Certification by taking the proctored QuickBooks Certification exam.

ACCT 2299 – Seminar

1–6 credits

This course will be a discussion of particular problems related to the student’s chosen program and areas of interest.