The following courses are required for the accounting major:

BA123	Introduction to Business
BA401	Professional Development and Strategies
ECO213/223	Macroeconomics & Microeconomics
AC203/213	Accounting I & II
BA343	International Business
FIN303	Managerial Finance
LAW203	Business Law I
MGT353	Designing Operations
MGT363	Strategic Management
MK303	Marketing
FIN313	Corporate Finance
FIN353	Personal Finance
FIN343	International Finance
AC303	Cost Accounting
AC423	Cost Accounting
AC373	Accounting Information Systems
AC323	Intermediate Accounting I
AC333	Intermediate Accounting II
AC403	Advanced Accounting
AC463	Auditing
Management and Business electives (1 course)*

*The faculty recommend that all business students take an internship in an area of business related to their field of study.

ACCOUNTING

AC 203 ACCOUNTING I 3-0-3
This course is a study of the accounting process and the use of accounting information in business decisions. Topics include the processing of accounting information, income measurement, accrual accounting and accounting for assets, liabilities and equity in the corporate environment. The complete accounting cycle for a service and merchandising business and software applications are included. Prerequisites: CS 103 (or a CS equivalent), MA 103, or permission of the instructor

AC 213 ACCOUNTING II 3-0-3
This course includes the accumulation and use of accounting information by management in planning, control and decision-making. Topics include product costing, budgeting, cost-volume-profit relationships, variable costing and statement of cash flows. Software applications are included. Prerequisite: AC 203

AC 303 COST ACCOUNTING 3-0-3
Managerial accounting concepts, objectives, techniques, and systems are examined to provide information about financial and non-financial performance measurement. Cost accumulation, allocation, and variance analysis are studied in the context of performance evaluation and responsibility accounting in an organization. Emerging cost concepts and systems are also examined. The course uses computer applications. Prerequisite: AC 213

AC 323 INTERMEDIATE ACCOUNTING I 3-0-3
This course introduces comprehensive accounting theory and practice with emphasis on financial statement preparation and analysis. Current problems of corporate accounting and reporting are thoroughly covered, including cash, inventories, fixed assets, intangible assets, and marketable securities. The course uses computer applications. Prerequisite: AC 213

AC 333 INTERMEDIATE ACCOUNTING II 3-0-3
This is a continuation of Intermediate Accounting I. Areas covered include contingent liabilities, capital structure, leases, revenue recognition, earnings per share, pensions, and income taxes. This course uses computer applications. Prerequisite: AC 323

AC 373 ACCOUNTING INFORMATION SYSTEMS 3-0-3
This course is designed to provide a working knowledge of accounting information system concepts. The course will emphasize designing and/or evaluating accounting systems in terms of both system controls and meeting internal control objectives. The course uses computer applications. Prerequisites: CS 113, FIN 303

AC 403 ADVANCED ACCOUNTING 3-0-3
This course covers specialized topics in accounting including branches, segment reporting, business combinations, consolidated financial statement preparation and accounting for partnerships. This course uses computer applications. Prerequisite: AC 333

AC 413 GOVERNMENTAL AND NOT-FOR-PROFIT ACCOUNTING 3-0-3
This course introduces fund accounting and covers the theory and accounting process for governmental and not-for-profit organizations. The accounting for estates and trusts is also included. This course uses computer applications. Prerequisite: AC 333

AC 423 INCOME TAX 3-0-3
This course introduces basic concepts of tax law with the emphasis on the underlying concepts common to all entities as they relate to everyday economic life. Special emphasis is placed on taxation of individuals and corporations. Computerized income tax preparation and research are included. Prerequisite: AC 213

AC 433 ADVANCED INCOME TAX 3-0-3
This course includes specialized topics including taxation of partnerships and other conduit entities. Property transactions, specialized topics and tax research are covered. Computerized preparation of tax returns for various entities is included. Prerequisite: AC 423

AC 463 AUDITING 3-0-3
Auditing theory, objectives, and procedures leading to the auditor’s opinion on the financial statements are studied. Internal control and its evaluation, auditing standards, and the use of statistical sampling in the audit process are covered in depth. This course uses auditing software applications. Prerequisite: AC 323

AC 473 CPA TOPICS 3-0-3
This course is designed for those accounting majors planning to sit for the CPA exam. It includes the solving of practical accounting problems, advanced topics such as current statements of the Financial Accounting Standards Board, current statements on auditing procedures, and tax topics. This course uses software applications. Prerequisite: AC 333

AC 48X AUDITING INTERNSHIP VARIED (1-6 HRS.)
This course is open to a limited number of accounting majors. The course involves paid employment as an internship employee with a cooperating certified public accounting firm. Normally, this employment will be during the spring semester. The student will prepare a comprehensive written report concerning the experience and sit for an oral examination by the accounting instructors upon his/her return. A written report will also be submitted by the cooperating accounting firm. Prerequisite: AC 333 and the permission of the student’s advisor.

AC 493 SELECTED TOPICS IN ACCOUNTING 3-0-3
This course treats specific or current accounting issues and problems in depth. Prerequisite: Permission of the instructor