ACCOUNTING

ACCOUNTING

ACCOUNTING 231: Introduction to Financial Accounting (ACCT 231, 3 Credits)
Examination of the accounting information reported to external users and the method of creation and interpretation of financial statements and disclosures. Concepts, methods and applications of the accounting cycle, valuation of assets, liabilities and owners’ equity, measurement of net income, and reporting of cash flows. Review of international information systems, ethical issues, and the profession of accounting (cost, taxation, auditing and internal control). 
 

ACCOUNTING 241: Introduction to Managerial Accounting (ACCT 241, 3 Credits)
Study of the strategic cost management for efficient use of company resources. Examination of the creation and reporting of accounting information for use by internal managers for decisions such as product costing, cost-volume-profit analysis, budgetary control, and incremental analysis. Prerequisite: Completion of ACCT 201 with a minimum grade of C.
 

ACCOUNTING 300: Intermediate Financial Accounting I (ACCT 300, 3 Credits)
Theory, methods and tools used in contemporary accounting for assets, liabilities, stockholders’ equity, net income, funds flow, investments, and analysis and preparation of financial statements.
 

ACCOUNTING 400: Intermediate Financial Accounting II (ACCT 400, 3 Credits)
In-depth examination of the theories and methodologies for creation, analysis and interpretation of current assets and liabilities, capital asset investments and long-term financing, stockholder equity, funds flow, and preparation of financial statements for domestic and international firms.
 

ACCOUNTING 410: Principles of Profit Planning and Control (ACCT 410, 3 Credits)
Examination of the value of managerial accounting in organizational decision making and control. Covers a range of managerial accounting problems, analysis and solutions.
 

ACCOUNTING 420: Introduction to Federal Taxation (ACCT 420, 3 Credits)
Principles, methods and practices of federal income taxation, with emphasis on taxation of individuals, partnerships, limited liability companies, small businesses, and corporations.
 

ACCOUNTING 430: Analysis of Financial Statements (ACCT 430, 3 Credits)
Topics covered include structured analysis of financial statements, forecasting of income and cash flows, pro-forma financial statements, firm valuations using discounted cash flows and discounted residual income methods, comparative valuation analysis and credit analysis.