Business and Economics students majoring in the School in order that they may have a fundamental background in courses basic to successful completion of additional work. They are listed, as a suggestion, according to the years in which they should be completed: First Year Accounting 1, 2, 3 Second Year Economics 5, 6 Economics 49, 50, 51 Accounting 54 Description Elementary Accounting Principles of Economics Elementary Statistics Concepts of Electronic Data Processing Office Administration 33 Business Communication Hours 12 Third Year Banking and Finance 141 Corporation Finance Management 136 Management 160 Management 172 Marketing 170 Human Relations Business Law Industrial Organization and Management Principles of Marketing 4 3 4 4 4 Total hours 54 Department of Accounting Talmage Y. De Lange, Chairman Professor, Paul M. Hansen; Associate Professor, Talmage Y. De Lange; Assistant Professors, Duane E. Baldwin, Daniel Favero, James C. Harper; Instructor, Fred C. Brown. Accounting Major—In addition to the core requirements for all students in the School, requirements for a major in Accounting include Accounting 111, 112, 113, 120, 121, 199, plus at least 12 additional quarter hours in upper division accounting. Also required are an additional 4 quarter hours in upper division non-accounting courses offered by the School of Business and Economics. Accounting Minor—A baccalaureate degree student may obtain a minor in accounting by completing Accounting 1, 2, 3, 111, 112, and 113. A non-business and economics major, in addition will complete Economics 5, 49, and Management 172. Business and Economics Composite Teaching Major in Business Education (Accounting)—See Business Education Composite Teaching Major. School of Education, page 232. Courses of Instruction 1. Elementary Accounting—Fundamentals of debit and credit, statements, work sheets, cycle, journals, ledgers, accrued and deferred items, closing the books, merchandising accounting. A W S (4) Staff 2. Elementary Accounting—Continuation of Accounting 1. Cash, investments, receivables, inventory, fixed assets, liabilities, partnerships and corporations. Prerequisite: Accounting LAWS (4) Staff 3. Elementary Accounting—Continuation of Accounting 2. Analysis of financial data and statements, price-level changes, special type statements, departmental and branch operations, budgeting, profit planning, consolidated statements, aids to management. Prerequisite: Accounting 2. A W S (4) Staff 54. Concepts of Electronic Data Processing—A generalized course designed to explore the history of electronic data processing and to develop an understanding of the practical uses of computers in business problem solving. Prerequisite: Accounting 3. A W S (3) Nicholas, Jensen 58. Computer Programming for Business—Applied basic programming principles with emphasis on actual machine experience. Prerequisite: Accounting 54. W S (3) Nicholas, Jensen 110. Managerial Accounting—Developments, analysis, and interpretation of accounting records and financial statements, with emphasis on the decision-making process, internal control, and budgets. Prerequisite: Accounting 3. (Same as Management 110.) A W S (4) Brown, Favero 111. Intermediate Accounting—Financial statements, corrections of prior years' earnings, corporation problems, accounting principles and theory, cash and receivables. Prerequisite: Accounting 3. A W (4) De Lange, Favero 112. Intermediate Accounting—Continuation of Accounting 111. Inventories, investments, fixed assets—tangible and intangible. Prerequisite: Accounting 111. W S (4) De Lange, Favero 113. Intermediate Accounting—Continuation of Accounting 112. Liabilities and reserves, interpretation of financial statements, analysis of working capital and operations, special statements, and problems of reorganizations, income tax and price levels. Prerequisite: Accounting 112. A S (4) De Lange, Favero 202 203