Courses
and Programs 1999-2001 Courses
and Programs 1999-2001Acct
215. Legal Environment of Business
(3-0) Cr. 3. F.S.SS. Prereq: Sophomore classification. General
history, structure, and principles of law. The legal system, as
an agency of social control; good business practices, and tool
for change. The court systems, Constitution, torts, contracts,
administrative agencies, and agency law.
Acct 284. Financial Accounting
(3-0) Cr. 3. F.S.SS. Introduction to the basic concepts and
procedures of financial accounting from a user perspective. The
course examines the accounting cycle, business terminology, basic
control procedures, and the preparation and evaluation of
financial reports, with an emphasis on financial statement
analysis.
Acct 285. Managerial Accounting
(3-0) Cr. 3. F.S.SS. Prereq: 284. The essentials of managerial
accounting. Methodology and uses of internal managerial reports
in cost determination, cost control, pricing, and short-and
long-range planning.
Acct
316. Business Law
(3-0) Cr. 3. F.S. Prereq: 215. Continuation of 215. Sales under
the Uniform Commercial Code, negotiable instruments, secured
transactions, property transactions, partnerships, and wills and
estates.
Acct 383. Intermediate Managerial Accounting
(3-0) Cr. 3. F.S. Prereq: 285 or 508. Generation, communication
and use of information to assist management with planning,
control, and decision making in manufacturing and service
organizations. Includes traditional and contemporary models of
cost estimation, assignment, and control, responsibility
accounting, and nonrecurring decisions. Emphasis on developing
written and oral communication skills, as well as spreadsheet
capabilities.
Acct 385. Principles of Federal Income Tax
(3-0) Cr. 3. F.S. Prereq: 285 or 508. An overview of the
fundamentals of income tax related to individual taxpayers, and
concepts applicable to all tax entities. Basic coverage of
corporation and partnership income tax. Transaction planning to
maximize participation in preferential tax opportunities.
Acct 386. Intermediate Accounting I
(3-0) Cr. 3. F.S. Prereq: 285 or 508. The conceptual framework of
financial accounting. Communication of financial information on
the income and retained earnings statements, statement of cash
flows, and the balance sheet. Accounting concepts relating to
current and operational assets of the firm.
Acct 387. Intermediate Accounting II
(3-0) Cr. 3. F.S. Prereq: 386. Financial accounting and reporting
practices for business entities. Generally accepted accounting
principles (GAAP) relative to firm equity, income, investments,
taxes, employee benefits, leases, accounting changes and cash
flows. Discussion of current issues in financial accounting.
Acct 388. Governmental and Non-profit
Institution Accounting
(3-0) Cr. 3. F.S. Prereq: 386 or 508. Budgeting, accounting,
auditing, and financial reporting principles associated with
private and public nonprofit organizations. Includes survey of
state, local, municipal, and federal government accounting, as
well as accounting for colleges, universities, public schools,
health care facilities, voluntary health and welfare
organizations and other not for profit entities.
Acct
486. Advanced Income Tax
(3-0) Cr. 3. F.S. Prereq: 385, 386. Advanced topics in individual
taxation. A continuation of study in partnership and corporate
taxation. Extended study of property transactions. Fiduciary
entities. Federal estate and gift taxation. Tax administration
and practice Tax planning. Strongly recommended for those who
plan a career in public accounting. Nonmajor graduate credit.
Acct 487. Accounting Information Systems
(3-0) Cr. 3. Prereq: 386. Analysis of concepts and procedures
underlying the automated accumulation and processing of
accounting data. EDP internal control and audit techniques.
Trends in accounting information systems. Intended for the upper
level accounting major. Nonmajor graduate credit.
Acct 490. Independent Study
Cr. 1 to 3 each time taken. F.S.SS. Prereq: 285, senior
classification, permission of instructor.
Acct 496. Advanced Accounting Problems
(3-0) Cr. 3. F.S. Prereq: 387. Partnerships, branch operations,
accounting for business combinations and affiliated companies,
consolidated financial statements; reporting for multinational
operations. Nonmajor graduate credit.
Acct 497. Auditing I
(3-0) Cr. 3. F.S. Prereq: 387. The conceptual framework of
auditing. Rules of conduct. External reporting concepts. Audit
methodology including procedures for gathering evidence. Internal
control, audit verification, and the role of statistical sampling
in auditing for financial information systems. Nonmajor graduate
credit.
Acct 499. Auditing II
(3-0) Cr. 3. Prereq: 497. The application of auditing procedures
in the audit of the financial affairs of business. Audit and
control of computerized systems, fraud auditing. For students
with a strong professional interest in auditing. Nonmajor
graduate credit.
Acct 508. Survey of Financial and Managerial
Accounting
(2-0) Cr. 2. Prereq: Graduate classification. A general
introduction to both financial and managerial accounting
information. Financial topics covered include the use and
analysis of financial information, the regulatory environment and
the audit function, and the use of the internet and electronic
spreadsheets as a means of accessing and analyzing financial
data. Managerial topics covered include the use of accounting
information as a basis for management decisions, basic cost
concepts, cost-volume-profit analysis, just-in-time accounting
concepts, and product costing.
Acct 581. Decision Models in Accounting
(3-0) Cr. 3. Prereq: 383 or 508. Quantitative and decision-making
models such as cost estimation, inventory evaluation, and cost
minimization techniques. The focus of decision analysis
specifically applied to accounting problems.
Acct 583. New Technology and Management
Accounting
(3-0) Cr. 3. Prereq: 383 or 508. Just-in-time concepts, capital
investment decisions, activity-based costing, product costing,
quality costs, and performance measurement decisions. Focus will
be specific to accounting issues.
Acct 585. Tax Implications of Business
Decisions
(3-0) Cr. 3. S. Prereq: 285, 6 credits in accounting or 508. The
impact of federal tax legislation on the formation, operation and
liquidation or reorganization of entities. Income and estate
planning for executives.
Acct 589. Accounting and Taxation of
Agricultural Entities
(3-0) Cr. 3. F. Prereq: 285, 6 credits in accounting or 508.
Financial and cost accounting concepts and procedures for
agribusiness operations, including ABC costing, managerial
decisions including present value analysis and break-even point
analysis. Procedures and planning of income tax, including entity
selection. Transfer taxes as related to farming and ranching.
Acct 590. Special Topics
Cr. 1 to 3 each time taken. F.S.SS. Prereq: Permission of
instructor. For students wishing to do individual research in a
particular area of accounting. Acct 592. Financial Statement
Analysis. (3-0) Cr. 3. S. Prereq: 284 or 508. The presentation
and analysis of financial statement information from the point of
view of the primary users of such data: owners and creditors.
Topics covered will include the financial reporting system, the
primary financial statements, and effects of accounting method
choice on reported financial data.
Acct 596. International Accounting
(3-0) Cr. 3. Prereq: 284 or 508. Accounting and reporting
requirements and managerial issues faced by multinational
corporations. The international environment of standard setting
will be examined. Technical issues such as transfer pricing,
inflation accounting and taxation will be discussed.
Acct 598. Financial Accounting: Theory and
Contemporary Issues
(3-0) Cr. 3. F. Prereq: 496, 497, and 383 or 385. Theoretical
discussion of financial accounting choices and current
pronouncements of the Financial Accounting Standards Board. Asset
valuation models, income measurement alternatives and cash flow
analysis.