200. Introduction to Financial Accounting. Credit
3 hours. Prerequisite: Sophomore standing. An
introduction to corporate financial accounting systems including
preparing, interpreting, and using financial statements.

221. Intermediate Financial Accounting.
Credit 3 hours. Prerequisites: “C” or better in Accounting
200 and 2.1 cumulative GPA. A thorough review of the
accounting information system emphasizing the accounting cycle,
financial statements, and the environment of accounting.

225. Managerial Accounting. Credit 3
hours. Prerequisite: Accounting 200. A study of
managerial accounting including full cost, differential, and
responsibility accounting systems. Emphasis is placed on
procedures and methods designed to provide information for
management decisions. (Not open to accounting majors.)

312. Intermediate Financial Accounting
II. Credit 3 hours. Prerequisites: “C” or better in
accounting 221 and Junior standing. A continuation of
Accounting 221 emphasizing Accounting for the assets and
liabilities of an entity.

313. Intermediate Financial Accounting
III. Credit 3 hours. Prerequisites: “C” or better in
Accounting 312, and Junior standing. A continuation of
Accounting 312 emphasizing accounting for leases, pensions, income
taxes, corporate equity, accounting changes, statement of cash
flows, and financial disclosures.

320. Accounting Information Systems and
Procedures. Credit 3 hours. Prerequisites: “C” or
better in Accounting 221, OMIS 350 [Management 290 or Management
309], and Junior standing. A study of the system that enables
accounting data to be collected, organized, and communicated in an
efficient and effective manner. The course emphasizes the
accountant’s role in evaluating, designing, and controlling the
flow of information. The course develops skills in systems
documentation, systems planning, and systems analysis.

331. Cost and Managerial Accounting.
Credit 3 hours. Prerequisites: “C” or better in Accounting
221 and Junior standing. A study of the concepts, objectives,
and procedures of cost and managerial accounting. Topics
include cost volume-profit analysis; job costing and process
costing systems; activity-based costing; standard costing and
variance analysis; budgeting; and relevant information for decision
making.

340. Financial Statement Analysis.
Credit 3 hours. Prerequisites: Junior standing and Accounting
225. Interpretation, analysis, and evaluation of financial
reports primarily from the viewpoint of company managers,
investors, and creditors. (Not open to accounting
majors.)

341. Tax Accounting. Credit 3
hours. Prerequisites: “C” or better in Accounting 221 and
Junior standing. An introductory course in the fundamentals
of federal income taxation. Coverage will primarily focus on
the federal tax law as it relates to individuals.

391. Accounting Internship. Credit 3
hours. Prerequisites: “C” or better in Accounting 312, 3.0
cumulative GPA, and 3.0 Accounting GPA. Provides training and
experience through an assignment with a cooperative CPA firm,
company, or government agency selected or approved by the
Accounting Internship Coordinator. Students will earn three
semester hours credit for their 300 hours of approved work
experience. Accounting Internship is an accounting elective
and will receive a grade of Pass or Fail only. This course
may be repeated for a total of six credit hours for a different
work experience with the approval of the Accounting Internship
Coordinator.

400/500. Accounting for Governmental and Not
– for – Profit Organizations. Credit 3 hours.
Prerequisites: “C” or better in Accounting 312, Senior or Graduate
standing. A study of the specialized accounting, reporting,
and auditing requirements applicable to governmental and
not-for-profit organizations, as well as issues related to their
performance evaluation. Additional work will be required for
500 credit.

406/506. Accounting Theory. Credit 3
hours. Prerequisites: “C” or better in Accounting 313, and
Senior or Graduate standing. A study of past attempts to
develop a coordinated statement of accounting theory; an
examination of accounting theory with emphasis on financial
accounting concepts; and a discussion of the applications of
accounting concepts to cost, revenue, income, assets, liabilities,
and equities. Additional work will be required for 506
credit.

407. Auditing and Assurance Services.
Credit 3 hours. Prerequisites: “C” or better in Accounting
313 and Senior standing. A study of audit and assurance
services including audit and assurance theory, procedures and
problems; internal control; audit program development; evidential
matter; and reporting. Emphasis will be given to discussion
of the ethical, social, and economic forces informing audit
judgment.

411. Advanced Financial Accounting.
Credit 3 hours. Prerequisites: “C” or better in Accounting
313 and Senior standing. A study of advanced accounting
concepts including corporate consolidations, partnerships,
international issues, and not-for-profit organizations.

413. Independent Study in Accounting.
Credit 3 hours. May not be repeated. Prerequisite: “C”
or better in Accounting 313, Senior standing, and permission of
Department Head. A course designed primarily to study current
accounting issues in an area mutually agreed upon by the instructor
and student.

432[332]. Advanced Cost Accounting. Credit 3
hours. Prerequisite: C or better in Accounting 331 and Senior
standing. A study of advanced topics in cost and managerial
accounting include cost allocation, long and short-range budgeting,
quantitative techniques for planning and decision making, cost and
profit analysis, marginal income analysis, cost of quality, and
generating new plans and making corrective actions.

442/542. Advanced Tax Accounting.
Credit 3 hours. Prerequisites: “C” or better in Accounting
341, Senior or Graduate standing. A course in the federal
income taxation of taxpayers other than individuals. Coverage
will primarily focus on the federal tax law as it relates to
corporations, shareholders, partnerships, and partners.
Additional work will be required for 542 credit.

607. Advanced Audit Assurance
Services: Credit 3 hours. Prerequisites: “C” or better
in Accounting 407 (or equivalent as determined by the Department
Head) and Graduate standing. A study of audit and assurance
theory accomplished through the analysis of professional standards
(both existing and emerging), current events affecting the
professional environment, extant professional and academic
literature, and significant cases impacting the profession.
In addition, students will have the opportunity to employ
technological tools in the execution of assurance applications.

620. Advanced Accounting Information
Systems. Credit 3 hours. Prerequisite: “C” or better in
Accounting 320 (or equivalent as determined by the Department Head)
and Graduate standing. The study of special topics relating
to the evaluation, design and control of accounting information
systems. The emphasis of this course is the application of
special topics discussed to a consulting project using local
companies.

625. Accounting for Business
Decisions. Credit 3 hours. Prerequisites: “C” or better
in Accounting 200 (or equivalent as determined by the Department
Head) and Graduate standing. The fundamental accounting
concepts and techniques that relate to planning and control are
reviewed. An investigation is made of the concepts that
underlie cost behavior patterns, responsibility accounting, cost
allocation, and cost systems. Techniques used in budgeting,
long-range planning performance measurement and break-even analysis
are developed.

695. Special Topics in Accounting.
Credit 3 hours. Accounting 200 (or equivalent as determined
by the Department Head) and Graduate standing. A seminar
course focusing on selected current issues in accounting.
This course may be repeated once for a total of six credit hours if
different topics are studied.