Accounting and Finance

Professor

William O. BrownG

Randy J ElderG

Dayong HuangG

Venkataraman M. IyerG

Daniel T WinklerG

Associate Professor

Heng AnG

Bill HardenG

Ambrose JonesG

Ayalew Ali LulsegedG

David Roy UptonG

Assistant Professor

Soonchul Hyun

Lijun LeiG

Jay Y Li

Mengmeng Wang

Lecturer

Patricia Fields CatesG

Robert E LamyG

James A. Milanese

Joshua Peter MooreG

G

Graduate-level faculty 

Accounting (ACC)

ACC 201 Financial Accounting 3

Introduction to external financial statements of organizations, emphasizing the use of accounting information in making investment and other decisions. Addresses ethical considerations and role of financial reporting in society.

Prerequisites: ISM 110 and any one of the following: MAT 115, MAT 118, MAT 120, MAT 150, MAT 151, MAT 190, MAT 191, MAT 196, MAT 292, MAT 296.

ACC 202 Managerial Accounting 3

Introduction to internal accounting and reporting of organizations, emphasizing the use of accounting information used by management and other decision makers within the organization.

Prerequisites: ACC 201 or ACC 218.

ACC 218 Financial Statement Preparation and Disclosures 3

First financial accounting course for students desiring to pursue upper division accounting courses. Includes coverage of basic financial statement preparation, time value of money concepts, and techniques for accounting valuations.

Prerequisites: ISM 110 and any one of the following: MAT 115, MAT 120, MAT 150, MAT 151, MAT 191, MAT 292.

Notes: Required entry course for all Accounting and Finance majors.

ACC 300X Experimental Course 1-6

This number reserved for experimental courses. Refer to the Course Schedule for current offerings.

ACC 318 Intermediate Accounting I 3

Focuses on the conceptual framework underlying financial reporting by business enterprises, the processes by which authoritative accounting guidelines are promulgated, and the preparation, presentation, interpretation, and use of financial statements.

Prerequisites: Grade of B- or better in ACC 201 and ACC 202. Grade of C or better in ECO 201.

ACC 319 Intermediate Accounting II 3

The second course in the two-course intermediate accounting sequence. Continues the examination of the preparation, presentation, interpretation, and use of financial statements.

Prerequisites: Grade of C or better in ACC 318.

ACC 325 Accounting Transaction Processing Systems 3

Designed to provide an understanding of a variety of accounting subsystems, systems analysis, and design issues reinforced through case studies.

Prerequisites: Grade of C or better in ACC 318.

ACC 330 Cost Accounting 3

Costs and cost accounting principles, costing systems, cost determination procedures; control and analytical practices for managerial decision-making.

Prerequisites: Grade of B- in ACC 202.

ACC 350 Internship in Accounting 3

This course provides students with an opportunity to apply accounting knowledge in a business environment and to gain a better understanding of the accounting profession.

Prerequisites: Grade of C or better in ACC 318. Accounting major; permission of internship coordinator;

Notes: Grade: Pass/Not Pass (P/NP).

ACC 400X Experimental Course 1-6

This number reserved for experimental courses. Refer to the Course Schedule for current offerings.

ACC 420 Federal Tax Concepts 3

Tax structure and tax principles. Accounting principles and procedures related to tax accounting. Application of tax and accounting principles to specific problems.

Prerequisites: Grade of C or better in ACC 318 or FIN 410.

ACC 440 Auditing Concepts 3

Concepts underlying audit process, procedures used in external auditing, statistical application, preparation of audit programs, and reports. Use of audit software to conduct control risk assessment and substantive tests.

Prerequisites: Grade of C or better in ACC 319 and ACC 325.

ACC 461 Governmental and Nonprofit Accounting 3

This course will introduce students to accounting and financial reporting for nonprofit organizations and governmental entities.

Prerequisites: ACC 319.

ACC 493 Honors Work 3-6

Honors Work.

Prerequisites: 3.30 GPA in the major, 12 s.h. in the major

Notes: May be repeated for credit if the topic of study changes.

ACC 499 Independent Research in Accounting 1-3

Individual study of an issue or problem(s) in accounting of particular interest to the student. Student must arrange time and course requirements with instructor prior to registration.

Prerequisites: Accounting major, senior standing, and permission of Department Head.

Notes: May be repeated for credit with approval of Department Head.

ACC 518 Intermediate Accounting I 3

Focuses on the conceptual framework underlying financial reporting by business enterprises, the processes by which authoritative accounting guidelines are promulgated, and the preparation, presentation, interpretation, and use of financial statements.

ACC 519 Intermediate Accounting II 3

The second course in the two-course intermediate accounting sequence. Continues the examination of the preparation, presentation, interpretation, and use of financial statements.

ACC 525 Accounting Transaction Processing Systems 3

Designed to provide an understanding of a variety of accounting subsystems, systems analysis, and design issues reinforced through case studies.

ACC 531 Cost Accounting 3

Costs and cost accounting principles, costing systems, cost determination procedures, control and analytical practices for managerial decision-making.

ACC 561 Governmental and Nonprofit Accounting 3

This course will introduce students to accounting and financial reporting for nonprofit organizations and governmental entities.

Prerequisites: ACC 519 or grade of C or higher in intermediate financial accounting II course.

ACC 600X Experimental Course 1-6

This number reserved for experimental courses. Refer to the Course Schedule for current offerings.

ACC 602 Federal Tax Concepts 3

Tax structure and tax principles. Accounting principles and procedures related to tax accounting. Application of tax and accounting principles to specific problems.

Prerequisites: ACC 518.

ACC 604 Auditing Concepts 3

Concepts underlying audit process, procedures used in external auditing, statistical application, preparation of audit programs, and reports. Use of audit software to conduct control risk assessment and substantive tests.

Prerequisites: ACC 519, ACC 525.

ACC 613 Directed Studies in Accounting 1-3

Individual study of an issue or problem of interest. Student must arrange topic and course requirements with instructor prior to registration.

Prerequisites: 12 hours of graduate level accounting courses or permission of instructor.

ACC 621 Accounting Internship 3

Combined academic and work components allow students to gain experience in the professional field of accounting. Course supervised by a graduate faculty member and appropriate personnel of the approved organization.

Prerequisites: ACC 518 or grade of C or higher in intermediate financial accounting I course and permission of instructor.

ACC 630 Seminar in Contemporary Accounting Issues 3

Analysis, research, and presentation of current topics and issues relevant to professional accountants.

Prerequisites: ACC 519 or grade of C or higher in ACC 319.

ACC 631 Advanced Auditing 3

Ethics, reporting, law, statistics, and audit software; directed towards professional external and internal auditing.

Prerequisites: ACC 604 or grade of C or higher in ACC 440.

ACC 632 Principles of Fraud Examination 3

This course examines the nature of occupational fraud and abuse in organizations. Students will learn how and why occupational fraud is committed, how fraud can be detected, how fraud can be deterred, and how to proceed if fraud is suspected. Emphasis is placed on asset misappropriation schemes, corruption, and financial statement fraud.

Prerequisites: ACC 604 or grade of C or higher in auditing concepts course.

ACC 638 Information Technology Auditing and Accounting Data Analytics 3

Theory and practice of information technology auditing, computer based systems controls, data analytics models and methods focusing on accounting applications.

Prerequisites: ACC 604 or grade of C or higher in ACC 440.

ACC 642 Specialized Accounting Entities 3

Theory and practice associated with business combinations, consolidated financial statements, partnerships, international operations, bankruptcy and other accounting topics related to specialized accounting entities.

Prerequisites: ACC 519 or grade of C or higher in ACC 319.

ACC 646 Advanced Study in Business Environment and Concepts 1

An in-depth study and review of the underlying reasons for, and accounting implications of, business transactions. This course is only offered online.

Prerequisites: ACC 531 or grade of C or higher in cost accounting course and permission of instructor or Program Director.

ACC 647 Advanced Study in Financial Accounting and Reporting 1

An in-depth study and review of the accounting and reporting represented on the four major financial statements.

Prerequisites: ACC 642 and permission of instructor or Program Director.

Notes: This course is only offered online.

ACC 648 Guided Study in Taxation and Business Law 1

An in-depth study and review of specialized current topics in tax and business law.

Prerequisites: ACC 651 and permission of instructor or Program Director.

ACC 649 Advanced Study in Auditing and Attestation 1

This course provides an in-depth study and review of advanced specialized current topics in auditing and attestation.

Prerequisites: ACC 631 or ACC 638 and permission of instructor or Program Director.

Notes: This course is only offered online.

ACC 651 Introduction to Business Entity Taxation 3

The principles of entity taxation associated with corporations, S corporations, and partnerships. Focuses on a life-cycle approach of tax accounting for these tax entities recognized in the U.S., focusing on issues such as formation, operation, and distributions of corporations.

Prerequisites: ACC 602 or grade of C or higher in ACC 420.

ACC 652 Taxation of Estates, Gifts and Trusts 3

Principles and procedures involved in determining federal estate tax; tax planning using gifts and trusts.

Prerequisites: ACC 602 or grade of C or higher in ACC 420.

ACC 655 Taxation of Corporations and Shareholders 3

Federal taxation of business transactions affecting corporations and shareholders.

Prerequisites: ACC 651 or permission of instructor or Program Director.

ACC 656 Taxation of Flow-Through Business Entities 3

Federal taxation of business transactions affecting flow-through business entities, including partnerships, S corporations, limited liability companies and their owners.

Prerequisites: ACC 651 or permission of instructor or Program Director.

ACC 688 Advanced Business Law 3

Explores legal issues in contract and sales law, negotiable instruments, agency, and business associations and at the same time considers ethical and managerial issues involved when these legal issues arise.

Prerequisites: MGT 330 or permission of Program Director.

ACC 750X Experimental Course 1-6

This number reserved for experimental courses. Refer to the Course Schedule for current offerings.

Finance (FIN)

FIN 200 Introduction to Entrepreneurial Finance 3

Introduction to problems and methods in business finance within the context of entrepreneurial ventures. Topics include business formation, sources of financing, financial statements, business valuation, budgeting, and measuring financial performance.

Prerequisites: Entrepreneurship minor for non-business students.

Notes: Students may not receive credit for ENT 200, FIN 200, and FIN 315. Same as ENT 200.

FIN 300 The Management of Personal Finance 3

Personal budgeting and accounting; borrowing money; buying on credit; personal income tax returns; saving and wise investment of savings; insurance; home ownership.

FIN 300X Experimental Course 1-6

This number reserved for experimental courses. Refer to the Course Schedule for current offerings.

FIN 315 Business Finance I 3

Recognition and analysis of financial problems. Integrated approach to financial management emphasizing basic concepts of valuation, investment, and financial structure.

Prerequisites: ACC 201 or ACC 218. ECO 201, ECO 202; major in ACCT, BADM, CARS, ECOS, ENTR, FINC, HTMT, INTB, ISSC, or MKTG.

FIN 330 Financial Institutions and Markets 3

Principal institutions and markets comprising the financial system; their roles in short-term, long-term and equity financing, interest rate determination and capital formation. Interrelationships between domestic and international and financial markets. Government policy objectives and regulations as influences on the financial system.

Prerequisites: Grade of C or better in FIN 315.

FIN 335 Entrepreneurial Finance 3

This course focuses on financial analysis, financial forecasting, financing, capital costs, and working capital management of start-up businesses and existing businesses in the early stages of development.

Prerequisites: FIN 315.

Notes: Same as ENT 335.

FIN 360 Internship in Finance 3

Provides students with an opportunity to apply finance knowledge in a business environment and to gain a better understanding of the finance profession.

Prerequisites: Grade of C or better in FIN 315. Finance major; permission of internship coordinator.

FIN 400X Experimental Course 1-6

This number reserved for experimental courses. Refer to the Course Schedule for current offerings.

FIN 410 Business Finance II 3

Theory and practical application of capital budgeting, cost of capital and capital structure analysis, working capital management, and financial analysis and planning.

Prerequisites: Grade of C or better in ACC 201 or ACC 218. ECO 250; and a grade of C or better in FIN 315.

FIN 442 Investments 3

Investment principles and practices, investment policies, security analysis, and the mechanics and mathematics of security purchases. Long- and short-term fluctuations of security prices, functions of securities markets and regulatory bodies, and individual investment needs.

Prerequisites: Grade of C or better in FIN 315.

FIN 449 Seminar in Finance 3

Independent study, research, and class discussion covering a topic or group of related topics of current interest in financial theory, policy, or practice. Topics may vary each semester.

Prerequisites: Grade of C or better in FIN 410.

FIN 450 Fundamentals of Futures, Options and Behavioral Finance 3

This course is an introduction to the trading and application of options and futures related to commodity, stock and fixed income products in the financial market. It also introduces the bias and psychology patterns investors demonstrate in their trading.

Prerequisites: Grade of C or better in FIN 315.

FIN 493 Honors Work 3-6

Prerequisite: Permission of instructor; 3.30 GPA in the major, 12 s.h. in the major;

Notes: May be repeated for credit if the topic of study changes.

FIN 499 Problems in Finance 3

Independent study, research, and class discussion covering a topic or group of related topics of current interest in theory or policy of finance. Topics may vary from semester to semester.

Prerequisites: Senior majors. permission of Department Head; grade of C or better in FIN 315;

Notes: May be repeated for credit with approval of Department Head.