Accounting

Program Learning Outcomes

After completion of this program, students will be able to:

  1. Apply the Code of Professional Conduct as articulated by the American Institute of Certified Public Accountants.
  2. Identify and analyze business problems and opportunities to formulate recommendations for courses of action.
  3. Communicate effectively and professionally in business situations through physical or virtual presence.
  4. Apply accounting concepts and methods to interpret financial statements for evaluating the financial position and performance of organizations.
  5. Apply knowledge of various advanced accounting issues related to Financial Accounting within a global and/or ethical framework.

Classes

ACC 210: Principles of Financial Accounting

Class Program
Credits 3
A user-oriented introduction to the financial accounting process and the analysis and interpretation of financial accounting information. Emphasizes the objectives and format of general purpose financial statements; the major financing, investing, and operating activities of the typical firm; and how these activities are reflected in general purpose financial statements.
Semester Offered
Offered every semester.

ACC 311: Intermediate Accounting I

Class Program
Credits 4

An in-depth study of the theory and practice of corporate financial reporting. Focuses on generally accepted accounting principles, which form the foundation for the study of income determination, balance sheet presentation, and cash flow reporting. Deficiencies in current standards, as well as emerging issues, are presented as appropriate. ACC 311 emphasizes the theoretical foundations of general purpose financial reporting, the conceptual framework, the accounting cycle, and asset valuation and disclosure.

Semester Offered
Offered fall semester.

ACC 312: Intermediate Accounting II

Class Program
Credits 4

A continuation of the study of corporate financial reporting (ACC 311). This course emphasizes the measurement and disclosure of liabilities and stockholders’ equity, as well as issues related to cash flows and operation reporting.

Semester Offered
Offered spring semester.

ACC 321: Accounting Information Systems

Class Program
Credits 3

This course introduces and presents an overview of technology in business, particularly for accounting applications. It explores accounting information systems (AIS) within the framework of business processes including controls, terminology, reporting, analysis, and trouble shooting. Upon completion, students will be able to define and create the parameters to set up an AIS for a business enterprise to process and record business transactions which will allow them to generate and analyze financial information.

Semester Offered
Offered spring semester.

ACC 322: Data Analytics and Visualization

Class Program
Credits 3

This course introduces and presents an overview of how data analytics is used in the field of accounting, including introducing students to the techniques, tools and processes used in the discovery and analysis of data sets. Course topics include logical thinking, explaining the main components of financial data and extract-transform-load (ETL), data mining of structured financial data, analysis of financial data, visualization techniques, communicating data analytic results and exposing students to ethical issues related to data analytics. Students will also gain foundation knowledge of Blockchain technology and how Robotic Process Automation (RPA) is being used in business.  Microsoft Excel and Tableau will be used extensively. MIS 310, ACC 210 required. 

Semester Offered
Offered at departmental discretion.

ACC 345: Cost Accounting 1

Class Program
Credits 3

An in-depth study of the creation and interpretation of cost information for the purpose of facilitating management decisions. This course examines the theory and concepts underlying conventional product/ service cost systems, the environmental forces that have contributed to the obsolescence of traditional cost accounting systems, and the corresponding emergence of modern cost management systems. Topics include traditional and contemporary cost behavior analysis job order and process cost accounting systems, and activity-based cost management systems.

Semester Offered
Offered fall semester.

ACC 431: Business Taxation

Class Program
Credits 3

A study of business taxes including: C Corporations, S Corporations, Limited Liability Companies, Sole Proprietorships and selected individual income tax topics. Due to ongoing changes in tax code, students should plan to take this course during their senior year.

Semester Offered
Offered spring semester.

ACC 432: Individual Income Tax

Class Program
Credits 3

An in-depth study of personal income taxation including filing methods, exemptions, deductions, and tax minimization strategies. Students will be required to evaluate and prepare income taxes using a variety of tax scenarios. This course prepares students for service learning opportunities such as the IRS Volunteer Income Tax Assistance (VITA) program.

Prerequisites

To enroll in ACC 432, students must have earned a grade of "A" in ACC 210 or ACC 311.