Accounting
The accounting curriculum emphasizes developing an understanding of the social, ethical, economic, legal, and regulatory environments that affect accounting. Development of problem solving, decision making, communication, and leadership skills, in addition to business and accounting knowledge, are emphasized. Accounting faculty members are available to consult with students wishing to pursue careers in any of the above-mentioned areas. Click here for information regarding the CPA Exam.
In addition to general education, pre-business, and business core courses, students intending to concentrate in accounting should complete the following course work:
(Click on courses to view descriptions)
Credits: 3
Category: Required for Accounting Concentrations
Pre-requisites: BUS 181, BUS 201, BUS 202, and their prerequisites, at least junior standing
Offered: 1 section in Fall, 1 section in Winter, occasionally 1 section in Spring/Summer
Instructional Format: In-class and online
Description: Collecting, analyzing and controlling cost of manufacturing a product or rendering a service. Particular emphasis on cost accounting systems, allocations, and providing different costs for different purposes in helping shape business strategy.
Credits: 3
Category: Required for Accounting and Elective Finance Concentrations
Pre-requisites: BUS 181, BUS 201, BUS 202, and their prerequisites, at least junior standing
Offered: 1 section in Fall, 1 section in Winter
Instructional Format: In-class and online
Description: Introduction of accounting theory and focus on problems associated with acquisition, maintenance, depreciation and replacement of assets. Also includes income statement, balance sheet, current assets, investments, plant assets, and natural resources.
Credits: 3
Category: Required for Accounting and Elective Finance Concentrations
Pre-requisites: BUS 321, and its prerequisites
Offered: 1 section in Fall, 1 section in Winter
Instructional Format: In-class
Description: Continues with accounting theory and practice. Intangible assets, long-term investments, long-term debt, stockholders' equity, pension plans, leases, income taxes, changes in financial position, analysis of statements, and current accounting issues are covered.
Credits: 3
Category: Required for Accounting Concentration
Pre-requisites: BUS 201, BUS 202, BUS 381, and their prerequisites
Offered: 1 section in Fall, 1 section in Winter
Instructional Format: In-class and online
Description: Technology and methods underlying financial record keeping systems; flow charting of financial and cost data movements; attention to accounting applications of computing systems and computer-assisted decision models. Designing and implementing databases for financial and managerial decision-making purposes. This course includes extensive use of cases.
Electives – choose one course from:
Credits: 3
Category: Required for Accounting and Elective Finance Concentrations
Pre-requisites: BUS 321, and its prerequisites
Offered: 1 section in Fall, 1 section in Winter
Instructional Format: In-class
Description: Continues with accounting theory and practice. Intangible assets, long-term investments, long-term debt, stockholders' equity, pension plans, leases, income taxes, changes in financial position, analysis of statements, and current accounting issues are covered.
Credits: 3
Category: Elective for all concentrations
Pre-requisites: At least junior standing
Offered: Every term
Instructional Format: Independent
Description: Business Internship Program job assignment, planned by student, supervisor, and coordinator. Duties will relate to student’s academic program. May be repeated once for credit.
Credits: 3
Category: Elective for Accounting Concentration
Pre-requisites: BUS 323, and its prerequisites
Offered: 1 section in Fall
Instructional Format: In-class
Description: Advanced federal income tax concepts, related to corporations, shareholders, "S" corporations, partnerships, trusts and estates.
Credits: 3
Category: Elective for Accounting Concentration
Pre-requisites: BUS 211, BUS 320, prior or concurrent BUS 322, prior or concurrent 421, and their prerequisites; senior standing
Offered: 1 section in Fall, 1 section in Winter
Instructional Format: In-class
Description: Financial and operational auditing theory, objectives, and procedures required for careers in public, managerial, and governmental accounting. Auditing procedures and standards, internal control, statistical sampling, audit of electronic data processing systems, audit reports, professional ethics, and auditor's legal and societal environment.
Credits: 3
Category: Elective for Accounting Concentration
Pre-requisites: BUS 322, and its prerequisites
Offered: 1 section in Fall or Winter
Instructional Format: In-class
Description: Accounting for business combinations and consolidated statements, partnerships, installment sales, segment and interim reporting, and other topics.
Credits: 3
Category: Elective for Accounting, Finance and Operations Management Concentrations
Pre-requisites: BUS 361, and their prerequisites
Offered: 1 section in Winter
Instructional Format: In-class and online
Description: For accounting and finance students. Uses and interpretation of public accounting statements and economic data from the markets. Use of quantitative methods to analyze, forecast, and examine market reactions to data. Emphasis on real world cases and communication of results through brief written reports and presentations.
Credits: 2
Category: Elective for Accounting Concentration
Pre-requisites: BUS 181, BUS 201, BUS 202, and their prerequisites; at least junior standing
Offered: occasionally 1 section in Spring/Summer
Instructional Format: In-class and online
Description: Accounting cycle; governmental accounting; budget process; principles of fund accounting; accounting for educational institutions, health care and welfare organizations; use of accounting data.
Credits: 2
Category: Elective for Accounting Concentration
Pre-requisites: BUS 201, BUS 202
Offered: 1 section in Winter
Instructional Format: In-class
Description: Preparation to participate in the volunteer income tax assistance (VITA) program. Training in tax return preparation, and interpersonal and computer skills. Preparation of income tax returns.
