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ACCOUNTING 0430 Bookkeeping 1 credit hour Introduction to the accounting cycle of a service company, emphasizing rudimentary accounting concepts. (1 lecture hour).1

ACCOUNTING 1110 Accounting Procedures 3 credit hours The accounting cycles of service organizations and merchandisers focusing on the recording of business transactions and the preparation of financial statements for such organizations. Includes specific accounting concepts relating to current assets, long-term assets, current liabilities, payroll and the operations of corporations. (3 lecture hours)

ACCOUNTING 1140 Financial Accounting 4 credit hours An introduction to financial accounting concepts. A study of the accounting cycles of service organizations and merchandisers emphasizing the recording of business transactions, and the preparation of financial statements for such organizations. Emphasis is also placed on the accounting principles relating to the measurement, valuation and reporting of assets, liabilities and equity, and related internal control considerations. (4 lecture hours)

ACCOUNTING 1150 Managerial Accounting 4 credit hours An introduction to managerial accounting and cost concepts. A study of the accounting cycle of manufacturers emphasizing the recording of business transactions relating to the manufacture of inventory and the preparation of financial statements. Emphasis is also placed on analysis of cost behavior, budgeting concepts, standard cost systems and variance analysis, and the use of accounting information to make decisions. Prerequisite: Accounting 1140 or consent of instructor (4 lecture hours)

ACCOUNTING 1175 Microcomputer Accounting 2 credit hours Introduction to a general ledger software package on a microcomputer. Keyboarding and mouse skills are required. Prerequisite: Accounting 1110 or Accounting 1140, or consent of the instructor. (2 lecture hours)

ACCOUNTING 1840 Independent Study in Accounting 1 to 4 credit hours Exploration and analysis of topics within the discipline to meet individual student-defined course description, goals, objectives, topical outline and methods of evaluation in coordination with and approved by the instructor. May be taken three times for credit as long as different topics are selected. Prerequisite: Consent of instructor (1 to 4 lecture hours)

ACCOUNTING 2200 Income Tax Return Preparation 3 credit hours Individual income tax return preparation emphasizing the completion of basic tax returns. Resources are provided under the Volunteer Income Tax Assistance (VITA) program which is administered by the Internal Revenue Service. Prerequisite: Accounting 1140 or consent of instructor (3 lecture hours)

ACCOUNTING 2205 Federal Taxation I 3 credit hours Federal income tax concepts relating to individuals and sole proprietorships. Prerequisite: Accounting 1150 or consent of instructor (3 lecture hours)

ACCOUNTING 2206 Federal Taxation II 3 credit hours Federal income tax concepts relating to corporations, partnerships, S-corporations, trusts and exempt organizations. Also includes the tax consequences of international transactions. Prerequisite: Accounting 2205 or consent of instructor (3 lecture hours)

ACCOUNTING 2241 Intermediate Accounting I 4 credit hours In-depth study of the theory and concepts of accounting emphasizing the income statement and balance sheet and the accounting for cash, receivables, inventory, plant assets, intangible assets, current liabilities and contingencies. Completion of CIS 1221 or equivalent is recommended prior to enrollment. Prerequisite: Accounting 1150 or consent of instructor (4 lecture hours)

ACCOUNTING 2242 Intermediate Accounting II 4 credit hours In-depth study of the theory and concepts of accounting emphasizing the measurement and valuation of long-term liabilities, stockholders’ equity, corporate investments in securities, revenue recognition, postretirement benefits, leases, interperiod tax allocations, accounting changes, full disclosure, ratio analysis and the preparation and presentation of the statement of cash flows. Prerequisite: Accounting 2241 or consent of instructor (4 lecture hours)

ACCOUNTING 2251 Cost Accounting 3 credit hours In-depth study of methods used by managers for decision making, budgeting and performance evaluation. Emphasizes cost accounting systems and procedures for data accumulation and cost control. Prerequisite: Accounting 1150 or consent of instructor (3 lecture hours)

ACCOUNTING 2260 Advanced Accounting 3 credit hours In-depth study of the accounting and reporting issues related to consolidated financial statements with an emphasis on consolidation theory, procedures for eliminating various intercompany transactions, and accounting for business combinations. Other topics include partnership accounting, international operations and corporate insolvency. Prerequisite: Accounting 2242 or consent of instructor (3 lecture hours)

ACCOUNTING 2265 Governmental and Not-for-Profit Accounting 3 credit hours In-depth study of governmental and not-for-profit entity theory, practice and reporting issues. Emphasis on accounting principles relating to governmental agencies, colleges and universities, health care and not-for-profit organizations. Completion of Accounting 2241 is recommended prior to enrollment. (3 lecture hours)

ACCOUNTING 2271 Auditing I 3 credit hours An introduction to the role of the public accountant, professional standards, attestation and other assurance services, audit evidence and documentation, and reports on audited financial statements, with particular emphasis on the auditor’s decision-making process by integrating coverage of the components of audit risk with tests of controls and substantive tests that relate to selected transaction cycles. Prerequisite: Accounting 2241 or 2242, or consent of instructor (3 lecture hours)

ACCOUNTING 2272 Auditing II 3 credit hours Further study of auditing and other assurance services emphasizing professional standards and ethics, legal liability of auditors, regulation of the public accounting profession, internal controls in information technology systems, the components of audit risk, tests of controls and substantive tests relating to selected transaction cycles, audit sampling applications, other services performed by auditors, and related reporting requirements. Prerequisite: Accounting 2271 or consent of instructor (3 lecture hours)

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