ACC ACCOUNTING (Campbell School of Business)
A word about prerequisites: Most business and economics studies are
profitably undertaken by students with firm grounding in liberal arts,
general education (including some mathematics) and prior business
courses, so many Campbell School courses have specific course or level
(e.g., JS or SS) prerequisites.
201. Principles of Financial Accounting - 3-0-3
Introduction to the purposes of financial statements; the recognition,
measurement and disclosure of concepts and methods underlying financial
statements; and understanding of the impact of transactions on these
statements. PR: ECO 110.
202. Principles of Managerial Accounting - 3-0-3
Introduction to the uses of accounting information by managers in
production, service and retail businesses, with focus upon classifying,
measuring and analyzing costs for decision making, budgeting and
performance evaluation. PR: ACC 201.
301. Intermediate Accounting I - 3-0-3
Study of external reporting, measurement and disclosure standards, with
particular attention to assets. Includes use of authoritative
pronouncements in solving complex problems. PR: ACC 201 and JS.
302. Intermediate Accounting II - 3-0-3
Study of external reporting, measurement and disclosure standards, with
particular attention to liabilities and shareholders' equity. Includes
use of authoritative pronouncements in solving complex problems. PR: ACC
301.
311. Cost Accounting - 3-0-3
Consideration of the cost accounting methods and systems used by
organizations to assist management in planning and control. Also,
emphasis on short- and long-run decision making and on internal
performance evaluation. PR: ACC 202 and JS.
331. Tax Topics - 3-0-3
Study of the basic features of the federal income tax system focusing
upon individuals and corporations. Consideration of the effect of the
tax code on business decision making. PR: ACC 201 and JS.
401. Advanced Accounting - 3-0-3
Study of mergers and acquisitions, with attention to consolidation of
financial statements. Also includes study of accounting for
not-for-profit organizations. May also include reporting for
international companies, partnerships or other topics. PR: ACC 301.
416. Accounting Information Systems - 3-0-3
Theory and practice of contemporary accounting information systems,
including related audit techniques. Topics include
information-processing fundamentals; analysis, design and implementation
of accounting information systems. PR: ACC 302.
420. Auditing - 3-0-3
Verification of financial statements by CPAs. Includes legal liability,
ethics and assessment of risks and materiality of transactions. PR: ACC
416.
430. Contemporary Accounting Issues - 3-0-3
Analysis of trends and standards in accounting through review of the
major publications of the accounting and business profession. Emphasis
on the structure of accounting theory underlying the concepts of assets
and income determination (FASB Conceptual Framework). PR: ACC 301 or CI.
431. Advanced Tax Topics - 3-0-3
Study of the basic features of the federal income tax system focusing on
property transactions, tax credits, and taxation of business entities.
Consideration of the effect of the tax code on business making and
society. PR: ACC 331 and JS.
460. Special Topics in Accounting - 3-0-3
Varied content provides an opportunity for faculty and students to
accommodate their interests. May be repeated once for credit as topics
vary; maximum of six hours may be counted toward a degree program. PR:
CI.
496. Academic Internship - 3-0-3
Student will work in a professional setting under the supervision of a
faculty member who provides guidance and works with the student and
on-site work supervisor to integrate work experiences and the student's
educational and professional goals. Development of a learning contract.
PR: ACC 301; see general provisions for academic internships in this
catalog; CI.
498. Directed Study (Accounting) - 3-0-3
Advanced study or individual research in accounting. PR: JS or SS and approval of school dean; CI.