BUS–A 201 Introduction to Accounting I (3 cr.)
Concepts and issues of financial reporting for business entities; analysis and recording of economic transactions.
BUS–A 202 Introduction to Accounting II (3 cr.)
Concepts and issues of management accounting, budgeting, cost determination and analysis.
BUS–A 301 Accounting: An Information System (3 cr.)
This course reviews the accounting cycle, using a business transaction cycle approach, to understand accounting as a data entry and information processing system. Emphasis on: Data Flow, Internal Control, Audit Trail, Financial Statement Relationships, and Special Reports.
BUS–A 311 Intermediate Accounting I (3 cr.)
Theory of asset valuation and income measurement. Principles underlying published financial statements.
BUS–A 312 Intermediate Accounting II (3 cr.)
Application of intermediate accounting theory to problems of accounting for economic activities.
BUS–A 325 Cost Accounting (3 cr.)
Conceptual and technical aspects of management and cost accounting; product costing, cost control over projects and products; profit planning.
BUS–A 328 Taxation of Individuals (3 cr.)
Internal Revenue Code and Regulations. Emphasis on income, exclusions from income, deductions, and credits. Use of tax forms in practical problem situations.
BUS–A 339 Advanced Taxation (3 cr.)
Internal Revenue Code and Regulations; formation and liquidation of corporations, partnerships, estates, and trusts.
BUS–A 413 Governmental and Not-for-Profit Accounting (3 cr.)
Financial management and accounting for nonprofit seeking entities; state, municipal, and federal governments; schools, hospitals, and philanthropic entites. Includes study of GAAP for these entities promulgated by the FASB and GASB.
BUS–A 414 Financial Statement Analysis and Interpretation (3 cr.)
The main objective of this course is critical understanding of accounting and economic concepts as these concepts apply to a company’s performance and financial position. To thoroughly understand a company’s financial position, the analyst must have some accounting forensic skills useful in critically analyzing financial reports. The course is application-based where students will use financial statements to identify value-creating opportunities and risks from the viewpoints of different stakeholders (e.g. creditors, owners, suppliers, customers). Some of the analysis tools discussed in the course include ratios, common size financial statements, vertical analysis and trends. Students will then compare companies with competitors and the industry.
BUS–A 424 Auditing (3 cr.)
Provides an understanding of the audit environment and public expectations for an audit, risk analysis in conducting the audit, internal control, and the quality control procedures of public accounting organizations. Includes coverage of the code of professional conduct, the legal liabilities of CPAs, the auditing and attestation standards, statistical sampling in auditing, audit of operation cycles in a computerized environment, and the auditor's report.
