Accounting

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.

A user-oriented introduction to traditional and contemporary accounting systems to facilitate managerial planning and control. Emphasizes the analysis and interpretation of internal accounting information to support operational, tactical, and strategic decision-making.

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.

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.

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.

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. 

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.

This course is designed to provide students with an in-depth understanding of key management accounting topics alongside a familiarity with current, relevant issues facing practicing accountants. Key management topics discussed include: Decision Analysis (CVP, marginal analysis, and pricing decisions), Investment decisions (Capital Asset Pricing and Discounted Cash Flows), Business Ethics, Long-term Financial Management, Working Capital Management, and Enterprise Risk. Cases are used extensively to demonstrate how the key management topics are used in the business environment. This course will help prepare students for careers in management accounting, management, finance, and business consulting.

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.

A study of the theoretical concepts and professional standards underlying the attestation process. Focuses on procedures used in the audit process, including evidence gathering, analysis, and reporting.