110 Accounting Program: Accounting Major -Bachelor Degree College Requirements: Specific Course Requirements of the College (see index). Econ SS 274 (5) or 430 (4) is recommended to satisfy the State Senate Bill requirement. Bachelor Degree General Education Requirements (see index). A minor is not required. A 2.50 GPA is required for business core and major and minor courses. An overall College GPA of 2.00 is required. 183 total hours are required for this degree. Sixty of the 183 hours must be upper division (courses numbered 300 or above). School of Business and Economics Requirements: See School of Business and Economics Requirements section of the catalog. Major Requirements (42 credit hours): Acctng 311 (3), 312 (3), 313 (3), 314 (3), 330 (4), 331 (3), 340 (3), 344 (3), 360 (3), 413 (3), 414 (3), 416 (3), 451 (3), 452 (3). Program: Accounting Minor for Business and Non-Business Majors Non-business majors (minimum of 49 credit hours): Advanced Standing (31 credit hours) Acctng 230 (3), 311 (3,) 312 (3). Elective courses (9 credit hours): These courses must be approved by a department adviser prior to taking the courses. School of Business and Economics Majors (minimum of 15 additional credits): Acctng 311 (3), 312 (3). Elective courses (9 credit hours): These courses must be approved by a department adviser prior to taking the courses. 111 Accounting Master of Professional Accountancy Courses 614. Evolution of Accounting Thought (4) Development of generally accepted accounting principles including discussions of the CAP, APB, FASB, and SEC. FASB conceptual framework project, self-regulation, politicization of accounting standard setting, and environmental influences affecting the accounting profession. Prerequisite: Graduate standing. 615. Financial Accounting Theory (4) The development of accounting theory, income determination, asset valuation, and the relationship between accounting theory and current accounting standards. Prerequisite: Graduate standing or consent of instructor. 621. Ethical Considerations and Legal Liability (4) A study of the ethics espoused by accountants and their professional organizations with attention given to the current legal climate in which accountants operate. Prerequisite: Graduate standing. 623. Advanced Business Law for Accountants (4) The study of advanced business law topics oriented toward the accountant and passage of professional examinations. Prerequisite: Busadm 220. 626. Quantitative Methods in Accounting (4) The application of mathematics and statistics to accounting problems. Models and techniques include cost estimation, cost control, inventory management, financial forecasting, linear programming, goal programming, Markov analysis, and simulation. Prerequisite: Graduate standing. 631. 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: Acctng 331. 633. Advanced Managerial Accounting (4) A study and analysis of advanced managerial accounting subjects. Examines the impact of accounting information on managerial processes including planning, organizing, and controlling. Prerequisites: Acctng 626, 631 and graduate standing. 641. Corporate and Partnership Taxation (4) Basic principles of corporate and partnership taxation with emphasis on tax planning for these entities. Prerequisite: Acctng 344. 642. 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: Acctng 344 or consent of instructor. 645. IRS Practice and Procedure (4) Audit, appeal, and litigation strategy and procedure applicable to federal income tax matters. A simulated case involving drafting of appropriate documents will be an integral part of the course. Prerequisites: Acctng 344 and 641 or consent of instructor. 646. Advanced Corporate Taxation (4) A study of the income taxation of corporations with emphasis on corporate formation, distributions, liquidations, and reorganizations. Prerequisite: Acctng 641 and graduate standing. 647. Advanced Partnership Taxation (4) A study of the income taxation of partnerships including formation, distributions, purchase and sale of partnership interests, etc. Prerequisite: Acctng 641 and graduate standing. 648. Tax Research and Planning (4) Procedures in effective tax research as ap- plied to specific problems of individuals, corporations, partnerships, and fiduciaries. Prerequisites: Acctng 344 and 641 or consent of instructor. 649. Seminar on Tax Policy (2) Consideration of various types of taxing structures with in-depth discussion of what might constitute an ideal type of taxing structure. Prerequisite: Acctng 641 and graduate standing. 655. Audit Techniques and Cases (4) The application of generally accepted auditing standards to auditing cases, auditing research techniques, and statistical sampling as related to auditing. Prerequisite: Acctng 452, 626 and graduate standing. 657. Auditing EDP Systems (4) Methods, techniques, controls, and procedures used in the audit of computerized accounting systems. Prerequisite: Acctng 452. 661. Advanced Accounting Information Systems (4) An advanced study of accounting information systems including general ledger, accounting data base management, and management query systems. Course integrates projects and case studies where applicable. Prerequisite: Acctng 360. 672. International Accounting (4) A study of the accounting problems encountered in firms doing business internationally. Also includes a discussion of problem solution policies and techniques. Prerequisite: Consent of instructor. 675. Accounting Research and Communication (4) An in-depth study of accounting research methodologies and analytical techniques. The course integrates methods of communicating the results of analyses and research accomplished. Prerequisite: Graduate standing. Undergraduate Accounting Courses Advanced Standing prerequisites indicated on course descriptions apply to non-business students. Business majors must have Advanced Standing before taking upper division courses. Prerequisites other than Advanced Standing courses must be taken by all students. 100. Practical Accounting and Taxes (2) A conceptual look at financial accounting and federal taxes as they relate to the individual's personal life. Designed for non-accounting majors. 201. Elementary Financial Accounting I (4) Introduction to the basic accounting cycle for service and merchandising companies plus consideration of selected balance sheet topics. Prerequisite: Math 105. 202. Elementary Financial Accounting II (4) Continuation of Acctng 201 including discussion of remaining balance sheet topics and consideration of basic principles of accounting for corporations and partnerships. Prerequisite: Acctng 201. 230. Managerial Accounting (3) Analysis of cost behavior and the role of accounting information in the planning, controlling, and decision making processes of a business enterprise. Prerequisite: Acctng 202. 289. Cooperative Work Experience (1-4) Open to students meeting criteria establish- ed from time to time by the department and on file either in the department or the Cooperative Education Office. Credit does not satisfy requirements of any accounting degree program. 292. Short Courses, Workshops, Institutes and Special Programs (1-4) 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 descriptive title. The specific title with the credit authorized for the particular offering will appear on the student transcript. 311. Intermediate Financial Accounting I (3) Introduction to the accounting profession, standard setting process and the conceptual