Accounting (Comprehensive)

1. General Education Requirements - see “Academic Programs and Requirements” section of catalog

2. COBA Admission and Program Requirements - see “College of Business Administration/Admission and Program Requirements” section of catalog

3. Major Requirements

   1. ACC 301(3), 302(3), 311(3), 321(3), 341(3), 470(1), 550(3)

   2. Complete 3 courses from: ACC 504(3), 505(3), 511(3), 521(3), 522(3), 531(3), 555(3), 556(3)

      Note: All accounting majors are required to complete at least 90 semester hours of required course work outside of accounting courses.

4. General Baccalaureate Degree Requirements - see  “Academic Programs and Requirements” section of catalog

Accounting

1. ACC 201(3)*, 211(3)*

2. Complete nine additional hours of accounting from ACC 301(3), 302(3), 311(3), 321(3), 341(3), 421(3), 422(3), 504(3), 505(3), 511(3), 521(3), 531(3), 550(3), 555(3), and 556(3)
   * ACC 206(4) may be substituted for ACC 201 and 211.

Internal Auditing

The Internal Auditing undergraduate certificate program provides a 12 hour undergraduate level experience in the internal auditing field. Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approached to evaluate and improve the effectiveness of risk management, control, and governance processes. The program has gained the endorsement of the Institute of Internal Auditors (IIA). Contact the Director of the School of Accountancy for additional information.

Entrance Criteria: Student must be admitted to a COBA degree program or have courses approved by the Director of the School of Accountancy.

Requirements: (a “C” grade or better in each course is required)

1. ACC 555(3), 556(3); and ACC 341(3) or CIS 429(3)

2. Complete 3 hours from: ACC 311(3), 494(5)*, 496(1-2)*; FGB 380(3); MGT 340(3), 364(3); MKT 350(3)
   * if internal auditing related

Accounting Courses

ACC 109 The Accounting Cycle 1(1-0), D

Introduction to the basic accounting concepts related to the processing of transactions and preparation of an income statement and balance sheet. A student who has received credit for ACC 201 at the time of enrollment in ACC 109 will not receive credit for ACC 109.

ACC 121 Individual Tax Return Preparation 1(1-0), D

Principles of income tax with emphasis on the preparation of returns for individual taxpayers. Attention will be given to the proper reporting of income and deduction items.

ACC 201 Introduction to Financial Accounting 3(3-0), F,S

Prerequisite: completion of 24 credit hours and the math general education requirement. Methods and procedures employed in financial accounting with emphasis on development and interpretation of financial statements. Credit by examination is available. A grade of "B" or better is required to take ACC 301, 321, or 531.

ACC 206 Accounting Choices and Methods 4(4-0), F,S

Prerequisite: UHC 110. Comprehensive and accelerated examination of alternative accounting models, including electronic spreadsheet models, and their uses. Replaces ACC 201 and 211 for Honors Students. A grade of "C" or better is required in this course in order to take ACC 301, 311 or 321. May not be taken Pass/Not Pass.

ACC 209 Accounting Applications for Microcomputers 1(1-0), D

Use of the microcomputer and electronic spreadsheets to master the basic accounting cycle.

ACC 211 (202) Introduction to Managerial Accounting 3(3-0), F,S

Prerequisite: ACC 201 and CIS 201 (or concurrent enrollment in CIS 201). Methods and procedures employed in managerial accounting with emphasis on the use of accounting data for decision making. At least one spreadsheet project will be assigned. A grade of "C" or better is required in this course in order to take ACC 311. A grade of "B" or better is required in this course to take ACC 301. This course may not be taken Pass/Not Pass.

ACC 297 Topics in Accounting 1-3, D

A variable content course with topics that can change from semester to semester. Topics are identified by title in the schedule of classes.

ACC 301 (244) Intermediate Accounting I 3(3-0), F,S

Prerequisite: grade of "B" or better in ACC 201 and ACC 211, or ACC 206 or ACC 500; and undergraduate business majors must be admitted to COBA. Financial Accounting Theory applications to the accounting process of corporations. Review of financial statements; accounting for current and long-term assets. A grade of "C" or better is required in this course in order to take ACC 302,  341, 504 or 505. May not be taken Pass/Not Pass.

ACC 302 (245) Intermediate Accounting II 3(3-0), F,S

Prerequisite: grade of "C" or better in ACC 301; and undergraduate business majors must be admitted to COBA. Continuation of intermediate accounting. Accounting for liabilities and equity. A grade of "C" or better is required in this course in order to take ACC 550. May not be taken Pass/Not Pass.

ACC 311 (241) Managerial Cost Accounting 3(3-0), F,S

Prerequisite: grade of "C" or better in one of ACC 211 or ACC 206 or ACC 500; and undergraduate business majors must be admitted to COBA. Function of cost accounting; means and methods of its applications in specific accounting situations. A grade of "C" or better is required in this course in order to take ACC 511.

ACC 321 (443) Tax Accounting I 3(3-0), F,S

Prerequisite: grade of "B" or better in one of ACC 201 or ACC 206 or ACC 500; and undergraduate business majors must be admitted to COBA. Principles of income tax accounting; current laws and income tax problems of individuals. A grade of "C" or better is required in this course in order to take ACC 521 or 522. May not be taken Pass/Not Pass.

ACC 341 Accounting and Management Information Systems 3(3-0), F,S

Prerequisite: grade of "C" or better in ACC 301; and undergraduate business majors must be admitted to COBA. Accounting system examined as a crucial base for the desired comprehensive management information system of an organization. Impact of the computer on accounting systems controls and the auditing of EDP based accounting systems. A grade of "C" or better is required in this course in order to take ACC 550. May not be taken Pass/Not Pass.

ACC 394 (399) Cooperative Education in Accounting 1-3, D

Prerequisite: permission of the School of Accountancy Director; and undergraduate business majors must be admitted to COBA. The opportunity to earn academic credit in a planned learning process that integrates academic training with a supervised work experience. This is a variable content course that may be repeated to a total of 6 semester hours in Cooperative Education.

ACC 397 (300) Topics in Accounting 1-3, D

Prerequisite: undergraduate business majors must be admitted to COBA. A variable content course with topics that can change from semester to semester. Topics are identified by title in the schedule of classes. Examples are: inflation accounting, management advisory services, public utility accounting, financial reporting to regulatory agencies. May be repeated to a total of 6 hours.

ACC 421 Volunteer Income Tax Assistance (VITA) 1(0-2), S

Prerequisite: grade of "C" or better in ACC 321; and undergraduate business majors must be admitted to COBA. Field work in the preparation of individual income tax return (state and federal) covering topics of gross income, deductions and credits.

ACC 422 Advanced Volunteer Income Tax Assistance (VITA) 1(0-2), S

Prerequisite: undergraduate business majors must be admitted to COBA. Experience in the planning and scheduling of the VITA program and provides final review of actual income tax returns prepared under field conditions.

ACC 470 Professionalism in Accountancy 1(1-0), F,S

Prerequisite: 15 semester hours of upper division accounting courses; and undergraduate business majors must be admitted to COBA. Cases (including written and oral presentations) will focus on ethical and regulatory issues in accounting. Students will focus on professional behavior appropriate for accounting professionals.

ACC 494 (499) Internship in Accounting 5(0-10), D

Prerequisite: 20 credit hours of accounting courses and permission of the School of Accountancy Director; and undergraduate business majors must be admitted to COBA. Internship experience in an organization emphasizing public, managerial or not-for-profit accounting.

ACC 496 (408) Readings in Business Administration—Accounting 1-2, D

Prerequisite: permission of the School of Accountancy Director; and undergraduate business majors must be admitted to COBA. Planned readings designed to intensify and supplement the area of accounting.

ACC 500 (600) Financial Accounting Concepts for Managers 3(3-0), F,S

Prerequisite: permission of a director of COBA graduate program or the director of the MS in Administrative Studies program. Comprehensive study of the fundamentals of financial accounting. Designed for graduate students who have not had an undergraduate course in financial accounting. Will not be counted in the hours required for a COBA undergraduate or graduate degree.

ACC 504 (404) Advanced Accounting 3(3-0), F,S

Prerequisite: grade of "C" or better in ACC 301; and undergraduate business majors must be admitted to COBA. Study of accounting for pensions, deferred taxes, business combinations, partnerships, and certain multicurrency accounting issues.

ACC 505 International Accounting 3(3-0), F,S

Prerequisite: grade of "C" or better in ACC 301; and undergraduate business majors must be admitted to COBA. Accounting practices in different nations; multi-national corporation and selected accounting problems.

ACC 511 Managerial Cost Accounting II 3(3-0), S

Prerequisite: "C" grade or better in ACC 311. A continuation of the topics examined in ACC 311. Specific topics covered include activity-based costing, strategic cost management, activity- and strategic-based responsibility accounting, quality costing, measurement and control of productivity, environmental cost management, cost-volume-profit analysis, activity resource usage, relevant costing, pricing and profitability analysis, capital investment decisions, and inventory management topics such as economic order quantity, just-in-time, and the theory of constraints.

ACC 521 (444) Tax Accounting II 3(3-0), F,S

Prerequisite: grade of "C" or better in ACC 321; and undergraduate business majors must be admitted to COBA. Principles of federal tax accounting; research in income tax problems of partnerships and corporations; estate and gift tax problems of individuals.

ACC 522 Individual Income Tax Assistance 3(1-4), S

Prerequisite: grade of "C" or better in ACC 321; and undergraduate business majors must be admitted to COBA. To provide undergraduate/graduate students with an opportunity to integrate intermediate tax accounting skills, critical thinking skills, communication skills, and research skills with community service. This course provides service-learning experience in the preparation and review of actual individual income tax returns (both federal and state) as well as the social and ethical issues inherent in US tax policy.

ACC 531 (331) Governmental and Not-For-Profit Organizational Accounting 3(3-0), F,S

Prerequisite: 75 credit hours and a grade of "B" or better in ACC 201 or ACC 206 or ACC 500; and undergraduate business majors must be admitted to COBA. Governmental and not-for-profit organizational accounting records and funds, budgeting, budget control, analysis and interpretation of financial statements.

ACC 550 Auditing 3(3-0), F,S

Prerequisite: grades of "C" or better in ACC 301 and ACC 302 and ACC 311 and ACC 321 and ACC 341; and undergraduate business majors must be admitted to COBA. Kinds of audits, the duties and obligations of the auditor, principles and procedures to be followed in conducting an audit. A grade of "C" or better is required in this course in order to take ACC 650. This course has a required assessment component. May not be taken Pass/Not Pass.

ACC 555 Internal Auditing 3(3-0), F

Prerequisite: grade of "C" or better in one of ACC 341 or CIS 429 or CIS 461; and undergraduate business majors must be admitted to COBA. Functions of internal audit, financial audit, and operations audit; importance of the changing professional status of the internal auditor.

ACC 556 Operational Auditing 3(3-0), S

Prerequisite: 60 credit hours; and undergraduate business majors must be admitted to COBA. Primarily a case study approach covering nonfinancial audits of efficient and effective resource utilization, accomplishment of operational goals, adherence to laws and regulations, fraud prevention and detection, integrity and security of computer systems, and achievement of program goals.

ACC 596 Research Issues and Problems: Accounting 1-3, D

Prerequisite: 60 credit hours and permission of the School of Accountancy Director; and undergraduate business majors must be admitted to COBA. Research issues and projects growing from particular needs which may require additional depth or breadth of study. Outline of study must be approved prior to enrolling. May be repeated to a total of 3 hours.

ACC 603 Seminar in Accounting Theory 3(3-0), F,S

Prerequisite: grades of "C" or better in ACC 302 and in 15 credit hours of accounting courses at the 300 level or higher. Critical evaluation and interpretation of accounting theory. Completion of a significant research project.

ACC 605 Advanced Financial Accounting Problems 3(3-0), F,S

Prerequisite: grade of "C" or better in ACC 302 and in ACC 504 or concurrent enrollment in ACC 504. Case studies of the application of major authoritative financial accounting pronouncements to integrated financial accounting problems; emphasis on the impact of accounting pronouncements on financial reporting, the changing trend in accounting theory and the possible future development of accounting pronouncements.

ACC 611 Managerial Accounting 3(3-0), F,S

Prerequisite: grade of "C" or better in ACC 211 or ACC 206 or ACC 500. Role of accounting in improving the practice of business management; budgeting, accounting analysis, the behavior of costs, accounting control. This course will not be counted in the 33 semester hours required for the MAcc degree.

ACC 612 (512) Controllership and Communication 3(3-0), F

Prerequisite: grade of "C" or better in ACC 311 or in ACC 611. An in-depth examination of the leadership and communication challenges associated with being a controller and/or professional accountant. The written and oral communication skills required for success as a professional accountant will be developed.

ACC 615 (546) Advanced Cost Accounting 3(3-0), S

Prerequisite: grade of "C" or better in ACC 311 or ACC 611. An in-depth study of problems and contemporary issues in cost accounting. An introduction to selected quantitative techniques used by accountants to solve cost accounting problems.

ACC 621 Advanced Tax Accounting 3(3-0), S

Prerequisite: grade of "C" or better in ACC 321 and ACC 521. Case study approach to develop tax research, analytical, and communication skills. Incorporated into the case studies are ethical and legal constraints within which tax practitioners are obligated to operate.

ACC 622 Public Service Tax Accounting 3(2-3), S

Prerequisite: permission of instructor. Students will learn theoretical foundations in public service tax accounting topics and develop skills; which will apply to practical situations that will help students be better citizens and employees. Students will assist low-income, elderly, and English as Second Language taxpayers in the community in identifying and meeting their tax rights and responsibilities.

ACC 623 Tax Considerations for Decision Makers 3(3-0), F

Prerequisite: grade of "C" or better in ACC 521. Tax course with emphasis on recognizing and understanding the importance of tax considerations in the process of making decisions in business and personal matters; developing a tax institution to anticipate and understand the effect of prospective tax law changes; examining U.S. tax policy issues; and motivating students to a lifetime of learning by engaging them in independent study.

ACC 631 Control of Non-Profit Organizations 3(3-0), D

Prerequisite: grade of "C" or better in ACC 311 or ACC 611. Case study approach to financial control in non-profit organizations. Special emphasis is on governmental and health care organizations, although other non-profit organizations are also studied.

ACC 641 Advanced Accounting and Management Information Systems 3(3-0), F

Prerequisite: grade of "C" or better in ACC 341. Application of the concepts of systems design and implementation. Study of the attributes of accounting information systems and their relationship with management information systems. Functions of accounting information systems including data collection and transmission, internal controls, data organizations and storage, processing data, and information retrieval and display. Characteristics and applications of both manual and automated information systems.

ACC 650 (551) Advanced Auditing 3(3-0), F,S

Prerequisite: grade of "C" or better in ACC 550. External auditing procedures; implementing auditing standards; verifying adherence to generally accepted accounting principles; importance of the auditor's attest function.

ACC 651 Information Systems Auditing 3(3-0), S

Prerequisite: grade of "C" or better in ACC 550 or ACC 555. A study of information systems controls; auditing around, through, and with the computer; auditing advanced computer systems, spreadsheets and other fourth generation language applications. Hands-on computer auditing projects will be integrated into the course.

ACC 652 Fraud Examination 3(3-0), D

Prerequisite: grade of "C" or better in ACC 211 or ACC 206 or ACC 500, and permission of instructor. An in-depth study of the fraud examination process, including fraud prevention, detection, investigation, and management and employee fraud, and the legal aspects of fraud. Case studies are used extensively throughout the course.

ACC 690 Seminar in Accounting 3(3-0), D

Prerequisite: 12 graduate credit hours of accounting courses and permission of the Master of Accountancy Program Director. Critical evaluation and interpretation of the current research and professional literature in accounting. Study of ethical and institutional features of the accounting environment. Completion of a significant research project.

ACC 694 Internship: Accounting 3(3-0), D

Prerequisite: 12 graduate credit hours of accounting courses and permission of the Master of Accountancy Program Director. In consultation with the coordinating professor, the student is engaged in first-hand experience with a business, organization, or other professional entity. A portfolio of assigned work shall be collected, examined, and evaluated during the semester.

ACC 696 Independent Study—Accounting 1-3, D

Prerequisite: permission of Master of Accountancy Program Director. In consultation with coordinating professor, student selects for intensive study of a specific area of concern related to the student's program, with emphasis on research.

ACC 697 (670) Special Topics in Accounting 1-3, D

Prerequisite: 9 graduate credit hours of accounting courses and permission of the Master of Accountancy Program Director. In-depth study of contemporary topics in accounting. Each offering concerns a single topic. May be repeated with departmental permission to a total of 9 hours.

ACC 699 (599) Thesis 1-6, D

Prerequisite: permission of the Master of Accountancy Program Director. Independent research and study connected with preparation of thesis.