Course Descriptions

• Undergraduate
• Graduate

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Undergraduate Course Descriptions

ACTG 1110 Introduction to Accounting. A one-semester general course for students desiring a knowledge of accounting terms, financial statements, and the capital structures of sole proprietorships, partnerships, and corporations. (Credit not allowed in a business major or minor.)

ACTG 2110 Principles of Accounting I. A study of financial accounting for proprietorships and partnerships with emphasis on the accounting cycle for service and merchandising organizations. Additional topics include accounting for receivables; inventories; property, plant, and equipment; and current liabilities. (Not open to students with credit in ACTG 3000.) Prerequisites: A college-level math course; ENGL 1010; sophomore standing.

ACTG 2120 Principles of Accounting II. A continuation of financial accounting concepts with emphasis on debt and equity structures, the statement of cash flows, and ratio analysis. Managerial accounting topics include job, standard, and activity-based costing, CVP analysis, and budgeting. Prerequisite: ACTG 2110.

ACTG 2125 Principles of Accounting II for Accounting Majors. Reporting for corporations with emphasis on issues relating to debt and equity, the statement of cash flows, reporting for manufacturing companies, and other issues related to the profession of accounting. Prerequisite: ACTG 2110 with a minimum grade of C.

ACTG 3000 Survey of Accounting for General Business. Accounting cycle given minor emphasis; financial statement analysis and managerial uses of accounting given major emphasis. May be used for General Business minors or M.B.A. candidates who have no previous accounting courses. (Not open to Accounting majors and students with credit in ACTG 2110 and 2120.)

ACTG 3020 Managerial Accounting. Analysis of costs of products and services, recognition of quantitative techniques relating to management objectives, overview of master budgeting, and planning and control techniques. Designed for non-accounting majors. (Not open to students with credit in ACTG 3310 or Accounting majors).

ACTG 3110 Intermediate Accounting I. Introduction to professional accounting standards and financial statement preparation. Review of the accounting cycle. Extensive coverage of time value of money concepts and accounting for and reporting of current assets; current liabilities; and property, plant, and equipment. Prerequisites: ACTG 2125 or ACTG 3000 with minimum grade of C; MATH 1630; GPA of at least 2.00; junior standing; passing grade on departmental admission exam.

ACTG 3120 Intermediate Accounting II. Continuation of Intermediate I. Continuation of professional accounting standards and financial statement preparation. Extensive coverage of accounting for and reporting of investments, long-term liabilities, owners' equity and related issues, revenue recognition, accounting changes and errors, and cash flows. Prerequisite: ACTG 3110 with minimum grade of C.

ACTG 3310 Cost Accounting. Determine costs of products or services, apply quantitative concepts relating to management objectives, prepare master budgets, and perform various techniques for planning and controlling in a business environment. Prerequisites: ACTG 2125 or 3000 with minimum grade of C; MATH 1630; INFS 2200; junior standing.

ACTG 4310 Advanced Cost Accounting. In-depth analysis of costs; quantitative concepts relating to management objectives, control, and planning. Cost analysis and management accounting practices and problems using a variety of problem sets, statistical techniques, case studies, computer applications, and other materials. Prerequisites: ACTG 3310 with minimum grade of C; QM 3620.

ACTG 4510 Accounting Systems. An introduction to accounting information systems in a variety of technological environments. Emphasis on business process modeling, accounting cycle controls, and database design and implementation. Prerequisites: ACTG 2125 or 3000 with minimum grade of C; INFS 2200; junior standing.

ACTG 4530 Individual Income Taxes. Addressed to a determination of taxable income for individuals; federal income tax returns and research methods. Prerequisites: ACTG 2125 or 3000 with minimum grade of C; junior standing.

ACTG 4550 Introduction to Federal Income Tax. Federal income tax concepts applicable to business entities (C corporations, S corporations, partnerships, limited liability companies, and sole proprietorships) and individuals. Emphasizes the role taxes play in business and investment decisions. Prerequisites: ACTG 2125 with minimum grade of C.

ACTG 4610 Governmental Accounting and Reporting. State and local government accounting principles and procedures; classifications of accounts for budgetary and financial reporting; accounting for revenues and expenditures or expenses; reporting for funds and the governmental entity; and auditing the governmental entity. Prerequisites: ACTG 3120 with minimum grade of C.

ACTG 4620 External Auditing I. Applications of theory and principles of external auditing. Includes gathering and evaluating evidence on accounting data, preparation of reports by public accountants, evaluation of internal controls, use of statistical sampling, legal liability and ethical requirements of public accountants. (Recommended for CPA exam candidates.) Prerequisites: ACTG 3120 and 4510 with minimum grade of C; QM 3620.

ACTG 4640 Internal Auditing. Application of internal auditing concepts. Includes gathering and analyzing company data, assessing risk, applying professional and ethical standards, performing statistical sampling, and preparing internal audit reports. (Recommended for CIA exam candidates.) Prerequisites: ACTG 3120 and 4510 with minimum grade of C; QM 3620.

ACTG 4650 Financial Accounting Standards. Analysis of propositions, axioms, theorems, controversial accounting concepts, and authoritative statements and research on accounting principles. Prerequisite: ACTG 3120 with minimum grade of C.

ACTG 4680 Forensic Accounting and Fraud Auditing. The practice of forensic accounting, i.e., non-traditional investigative aspects of accountancy (e.g., litigation support, business interruptions, etc.); emphasis on fraud prevention and the detection of fraudulent intent to obtain improper individual gains or group gains. Prerequisite: ACTG 4620 or 4640 with minimum grade of C, or approval of Department Chair.

BLAW 3400 Legal Environment of Business. Legal rights and potential liabilities of business persons. Presentation of the dynamic nature of law in responding to the changing social, ethical, political, regulatory, and international environment. Includes the development and nature of the legal system; business crimes; the law of torts and product liability; constitutional limitations on regulatory powers; legislative, judicial, and administrative control of business activity through the laws of business organizations, securities regulations, antitrust laws, employment laws, labor and safety laws, and consumer protection. Prerequisite: Junior standing.

BLAW 3430 Commercial Law. Legal rights and potential liabilities of business persons. Includes basic law of contracts; UCC; sales; commercial paper; secured transactions and credit; bankruptcy; personal property and bailments; real property; and wills, trusts, and estates. Prerequisite: Junior standing.

BLAW 3460 Insurance Law. Risks covered by the insurance contract, their selection and control; making, constructing, and enforcing the contract; negotiation and settlement of claims; misconduct of agents. Government regulation of the insurance industry. Emphasis on current principles, policies, procedures, and practices in insurance. Prerequisite: BLAW 3400.

BLAW 4420 Estate Administration. Legal principles applicable to accumulation, conservation and distribution of estates. Includes gifts, trusts, insurance, powers of attorney, intestate succession, wills, the probate process, wealth transfer taxation, and healthcare directives. Prerequisite: Junior standing.

BLAW 4450 Unfair Trade Practices and Consumer Protection. Examines and evaluates the law and ethics of unfair and deceptive trade practices, consumer protection, and intellectual property, including antitrust law, misleading advertising and other marketing practices. Prerequisite: Junior standing.

BLAW 4470 Real Estate Law. Legal rights and limitations of ownership of property, estates, titles, methods of transferring titles, abstract of titles, mortgages, leases, easements, restrictions on the use of property, real estate development and planning, application of contract law to real property, and the administration of wills. Prerequisite: Junior standing.

BLAW 4490 Industrial Relations Legislation. Examination of the process and effects of government regulation of  labor relations; emphasis on the National Labor Relations Act, the Labor Management Relations Act, the Labor Management Reporting and Disclosures Act, and Title 7 of the Civil Rights Act. Prerequisite: Junior standing.

BLAW 4500 Employment Discrimination Law. A detailed examination of the legal rights and responsibilities of employers and employees with respect to fair employment practices; emphasis on significant statutes, administrative regulations, and judicial decisions forming the body of antidiscrimination law. Prerequisite: Junior standing.

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Graduate Course Descriptions

ACTG 5510 Accounting Systems. Current developments in establishment of complete accounting systems and the application of principles to typical business organizations. Special emphasis on accounting cycles, controls, and database design. Prerequisites: ACTG 3020 or 3310 and INFS 2200 or consent of department chair.

ACTG 5530 Federal Taxes I. Addresses determination of taxable income for individuals; federal income tax returns and research methods . Prerequisites: Graduate standing and permission of department chair.

ACTG 5610 Governmental Accounting and Reporting. State and local government accounting principles and procedures; classifications of accounts for budgetary and financial reporting; accounting for revenues and expenditures or expenses; reporting for funds and the governmental entity; and auditing the governmental entity. Prerequisite: ACTG 3120 with a minimum grade of C.

ACTG 5680 Forensic Accountancy and Fraud Auditing. Practice of forensic accounting, i.e., nontraditional investigative aspects of accountancy (e.g., litigation support, business interruptions, etc.); emphasis on fraud prevention and detection of fraudulent intent to obtain improper individual or group gains. Prerequisites: ACTG 4620 or 4640 or approval of department chair.

ACTG 5840 Study Abroad. A short-term international business education experience designed to expose the student to the economic, political, cultural, and social environments of a foreign country(ies), with specific emphasis directed toward the international state/status of the subject matter pertinent to the discipline. Prerequisites: Graduate standing and completion of core courses in respective field as determined by graduate business studies.

ACTG 6000 Survey of Accounting Principles. The accounting cycle, financial statements, accounting systems, use of accounting information for managerial decision-making purposes and problem solving. Not open to student with undergraduate accounting backgrounds. May not be used for elective credit in graduate business degree programs.

ACTG 6100 Accounting and Legal Issues for Managers. Surveys accounting skills and legal perspectives necessary for managers without undergraduate business degrees to enter the business world. Will not meet the requirements for the M.S. in Accounting/Information Systems nor the M.B.A. degree programs.

ACTG 6110 Advanced Financial Accounting. Extensive coverage of consolidated financial statement preparation.
Financial accounting topics including advanced partnerships, interim financial reporting, segment reporting, foreign currency issues, and accounting for fiduciaries also covered. Readings from professional journals and research related to current accounting issues. Prerequisite: ACTG 3120 with a minimum grade of C.

ACTG 6310 Advanced Cost Accounting, Budgeting, and Controllership. Recent conceptual and analytic development in cost accounting, budgeting, and controllership. Includes principles and procedures in preparation of business budgets and methods of accounting for managerial control of cost of production, distribution, and administration through the use of standards. Prerequisite: ACTG 3020 or 3310 or 6910.

ACTG 6510 Federal Income Tax Research and Planning. Skillful application of tax research methodology in the use of primary tax authority, secondary tax reference materials, and research aids. Research through practice in the use of materials available in the tax library. Prerequisites: ACTG 4530/5530 and 4540/5540 or consent of instructor.

ACTG 6530 Taxation of Pass-Through Entities. Principles of partnership and S corporation taxation. Addresses the tax consequences of formation, operations, distributions, and liquidations of partnerships. Also covers tax rules unique to S corporations. Prerequisite: ACTG 4550 or consent of instructor.

ACTG 6540 Taxation of Business Entities. The federal income taxation of business entities, including C corporations, S corporations, partnerships, limited liability companies and estates and trusts. Also covers estate and gift taxation. Prerequisite: ACTG 4550 with a minimum grade of C or consent of instructor.

ACTG 6550 U.S. International Taxation. Basic concepts of U.S. taxation of international transactions. Topics include sourcing of income from foreign activities, Subpart F income, selecting the proper vehicle for foreign investments, and computing foreign tax credits. Prerequisites: ACTG 4550.

ACTG 6570 International Financial Reporting and Controls. Advanced study of international financial reporting issues, international financial statement analysis, international accounting standards, foreign currency translation, foreign currency transaction reporting, international management accounting issues, and international taxation practices. Prerequisites: Nine hours of accounting with a C or better.

ACTG 6610 Advanced Governmental and Nonprofit Accounting and Reporting. State and local government accounting principles and procedures; accounting and reporting for state and local governments, colleges and universities, hospitals, and nonprofit organizations. Auditing practices for all these organizations. Prerequisites: ACTG 3120 and ACTG 4610/5610 with a minimum grade of C.

ACTG 6650 Advanced Accounting Theory. History and development of accountancy, tax structures, and industrial development of past, present, and projected societies including relevant research into current controversial issues. Extensive research required. Required for M.S. in Accounting/Information Systems with accounting as the primary field. Prerequisite: Consent of department chair.

ACTG 6670 Advanced Financial Accounting and Reporting Problems. Application of theoretical concepts and promulgations of authoritative bodies to financial accounting and financial reporting situations encountered in practice. Prerequisite: Accounting major or consent of instructor.

ACTG 6720 Advanced Auditing and Public Accounting Practices. Critical analysis of techniques used in auditing, method of data collection, and nature of audit evidence. Includes modern and relevant statistical and social research techniques and computer use as applied to the various steps in audit practices and procedures. Prerequisite: ACTG 4620 or consent of department chair.

ACTG 6730 External Auditing II. Responsibilities and functions of external auditors in providing attestation services. Auditing concepts, standards, and techniques including application of audit techniques to various transaction cycles will be covered. Prerequisite: ACTG 4620 or equivalent with a minimum grade of C.

ACTG 6810 Empirical Methods in Accounting. Foundation requirements and consent of instructor. Independent study and research on topics in or related to accounting under supervision of graduate faculty.

ACTG 6910 Accounting and Business Decisions. Accounting concepts and their application to the decision-making process. Research reports on a variety of financial and managerial accounting topics prepared and presented orally by the student. Not open to students with undergraduate major in accounting. Prerequisite: ACTG 2120 or equivalent.

ACTG 6920 Financial Statement Analysis. Concepts and techniques of financial statement analysis, income determination, and related institutional background. Not open to students with undergraduate majors in accounting.