ACC - Accounting

Emphasizes the process of generating and communicating accounting information in the form of financial statements to those outside the organization. No prerequisite.

Emphasizes the process of producing accounting information for the internal use of a company's management. Prerequisite: ACC-201.

A course in basic accounting including an emphasis on understanding how systems work, analysis of transactions, journals and ledgers, financial statements, and accounting information as a management tool.

This course introduces the student to the Microsoft Spreadsheet application. The course provides training in the use of spreadsheets for the accounting profession. The student is taught to automate many of the routine accounting functions. The student will also be taught how to develop spreadsheets for common business functions. Prerequisite: ACC-201

This is a comprehensive payroll course in which federal and state requirements are studied. This includes computation of compensation and withholdings, processing and preparation of paychecks, completing deposits and payroll tax returns, informational returns, and issues relating to identification and compensation of independent contractors. In addition, students will overview electronic commercial systems such as ADP, as well as review the requirements for certification through the American Payroll Association (APA).

This course is an introduction to the federal tax system. This includes the basic income tax models, business entity choices, the tax practice environment, income and expense determination, property transactions, and corporate, sole proprietorship, and flow-through entities. In addition, individual and wealth transfer taxes will be overviewed.

A seminar class with the objective of using a current book and/or articles as the basis for discussing new ideas or issues facing the accounting profession. In addition to raising awareness of new ideas and issues, the course requires each student to evaluate the practical application of these new ideas and issues in relation to their discipline. The course may be repeated for a total of 3 hours. Prerequisite: Admission to the Division.

During this course students will integrate planning and managerial accounting concepts into tactical and strategic business decisions for controlling purposes. This course will include appraisal of business decisions using the cost volume profit analysis and will integrate managerial accounting concepts, systems, and tools using a biblical perspective.

A study of the theoretical foundation and concepts related to financial accounting and reporting. Specific topics include accounting information systems, income statement, balance sheet and reporting standards for cash, receivables, inventories, plant assets, depreciation and the statement of cash flows. The course also includes a study of financial accounting and reporting similiarities and differences related to the convergence of GAAP and International Accounting Standards. Course content will be updated to reflect the CPA Exam Blueprint. Prerequisites for DeVoe School of Business, ACC-201 or equivalent; Prerequisites for DeVoe Division of Business Accounting Majors: ACC-202 and a minimum cumulative GPA of 2.5. Prerequisites for all other majors within the DeVoe Division of Business: Admission to the DeVoe Division of Business.

A study of the theoretical foundation and concepts related to financial accounting and reporting. Specific topics include stockholders' equity, leases, current and long-term liabilities, revenue, recognition, income taxes, pensions, error analysis, and the statement of cash flows. The course also includes a study of financial accounting and reporting similarities and differences related to the convergence of GAAP and International Accounting Standards. Course content will be updated to reflect the CPA Exam Blueprint. Prerequisites for DeVoe School of Business: ACC-311 or equivalent; Prerequisites for DeVoe Division of Business Accounting Majors: ACC-311 and a minimum cumulative 2.5 GPA. Prerequisites for all other majors within the DeVoe Division of Business: ACC-311 and Admission to the DeVoe Division of Business.

An examination of the management information needs for effective decision-making and the managerial accounting system designed to meet those needs. Emphasis is placed on cost behavior and the determination of an organization's long-term, total product costs and total service costs for strategic decisions. Prerequisites: Admission to the Division and ACC-202.

An examination of the management information needs for effective decision-making and the managerial accounting system designed to meet those needs. Emphasis is placed on control systems and the motivation, measurement, and evaluation of short-term and long-term performance. Prerequisites: Admission to the Division and ACC-341.

A comprehensive study of the federal income tax structure as primarily related to individuals. Prerequisites: Admission to the Division and ACC-202.

A comprehensive study of the federal income tax structure as related primarily to business returns and related topics, including payroll taxes, estates, and trusts. Prerequisites: Admission to the Division and ACC-371.

An opportunity for advanced students to obtain valuable work experience and gain expertise in relating classroom material to actual business endeavor. A professional quality paper analyzing one or more business applications will be prepared under departmental faculty supervision. Prerequisites: Admission to the Division and ACC-312.

This travel course provides students with the opportunity to briefly immerse themselves in other cultures so that they can better understand how businesses operate elsewhere in the world. Students will explore first-hand how business decision-making is impacted by cultural, political, economic and social differences as well as the cultural complexities of differing values and beliefs. Students will also explore the role that American business can play in mutually beneficial relationships across borders. Learning to adapt to the various challenges associated with international travel and living in another culture will be a significant part of the students' experience. Intercultural credit may be met by successfully completing ACC-390/BUS-390. Prerequisite: Admission to the Division and International Trip Application Approval.

Service-Learning is an educational experience in which students participate in organized service activities that meet identified community and/or university needs. Prerequisite: Admission to the Division.

This course is designed to provide a broad awareness of the concepts of accounting information systems. Topics considered include data integrity, data-flow, information-flow, information technology, and how these items impact managerial decision-making. Prerequisites: Admission to the Division and ACC-311.

Auditing principles and procedures used in the examination of financial statements and the underlying accounting records to express an opinion as to their fairness and consistency. Prerequisites: Admission to the Division and ACC-312.

Students completing this insightful course will have a comprehensive understanding of and the ability to make ethical and moral decisions involved with the accounting profession. During the course students will explore virtue ethics as a basis for understanding the moral expectations that are foundational principles of successful, professional accountants.

Advanced topics in accounting, stressing accounting for consolidations, partnerships, and not-for-profit organizations. Prerequisites: Admission to the Division and ACC-312.

An opportunity for advanced students to pursue further study in an accounting field of interest in which they have exhausted catalog offerings. Prerequisites: Admission to the Division, Senior Standing, and ACC-312.

This course covers one or more special topics in Accounting that is not covered in the normal curriculum. It is always offered with a subheading describing the specific topic(s) to be covered and is repeatable under a different subheading. Prerequisite: Permission of the instructor.

An opportunity for accounting majors to experience the professional responsibilities of the CPA in a public accounting firm (or the accounting department or not-for-profit organization) during a semester-long full-time internship. This work experience is intended to provide the accounting major with opportunities for intensive observation of business and accounting principles in action as well as engagement in the critical thinking and problem solving aspects of the accountant's professional life. Prerequisite: Admission to the Division and ACC-312.

A capstone accounting course focusing on current issues and special topics. Student-led discussions and presentations, as well as guest speakers, are used extensively in the classroom portion of the course which provides two hours of credit. Students prepare presentations, oral and written, to satisfy the third credit hour. Prerequisite: ACC-423 and ACC-451.

This course demonstrates financial statement preparation for proprietorships, Subchapter S corporations, partnerships and selected not-for-profit organizations including healthcare in accordance with Generally Accepted Accounting Principles. Accounting principles and applications relevant to Other Comprehensive Basis Of Accounting (or OCBOA) systems will also be presented.

Students will learn the auditing process and applicable auditing standards for non-publicly traded companies. This course covers the Sarbanes Oxley Act of 2002, which requires accuracy and reliability in public disclosures pursuant to securities laws and its impact on internal control and management. Students will learn to identify occupational fraud and financial statement fraud. This course includes a financial statement fraud simulation.

This course reviews applicable tax policy for small business and how selecting the form of business entity can impact on the tax liability. The impact of specific tax regulations on the business will be examined including payroll taxes, employee vs. independent contractor rules and more.

This course defines information systems from the perspective of the organizational manager. Students will learn and apply internal controls to the business process and will understand electronic business systems and related internal controls. Various business processes will be presented including: Order Entry/Sales; Billing/Accounts Receivable/Cash Receipts; Purchasing; General Ledger and Business Reporting (financial statements). This course includes an accounting systems simulation.