Accounting Course Descriptions

Undergraduate Courses | Graduate Courses (BA)

Note: Course descriptions may vary slightly from semester to semester

ACCT 208 - Business Data Analysis: Uses of data in policy formulation are discussed. Emphasis is placed on the conversion of raw information into statistics which are useful to the decision-maker. Problems stress solution to questions typically raised in businesses. Prerequisite: Mathematics 139 or equivalent.

ACCT 210 - Accounting Principles and Control: Prevalent accounting principles and practices employed in business organizations. Accumulation of data and usefulness of reports are considered. Tax implications of business studied. Not open to students with a major in the College of Business and Administration. No credit given for 210 if credit is claimed for 220.

ACCT 220 - Accounting I: Three sequential one credit courses which, in the aggregate, cover the basic concepts, principles and techniques used to generate accounting data and financial statements and to interpret and use the financial data to enhance decision making. Students must initially enroll in all three courses and must successfully complete 220a prior to beginning 220b and 220b before beginning 220c. Students who do not successfully complete all three courses in the semester in which they initially enroll in the courses will receive a grade of PR for any of the courses not completed. Those students who receive a grade of PR in one or more of the courses must re-enroll in all unsuccessfully completed courses in subsequent semesters. Prerequisite Sophomore Standing and Math 139.

ACCT 230 - Accounting II: A continuation of Accounting I with emphasis on the analysis and interpretation of accounting reports including ratios and funds flow analysis. The use of accounting information for managerial planning, control, and decision making through budgeting, cost and variance analyses, and responsibility accounting. Prerequisite: sophomore standing, limited to business majors and and minors or consent of school, and a grade of C or better in ACCT 220.

ACCT 240 - Individual Income Tax: Preparation of income tax returns. Federal income tax as applied to individuals. No credit given for 240 if credit is claimed for 341. Not open to those with a major in accounting.

ACCT 321 - Intermediate Accounting I: Current accounting principles and procedures relating to elements of financial reporting. Particular emphasis on current and fixed asset valuation, and current liabilities. Includes an excel lab. Prerequisite: junior standing, limited to business majors or consent of school, and a grade of C or better in ACCT 220 and 230.

ACCT 322 - Intermediate Accounting II: Continuation of the study of accounting principles and procedures with emphasis on long-term liabilities, corporate capital, and income determination. Preparation and use of special statements; analysis and interpretation of statements. Prerequisite: junior standing, and limited to business majors or consent of school, and a grade of C or better in ACCT 321.

ACCT 331 - Cost Accounting: Interpretation and managerial implications of material, labor, and overhead for job order, process and standard cost systems, cost-volume-profit relationships, direct costing, and budgeting. Accounting and reporting. Prerequisite: junior standing, limited to business majors or consent of school, and a grade of C or better in ACCT 230; Mathematics 140 & Acct/Management 208 or equivalent.

ACCT 341 - Introduction to Taxation: Background, principles, and procedures for the determination of taxable income as a basis for federal income tax. Particular attention is given those aspects, which are at variance with usual accounting treatment in the determination of net income. Includes practice in the methodology of tax solutions. Prerequisite: junior standing and limited to accounting majors and minors, or consent of school; for accounting majors and minors, a grade of C or better in both 220 and 230 or equivalent courses.

ACCT 360 - Accounting Systems Operation: The study of accounting information systems analysis and design. Focusing on internal controls, data modeling, databases, documentation tools and information retrieval to improve business decisions. Prerequisite: junior standing, limited to accounting majors and minors or consent of school, and a grade of B or better in MGMT 345.

ACCT 411 - Enterprise Networks and Communications: Application of data communications and network technologies for improving business. Coverage includes but is not limited to introduction to the principles of data transmission technology, various communication architectures and protocols, basic network design principles, internet and intranet technologies, data security issues and elements of network management. Not for graduate credit. Prerequisites: B in Compueter Science 200b; Info. Management Systems 229 or equivalent.

ACCT 421 - Advanced Accounting: Accounting principles and procedures relating to specialized topics, including partnership equity, international operations, branches, and business combinations. Prerequisite: junior standing, limited to accounting majors and minors or consent of school, and a grade of C or better in ACCT 322.

ACCT 431 - Advanced Cost Accounting: Managerial decision making; profit planning and control through relevant costing, return on investment and transfer pricing, determination of cost behavior patterns, analysis of variances, capital budgeting, inventory models, probabilities, statistical methods, and operations research. Prerequisite: junior standing, limited to accounting majors and minors or consent of school, and a grade of C or better in 331.

ACCT 441 - Advanced Tax: Study of income tax problems which arise from sole proprietorship, partnership, corporation, estate, and trust of organization. Brief study of social security, federal and state estate tax and gift tax. Student does research in source materials in arriving at solutions of complicated problems. Prerequisite: junior standing and limited to accounting majors and minors or consent of school; 341 with grade of C or better.

ACCT 460 - Auditing: Standards, objectives, and procedures involved in examining and reporting on financial statements of business organizations. Prerequisite: junior standing, limited to accounting majors and minors or consent of school; a grade of C or better in ACCT 322. Grad students may only take this course if they have a difficiency.

ACCT 465 - Internal Auditing: Internal auditing is an independent and objective, assurance and consulting activity designed to add value and improve an organization's operations. In this course students will be exposed to the current theory and practice of internal auditing viewed as a component of organizational governance. Students will learn to evaluate and improve the effectiveness of various internal audit activities.

ACCT 471 - Government and Not for Profit Accounting: Financial and managerial accounting concepts peculiar to the planning and administration of public and quasi-public organizations, such as governmental units, institutions, and charitable organizations. Includes the study of governmental auditing. Prerequisite: a grade of C or better in ACCT 230.

ACCT 491 - Independent Study in Accountancy: Independent study of specialized aspects of accountancy not available through regularly scheduled courses. Not for graduate credit. Prerequisite: a grade of C or better in each of 322, 331, 442, and consent of school.

ACCT 495 - Internship: Supervised work experience in professional accounting. Prerequisite: outstanding record in accounting and recommendation of the school committee on internship. Pass/Fail only. Not for graduate credit.

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Graduate Level Courses

ACCT 512 - Accounting Research Methods Seminar: An advanced seminar critically analyzing research methods employed to study problems existing in a subarea of accounting thought, which may be repeated for credit in terms of sections (a) through (f). Sections (a) through (f) may be taken only once each. (a) Auditing, (b) Financial accounting, (c) Managerial accounting, (d) Not-for-profit accounting, (e) Accounting information systems, (f) Taxation. Prerequisite: Business Administration 513 or consent of the school.

ACCT 512e - Advanced Accounting Information Systems (AIS): An advanced seminar critically analyzing research methods employed to study problems existing in a sub-area of accounting thought, which may be repeated for credit in terms of sections (a) through (f). Sections (a) through (f) may be taken only once each. (a) Auditing, (b) Financial accounting, (c) Managerial accounting, (d) Not-for-profit accounting, (e) Accounting information systems, (f) Taxation. Prerequisite: Business Administration 513 or consent of the school.

ACCT 521 - Emerging Issues in Accountancy: Identifies developing areas in financial accounting and forces students to research the issues, to think critically, evaluate alternatives and communicate conclusions in oral and written form. International accounting, not-for-profit, standard setting and regulation, and other developing issues are addressed. The Journal of Accountancy, other professional journals, and guest speakers. Prerequisite: 321, 322, or consent of instructor.

ACCT 532 - Advanced Management Accounting: Management planning and control decisions and design and evaluation of management accounting systems requiring formal models and application of vigorous analytic reasoning. Integration and synthesis of techniques such as regression analysis, linear programming, decision theory and behavioral science for important decisions of the form. Information economics. Contemporary research directories. Prerequisite: enrollment in M.Acc. or M.B.A. program or consent of instructor.

ACCT 541 - Tax Concepts: Provides the student with an understanding of the nature of the federal tax law and an appreciation of the law's impact upon business decisions both for individuals and companies. Prerequisite: 341 or consent of instructor.

ACCT 542 - Tax Research and Procedure: Provides the student with a working knowledge of the tax practitioner's methodology applied to the solution of both routine and complex tax problems. Prerequisite: enrollment in M.Acc. program or consent of instructor.

ACCT 543 - Corporate Taxation: Provides students with in-depth exposure to federal income taxation of corporations and shareholders. Areas explored are corporate formations, distributions, redemptions, liquidations, subchapter S election, corporate income tax, accumulated earnings tax, personal holding company tax and affiliated corporations. Prerequisite: enrollment in M.Acc. program or consent of instructor.

ACCT 544 - Partnership Taxation: Provides students with in-depth exposure to the federal income taxation of partnerships and partners. Areas explored are the definition of a partnership, acquisition of an interest, basis of interest, tax accounting for partnership operation, distributions, termination, sale or exchange of interest, collapsible partnerships, death or retirement and tax shelters. Prerequisite: enrollment in M.Acc. program or consent of instructor.

ACCT 545 - State and Local Tax: A comprehensive examination of the federal unified transfer tax regime with particular emphasis on effective estate and gift tax planning mechanisms. Second half of course consists of in depth analysis of optimal tax-related strategies related to retirement income. Prerequisite: enrollment in Master Accounting program or consent of instructor.

ACCT 546 - Seminar: Selected Tax Topics: Provides students with in-depth exposure to federal income taxation of selected topics. Topics will vary from semester depending upon instructor and topics of current interest. Prerequisite: 541 or consent of instructor.

ACCT 547 - Tax Accounting Principles: Provides linkage of accounting skills with tax knowledge through identification of significant differences between tax and financial accounting and selection of tax accounting principles having a significant impact on cash flows. Tax accounting problems for industrial, wholesale and retail companies. Prerequisite: 541 or equivalent and 421.

ACCT 548 - International Taxation: Examination of tax accounting problems when taxable events transcend national boundaries. Use of transfer pricing for international taxation purposes. Specific international taxation problems of foreign persons, U.S. citizens living abroad, U.S. shareholders for foreign corporations and special problems related to multinational corporations. Prerequisite: 541 or equivalent and 531 or consent of the School of Accountancy.

ACCT 551 - Accounting Information Systems Control and Development: A comparison of operation, control and development of alternative accounting information systems. A study of selected technology for accounting systems development. Prerequisite: 451 or consent of school; enrollment in M.Acc. program or consent of school.

ACCT 552 - Accounting Information Systems Development: A study of selected technology for accounting information systems development. Emphasizes design and implementation of particular computerized information systems for diverse uses and purposes. Prerequisite: 551, enrollment in M.Acc. program or consent of school.

ACCT 560 - Accounting: under construction

ACCT 561 - Advanced Auditing: The study of current and historical critical evaluations of the accounting and auditing professions. Provides an advanced technical understanding of the auditing process and develops written and oral communication skills essential to success in the auditing profession. Prerequisite: admission into the M.Acc. program.

ACCT 562 - Computer Auditing: The study of electronic issues as they pertain to the attestation function, including internal control, auditing automated systems and the use and application of automated auditing procedures and techniques. Prerequisite: 561, enrollment in M.Acc. program or consent of school.

ACCT 563 - Advanced Auditing: advanced auditing

ACCT 564 - Enterprise Systems: An in-depth look into Enterprise Resource Planning.

ACCT 565 - Advanced Accounting Information Systems (AIS): TBA

ACCT 567 - Fraud Examination: Fraud examination will cover the principles and methodology of fraud detection and deterrence. The course includes such topics as skimming, cash larceny, check tampering, register disbursement schemes, billing schemes, payroll and expense reimbursement schemes, non-cash misappropriations, corruption, accounting principles and fraud, fraudulent financial statements, and interviewing witnesses.

ACCT 571 - Not-For-Profit Accounting: The study of accounting principles and practices of schools, hospitals, governmental agencies, the arts and other not-for-profit organizations. Emphasis is on financial reporting. Prerequisite: enrollment in M.Acc. program or consent of instructor.

ACCT 590 - Fraud Auditing - Seminar in Accounting: Seminar in Accounting: Fraud Auditing

ACCT 591 - Independent Study: Directed independent study in selected areas of accountancy. Prerequisite: enrollment in M.Acc. program.

ACCT 595 - Internship: Supervised work experience in professional accounting. Prerequisite: outstanding record in accounting and recommendation of the department committee on internship. Graded S/U only.

ACCT 599 - Thesis: Prerequisite: enrollment in M.Acc. program.

ACCT 601 - Continuing Enrollment: For those graduate students who have not finished their degree programs and who are in the process of working on their dissertation, thesis or research paper. The student must have completed a minimum of 24 hours of dissertation research, or the minimum thesis, or research hours before being eligible to register for this course. Concurrent enrollment in any other course is not permitted. Graded S/U or DEF only.

BA 510 - Managerial Accounting and Control Concepts: Basic cost concepts, measures, methods and systems of internal accounting useful for managerial planning, implementation, control and performance evaluation. Includes cost analysis relevant for non-routine decision-making. Prerequisite: Enrollment in MBA program or consent of department; 410 and MBA program "computer ability" foundation requirement met, or equivalent.

BA 513 - Accounting Concepts in Business Organizations: Accounting theory and practice as it applies to business and other organizations. Emphasis is on current problem areas in accounting and on research methods begin used to resolve these problems. Prerequisite: Enrollment in Ph.D. program or consent of department.

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