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Show Accounting and Information Systems Accounting and Information Systems Program: Accounting Major — Bachelor Degree I. College Requirements: A. Specific course requirements of the college (see index). Economics SS274 (5) or 430 (4) is recommended to satisfy the state requirements. B. Bachelor Degree General Education requirements (see index). II. School of Business and Economics Requirements: See School of Business and Economics section of the catalog. III. Major Requirements (minimum of 40 credit hours): A. Required courses (32 credit hours): Accounting 311 (4), 312 (4), 313 (4), 330 (4), 340 (4), 420 (4), 421 (4), 446 (4). B. Elective courses (8 credit hours): Accounting 301 (4), 341 (4), 342 (4), 422 (4), 431 (4), 447 (4), 449 (4), 450 (4), 461 (4), 470 (4), 480(4). Composite Teaching Major in Business Education (Accounting) — (See Composite and Interdepartmental Programs.) Program: Accounting Minor for Business and Non-Business Majors I. Non-business majors (minimum of 51 credit hours): A. Required courses (38 credit hours): Accounting 201 (4), 202 (4), 203 (4), 311 (4); Mathematics 107 (5); Economics SS101 (5), 160 (4), 260 (4); Management 301 (4). B. Elective courses (12 credit hours): these courses must be approved by the department prior to taking the courses. School of Business and Economics Majors A. Minimum of 16 credit hours as explained below. B. Required course: Accounting 311 (4). C. Elective courses (12 credit hours): These courses must be approved by department prior to taking the courses. II. ACCOUNTING COURSES 100. Practical Accounting and Taxes (2) A conceptual look at financial accounting and federal taxes as they relate to the individual's personal life. 201. Elementary Financial Accounting I (4) Introduction to financial accounting, the accounting cycle and financial statements; recording financial transactions; adjusting and clos ing entries; and accounting for cash, receivables, payroll, inventories and cost of goods sold. 202. Elementary Financial Accounting " (4) Continuation of financial accounting; plant and equipment; partnerships; corporations; liabilities; investments; consolidations; statement of changes in financial position; and accounting for price level changes. Prerequisite: Accounting 201. 203. Managerial Accounting (4) Development, analysis, and interpretation of accounting records and financial statements with emphasis on cost differentiation, the decision-making process, internal control, and budgets. Prerequisite: Accounting 202. 289. Cooperative Work Experience (1-4) Open to students meeting criteria established from time to time by the department and on file either in the department or the Cooperative Education Office. Credit does not count toward any accounting degree programs. 292. Short Courses, Workshops, Institutes and Special Programs (1-4) In order to provide flexibility and to meet many different needs, a number of specific offerings are possible using this catalog number. When the number is used it will be accompanied by a brief and specific descriptive title. The specific title with the credit authorized for the particular offering will appear on the student transcript. 301. Accounting Systems (4) Analysis, design, and implementation of management information systems, with special emphasis on the role of accounting, computers, and computer programing in the management process. Prerequisite: Accounting 203' 311. Intermediate Accounting I (4) Review of fundamentals; introduction to accounting theory; time value of money; financial statements; cash and secondary cash resources; receivables; inventories. Prerequisite: Accounting 203' 312. Intermediate Accounting II (4) Investments; plant and equipment; acquisitions; retirements; depreciation; depletion; revaluation; intangible assets; liabilities; retained earnings; dividends; treasury stock; book value. Prerequisite: Accounting 311. 313. Intermediate Accounting III (4) Pensions and leases; corporate stockholder's equity; income taxes; correction of errors; changes in financial position and cash flows; analysis of financial statements; price level accounting. Prerequisite: Accounting 312. 330. Cost Accounting (4) Product costing utilizing job cost and process cost systems; planning and controlling routine operations through use of standards; budgeting and responsibility accounting; includes computer and quantitative applications. Prerequisite: Accounting 203 ' 340. Federal Tax Accounting (Formerly Accounting 440) (4) Federal income taxation of individuals. Prerequisite: Accounting 202 or consent of the instructor.* 341. Federal Tax Accounting (Formerly Accounting 441) (4) Federal income taxation of business organizations. Prerequisite: Accounting 340. 342. Wills, Gifts, Estates and Trusts (4) Estate planning including consideration of intestacy and probate law, taxation of estates and gifts, and the use of trusts. Prerequisite: Accounting 340 or consent of instructor. 420. Advanced Accounting I (4) Branch and home office accounting; business combinations; consolidated financial statements. Prerequisite: Accounting 313. 421. Advanced Accounting II (4) Partnerships; joint ventures; segment reporting; interim financial statements; forecasts; multinational companies; bankruptcy and corporate reorganization; installment sales and consignments; governmental accounting; not- for-profit entities; accounting for estates and trusts. Prerequisite: Accounting 420. 422. Accounting for Governmental and Other Not-for-Profit Entities (4) Accounting concepts and procedures relating to financial accounting systems, management accounting systems, auditing, and reporting problems of such entities as federal, state, and local governments, schools, universities, hospitals, and voluntary health and welfare organizations. Prerequisite: Accounting 421. 431. Advanced Cost Accounting (4) Emphasis on cost analysis for non-routine decisions and long-range planning; performance measurement; non-manufacturing costs and alternative methods of overhead applications. Prerequisite: Accounting 330. 446. Auditing Concepts (4) Generally accepted auditing standards, code of ethics, legal liability, evidence, working papers, internal control, reporting. Prerequisite: Accounting 313. j --aw ^rfDrr nrll Brat nation Reclrl s {Registrar., Composite,? Hnterttept:- Programs' Allied j ~^+€arttf Mscleiicesr I M\iJ 1 j j i 188 189 .. Cft ua all m ojuTdliun 1 rvatiral MSfflicBi Social . Sciences. i -TeetofleH>§y- —Ed |
