ACCOUNTANCY
Professors K.R. Kumar (Chair), S.H. Kang, A. Lusardi
Associate Professors L.G. Singleton, K.E. Smith, L.C. Moersen, F. Lindahl, R.L. Tarpley, A. Gore, S. Kulp
Assistant Professors C.L. Jones, S. Hansen, Y. Li, Y. Xue, I.Y. Kim, C. Zhang, C. Petrovits, L. Tan
Professorial Lecturers P. Ben-Ezra, W. Stromsem, T. Verghese, G. White, L. Schwartz, M. Cathey, R. Kasmir, A. Lewis, J. Vetting, R. Laycock, M. Melton
See the School of Business for the program of study leading to the degree of Bachelor of Accountancy.
| 2001 |
Introductory Financial Accounting (3) |
Jones, Kim, Tarpley, and Staff |
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The fundamental concepts underlying financial statements and the informed use of accounting information. Analysis and recording of business transactions; preparation and understanding of financial statements. Measurement of the profitability and financial position of a business. Prerequisite: sophomore standing. (Fall and spring) |
| 2002 |
Introductory Managerial Accounting (3) |
Staff |
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The use of accounting information to plan and control the activities of a business. Several widely used methods of determining the cost of business activities for use in making business decisions. The statement of cash flows. Prerequisite: Accy 2001. (Fall and spring) |
| 3101 |
Intermediate Accounting I (3) |
Singleton |
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Accounting principles underlying the preparation of financial statements and their application in the measurement and reporting of selected balance sheet items and related revenue and expense recognition; accounting for receivables, inventories, fixed assets, intangible assets, and liabilities. Prerequisite: Accy 2001. (Fall) |
| 3102 |
Intermediate Accounting II (3) |
Singleton, Tarpley |
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Accounting for stockholders' equity, earnings per share, debt and equity investments, income taxes, pensions and other postretirement benefits, leases, accounting changes, statement of cash flows, financial statement analysis and disclosure. Prerequisite: Accy 2001. (Spring) |
| 3103 |
Advanced Financial and Tax Accounting (3) |
Smith |
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Financial and tax accounting issues relating to corporations and partnerships, including formation, operation, and liquidation of each type of entity. Financial accounting for corporate combinations.
Prerequisite: Accy 3101, 3401. (Spring)
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| 3106 |
Financial Statement Analysis (3) |
Jones |
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Introduction to the analysis and interpretation of corporate financial statements within the context of a company's industry and economic environment. Cash flow analysis, profitability and risk analysis, accounting policy analysis, forecasting and performance analysis, elements of equity valuation, and decision perspectives of creditors. Prerequisite: Accy 2002.(Fall and spring) |
| 3401 |
Federal Income Taxation (3) |
Smith |
| |
A study of federal income tax concepts, including what shall be taxed, and when, and at what rate. Taxable entities, income measurement, the use of different tax rates for different types of income, and the use of the tax laws to motivate taxpayer behavior to achieve economic goals. (Fall) |
| 3601 |
Business Law: Contracts, Torts, and Property (3) |
Moersen |
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Essential legal principles of contracts, torts, and property, including trusts and estates, leases, professional liability, and the Uniform Commercial Code.(Fall) |
| 4201 |
Advanced Managerial Accounting (3) |
Staff |
| |
Techniques and practices that foster an informed use of financial information for planning, resource allocation, performance evaluation, and control purposes. Integration of concepts from other disciplines, especially economics, quantitative methods, behavioral science, and business policy and strategy. Primarily taught using case method.
Prerequisite: Accy/BAdm 2002. (Spring)
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| 4301 |
Auditing (3) |
Gore |
| |
A study of generally accepted auditing standards and accepted professional auditing practices and procedures, including reviewing and evaluating financial controls, auditing financial statements, and testing financial data of manual and automated accounting systems. Prerequisite: Accy 3102. (Fall) |
| 4501 |
Accounting Systems (3) |
Staff |
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Introduction to the design and operation of accounting systems and data-management controls. Principles and applications of internal control applicable to manual and automated accounting systems.
Prerequisite: Accy 3102. (Fall)
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| 4601 |
Business Law: Enterprise Organization (3) |
Moersen |
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The legal aspects of organizing, financing, and operating an enterprise: agency, partnerships, corporations, securities regulation, insurance, secured credit financing, and commercial paper. Prerequisite: Accy 2001. (Spring) |
| 4801 |
Financial Accounting Capstone (3) |
Jones |
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Synthesis and application of knowledge of financial accounting to specific contexts, using the perspectives of the preparer and user of financial statements. Prerequisite: senior status. (Spring) |
| 4900 |
Special Topics (3) |
Staff |
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Experimental offering; new course topics and teaching methods. Prerequisite: department approval. |
| 4995 |
Independent Study (3) |
Staff |
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Assigned topics. Admission by permission of the department chair. (Fall and spring) |
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