ACCO 2030. Principles of Financial Accounting. 3 cr. hrs.

Accounting concepts and principles applied in the preparation of financial statements, asset valuation, and the accounting for debt and equity issues of business corporations. Prereq: Soph. stndg; computer literacy.

ACCO 2031. Principles of Managerial Accounting. 3 cr. hrs.

Structuring data to aid management decisions. Internal control, budgeting, break-even analysis, standard costing, variable costing, ratio analysis, inventory control, capital budgeting, and transfer pricing. Prereq: ACCO 2030; computer literacy.

ACCO 3001. Intermediate Accounting. 3 cr. hrs.

Discussion of the development of accounting standards and the conceptual framework underlying financial accounting. An in-depth review of the income statement and the balance sheet. Recognition, measurement and reporting of cash, receivables, inventories, property, plant and equipment, intangible assets, liabilities and investments. Prereq: ACCO 2031; computer literacy.

ACCO 3005. Advanced Accounting for Managerial Decisions. 3 cr. hrs.

Course is designed for students specializing in finance and other non-accounting majors who wish to study accounting above the principles level. Emphasizes topics from intermediate (3001) and advanced (4020) accounting from a managerial perspective, including: the income statement, current assets and liabilities, pensions, leases, stockholders' equity and other selected issues. Although by necessity some procedural issues are covered, the major focus is upon how financial accounting requirements can and do affect business decisions. Prereq: Jr. stndg. and ACCO 2031.

ACCO 3986. Internship Work Period. 0 cr. hrs.

SNC/UNC grade assessment. Prereq: Jr. stndg., cons. of prog. dir. and cons. of internship dir.

ACCO 4000. Accounting Communications. 3 cr. hrs.

A comprehensive examination of the major forms of communication used in the accounting profession. Instruction in business writing and speaking. Prereq: ACCO major and ACCO 3001.

ACCO 4010. Individual Income Taxation. 3 cr. hrs.

History of federal income taxation. Taxation of personal income. Determination of gross income, adjusted gross income, deductions, credits, exemptions, normal tax, and surtax. Prereq: Jr. stndg. and ACCO 3001.

ACCO 4020. Advanced Accounting 1. 3 cr. hrs.

Recognition, measurement and reporting of stockholders' equity, retained earnings and dilutive securities. An examination of financial reporting issues; earnings per share, income taxes, pensions, leases, accounting changes and errors. A further elaboration of financial statement preparation: statement of cash flows, interim reporting, segment reporting and reporting for inflation. Also, accounting for partnerships. Prereq: ACCO 3001.

ACCO 4030. Cost Accounting. 3 cr. hrs.

Industrial cost accounting systems, job order and process costing, standard costs, and variance analysis. Procedures for measuring managerial performance and enforcing budgets. Problems conveying the importance of accounting information in planning and controlling a business. Prereq: ACCO 3001.

ACCO 4040. International Accounting. 3 cr. hrs.

An overview of managerial and financial accounting issues faced by multinational corporations or firms involved in international business. Issues include the diversity of worldwide accounting principles and the prospects for uniform international accounting standards, foreign currency transactions and translation, inflation, various technical accounting methods and the implications of their application, financial disclosures, analysis of financial statements, auditing, investment analysis, risk management, management information systems, performance evaluation, methods of financing transfer pricing, and taxation. Prereq: ACCO 4020.

ACCO 4045. International Taxation. 3 cr. hrs.

U.S. Taxation of international transactions and foreign taxpayers. A study of the U.S. and foreign taxation of international commercial transactions involving U.S. and foreign taxpayers, including the taxation of income of U.S. taxpayers operating abroad through branches and subsidiaries; the U.S. foreign tax credit provisions; cross-border asset transfers and related intercompany pricing issues; the U.S. taxation of non-resident individuals, partnerships, associations and foreign corporations; and bilateral and multilateral income tax treaties. Prereq: ACCO 4010.

ACCO 4050. Accounting Information Systems. 3 cr. hrs.

Substantial hands-on involvement in computing capabilities which enable accountants to be more productive and to provide better service to clients and management. Applications in cost behavior, cost analysis, cost estimating, cost allocations, budgeting, profit planning, capital budgeting, and expert systems. Examination of various approaches to the computerization of transaction processing cycle, using suitable software package, with special emphasis on the problems of internal control. EDP auditing and the accountant's role in the systems development cycle. Prereq: ACCO 3001.

ACCO 4080. Analysis of Corporate Financial Statements. 3 cr. hrs.

Provides experience in reading, interpreting, and analyzing corporate financial statements. Specific attention is given to the evaluation methods necessary to assess a firm's short-term liquidity, long-term solvency funds flows, capital structure, return on investment, operating performance, and asset utilization. Effects of alternative accounting methods and footnote disclosures. Prereq: Sr. stndg. and ACCO major; or Sr. stndg. and FINA major.

ACCO 4119. Tax Research. 3 cr. hrs.

The objective of this course is to assist in the development of essential tax research skills and their application in the prevailing federal tax environment. The student will learn how to find tax authority, evaluate the efficacy of that authority, and apply the results of the research to a specific situation. Prereq: Sr. stndg. and ACCO 4010.

ACCO 4170. Auditing. 3 cr. hrs.

Focuses on major issues in auditing and the recent pronouncements of authoritative bodies. Specific attention is given to the profession code of conduct, legal liability, study and evaluation of the internal control structure, EDP systems, statistical sampling and reporting responsibilities for attest and non attest engagements. Prereq: ACCO 4050.

ACCO 4931. Topics in Accounting. 3 cr. hrs.

Prereq: ACCO 3001.

ACCO 4953. Seminar in Accounting. 3 cr. hrs.

Prereq: ACCO 3001.

ACCO 4986. Accounting Internship - Grading Period. 3 cr. hrs.

S/U grade assessment. Prereq: Jr. stndg., cons. of prog. dir. and cons. of internship dir.

ACCO 4995. Independent Study in Accounting. 1-4 cr. hr.

Prereq: Cons. of dept. ch.