Accounting

ACC1001 is the first accounting course of a three-course sequence focusing on how stakeholders rely upon accounting information to assist them in their decision-making activities. This course introduces accounting as the "language of business" the tool used to communicate the effects of an organization's business activities on its income, financial position, and cash flows. The course provides an overview of the financial accounting system, including the role of accounting in business; the format, content, and use of financial statements; the impact of transactions on the financial statements; and the regulatory environment of accounting.

ACC1002 is the second accounting course in a three-course sequence examining how stakeholders use accounting information to support decision-making activities. It continues the study of the financial accounting system, including the time value of money and the impact of financing, investing, and operating activities on a firm's earnings, financial position, and cash flows. The course also introduces managerial accounting systems as essential tools for managerial decision-making and presents various cost concepts, emphasizing that different costs serve different purposes.

ACC1003 is the third accounting course in a three-course sequence examining the use of accounting information to support decision-making activities. It continues the study of managerial accounting, with an emphasis on product costing through traditional and activity-based approaches, the application of cost-based information in decision-making, the use of budgeting to achieve organizational objectives, traditional and contemporary performance management methods for responsibility centers, and capital budgeting.

This course provides students with an integrated view of business processes/cycles, information processes, and accounting procedures. Topics include how business and information processes impact business strategy.

This course explores Generally Accepted Accounting Principles (GAAP) associated with preparing and reporting a corporation's balance sheet, income statement, and statement of cash flows. Topics may include the regulatory environment surrounding financial accounting, measurement and reporting of balance sheet assets, and fundamental revenue and expense recognition principles.

This course explores cost accumulation and budgeting systems used in manufacturing, service, and informational organizations. Students apply cost accounting information to management planning and decision-making activities.

This course extends the study of cost management techniques used in manufacturing, service, and information organizations. Emphasis is placed on performance measurement., Topics include performance reporting systems, Total Quality Management (TQM), theory of constraints, capital investment analysis, and economic value added.

This course examines the U.S. Internal Revenue Code applicable to individual income taxation. Topics may include taxable income, deductions, exemptions, property transactions, filings, and individual tax planning. 

This course explores accounting principles applicable to governmental (state and local), health care, educational, and other not-for-profit organizations. Topics may include the regulatory environment (which includes standard setting bodies such as the Governmental Accounting Standards Board GASB, fund accounting, reporting requirements, financial management, and budgets.

This course emphasizes fundamental assurance theories, concepts, and techniques relevant to internal auditing practices. Topics may include the regulatory environment governing internal auditing, risk assessment, internal controls, evidential matter, audit reporting, and fraud.